The KFin Technologies IPO has begun on 19-Dec-2022. It will close on 21-Dec-2022. The Total IPO Size is 1,500 Crore. The company set its IPO price is 347-366 Rs Per Share. Basically, there are three basic categories in KFin Technologies IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
KFin Technologies is established in 2017.
KFin Technologies is a leading technology-driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, Philippines and Hong Kong.
They are India’s largest investor solutions provider to Indian mutual funds, based on a number of AMC clients serviced. (Source: CRISIL Report) They are providing services to 25 out of 42 AMCs in India, as of January 31, 2022, representing 60% of the market share based on the number of AMC clients. (Source: CRISIL Report) In addition, They signed on two new AMCs that are yet to launch operations as of January 31, 2022. (Source: CRISIL Report) Further, through our acquisition of Hexagram, They serve six AMCs in India on fund accounting, of which, three are our existing AMC clients in India for investor solutions.
They are servicing 270 funds of 157 asset managers in India as of January 31, 2022, representing 32% market share based on the number of AIFs being serviced. (Source: CRISIL Report).
Peers
1) Computer Age Management Services Limited
KFin Technologies IPO Promotors
1) General Atlantic Singapore Fund Pte. Ltd.
Competitive Strengths
1) Scaled platform with a strong track record of growth and market leadership
2) Our diverse multi-asset servicing platform is well-positioned to benefit from strong growth across large markets in India and south east Asia
3) Unique “platform-as-a-service” business model
4) Long-standing client relationships
5) Asset-light business model with a recurring revenue model
6) Experienced management team
KFin Technologies IPO Date, Details & Price Band
| IPO Opening Dates | 19-Dec-2022 |
| IPO Closing Dates | 21-Dec-2022 |
| Price Band | 347-366 Rs |
| Offer For Sale | 1,500 Crore |
| Fresh issue | NIL |
| Total IPO size | 1,500 Crore |
| Minimum bid (lot size) | 40 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 10% |
| Non-Institutional | 15% |
| QIBs | 75% |
| Listing On | NSE, BSE |
KFin Technologies IPO Market Lot
The KFin Technologies IPO minimum market lot is 40 shares With 14,640 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 40 | 14,640 Rs |
| Retail Maximum | 13 | 520 | 1,90,320 Rs |
| S-HNI Minimum | 14 | 560 | 2,04,960 Rs |
| Retail Maximum | 69 | 2,760 | 10,10,160 Rs |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share (Basic) | Net asset value per Equity Share (₹) | |
| 31-Mar-22 | 1026.41 | 645.56 | 148.55 | 29.99 | 38.45 |
| 31-Mar-21 | 922.61 | 486.2 | -64.51 | (17.07) | 22.96 |
| 31-Mar-20 | 868.38 | 455.26 | 4.52 | 0.97 | 27.15 |
KFin Technologies IPO GMP & Grey Market Premium
KFin Technologies IPO GMP Grey market premium has been started today. Check Latest KFin Technologies IPO GMP, Kostak Rates and Subject to Sauda Price here.
KFin Technologies IPO Prospectus
| DRHP | Download |
| RHP | Download |
KFin Technologies IPO Allotment Date & Details
| Allotment Date | 26-December-2022 |
| Initiation of refunds | 27-December-2022 |
| Transfer of shares to Demat accounts | 28-December-2022 |
| Listing Date | 29-December-2022 |
| Check Allotment Status | Click here |
Registrar of KFin Technologies IPO
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200
Email:[email protected]
Investor Grievance Email:[email protected]
Website: www.bigshareonline.com
Contact Person: Ashish Bhope
SEBI Registration No.: INR000001385
KFin Technologies Contact Details
Selenium, Tower B,
Plot No- 31 & 32,
Financial District,
Nanakramguda, Serilingampally,
Hyderabad, Rangareddi – 500032,
Telangana, India.
Contact Person: Alpana Uttam Kundu,
Company Secretary and Compliance Officer;
Telephone no.: +91 40 7961 5565
E-mail: [email protected];
Website: www.kfintech.com
KFin Technologies IPO Lead Managers
ICICI Securities Limited
Kotak Mahindra Capital Company Limited
Jefferies India Private Limited
J.P. Morgan India Private Limited
thank you for detail analysis