KFin Technologies Limited proposes to open on Monday, December 19, 2022, its initial public offering through offer for sale of equity shares with face value of ₹ 10 each. The Offer for Sale comprises of Equity Shares for an amount aggregating up to ₹15,000 million by General Atlantic Singapore Fund PTE. Ltd. The Offer will close on Wednesday, December 21, 2022. The Price Band of the Offer has been fixed at ₹ 347 to ₹ 366 per Equity Share. Bids can be made for a minimum of 40 Equity Shares and in multiples of 40 Equity Shares thereafter.
- Issue Opens on: Monday, December 19, 2022
- Issue Closes on: Wednesday, December 21, 2022
- Price Band: ₹347 to ₹366 per Equity Share
- Face Value: Rs 10 per equity share
- Minimum Bid: 40 Equity Shares and in multiples
KFin Technologies Limited is a leading technology driven financial services platform provides 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. The Company provides several critically important services to the Indian capital markets ecosystem. Its clients utilize their platform for different service offerings for a substantial part of their operational requirements. It provides a wide array of investor and issuer solutions including omni-channel transaction origination and processing, channel management, which is mapping of mutual fund schemes of AMCs to distributors selected by the AMCs and related distributor management, including brokerage computation and channel servicing which includes brokerage pay-out, query solution and GST compliance assistance, customer on boarding with integrated KYC, unit allocation and redemption, reporting and compliance checks on a real time basis. The Company also offers asset-servicing products including a distributor platform, an investor platform, and an online transaction platform together with data analytics.