Last updated on December 29, 2022
KFin Technologies IPO description – KFin Technologies is a leading technology-driven financial services platform provider. The company provides comprehensive services and solutions to the capital market ecosystem including mutual funds, alternative investment funds (AIFs), wealth managers, pension fund managers and corporate issues. KFin Tech provides several investor solutions such as transaction origination and processing for mutual funds and private retirement schemes.
KFin Tech is one of the two leading investor solution providers in India. It provides services to 25 out of 42 Asset Management Companies (AMCs) in India. As of 31 January 2022, it had on-boarded 15 out of the last 20 mutual funds launched in India. In December 2021, the company recorded INR48.51 crores of SIP (Systematic Investment Plan) inflow which translates to a market share of 42.92%, up from 39.01% as on 31 March 2021.
KFin Tech has a noticeable overseas presence as a technology-driven financial services platform provider. Besides India, the company serves in South East Asia, Hong Kong, Malaysia, and the Philippines, among others. In Malaysia, there are 60 AMCs and KFin counts 18 of them among its clients. In addition, there are three clients in the Philippines and Hong Kong and two clients in Singapore as of 31 January 2022.
Promoters of KFin Technologies – General Atlantic Singapore Fund Pte. Ltd
KFin Technologies IPO Details
| KFin Technologies IPO Dates | 19 – 21 December 2022 |
| KFin Technologies IPO Price | INR 347 – 366 per share |
| Fresh issue | Nil |
| Offer For Sale | INR 1,500 crore |
| Total IPO size | INR 1,500 crore |
| Minimum bid (lot size) | 40 shares (INR 14,640) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
KFin Technologies’ Financial Performance
| Â | 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 |
KFin Technologies Offer News
- KFin Technologies RHP
- KFin Technologies DRHP
- KFin Technologies files DRHP: 7 key points to know
- IPO subscription status of all IPOs
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 |
KFin Technologies IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 28 Dec 2022 | (5) | – | – |
| 22 Dec 2022 | – | – | – |
| 21 Dec 2022 | 5 | – | – |
| 20 Dec 2022 | 5 | – | – |
| 19 Dec 2022 | – | – | – |
| 17 Dec 2022 | – | – | – |
KFin Technologies IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 1,29,68,300 | 64,84,149 | 43,22,766 | 2,37,75,215 |
| 21 Dec 2022 | 4.17 | 0.23 | 1.36 | 2.59 |
| 20 Dec 2022 | 1.02 | 0.03 | 0.81 | 0.70 |
| 19 Dec 2022 | 0.91 | 0.01 | 0.26 | 0.55 |
KFin Technologies IPO Reviews – Subscribe or Avoid?
Angel One – Neutral
Anand Rathi – Subscribe
Antique Stock Broking –
Arihant Capital –
Ashika Research – Neutral
Asit C Mehta –
BP Wealth – Avoid
Canara Bank Securities – Avoid
Choice Broking – Subscribe
Dalal & Broacha –
Elite Wealth – Avoid
Geojit –
GEPL Capital – Subscribe for listing gains
Hem Securities – Subscribe
ICICIdirect – Unrated
Jainam Broking – Subscribe for short term
KR Choksey – Neutral
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities – Subscribe
SMC Global – 2/5
Swastika Investmart –
Ventura Securities – Subscribe
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:Â [email protected]
Website:Â 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:Â +91 40 7961 5565
Email: [email protected]
Website: www.kfintech.com
KFin Technologies IPO Allotment Status
KFin Technologies IPO allotment is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
KFin Technologies IPO Dates & Listing Performance
| KFin Technologies IPO Opening Date | 19 December 2022 |
| KFin Technologies IPO Closing Date | 21 December 2022 |
| Finalisation of Basis of Allotment | 26 December 2022 |
| Initiation of refunds | 27 December 2022 |
| Transfer of shares to demat accounts | 28 December 2022 |
| KFin Technologies IPO Listing Date | 29 December 2022 |
| Opening Price on NSE | INR 367 per share (up 0.27%) |
| Closing Price on NSE | INR 364.40 per share (down 0.44%) |
KFin Technologies IPO FAQs
How many shares in KFin Technologies IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in KFin Technologies Public Offer?
The best way to apply in KFin Technologies public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is KFin Technologies IPO GMP today?
KFin Technologies IPO GMP today is a discount of INR 5 per share.
What is KFin Technologies kostak rate today?
KFin Technologies kostak rate today is NA per application.
What is KFin Technologies Subject to Sauda rate today?
KFin Technologies Subject to Sauda rate today is NA per application.
