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KFin Technologies IPO Date, Share Price, GMP, Review, Allotment

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 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.


    What is KFin Technologies IPO Date?
    KFin Technologies IPO Date is 19 December 2022.

    What is KFin Technologies IPO Price Band?
    KFin Technologies' IPO Price Band is ₹347 to ₹366.

    What is KFin Technologies IPO Expected Return?
    KFin Technologies IPO Expected Returns is approx -%.

    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.


    Important Links

    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

    KFin Technologies IPO open date: 19 December 2022, Closing date: 21 December 2022, and Listing date: 29 December 2022. The price band of KFin Technologies IPO is ₹347 to ₹366 per share. KFin Technologies IPO issue size is Rs 1500 crores. KFin Technologies IPO retail portion is 10%, the QIB portion is 75%, and NII Portion is 15%.
    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

    KFin Technologies IPO's minimum lot size is 40 shares with ₹14,640 application amount and the maximum lot size is 520 shares with ₹190,320 application amount.
    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

    [Note:- Not rated yet.]

    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)

    YearTotal AssetsRevenueProfit
    Mar 2019₹1021.78₹164.76₹8.96
    Mar 2020₹868.38455.26₹4.52
    Mar 2021₹922.61₹486.2(₹64.51)
    Mar 2022₹1026.41₹645.56₹148.55

    Promoters

    The promoters of the company are:
    • General Atlantic Singapore Fund Pte. Ltd

    KFin Technologies Contact Details

    KFin Technologies Limited
    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

    Bigshare Services Private Limited
    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.


    KFin Technologies IPO FAQs

    What is KFin Technologies IPO Price Band?
    KFin Technologies IPO Price Band is ₹347 to ₹366.

    What is the KFin Technologies IPO Opening Date?
    KFin Technologies IPO Opening date is 19 December 2022.

    What is the KFin Technologies IPO Closing Date?
    KFin Technologies IPO Closing date is 21 December 2022.

    What is the KFin Technologies IPO Allotment date?
    KFin Technologies IPO Allotment Date is  26 December 2022.

    What is the KFin Technologies IPO Listing Date?
    The KFin Technologies IPO Date is 29 December 2022.

    What is KFin Technologies IPO issue size?
    KFin Technologies IPO issue size is ₹1500.

    What is KFin Technologies IPO Expected Returns?
    KFin Technologies IPO Expected Returns is -%.


    How to Apply the KFin Technologies Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "KFin Technologies Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    We hope you like this article about KFin Technologies IPO. If you have a query about KFin Technologies IPO then, leave a comment. Here you can also stay updated about the upcoming IPO. Also, you can track IPO performance. Thanks for Visiting. Happy Investing.

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