Kfin Technologies IPO GMP, Date, Price, Lot, Kostak & Subject Rates are provided here. Read to know when you can invest. The KFin Technologies IPO GMP will take place this month. Get all of the details in the following article.
KFin Technologies IPO GMP
The KFin Technologies IPO began on December 19, 2022. It will close on December 21, 2022. The total size of the IPO is Rs. 1,500 crore. The IPO price set by the company is 347-366 Rs per share. KFin Technologies IPO Subscription is divided into three basic categories. 1) Accredited Institutional Buyers 2) Individual Investors (non-institutional) 3) Individual Retail Investors (RIIs).
KFin Technologies was founded in 2017.
KFin Technologies is a leading technology-driven financial services platform in India, offering comprehensive services and solutions to the capital markets ecosystem, including asset managers and corporate issuers across asset classes, as well as several investor solutions in Malaysia, the Philippines, and Hong Kong, including transaction origination and processing for mutual funds and private retirement schemes.
KFin Tech is one of India’s two leading provider of investor solutions. It serves 25 of the 42 Asset Management Companies (AMCs) in India. As of January 31, 2022, it had accepted 15 of the last 20 mutual funds launched in India. The company reported SIP (Systematic Investment Plan) inflow of INR 48.51 crores in December 2021, increasing its market share from 39.01% as of the end of March 2021 to 42.92%.
Peers
- Computer Age Management Services Limited
KFin Technologies IPO Promotors
- General Atlantic Singapore Fund Pvt. Ltd.
Competitive Strengths
- Our diverse multi-asset servicing platform is well-positioned to benefit from strong growth in India and Southeast Asia’s large markets.
- Scaled platform with a proven track record of market leadership and growth.
- Long-standing client relationships.
- Unique “platform-as-a-service” business model.
- Asset-light business model with a recurring revenue model.
- Experienced management team.
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What is Kfin Technologies IPO GMP Today?
The Kfin Technologies IPO GMP Today Or Grey Market Premium is ₹7-₹8.
What is Kfin Technologies IPO Kostak Rates Today?
The Kfin Technologies IPO Kostak rate is ₹0.
What is Kfin Technologies IPO Subject to Sauda Price Today?
The Kfin Technologies IPO Subject to Sauda rates is ₹0.
Kfin Technologies IPO Expected Returns?
The estimated return on the Kfin Technologies IPO is 1%-2%. It can also change in response to market sentiment.
KFin Technologies IPO GMP Live Rates day by day with Kotak rates
| Date | GMP | Kostak | Subject |
| 21 Dec 2022 | ₹ | ₹ | ₹ |
| 20 Dec 2022 | ₹ | ₹ | ₹ |
| 19 Dec 2022 | ₹ | ₹ | ₹ |
| 18 Dec 2022 | ₹7-₹8 | ₹0 | ₹0 |
| 17 Dec 2022 | ₹7-₹8 | ₹0 | ₹0 |
| 16 Dec 2022 | ₹4-₹5 | ₹0 | ₹0 |
Kfin Technologies IPO Date & Price Band & Details :
| Issue Type | Book Building Issue |
| IPO Opening Dates | 19-Dec-2022 |
| IPO Closing Dates | 21-Dec-2022 |
| IPO Size | ₹1500.00 Cr {40,983,606 Shares} |
| Offer For Sale | ₹1500.00 Cr {40,983,606 Shares} |
| Fresh Issue | ₹-. Cr |
| Price Band | 347-366 Rs |
| Minimum bid (lot size) | 40 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 10% |
| QIBs | 75% |
| Non-Institutional | 15% |
| Discount | N/A |
| Listing On | NSE, BSE |
Kfin Technologies IPO Market Lot Size
The minimum market lot for the KFin Technologies IPO is 40 shares at a cost of ₹14,640 per application.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 40 | ₹14,640 |
| Retail Maximum : | 13 | 520 | ₹190,320 |
| S-HNI Minimum : | 14 | 560 | ₹204,960 |
| B- HNI Minimum : | 69 | 2760 | ₹1,010,160 |
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KFin Technologies’ Financial Performance
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 162.4 | 449.9 | 481.1 | 639.5 | 348.8 |
| Expenses | 150.9 | 436.8 | 418.7 | 441.6 | 243.1 |
| Net income | 9.2 | 3.8 | (64.4) | 148.0 | 86.2 |
| Margin (%) | 5.7 | 0.8 | (13.4) | 23.1 | 24.7 |
Figures in INR crore unless specified otherwise
KFin Technologies Offer News
KFin Technologies Valuations & Margins
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.46 | 0.28 | (4.28) | 9.36 |
| PE ratio | – | – | – | 37.07 – 39.10 |
| RONW (%) | 1.72 | 0.97 | (17.07) | 29.99 |
| NAV | 31.31 | 27.15 | 22.96 | 38.45 |
| EBITDA (%) | 41.24 | 36.03 | 44.72 | 45.53 |
| Net Debt/Equity | 0.53 | 0.91 | 0.71 | 0.00 |
*Compiled by IPO Central from Prospectus
Kfin Technologies IPO Allotment Dates
The IPO date for Kfin Technologies is December 19, 2022, with a closing date of December 21, 2022. The allotment will be finalised on December 21, 2022, and the IPO may go public on December 29, 2022.
| Event | Probable Dates |
|---|---|
| Opening Date | December 19, 2022 |
| Closing Date | December 21, 2022 |
| Basis of Allotment | December 26, 2022 |
| Initiation of Refunds | December 27, 2022 |
| The credit of Shares to Demat | December 28, 2022 |
| Listing Date | December 29, 2022 |
KFin Technologies IPO Promoter Holding
| Pre Issue Share Holding | 74.37% |
| Post Issue Share Holding | 49.91% |
KFin Technologies IPO Reviews – Subscribe or Avoid?
Angel One –
Antique Stock Broking –
Anand Rathi –
Arihant Capital –
Asit C Mehta –
Ashika Research – Neutral
BP Wealth – Avoid
Choice Broking –
Canara Bank Securities – Avoid
Elite Wealth – Avoid
Dalal & Broacha –
Hem Securities –
GEPL Capital –
Geojit –
KR Choksey – Neutral
Jainam Broking –
ICICIdirect –
LKP Research –
Motilal Oswal –
Marwadi Financial –
Nirmal Bang –
Religare Broking –
Reliance Securities –
SMC Global – 2/5
Samco Securities –
Ventura Securities – Subscribe
Swastika Investmart –
KFin Technologies Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093, Maharashtra
Phone: +91 022 62638200
Email: kfintechipo@bigshareonline.com
Website: www.bigshareonline.com
KFin Technologies Contact Details
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: www.kfintech.com
KFin Technologies IPO Allotment Status
The IPO allotment for KFin Technologies will be available on Bigshare Services’ website. To check the status of your allotment, go to the Bigshare Services website.
KFin Technologies IPO FAQ
What is KFinTech IPO?
The IPO of KFin Technologies is a Mainline IPO. They plan to raise Rs. 1500 crores through an IPO. The equity shares are priced at Rs.347-366 per share. The IPO will be listed on the NSE and BSE.
www.kfintech.com IPO Status?
The IPO allotment for KFin Technologies will be available on Bigshare Services’ website. To check the status of your allotment, go to the Bigshare Services website.
What is KFin IPO Price band?
KFin IPO price band is 347-366 Rs Per share.
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