KFin Technologies IPO

KFin Technologies IPO, GMP, Review, Other Details: The Rs 1500 crore initial public offering (IPO) of financial services platform Kfin Technologies is ...

It also had a 40 per cent and 29 per cent market share based on the number of mainboard IPOs handled in FY22 and H1FY23, respectively. It is one of only two players of scale in India’s issuer solutions space where the company holds a 46 per cent market share based on the market capitalization of NSE 500 companies. Company is providing services to 24 out of 41 AMCs in India, representing 59 per cent of the market share based on the number of AMC clients. Based on FY22 earnings the company is valued at 41.3x P/E, and 9.7x EV/Sales. On positive note, the company is the largest investor solutions provider in India with diverse products and services base, huge market share and international presence. The firm provides services to 24 out of 41 AMCs in India, representing 59 per cent market share. KFin is servicing 301 funds of 192 asset managers in India representing 30 per cent market share based on the number of AIFs being serviced.” The applicants also must note that the cut-off time for UPI mandate acceptance is Wednesday, December 21, 2022, upto 5:00 pm, the last day of IPO bidding. The shares will be listed on both BSE and NSE. The issue opened for public subscription at 10 am and was subscribed nearly 20 per cent by 1:36 pm on the first day of bidding. Investors who wish to subscribe to KFinTech IPO can bid in a lot of 40 equity shares and multiples thereafter. “In addition, we signed on two new AMCs that are yet to launch operations as on September 30, 2022.

Successful market listings over the past few months augur well for companies looking to explore the capital markets. In this backdrop, the promoters of Kfin ...

CAMS services 65 percent of the equity AUM of mutual funds and 69 percent in total. While Kfin is a market leader in terms of the number of customers (24 fund houses), it lags behind CAMS in fund houses’ AUM share. Both CAMS and Kfin offer the same set of services with CAMS commanding a larger market share. “There are enough tailwinds for the two companies (CAMS and Kfin) for growth. Indeed, the management has listed the concentration risk in the prospectus as one of the risks that investors should be willing to take. RTAs are intermediaries that provide maintenance and management services for shares and units of mutual funds, through the use of technology.

In all, KFinTech IPO received bids for 1,29,80880 shares against the 2,37,75215 shares offered or 0.55 times.

Ahead of the IPO opening for subscription, KFin Tech has raised Rs 675 crore from anchor investors at the upper price band of Rs 366 per share. “One can subscribe for long term as it is India’s largest investor solutions provider to Indian mutual funds, based on the number of AMC clients serviced. The price band for the IPO has been fixed at Rs 347-366 a share. The book running lead managers for this IPO are KFin Tech’s Rs 1,500-crore [IPO](https://www.financialexpress.com/market/ipo-news/pine-labs-may-shift-500-m-ipo-to-india/2918661/) opened for subscription today; the bidding ends on Wednesday, 21 December 2022. [KFin Technologies IPO](https://www.financialexpress.com/market/ipo-news/kfin-technologies-ipo-opens-for-subscription-kfin-tech-ipo-gmp-falls-should-you-apply/2918980/) was subscribed more than half the total issue size at the end of Day 1 bidding, with institutions already bidding for more than 90% of their quota.

The offer received bids for 1.29 crore shares as against 2.37 crore shares on offer.

The issue opened for bidding on Monday (19 December 2022) and it will close on Wednesday (21 December 2022). It services 59% or 24 Asset Management Company (AMC) clients out of 41 AMCs in India. Globally, it also provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, Philippines and Hong Kong. The issue consists entirely of an offer for sale (OFS) to raise Rs 1,500 crore. The promoter General Atlantic Singapore Fund Pte is selling shareholder in OFS. The issue was subscribed 0.55 times.

KFin Technologies has been subscribed 0.55 times on the first day of the IPO.The company plans to raise ₹1500 crore through a complete offer for sale by ...

Its promoters are subject to ongoing investigations by enforcement agencies, including the Enforcement Directorate. One of the company’s many risks is the investigative cases on its promoters. However, Kotak and Compar are not selling their shares in the upcoming IPO. The company plans to raise ₹1,500 crore through a complete offer for sale by one of the promoters General Atlantic Singapore Fund — who will receive all the proceeds. KFin Technologies is the largest investor solutions provider to mutual funds in India. Advertisement

KFin Technologies is majority-owned by funds managed by private equity investor General Atlantic.

The company's IPO is a pure Offer For Sale (OFS). The ₹ 1,500-crore Initial Public Offer (IPO) has a price range of ₹ 347-366 a share. The initial public offer of KFin Technologies was subscribed 55 per cent on the first day of subscription on Monday.

The Rs 1500-crore IPO on first day received bids for 1,29,84840 shares against 2,37,75215 shares on offer, the NSE data showed. Get more IPO News and ...

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As per NSE data, consolidated bidding in KFin Tech by end of Day 2 stood at 1,66,01920 equity shares --- subscribing 70% of the total offered size of 2,37 ...

केफिन टेक्नोलॉजीज के लिए ग्रे मार्केट से अच्छे संकेत नहीं मिल रहे हैं।

इस कंपनी के IPO को आज भी कर सकते हैं सब्सक्राइब, जानें GMP Kfin Technologies IPO: इस कंपनी के IPO को आज भी कर सकते हैं सब्सक्राइब, निवेश से पहले चेक करें GMP [हिंदी न्यूज़](/) [बिजनेस](/business/)Kfin Technologies IPO: इस कंपनी के IPO को आज भी कर सकते हैं सब्सक्राइब, निवेश से पहले चेक करें GMP

केफिन टेक्नोलॉजीज लिमिटेड (KFin Technologies IPO) के आईपीओ को आज भी निवेशकों का जबरदस्त ...

इस बीच, रिटेल इंडिविजुअल इन्वेस्टर्स (RII) ने 31,90,280 इक्विटी शेयरों के लिए बोली लगाई. इस श्रेणी में एफआईआई ने 36,17,360 इक्विटी शेयरों के लिए बोली लगाई, जबकि अन्य निवेशकों ने 87,88,520 इक्विटी शेयरों के लिए बोली लगाई. इसके अलावा, क्वालिफाइड इंस्टीट्यूशनल बायर्स (QIB) कोटा को 1,29,68,300 इक्विटी शेयरों के आरक्षित आकार के मुकाबले 1,32,00,520 इक्विटी शेयरों की बोलियों के साथ 1.02 गुना सब्सक्रिप्शन मिला. इसका मतलब यह है कि इस आईपीओ के जरिए मिलने वाला सारा पैसा कंपनी के प्रमोटर्स और मौजूदा निवेशकों के पास जाएगा. यह पब्लिक इश्यू सोमवार को आम निवेशकों के लिए सब्सक्रिप्शन के लिए ओपन हो गया है और 21 दिसंबर यानी कल तक खुला रहेगा. NSE के आंकड़ों के अनुसार, दूसरे दिन के अंत तक केफिन टेक में इक्विटी शेयरों पर समेकित बोली 1,66,01,920.

The company plans to mobilise Rs 1500 crore via public issue. The entire issue is only an offer for sale by promoter General Atlantic Singapore Fund Pte ...

Retail investors have bought 74 percent of the portion set aside for them, while there has been muted interest from high networth individuals who have subscribed just 3 percent of their quota. The offer has garnered bids for 1.66 crore shares against IPO size of 2.37 crore shares, getting subscribed 70 percent. It also provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.

Kfin Technologies IPO: केफिन टेक का आईपीओ एंकर निवेशकों के लिए 16 दिसंबर को खुला था।

The tentative date of KFin Technologies' listing is December 29, and the shares are proposed to be listed on BSE and NSE.

At the higher price band of 366 rupees, the IPO is priced at 39x at FY22 earnings. There is only listed peer Cams trading at P/E 39x and industry average P/E is 39x. "Investors are advised to invest in this company when there is valuation comfort post listing. The brokerage stated in its analysis that it views the company's asset-light, service-based business model to be appealing from the standpoint of profit generation. It is priced in lines with leader in the industry CAMS, which is 39-times price to earnings. The issue will close on Wednesday.