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KFin Tech IPO

KFin Technologies Ltd.

KFin Tech IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
To be announced------
Issue SizeIPO Doc
2400.00Cr
DRHP PDF

About KFin Tech

KFin Technologies is one of the leading registrars in India. The company, through its financial services platform, provi
Parent Organisation
KFin Technologies Ltd.
Founded
2017
Managing Director
NA

Strengths & Risks

  • The company enjoys market leadership positions across a number of different parameters in its business.
  • One of the two leading investor solutions providers in India as on January 31, 2022, as per a report by CRISIL.
  • Services to 25 out of 42 AMCs in India, as on January 31, 2022, representing 60% of the market share based on the number of AMC clients.
  • The company’s mutual fund SIP inflows have improved considerably post the impact of the pandemic with SIP inflows of Rs 48.52 crore for the month of December 31, 2021.
  • Diverse multi-asset servicing platform that could benefit from growth across large markets in India and Southeast Asia.
  • Platform-as-a-service business model providing comprehensive end-to-end solutions.
  • Long-standing client relationships with minimal client loss over the years.
  • Around 43% market share based on the market capitalization of NSE 500 companies in India’s issuer solutions space.
  • Within domestic mutual fund solutions, the total assets under management of mutual funds clients serviced by the company witnessed a CAGR of 22% between March 2019 and December 2021.
  • Any decline in the Average Assets Under Management (AAUM) of the mutual funds managed by the company’s clients can have a significant impact on its revenue and profits.
  • Dependence on a limited number of customers for a significant portion of revenue.
  • Outstanding legal proceedings involving the company
  • The company in the past received an order from the Enforcement Directorate under which certain of its shareholders were instructed not to alienate/ sell/ transfer/ create any lien/ liability in respect to equity shares representing around 14.12% of the company.
  • The company has also received other directions and orders from the ED - any non-compliance can have an impact on the business.
  • The company offers a range of solutions and services in a number of jurisdictions outside India - exposing it to potential risks of operating in multiple countries.
  • The company has historically experienced seasonal fluctuations in its issuer solutions business as clients generally take corporate actions in the second quarter.
  • The company plans to expand its platform and services - this may divert the management’s attention and/or result in additional dilution to its shareholders.
  • As of December 31, 2021, the company conducted its operations through 183 branches, all of which have been taken on a lease basis.
  • The company has in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with its shareholders.
  • The company’s promoter will be able to exercise significant influence and control over the company after this offer and may have interests that are different from those of the other shareholders.
  • Negative cash flows from investing and financing activities in some of the years/periods during Fiscals 2019, 2020, and 2021 and nine months ended December 31, 2020, and 2021.

Top IPO FAQs

What is the issue size of Kfin Tech IPO?

Kfin Tech IPO issue size is Rs 2400 crore.

What is 'pre-apply' for Kfin Tech IPO?

Pre-apply will alow you to apply for the Kfin Tech IPO 2 days before the subscription period starts.

If I pre-apply for Kfin Tech IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Kfin Tech IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Kfin Tech IPO order is placed?

We will notify you when your Kfin Tech IPO order is placed with the exchange.

What are the open and close dates of the for Kfin Tech IPO?

Kfin Tech IPO dates have not been announced yet.

What is the lot size and minimum order quantity of the Kfin Tech IPO?

Kfin Tech IPO price band has not been announced yet.

What are the allotment dates for the Kfin Tech IPO?

Kfin Tech IPO allotment date has not been announced yet. For KFintech IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Kfin Tech IPO?

Kfin Tech IPO registrar is Bigshare Services Private Ltd. You can check KFintech IPO allotment status on the website of the registrar.

Where is the Kfin Tech IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.
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