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
Overall Subscription
2.59x
Total Demand
QIB Multiplier
4.40x
Institutions & Funds
NII / HNI
0.25x
High Net-Worth
Retail (RII)
1.44x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 12,295,082 | 54,046,680 | 4.40x |
| NIB | 6,147,540 | 1,521,400 | 0.25x |
| HNIs(10L +) | 4,098,360 | 1,090,480 | 0.27x |
| HNIs (2-10L) | 2,049,180 | 430,920 | 0.21x |
| RETAIL | 4,098,360 | 5,899,440 | 1.44x |
| Total | 28,688,522 | 62,988,920 | 2.59x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 358,607 | 516,394 | 1.44x |
| HNIs (10L +) | 2,294 | 574 | 0.25x |
| HNIs (2-10L) | 10,978 | 2,745 | 0.25x |
| Total Applications | 371,879 | 519,713 | 1.40x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About KFin Technologies Limited Public Issue & Market Profile
KFin Technologies Limited is bringing an initial public offering (IPO) in the Financial Services / FinTech sector with an aggregate issue size of ₹1,500 Crores. The shares are offered at a price band of ₹347 to ₹366 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 40 shares (approx. ₹14,640 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-12-29, while un-allotted funds or UPI block mandates will be released on 2022-12-28.
Frequently Asked Questions
What is KFin Technologies Limited IPO GMP today?
The latest Grey Market Premium (GMP) for KFin Technologies Limited IPO is ₹5 per equity share. Based on the upper price band of ₹347 to ₹366 per equity share, the estimated listing price is ₹371 (+1.4% expected listing gain).
What is the expected profit per lot for KFin Technologies Limited IPO?
With a lot size of 40 shares and current GMP of ₹5, the expected profit per application lot is approx ₹200 (+1.4% gain). Minimum application cost is approx ₹14,640.
What is the issue size and price band for KFin Technologies Limited IPO?
The KFin Technologies Limited IPO aggregate issue size is ₹1,500 Crores with an equity price band set at ₹347 to ₹366 per equity share. The retail lot size is 40 shares requiring a minimum capital outlay of approx. ₹14,640.
How can I check KFin Technologies Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.59x (Retail: 1.44x, QIB: 4.40x, NII: 0.25x). You can track live multiples directly on our dedicated subscription page.
Where and when will KFin Technologies Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-12-27. Investors can verify status using PAN card or application number.
When is the listing date for KFin Technologies Limited IPO?
KFin Technologies Limited shares are scheduled to list on NSE and BSE on 2022-12-29.