The leading technology driven financial services company Kfin Technologies IPO will be hit the market 19 December 2022 and close on 21 December 2022. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹1500 crore through IPO. The company will issue only OFS issue through this IPO and will issue shares through offer for sale of ₹1500 crores.
The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.
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. You can check to know Kfin Technologies IPO GMP here.
| Read also: Upcoming IPO List 2022 |
- As on January 31, 2022, Kfin Technologies is an India’s largest investor solutions provider to Indian mutual funds, based on number of AMC clients serviced. The company is providing services to 25 out of 42 AMCs in India, as on January 31, 2022, representing 60% of market share based on the number of AMC clients.
- As on January 31, 2022, Kfin Technologies 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, besides servicing overseas clients in South East Asia and Hong Kong.
- The company is servicing 270 funds of 157 asset managers in India as on January 31, 2022, representing 32% market share based on number of AIFs being serviced.
- The company is one of the two operating central record keeping agencies (“CRAs”) for the National Pension System (“NPS”) in India as on January 31, 2022.
The company Investor solutions for non-mutual fund asset classes such as alternative investments funds, we serve 270 funds for 157 asset managers as on January 31, 2022. The company provide a variety of services to these asset managers and advisors, including registry and transfer agency services, stamp duty services, fund accounting, customer communication management and compliance and regulatory reporting. you can check to know Kfin Technologies IPO Subscription Status here.
The company Issuer solutions provide a comprehensive set of corporate registry services including investor folio creation and maintenance, transaction processing for various corporate events and issues including initial public offerings, follow on public offerings, dividends, buybacks, rights issue and bonus issues, along with various compliance related reporting requirements and recordkeeping. The company also provide various VAS and products to these issuers. You can check to know Kfin Technologies IPO Allotment status here.
The company global business services business manage a global ‘center of excellence’ for a large global mortgage and issuer services provider. The company provide global business services such as mortgage services, legal services, transfer agency services and finance and accounting services on a fully outsourced basis by leveraging our technology and execution skills as well as India’s low-cost advantage.
Object Of the Issue :
- The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds selling shareholder.
Company Strengths :
- Scaled platform with strong track record of growth and market leadership.
- Our diverse multi-asset servicing platform is well-positioned to benefit from strong growth across large markets in India and South East Asia.
- Unique “platform-as-a-service” business model providing comprehensive end-to-end solutions enabled by technology solutions developed in-house.
- Deeply entrenched, long-standing client relationships with a diversified and expanding client base.
- Asset-light business model with recurring revenue model, high operating leverage, profitability and cash generation.
- Experienced management team, backed by a strong board and marquee shareholders, along with strong culture of compliance.
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 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 Shares Offer :
A Total of 40,983,606 shares are to be bid for the public issue by Kfin Technologies IPO with – for Fresh issue and 40,983,606 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹- |
| Offer For Sale : | 40,983,606 | ₹1500.00 Cr |
| Total : | 40,983,606 | ₹1500.00 Cr |
Kfin Technologies IPO Reservation :
Kfin Technologies IPO Total Reservation of 40,983,606 shares are to be bid for the public issue by Kfin Technologies IPO with 30,737,705 for QIB and 6,147,541 for NII 40,98,360 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 30,737,705 | ₹1125.00 Cr |
| NII : | 15% | 6,147,541 | ₹225.00 Cr |
| RII : | 10% | 40,98,360 | ₹145.00 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 40,983,606 | ₹1500.00 Cr |
Kfin Technologies IPO EPS & RoNW :
The Kfin Technologies company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
| 2022 | ₹9.44 | 29.99% |
| 2021 | ₹-4.28 | -18.62% |
| 2020 | ₹0.28 | 1.10% |
Kfin Technologies IPO Peer Comparison PE :
The Kfin Technologies, According to DRHP of the company only one company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | CAMS Limited | 55.15 |
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 Form :
There are two ways to apply in Kfin Technologies IPO. You can apply for Kfin Technologies IPO through ASBA available in your bank account. You have to go to your online bank login and select Kfin Technologies IPO in the Invest section and apply through your bank account. Another option is you can apply for Kfin Technologies IPO through IPO form download through NSE and BSE. See the Kfin Technologies IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Kfin Technologies Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹6,455.64 | ₹4,415.64 | ₹1,485.49 |
| 2021 | ₹4,861.98 | ₹4,186.90 | ₹-645.07 |
| 2020 | ₹4,552.65 | ₹4,367.58 | ₹45.23 |
| 2019 | ₹1,647.55 | ₹1,508.93 | ₹89.55 |
Company Promoters :
■ Vishwanathan Mavila Nair
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Kfin Technologies IPO Lead Managers :
■ Kotak Mahindra Capital Company Limited
■ ICICI Securities Limited
■ J.P. Morgan India Private Limited
■ IIFL Securities Limited
■ Jefferies India Private Limited
Kfin Technologies IPO Registrar :
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building
Opp. Oasis, Makwana Road, Marol,
Andheri East, Mumbai – 400 059
Telephone no.: +91 022 62638200
E-mail: [email protected]
Investor Grievance e-mail: [email protected]
Website: www.bigshareonline.com
Note: Check Kfin Technologies IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
KFin Technologies Limited
Selenium, Tower-B,
Plot No 31 & 32
Financial District, Nanakramguda
Serilingampally, Hyderabad
Hyderabad, Rangareddi – 500032,
Telangana, India
Telephone no.: +91 40 7961 5565
E-mail: [email protected]
Website: www.kfintech.com
Kfin Technologies IPO FAQs :
What is Kfin Technologies IPO?
Kfin Technologies IPO is Mainboard IPO. They are going to raise ₹1500.00 Crores via IPO. The issue is priced at ₹347-₹366 per equity share. The IPO is to be listed on NSE, BSE.
When Kfin Technologies IPO will open?
The IPO is to open on 19 Dec – 21 Dec for QIB, NII & RII.
What is Kfin Technologies IPO Size?
Kfin Technologies IPO size is ₹15000.00 Crores.
What is the Fresh issue size of Kfin Technologies IPO?
The Fresh issue size of Kfin Technologies IPO ₹- Cr.
What is the Offer For Sale size of Kfin Technologies IPO?
The Offer For Sale size of Kfin Technologies IPO ₹1500.00 Cr.
What is Kfin Technologies IPO Price Band?
Kfin Technologies IPO Price Band is ₹347-₹366 Per share.
What is Kfin Technologies IPO Minimum and Maximum Lot Size?
The minimum 40 Shares with ₹14,640 amount while the maximum 520 shares with ₹190,320.
What is Kfin Technologies IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
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.
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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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