Kfin Technologies IPO : Established in 2017, KFin Technologies is a leading technology driven financial service platform that provides services and solutions to capital market ecosystem.
List of Topic Covered
Key Features of KFin Technologies IPO
- KFin Technologies IPO will open on Dec 19, 2022
- You can apply in this IPO from Dec 19, 2022 to Dec 21, 2022.
- Issue Price band of the company is ₹347 to ₹366 per equity share.
- This IPO comprises only an offer for sale of approx 4,09,83,607 shares of ₹10 (worth ₹1500 Crores) .
- It has a minimum 40 shares in one lot and you have to spend a minimum of ₹14,640 for 1 lot.
- KFin Technologies Ltd is looking to raise ₹1,500 Crores through this IPO.
What is KFin Technologies Limited
- KFintech serves asset managers with clients spanning mutual funds, AIFs (alternative investments), pension, wealth managers and corporates in India and abroad.
- The company provides SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics and various other digital services to asset managers as well as outsourcing services for global players.
- KFin services 27 of 46 Indian Mutual Fund AMCs.
- They are Corporate registrar in India serving nearly 600 listed and 3000+ unlisted corporates.
- KFin is one of the two players providing central recordkeeping services for the National Pension System in India.
- Rs 13 lac crores of AUM & processes over 10 lac transactions each day.
- KFin services over 13 Crore Folios whilst being the backbone to the investor.
- Serving over 300 AIF schemes launched by 100+ fund managers.
- Mr. Sanjay Thakker is the Chairman and Director of Landmark Cars Limited.
- Company was in loss in 2020 but it’s profitable for the last two years. Good sign for investors.
KFin Technologies IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. KFin Technologies IPO price band is placed at ₹347 to ₹366 , but the grey market premium of this share is currently 2.19% i.e. at ₹8. So the share price of Landmark Cars IPO in the grey market is ₹374 (₹366 + ₹8) .
Click here to Get Details IPO Grey Market Premium (GMP) Live
KFin Technologies IPO Live Subscription Status
KFin Technologies subscribed 2.59 times on it’s final day i.e. on December 21, 2022
Click here to Get Details IPO Subscription Status Live
KFin Technologies IPO Date, Lot Size, Allotment
KFin Technologies IPO Details
| IPO Start Date | December 19, 2022 |
| IPO Close Date | December 21, 2022 |
| Fresh Equity Share Issue | – |
| Offer for Sale | 4,09,83,607 shares of ₹10 (₹1,500 Crores) |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹347 – ₹366 Per Equity Share |
| Retail Quota Share | 10% |
| QIB Quota | 75% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
KFin Technologies IPO Timetable
| IPO Start Date | December 19, 2022 |
| IPO Close Date | December 21, 2022 |
| Basis of Share Allotment Date | December 26, 2022 |
| Refunds Date | December 27, 2022 |
| Credit of shares to Demat Account Date | December 28, 2022 |
| KFin Technologies IPO Listing Date | December 29, 2022 |
KFin Technologies IPO Lot Size
| Application | Lot | Shares | Amount |
| Retail (Minimum) | 1 | 40 | ₹ 14,640 |
| Retail (Maximum) | 13 | 520 | ₹ 1,90,320 |
| S – HNI (Minimum) | 14 | 560 | ₹2,04,960 |
| B – HNI (Minimum) | 69 | 2,760 | ₹10,10,160 |
KFin Technologies Ltd Financial Report (2020-2022)
| Year | Revenue | PAT (Profit / Loss After Tax) |
| 2022 | ₹639.51 | ₹148.55 |
| 2021 | ₹481.14 | – ₹64.51 |
| 2020 | ₹449.87 | ₹4.52 |
KFin Technologies IPO – Basis of Allotment
- 75% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 10% quota is reserved for retail investors.
How to Apply in KFin Technologies IPO ?
- You can apply for the KFin Technologies IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for KFin Technologies IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the KFin Technologies IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see KFin Technologies IPO.
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the KFin Technologies IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name KFin Technologies IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
KFin Technologies IPO Allotment Status
You can check KFin Technologies IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in KFin Technologies IPO
KFin Technologiesx IPO Promoters
- General Atlantic Singapore Fund Pte. Ltd.
KFin Technologies IPO Lead Managers
- ICICI Securities Limited
- Kotak Mahindra Capital Company Limited
- J.P. Morgan India Private Limited
- IIFL Securities Ltd
- Jefferies India Private Limited
KFin Technologies Contact Information
KFin Technologies Limited
Selenium, Tower B, Plot No- 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareddi – 500032, Telangana
- Phone: +91 40 7961 5565
- Email: compliance.corp@kfintech.com
- Website: http://www.kfintech.com/
KFin Technologies IPO Registrar Contact Information
Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
- Email: kfintechipo@bigshareonline.com
- Website: http://www.bigshareonline.com
Paisa kaudi recommendation on KFin Technologies IPO
KFin Technologies is a leading technology driven financial service platform in India. Price range is convincing. Grey market premium is at ₹8. You can invest in this IPO for long term gains.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
KFin Technologies IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹1,500 Crores through this IPO. One lot has minimum 40 shares and you have to spend a minimum ₹14,640 for 1 lot.
KFin Technologies IPO price band is ₹347 to ₹366.
One lot has minimum 40 shares and you have to spend a minimum ₹14,640 for 1 lot. Maximum lot is 13 and you have to spent ₹1,90,320.
10% quota is reserved for retail investors. 15% quota is reserved for NII Category and 75% quota is reserved for the QIB category.
KFin Technologies IPO will open on December 19, 2022.
Basis of Allotment for KFin Technologies IPO will happen on December 26, 2022 and allotted shares will be deposited in your demat account on December 28, 2022.
Shares of KFin Technologies IPO will list in the market on December 29, 2022.
This covers all the points on KFin Technologies IPO. Please write in the comment box if you need any further information on this.
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