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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the KFin Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹366
Per ShareLot Size
40 Shares
Minimum Investment
₹14,640
Issue Size
₹1,500 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
73.41%
Issue Type
Book Building
ISIN
INE138Y01010
KFin Technologies Limited is a leading technology driven financial services platform 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.
Technology is expected to play a pivotal role in taking the financial sector to the next level of growth, by helping to surmount challenges stemming from India's vast geography, which makes physical footprints in smaller locations commercially unviable. Technology is conducive for India, considering its demographic structure where the median age is 28 years.
KFin Technologies Limited was originally incorporated under the Companies Act, 2013 as `KCPL Advisory Services Private Limited' and was granted a certificate of incorporation by the RoC on June 8, 2017. The Board of the Company approved the change in the name of the Company from `KCPL Advisory Services Private Limited' to `Karvy Fintech Private Limited' by their resolution dated July 22, 2017, which was thereafter approved by the Shareholders of the Company through their resolution dated July 24, 2017, and a fresh certificate of incorporation, under the Companies Act, 2013, was issued by the RoC on August 10, 2017. The Board of the Company approved the change in the name of the Company from `Karvy Fintech Private Limited' to `KFin Technologies Private Limited' through their resolution dated November 25, 2019, which was thereafter approved by the Shareholders of the Company through their resolution dated November 30, 2019 and a fresh certificate of incorporation, under the Companies Act, 2013, was issued by the RoC on December 5, 2019. The Board of the Company approved the conversion of the Company from a `private limited company' to a `public limited company' through their resolution dated January 8, 2022, which was thereafter approved by the Shareholders of the Company through their resolution dated January 28, 2022. Pursuant to the conversion of the Company into a public limited company, the name of the Company was changed from `KFin Technologies Private Limited' to `KFin Technologies Limited', and a fresh certificate of incorporation dated February 24, 2022, was issued by the RoC.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial Public Offering of 40,983,606 equity shares* of face value of Rs. 10 each ("equity shares") of KFin Technologies Ltd ("company" or "the company" or "the issuer") for cash at a price of Rs. 366 per equity share (including share premium of Rs. 356 per equity share) (the "offer price") aggregating to Rs. 1500 Crores* (the "offer") comprising of an offer for sale of 40,983,606 equity shares* aggregating to Rs. 1500 Crores* ("offer for sale") by General Atlantic Singapore Fund Pte Ltd (the "promoter selling shareholder"). The offer constitutes 24.46% of the post-offer paid up equity share capital of the company. The face value of the equity share is Rs.10 each and the offer price is 36.60 times the face value of equity shares. *Subject to Finalization of Basis of Allotment
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
270 funds of 157 asset managers in India as on January 31, 2022, representing 32% market share based on number of alternative investment funds ("AIFs") being serviced. One of the two operating central record keeping agencies ("CRAs") for the National Pension System ("NPS") in India. The Company is servicing 16 AMC clients in Malaysia in addition to three clients in Philippines and Hong Kong.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.