KFIN TECHNOLOGIES IPO is a main-board IPO of 40983607 equity shares of face value ₹10 each aggregating up to 1500 Crores. The issue is priced at ₹347 - ₹366 per equity share. The minimum order quantity is 1 Shares.
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.
As on September 30, 2022, the company is India's largest investor solutions provider to Indian mutual funds, based on several AMC clients serviced. The company is also servicing 301 funds of 192 asset managers in India as on September 30, 2022.
As on September 30, 2022, KFin Technologies Limited is 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.
KFin Technologies Limited is one of the two operating central record-keeping agencies ("CRAs") for the National Pension System (" NPS") in India as on September 30, 2022.
KFin Technologies Limited is India's largest issuer solutions provider based on several clients serviced, as of September 30, 2022.
The company has classified its products and services in the following manner:
1. Investor solutions -(Account Setup, Transaction Origination, Redemption, Brokerage Calculations, Compliance / Regulatory Reporting Recordkeeping).
Domestic mutual funds, International, Pension services, Alternatives and wealth management.
2. Issuer solutionsÃâà(Folio Creation and Maintenance, Transaction Processing for IPO, FPO, etc. Corporate Action Processing, Compliance / Regulatory Reporting Recordkeeping MIS, Virtual Voting e-AGM, e-Vault).
3. Global business Domestic mutual services (Mortgage Services Legal Services Transfer Agency Finance and Accounting).
The company's revenue from operations for Fiscal 2022 and the six months ended September 30, 2022, was Rs 6,395.07 million and Rs 3,487.68 million, respectively.
PROMOTERS OF COMPANY |
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|---|---|---|
| DIN | Name | Designation |
| 08747512 | PRASHANT SARAN | Additional Director |
| 00397815 | KAUSHIK MAZUMDAR | Director |
| 02284165 | VISHWANATHAN MAVILA NAIR | Nominee Director |
| 06732021 | SHANTANU RASTOGI | Nominee Director |
| 08659728 | VENKATA SATYA NAGA SREEKANTH NADELLA | Director |
| 08755240 | SRINIVAS PEDDADA | Director |
| 07928470 | VIVEK NARAYAN MATHUR | CFO |
| 01542028 | ALOK CHANDRA MISRA | Additional Director |
| 08530439 | RAJAPPA RADHA | Additional Director |
| 00012214 | CHENGALATH JAYARAM | Director |
| null | FAINI JAIN | Company Secretary |
| 10213435 | CHETAN NANJI SAVLA | Nominee Director |
The company will not receive any proceeds from the Offer and all such proceeds will go to the Promoter Selling Shareholder.
| For the year/period ended (in Lakhs) | ||||||
|---|---|---|---|---|---|---|
| Mar-2019 | ₹1,021.78 | ₹164.76 | ₹8.96 | ₹519.28 | ₹406.01 | |
| Mar-2020 | ₹868.38 | ₹455.26 | ₹4.52 | ₹409.58 | ₹375.44 | |
| Mar-2021 | ₹922.61 | ₹486.20 | -64.51 | ₹346.40 | ₹346.13 | |
| Sep-2021 | ₹973.26 | ₹293.43 | ₹67.80 | ₹269.95 | ₹321.44 | |
| Mar-2022 | ₹1,026.41 | ₹645.56 | ₹148.55 | ₹644.34 | ₹122.51 | |
| Sep-2022 | ₹1,114.81 | ₹353.76 | ₹85.34 | ₹736.72 | ₹126.24 | |
| IPO IMPORTANT DATES | |
| IPO Opening Date | 19th Dec, 2022 |
| IPO Closing Date | 21st Dec, 2022 |
| Allotment Date | 26th Dec, 2022 |
| Initiation of Refunds | 27th Dec, 2022 |
| Credit to Demat Account | 28th Dec, 2022 |
| IPO Listing Date | 29th Dec, 2022 |
| IPO DETAILS | |
| Face Value | ₹10 per share |
| IPO Price | ₹347 - ₹366 per share |
| Market Lot | 40 shares |
| Min Order Quantity | 1 shares |
| Listing At | BSE, NSE |
| IPO LOT DETAILS | |||
| Application | Lots | Shares | Amount |
| Minimum | 1 | 40 | ₹14,640 |
| Maximum | 1 | 40 | ₹14,640 |
| IPO PROMOTER HOLDING | |||
| Pre Issue Share Holding | 74.37% | ||
| Post Issue Share Holding | 49.91% | ||
| IPO ISSUE DETAILS | |||
| Issue Size | 40,983,607 Eq Shares of ₹10 ( aggregating up to 1500 Cr ) |
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| Offer for Sale | 40,983,607 Eq Shares of ₹10 ( aggregating up to 1500 Cr ) |
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| IPO DETAILS | |||
| Listing Date | 29th Dec, 2022 | ||
| BSE Script Code | 543720 | ||
| NSE Symbol | KFINTECH | ||
| Listing In | B Group of Securities | ||
| ISIN | INE138Y01010 | ||
| compliance.corp@kfintech.com | |
| Address | Selenium, Tower B, Plot No- 31 & 32, Financial District, Nanakramguda, Serili, Ngampally, Rangareddi, Hyderabad, Telangana, India, 500032 |
| Website | www.kfintech.com |
| Contact | +914079615565 |
Disclaimer : This information is best of our knowledge. Some information may or may not be fully accurate