KFin Technologies Limited
- IPO Date19 Dec, 2022 to 21 Dec, 2022
- Listing Date29 Dec, 2022
- Face Value₹10 per share
- Issue Price₹347 to ₹366 per share
- Lot Size40 Shares
- Minimum Investment₹14,640
- Listing AtBSE, NSE
- Total Issue Size4,09,83,607 Shares
(aggregating up to ₹1500.00 Cr) - Fresh Issue-
- Offer for Sale4,09,83,607 Shares
(aggregating up to ₹1500.00 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
21 Dec, 2022
Initiation of Refunds
28 Dec, 2022
Listing Date
29 Dec, 2022
19 Dec, 2022
Opening Date
26 Dec, 2022
Basis of Allotment
28 Dec, 2022
Credit of Shares
KFin Technologies Limited Lot Size
Investors can bid for a minimum of 40 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,640 |
| Retail (Max) | 13 | 520 | ₹1,90,320 |
| S-HNI (Min) | 14 | 560 | ₹2,04,960 |
| S-HNI (Max) | 68 | 2720 | ₹9,95,520 |
| B-HNI (Min) | 69 | 2760 | ₹10,10,160 |
KFin Technologies Limited Promoter Holding
General Atlantic Singapore Fund Pte. Ltd. is the company promoter.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 74.37% | 49.91% |
KFin Technologies Limited COMPANY INFORMATION
KFin Technologies IPO is a book built issue of Rs 1,500.00 crores. The issue is entirely an offer for sale of 4.1 crore shares. KFin Technologies IPO bidding started from December 19, 2022 and ended on December 21, 2022. The allotment for KFin Technologies IPO was finalized on Monday, December 26, 2022. The shares got listed on BSE, NSE on December 29, 2022. KFin Technologies IPO price band is set at ₹347 to ₹366 per share. The minimum lot size for an application is 40 Shares. The minimum amount of investment required by retail investors is ₹14,640. The minimum lot size investment for sNII is 14 lots (560 shares), amounting to ₹204,960, and for bNII, it is 69 lots (2,760 shares), amounting to ₹1,010,160. ICICI Securities Limited, Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Iifl Securities Ltd and Jefferies India Private Limited are the book running lead managers of the KFin Technologies IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. Refer to KFin Technologies IPO RHP for detailed information.
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.
As on September 30, 2022, the company is India's largest investor solutions provider to Indian mutual funds, based on several AMC clients serviced. The company is also servicing 301 funds of 192 asset managers in India as on September 30, 2022.
As on September 30, 2022, KFin Technologies Limited is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds ("AIFs"), wealth managers and pension as well as corporate issuers in India.
KFin Technologies Limited is one of the two operating central record-keeping agencies ("CRAs") for the National Pension System (" NPS") in India as on September 30, 2022.
KFin Technologies Limited is India's largest issuer solutions provider based on several clients serviced, as of September 30, 2022.
The company has classified its products and services in the following manner:
1. Investor solutions -(Account Setup, Transaction Origination, Redemption, Brokerage Calculations, Compliance / Regulatory Reporting Recordkeeping).
Domestic mutual funds, International, Pension services, Alternatives and wealth management.
2. Issuer solutions (Folio Creation and Maintenance, Transaction Processing for IPO, FPO, etc. Corporate Action Processing, Compliance / Regulatory Reporting Recordkeeping MIS, Virtual Voting e-AGM, e-Vault).
3. Global business Domestic mutual services (Mortgage Services Legal Services Transfer Agency Finance and Accounting).
The company's revenue from operations for Fiscal 2022 and the six months ended September 30, 2022, was Rs 6,395.07 million and Rs 3,487.68 million, respectively.
FAQs About Kfin Technologies Limited
KFin Technologies Limited will open on 19 Dec, 2022 and close on 21 Dec, 2022. Investors must apply within this period to participate.
The KFin Technologies Limited price band is set between ₹347.00 and ₹366.00 per share. The minimum lot size is 40, requiring an investment of at least ₹14640.00.
The KFin Technologies Limited shares are expected to be listed on 29 Dec, 2022, subject to regulatory approvals and final allotment.
You can track your KFin Technologies Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The KFin Technologies Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.