KFin Technologies Limited IPO Review
KFin Technologies IPO Overview
KFin Technologies Limited, founded in 2017, is a premier technology-driven financial services platform. In India, the firm provides services and solutions to asset managers and corporate issuers across asset classes, while in Malaysia, the Philippines, and Hong Kong, it provides investment solutions such as transaction origination and execution for mutual funds and private retirement schemes.
Based on the number of AMC clients served as of September 30, 2022, the firm is India’s largest investor solutions supplier to Indian mutual funds. As of September 30, 2022, the business is also serving 301 funds managed by 192 asset managers in India.
KFin Technologies Limited is the sole client and issuer solutions provider in India as of September 30, 2022, offering services to asset managers such as mutual funds, alternative investment funds (“AIFs”), wealth managers, pension funds, and corporate issuers.
As of September 30, 2022, KFin Technologies Limited is one of two operational central record-keeping agencies (“CRAs”) for India’s National Pension System (“NPS”).
KFin Technologies IPO Details
IPO Date | Dec 19, 2022 to Dec 21, 2022 |
Listing Date | Dec 29, 2022 |
Face Value | ₹10 per share |
Price | ₹347 to ₹366 per share |
Lot Size | 40 Shares |
Issue Size | 40,983,607 shares of ₹10 (aggregating up to ₹1,500.00 Cr) |
Offer for Sale | 40,983,607 shares of ₹10 (aggregating up to ₹1,500.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not less than 75% of the Offer |
NII (HNI) Shares Offered | Not more than 15% of the Offer |
Retail Shares Offered | Not more than 10% of the Offer |
Company Promoters | General Atlantic Singapore Fund Pte. Ltd. is the company promoter. |
KFin Technologies IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-19 | 1021.78 | 164.76 |
31-Mar-20 | 868.38 | 455.26 |
31-Mar-21 | 922.61 | 486.2 |
30-Sep-21 | 973.26 | 293.43 |
31-Mar-22 | 1026.41 | 645.56 |
30-Sep-22 | 1114.81 | 353.76 |
Amount in ₹ Crore |
Profit After Tax | Net Worth | Total Borrowing |
8.96 | 519.28 | 406.01 |
4.52 | 409.58 | 375.44 |
-64.51 | 346.4 | 346.13 |
67.8 | 269.95 | 321.44 |
148.55 | 644.34 | 122.51 |
85.34 | 736.72 | 126.24 |
Amount in ₹ Crore |
KFin Technologies IPO Key Ratios
FY 2019 | FY 2020 | |
EPS | 1.46 | 0.28 |
PE ratio | – | – |
RONW (%) | 1.72 | 0.97 |
NAV | 31.31 | 27.15 |
EBITDA (%) | 41.24 | 36.03 |
Net Debt/Equity | 0.53 | 0.91 |
FY 2021 | FY 2022 | |
EPS | (4.28) | 9.36 |
PE ratio | – | 37.07 – 39.10 |
RONW (%) | (17.07) | 29.99 |
NAV | 22.96 | 38.45 |
EBITDA (%) | 44.72 | 45.53 |
Net Debt/Equity | 0.71 | 0.00 |
Listing Performance of KFin Technologies IPO
Listed On : NSE BSE
Issue Price : ₹347 to ₹366 per share
Listing Day Close :
Listing Day Gain :
KFin Technologies IPO ISIN Code / Number
NSE : NA
ISIN CODE : INE526A01016
BSE : NA
KFin Technologies IPO Allotment Status
KFin Technologies IPO Important Dates
Opening Date | Dec 19, 2022 |
Closing Date | Dec 21, 2022 |
Basis of Allotment | Dec 26, 2022 |
Initiation of Refunds | Dec 27, 2022 |
Credit of Shares to Demat | Dec 28, 2022 |
Listing Date | Dec 29, 2022 |
KFin Technologies IPO Contact Details
Selenium, Tower B, Plot No- 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareddi – 500032, Telangana
Phone: +91 40 7961 5565
Email: compliance.corp@kfintech.com
Website: http://www.kfintech.com/
KFin Technologies IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: kfintechipo@bigshareonline.com
Website: http://www.bigshareonline.com
KFin Technologies IPO FAQ's
The KFin Technologies IPO is a BSE NSE IPO of 40 equity shares of the face value of ₹10 per share. The issue is priced at ₹347 to ₹366 per equity share.
The issue size is priced at 40,983,607 shares of ₹10 (aggregating up to ₹1,500.00 Cr). The Offer for sale priced at 40,983,607 shares of ₹10 (aggregating up to ₹1,500.00 Cr).
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The KFin Technologies IPO opens on Dec 19, 2022 and closes on Dec 21, 2022. The IPO Issue date may list on Dec 23, 2022.
KFin Technologies IPO Market lot size is 40 Shares and the minimum order quantity is 40 Shares.
The finalization of Basis of Allotment for KFin Technologies IPO will be done on Dec 26, 2022. and the allotted shares will be credited to your demat account by Dec 28, 2022. Check the KFin Technologies IPO status.
The KFin Technologies IPO listing date is on Dec 29, 2022.
KFin Technologies IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.