KFin Technologies IPO: If you like to invest money in IPO, then a great opportunity is coming for you. Financial services platform company KFin Technologies is going to bring its IPO (Initial Public Offering) soon. The company has informed the stock market that it is going to open its IPO on 19 December 2022. Through this IPO, the company aims to collect a total of Rs 1,500 crore from the market. If you are also planning to invest money in this IPO, then we are giving you information about the details of this IPO.
Know the details of Kefin Technologies IPO here-
Let us tell you that KFin Technologies IPO is opening on December 19, 2022. You can invest in this IPO from 19 December to 21 December 2022. At the same time, the company will open this IPO for its anchor investors from 16 December 2022 itself. This IPO of the company has been completely brought through Offer for Sale (OFS) i.e. the promoters of the company are going to sell the shares of the company. The company is not going to issue any new shares through this IPO. Shares worth Rs 1,500 crore of the company will be sold by the promoter general of the company, Atlantic Singapore Fund Pte Ltd.
Know how many shares will be allotted for which category
Let us tell you that Keffin Technologies has reserved 10 percent share for its retail investors through its IPO. At the same time, 75 percent share has been reserved for qualified institutional buyers and 15 percent for non-qualified institutional buyers. Will bring these shares in lots of 40. The price band of this IPO has been fixed between 347-366.
Know about the details related to KFin Technologies company-
Let us tell you that KFin Technologies is a global level financial services provider. The company provides solutions with mutual funds and private retirement schemes in Malaysia, Philippines and Hong Kong. This company is providing its service in 25 out of 42 mutual fund companies in the country. In such a situation, this company has captured 60 percent of the mutual fund companies in the market.