KFin Technologies Limited
ListedMainboardFinancial Services / FinTech · NSE / BSE
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial services platform offering comprehensive investor and issuer solutions across multiple asset classes in India and select international markets. The company provides transaction origination, processing, and record-keeping services for mutual funds and private retirement schemes in Malaysia, the Philippines, and Hong Kong. As of September 30, 2022, it is India’s largest investor solutions provider to mutual funds and the only platform serving mutual funds, AIFs, wealth managers, pension funds, and corporate issuers under one roof. KFin Technologies is also one of the two central record-keeping agencies (CRAs) for the National Pension System (NPS) and the country’s largest issuer solutions provider. Its offerings span investor solutions, issuer solutions such as IPO/FPO processing and e-AGMs, and global services including mortgage, legal, finance, and accounting support. For Fiscal 2022, the company reported revenue from operations of ₹6,395.07 million, with ₹3,487.68 million recorded in the six months ended September 30, 2022.
Price Band
₹347 – ₹366
Issue Size
₹1500 Cr
Lot Size
40 shares
GMP
₹5
+1.4%
Est. Listing
₹371
at current GMP
Subscribed
2.59x
overall
Open
19 Dec 2022
Close
21 Dec 2022
Allotment
27 Dec 2022
Refund
28 Dec 2022
Demat Credit
29 Dec 2022
Listing
29 Dec 2022
Last updated 12 days ago
Key Highlights
- •Leading player in the Financial Services / FinTech segment
- •Price band established at ₹347 - ₹366 per equity share
- •Minimum bid lot is 40 shares
- •Estimated listing target of ₹371 based on current grey market activity