KFinTech IPO subscription status started on Monday December 19, 2022 and will close on December 21, 2022. KFinTech IPO to raise around ₹1500 crores via IPO. The retail quota is 10%, QIB is 75%, and NII is 15%. The price band is fixed at ₹347 to ₹366 per equity share.
The KFin Technologies IPO minimum market lot is 40 shares with ₹14,640 application amount. The retail investors can apply up-to 13 lots with 560 shares or ₹190,320 amount. The IPO to list on BSE and NSE.
KFin Technologies Limited is one of the largest registrars and a market leader, servicing over 90 million investor accounts spread over 1300 issuers including banks, PSUs, and mutual funds. They serve the mission-critical needs of asset managers with clients spanning mutual funds, AIFs (alternative investments), pension, wealth managers, and corporates in India and abroad.
IPOWatch View
We recommend investors may apply an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the KFinTech IPO allotment status here.
KFinTech IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.91 | 1.02 | 4.17 |
| NII | 0.01 | 0.03 | 0.23 |
| RII | 0.26 | 0..74 | 1.36 |
| Total | 0.55 | 0.70 | 2.59 |
KFinTech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
KFinTech IPO Review
- May Apply
KFinTech IPO Date & Price Band
| IPO Open: | December 19, 2022 |
| IPO Close: | December 21, 2022 |
| IPO Size: | Approx ₹1500 Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx ₹1500 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹347 to ₹366 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
KFinTech IPO Market Lot
| Application | Lot Size | 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 | ₹10,10,160 |
KFinTech IPO Subscription Dates
| Price Band Announcement: | December 13, 2022 |
| Anchor Investors Allotment: | December 16, 2022 |
| IPO Open Date: | December 19, 2022 |
| IPO Close Date: | December 21, 2022 |
| Basis of Allotment: | December 26, 2022 |
| Refunds: | December 27, 2022 |
| Credit to Demat Account: | December 28, 2022 |
| KFin Technologies IPO Listing Date: | December 29, 2022 |
KFinTech IPO Form
How to apply for the KFinTech IPO? You can apply for KFinTech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the KFinTech IPO in the Invest section. The other option is you can apply for KFinTech IPO via IPO forms downloaded via BSE and NSE. Check out the KFinTech forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
