KFin Technologies IPO Subscription Status [ Final ]

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 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).

Can we Subscribe KFin Technologies IPO?

In our view, May be.

Latest News Update: KFin Technologies IPO Subscription Status Live
  • KFin Technologies IPO subscribed 2.59 times, retail portion booked 1.36 times on day 3 day.
  • The QIB 4.17, NII 0.23 times Subscribed on day 3.

KFin Technologies IPO Subscription Status( Last updated on 21 Dec 2022 | 05:00:00 PM )

Day 1 (times) Day 2 (times) Day 3 (times)
QIB 0.91 1.02 4.17
NII 0.01 0.03 0.23
Retail 0.26 0.74 1.36
Total 0.55 0.70 2.59

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