IPO

KFin Technologies Limited IPO

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Listed On: Dec 29, 2022 at ₹ 367.0(NSE)

₹ 14640 /40 Shares

Check Allotment

19 Dec, 2022

Open Date

21 Dec, 2022

Close Date

26 Dec, 2022

Allotment Date

29 Dec, 2022

Listing Date
Price Summary

Last Closing

1,076.00 (193.99%)

52 Week High

1,641.35

52 Week Low

784.15

Last Update

19-Dec-2025 3:30 PM
KFin Technologies Limited IPO Issue Details
  • Issue Price ₹347-366 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price Offer for Sale : 40,983,607 shares of ₹10(aggregating up to ₹1,500.00 Cr)
  • Listing at BSE, NSE
  • List Price 367.0(NSE)
  • Listing Date 2022-12-29
  • Lead Manager ICICI Securities Limited,Kotak Mahindra Capital Company Limited ,J.P. Morgan India Private Limited ,IIFL Securities Ltd,Jefferies India Private Limited
  • Registrar Bigshare Services Pvt Ltd
KFin Technologies Limited IPO Details
  • Retail Portion 10% (Number of Retail Applications : 1,02,450 Approx),
    (Number of sHNI Applications : 3,650 Approx),
    (Number of bHNI Applications : 7,310 Approx)
KFin Technologies Limited IPO Documents
DRHP
RHP
KFin Technologies Limited IPO Details


The IPO of KFin Technologies Limited is priced at ₹347-366 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Dec 19, 2022 and ends on Dec 21, 2022. The allotment for KFin Technologies Limited IPO will be finalized on Dec 26, 2022. KFin Technologies Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 29, 2022. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are ICICI Securities Limited,Kotak Mahindra Capital Company Limited ,J.P. Morgan India Private Limited ,IIFL Securities Ltd,Jefferies India Private Limited.


The KFin Technologies Limited IPO sets its price band at 347-366 for each share. A single application for KFin Technologies Limited IPO must contain at least 40 shares.

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KFin Technologies Limited IPO Subscription Analysis And Details
Retail
1.36x
QIB
4.17x
NII
0.23x
bNII
0.25x
sNII
0.20x
Total
2.59x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 12,968,300 6,484,149
4,322,766    2,161,383 		4,322,766 23,775,215
Day 1 19-12-22 05:00 PM
0.91 x 0.01
0.00 x   0.03 x 		0.26 x 0.55 x
Day 2 20-12-22 05:00 PM
1.02 x 0.03
0.01 x   0.08 x 		0.74 x 0.70 x
Day 3 21-12-22 05:00 PM
4.17 x 0.23
0.25 x   0.20 x 		1.36 x 2.59 x
KFin Technologies Limited Valuations
Earnings Per Share (EPS) 8.86/-
P/E Ratio 41.29
RoNW 29.99%
Net Asset Value (NAV) - As on 30.09.22 ₹43.96
KFin Technologies Limited Company Financials
In Crs.
In Cr.
31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets 1026.41 922.61 868.38 1021.78
Revenue 645.56 486.2 455.26 164.76
Profit After Tax 148.55 -64.51 4.52 8.96
About KFin Technologies Limited Company

Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.
As on January 31, 2022, the company is India's largest investor solutions provider to Indian mutual funds, based on several AMC clients serviced. The company is also servicing 270 funds of 157 asset managers in India as on January 31, 2022.
As on January 31, 2022, KFin Technologies Limited is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds (AIFs), wealth managers and pension as well as corporate issuers in India.
KFin Technologies Limited is one of the two operating central record-keeping agencies (CRAs) for the National Pension System (NPS) in India as on January 31, 2022.
KFin Technologies Limited is India's largest issuer solutions provider based on several clients serviced, as of January 31, 2022.

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KFin Technologies Limited - Promoter(s)

General Atlantic Singapore Fund Pte. Ltd.

Pre Issue Share Holding : 74.37%

Post Issue Share Holding : 49.91%

KFin Technologies Limited IPO - Issue Objectives
1

The company will not receive any proceeds from the Offer and all such proceeds will go to the Promoter Selling Shareholder.

KFin Technologies Limited IPO - Anchor Investors

KFin Technologies raises Rs 675 crore from anchor book ahead of IPO.
Total 44 investors bought 1.84 crore shares via anchor book, including Goldman Sachs Funds, Carmignac Portfolio, Aberdeen Standard SICAV, Pinebridge Global Funds, Pari Washington India Master Fund, Citigroup Global Markets Mauritius, Morgan Stanley, and Copthall Mauritius Investment.
Ashoka India Equity Investment Trust, IIFL Special Opportunities Fund, Nippon Life India, Axis Mutual Fund, Mirae Mutual Fund, ICICI Prudential Life Insurance, Nuvama Private Investments Trust, Edelweiss Trusteeship, UTI MF, Canara Robeco MF, Motilal Oswal MF, Sundaram MF, Aditya Birla Sun Life Insurance, Bajaj Allianze Life Insurance, and Elara India Opportunities Fund also invested in the company via anchor book.

KFin Technologies Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
KFin Tech 8.33 41.3 29.99% 644
CAMS 15.96 39.4 54.30% 864