The Kfin Technologies IPO Subscription Status has started 19 December 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Kfin Technologies IPO has opened on 19 December 2022 and close on 21 December 2022. Which will be subscribed by 21 December 2022. Kfin Technologies IPO is preparing to raise ₹1500.00 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹0 Crores and Offer Sale of ₹1500.00 Crores. and Kfin Technologies IPO Price Band is Fixed ₹347 to ₹366 per share. Check Kfin Technologies IPO GMP Here.
KFin Technologies Limited is a leading technology driven financial services platform. The company providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, Philippines and Hong Kong.
Kfin Technologies IPO reserved shares in this IPO, 75% for QIB and 15% for NII, and 10% for the retail category have been reserved. To know the Kfin Technologies IPO Subscription Status, you can see the below-day Subscription. You can check to know Kfin Technologies IPO Allotment status here.
Kfin Technologies IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹148.55 Cr (March 2022) |
| Issue Price : | ₹366/ EQ (Cut Off) |
| EPS 2022 : | ₹9.44 (March 2022) |
| PE Ratio : | 38.77 (PE Approx) |
| RoNW : | 29.99% (March 2022) |
| NAV Value : | ₹38.45 (March 2022) |
| Total Assets : | ₹1,114.81 Cr (Sep 2022) |
| Market Cap : | ₹6133.02 Cr Approx |
| Promoter Holding : | 74.37% Pre Issue 49.91% Post Issue |
| Team Review : | ● The leading technology driven financial services platform. ● The PE ratio of the company is slightly high. ● The company financial performance strong Boost last financial year. ● The company cash surplus investors may consider investment for a long-term. ● The company promoter stake will decrease lower side but will hold 49.91% stake after issue which is better. ✔ Apply For Long Term |
Kfin Technologies IPO Subscription Status {Live Update} :
The total Kfin Technologies IPO Subscription Status subscribed 2.59x times so far, with QIB subscribed 4.17x and NII subscribed 0.23x times & RII 1.36x times and EMP 0.0x times on Day 3. {Update Time : 21 Dec 2022 5:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.91x | 1.02x | 4.17x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.01x ______ 0.00x 0.03x | 0.03x ______ 0.01x 0.08x | 0.23x ______ 0.25x 0.20x |
| RII : | 0.26x | 0.74x | 1.36x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.55x | 0.70x | 2.59x |
Kfin Technologies IPO Net Shares Offered:
Kfin Technologies IPO is a public issue of 23,775,215 equity shares. The issue offers 12,968,300 shares to qualified institutional buyers, 6,484,149 shares to non-institutional investors, and 4,322,766 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 12,968,300 | 474.64 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 6,484,149 ______________ 4,322,766 2,161,383 | 237.32 Cr _______ 158.21 Cr 79.11 Cr |
| RII : | 4,322,766 | 158.21 Cr |
| Total : | 23,775,215 | 870.17 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Kfin Technologies IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 19 December 2022 |
| IPO Close : | 21 December 2022 |
| IPO Size : | ₹1500.00 Cr {40,983,606 Shares} |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹347–₹366 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1500.00 Cr {40,983,606 Shares} |
| Fresh Issue : | ₹-. Cr |
| Offer For Sale : | ₹1500.00 Cr {40,983,606 Shares} |
Kfin Technologies IPO Market Lot :
Kfin Technologies IPO Minimum Market lot is 1 Lot with 40 shares with ₹14,640 Application amount. The retail investors can apply up to 13 lots with 520 Shares or ₹190,320 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 40 | ₹14,640 |
| Retail Maximum : | 13 | 520 | ₹190,320 |
| S-HNI Minimum : | 14 | 560 | ₹204,960 |
| B- HNI Minimum : | 69 | 2760 | ₹1,010,160 |
Kfin Technologies IPO Dates :
Kfin Technologies IPO Date is 19 December 2022 and close on 21 December 2022. The allotment will be finalized on 21 December 2022 and the IPO may list on 29 December 2022.
| Open Date : | 19 December 2022 |
| Close Date : | 21 December 2022 |
| Allotment Date : | 26 December 2022 |
| Refund Date : | 27 December 2022 |
| Share Credit Date : | 28 December 2022 |
| Listing Date : | 29 December 2022 |
Kfin Technologies IPO Subscription Status FAQs :
How much was the total Kfin Technologies IPO Subscription Status?
The total Kfin Technologies IPO Subscription Status 0.0x times Day 1.
What is the Kfin Technologies IPO retail subscription Status?
Kfin Technologies IPO Retail Subscription 0.0x times Day 1.
How much is the Kfin Technologies IPO QIB subscription Status?
The Kfin Technologies IPO QIB subscription 0.0x times Day 1.
How much did Kfin Technologies IPO NII subscribe?
Kfin Technologies IPO NII Subscription 0.0x times Day 1.
What is Kfin Technologies IPO Allotment Date?
Kfin Technologies IPO allotment date is 26 December 2022.
What is Kfin Technologies IPO Listing Date?
Kfin Technologies IPO listing date is 29 December 2022. The IPO to list on NSE, BSE.
How to Apply the Kfin Technologies IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Kfin Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Kfin Technologies IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Kfin Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Kfin Technologies IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Kfin Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Kfin Technologies IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Kfin Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Kfin Technologies IPO GMP: Click Here Kfin Technologies IPO Details: Click Here Kfin Technologies IPO Allotment: Click Here Kfin Technologies IPO Listing: Click Here |
All Kfin Technologies IPO-related links are available here. If you want to know the details then click on Click Here Link.
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