KFin Technologies IPO Date, Price, Review
KFin Technologies IPO: Know everything about KFin Technologies IPO. KFin Technologies Limited IPO Date, KFin Technologies Ltd IPO Review and analysis. We will discus about KFin Technologies IPO Benefits & Risks. Also, all information related to KFin Technologies IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
KFin Technologies IPO
KFin Technologies Limited serves the mission-critical needs of asset managers with clients spread across Mutual Funds, AIFs (Alternative Investments), Pensions, Wealth Managers, and Corporates in India and abroad. KFin Technologies Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1500 crore through IPO (Initial public offering).
KFin Technologies IPO will open on 19 December 2022 and close on 21 December 2022. The price band of the KFin Technologies IPO is ₹347 to ₹366. KFin Technologies IPO size is 1500 Crores. The offer includes [0] Crores under fresh issue and 1500 Crores under offer for sale. KFin Technologies IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. KFin Technologies IPO listing date is 29 December 2022. You can know about KFin Technologies IPO GMP (Grey Market Premium) below.
KFin Technologies has given average financial performance. The company made a loss of ₹64.51 crores in the financial year 2021 (March 2021). The IPO of KFin Technologies will be listed on NSE and BSE. KFin Technologies IPO face value is ₹10 per equity share.
We will talk about KFin Technologies' financials, benefits, and risks of investing in the company.
About KFin Technologies Ltd
KFin Technologies Limited was incorporated in the year 2017. Presently KFin Technologies Limited has emerged as a leading technology-driven financial services platform. KFin Technologies provides services and solutions to asset managers and corporate issuers across asset classes in India. In addition, the company provides a range of investor solutions including transaction origination and processing for mutual funds and private retirement plans in Malaysia, the Philippines, and Hong Kong.
The company provides SaaS (Software as a Service) based end-to-end transaction management, channel management, compliance solutions, data analytics, and many other digital services outsourcing services to asset managers across segments as well as global players.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
KFin Technologies IPO Date and Price Band Details
IPO Open: | 19 December 2022 |
IPO Close: | 21 December 2022 |
Listing Date: | 29 December 2022 |
Listing On: | NSE & BSE |
IPO Size: | Approx ₹1500 crores |
Fresh Issue: | Approx ₹0 crores |
Offer For Sale: | Approx ₹1500 crores |
Price Band: | ₹347 to ₹366 per share |
Face Value: | ₹10 per Equity share |
QIB Portion: | 75% |
Retail Portion: | 10% |
NII Portion: | 15% |
Employee Res: | Not Disclosed |
KFin Technologies IPO Lot Size Details
Minimum Lot: | 01 |
Minimum Lot Size: | 40 Shares |
Minimum Amount: | ₹14,640 |
Maximum Lot: | 13 |
Maximum Lot Size: | 520 Shares |
Maximum Amount: | ₹190,320 |
KFin Technologies IPO Open, Close, Allotment, and Listing Date
Ipo Opening Date: | 19 December 2022 |
IPO Closing Date: | 21 December 2022 |
Basis of Allotment: | 26 December 2022 |
Refund Date: | 27 December 2022 |
Credit to Demat Account: | 28 December 2022 |
Listing Date: | 29 December 2022 |
KFin Technologies IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of KFin Technologies IPO on our website.
KFin Technologies Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company has a strong Board of Directors and major shareholders as well as an experienced management team.
- Presently KFin Technologies Limited has emerged as a leading technology-driven financial services platform.
- (As on January 31, 2022) The company is India's largest investor solutions provider to Indian Mutual Funds by virtue of serving multiple AMC (Asset Management Company) clients.
- The company provides SaaS (Software as a Service) based end-to-end transaction management, channel management, compliance solutions, data analytics, and many other digital services outsourcing services globally.
Risks
- Significant outages or data security breaches in information technology systems can have a negative impact on their business and reputation.
- Companies depend on a small number of customers for a large amount of their revenue.
- Their future revenue and profits are highly dependent on the growth, value, and composition of AAUM driven by their customers, which may deteriorate.
- The company had a loss of 64.51 crores in the financial year 2021 and it may happen in the future as well.
- If for any reason the company fails to comply with the directions of the Directorate of Enforcement, Ministry of Finance, Government of India, it may have a negative impact on the company.
KFin Technologies Ltd Financials
KFin Technologies Financials(in Crores)
Year | Total Assets | Revenue | Profit |
---|---|---|---|
Mar 2019 | ₹1021.78 | ₹164.76 | ₹8.96 |
Mar 2020 | ₹868.38 | ₹455.26 | ₹4.52 |
Mar 2021 | ₹922.61 | ₹486.2 | (₹64.51) |
Mar 2022 | ₹1026.41 | ₹645.56 | ₹148.55 |
Promoters
- General Atlantic Singapore Fund Pte. Ltd
KFin Technologies Contact Details
Selenium, Tower B, Plot No- 31 & 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad,
Rangareddi – 500032, Telangana, India
Telephone: +91 2261407600
E-mail: compliance.corp@kfintech.com
Website: www.kfintech.com
KFin Technologies Lead Managers
- ICICI Securities Limited
- Kotak Mahindra Capital Company
- J.P. Morgan India Private Limited
- IIFL Securities Limited
- Jefferies India Private Limited
KFin Technologies IPO Registrars
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400 059
Telephone: +91 22 6263 8200
Email: kfintechipo@bigshareonline.com
Website: www.bigshareonline.com
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has average good. In the financial year 2021, the company had a loss of Rs 64.51 crore. Although, the company had a profit of Rs 97.69 crores in FY 2021 (September Quater). Our suggestion will be updated when the KFin Technologies Limited IPO starts. KFin Technologies Limited IPO financial details and other information are given above.
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