KFin Technologies Limited

About the company

## **How to check the KFintech** **IPO** **allotment status?** When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around three to five days after an IPO closes. This is also true in the case of the KFintech IPO. The KFintech IPO’s closing date is 21 December 2022 **.** The KFintech IPO’s allotment date has been set five days later, on 26 December 2022. Here’s a step-by-step guide on how to check the KFintech IPO allotment status: 1. Login to your Upstox account, using your six-digit PIN 1. After successfully logging in, click on ‘Discover’ 1. On the Discover page, you will find the ‘Invest in IPO’ section 1. Under the Invest in IPO section, you will find the ‘View all’ option 1. Once you click on ‘View all’, you will be directed to the ‘IPO’ tab 1. In the ‘IPO’ tab, click on ‘My applications’  1. In ‘My applications’, under the History section, your allotment status will be mentioned [ ](https://ipo.bigshareonline.com/IPO_Status.html) ## **About KFintech IPO** In 2020, the IPO of Computer Age Management Services (CAMS) received overwhelming response. The public issue of the financial services and infrastructure services provider was subscribed 34 times. And now, CAMS will soon be joined by its rival, KFintech, on the bourses. In terms of total assets under management (AUM) of mutual funds serviced, the share of CAMS and KFintech stands at 69% and 31% respectively, making it a duopolistic market. However, in terms of the number of asset management companies (AMCs) serviced, KFintech is the largest investor solutions provider. It provides services to 24 out of the 41 AMCs, thereby accounting for 59% of the market in terms of clientele. KFintech (formerly known as Karvy Fintech) is a leading technology-driven platform, providing services and solutions to the capital markets ecosystem including asset managers and corporate issuers. It also provides investor solutions (including transaction origination and processing for mutual funds and private retirement schemes) in Malaysia, Philippines and Hong Kong. KFintech IPO will be completely an offer for sale. Here are key details about the KFintech IPO: Company Name| **KFintech Limited**|  | Company Type| **Private** ---|---|---|---|--- Company Established On|**2017**| ### **Financial snapshot** **Particulars**| **FY 20**| **FY 21**| **FY 22** ---|---|---|--- **Revenue**|₹449.8 crore|₹ 481.1 crore|₹ 639.5 crore **Net profit/loss**|₹ 4.5 crore|₹ -64.5 crore|₹ 148.5 crore ---| ## **Here’s a quick look at KFintech IPO’s strengths, weakness, opportunities and risks (SWOT analysis)** ### **Strengths and opportunities** 1. Offers services to mutual funds, alternative investment funds (AIFs), wealth managers, pension and corporate issuers 1. Holds 30% market share based on the number of AIFs serviced 1. Is one of the two central record keeping agencies for the National Pension System (NPS) in India 1. Services 18 AMC clients in Malaysia and three clients in Philippines and Hong Kong  1. Asset-light business model with recurring revenue model, high operating leverage, profitability and cash generation ### **Risks and threats** 1. Mutual fund clients accounted for around 60% of the revenue on average annually in FY20, FY21 and FY22 1. Three five customers accounted for around 53% of the revenue in the FY22 1. The attrition rate, the percentage of employees who leave the company, stood at 26.7% in FY22 1. Operates in a highly regulated environment 1. Consolidation in the financial services industry could adversely affect the revenue by eliminating some of the existing and potential clients ## **KFintech IPO details** ### **** **KFintech IPO date** The offer document filed by the company with the SEBI mentions that the KFintech IPO’s opening date – in other words, the KFintech IPO launch date – will be on 19 December 2022. The KFintech IPO closing date is 21 December 2022. After this, investors will be updated about the allotment status on 26 December 2022. Investors, who have been allotted shares, can expect them to be credited in their demat account on 28 December 2022. The KFintech IPO listing date is 29 December 2022. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE. ### **** **KFintech** **IPO Price Band** The entire IPO is a book-built issue. The KFintech IPO price band has been set between ₹347 and ₹366 per share. Interested investors can choose a price within this band to apply for the IPO. The KFintech IPO listing price will be determined on 29 December 2022. The listing price is the price at which the shares of a company make their debut on the stock exchanges. ### **** **KFintech IPO Lot size** The KFintech IPO details have been declared. The KFintech IPO lot size is set at 40 shares, and an investor can apply for a minimum of 1 lot. Individual investors applying under the retail category can apply for up to 13 lots (520 shares). Meanwhile, the KFintech IPO issue size is ₹1,500 crore. ## **How to pre-apply for the KFintech** **IPO?** You can pre-apply for the KFintech IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription. Follow these steps to pre-apply for the IPO: 1. Login to your Upstox account, using your six-digit PIN 1. After successfully logging in, click on ‘Discover’ 1. On the Discover tab, you will find the ‘Invest in IPO’ section 1. Under the Invest in IPO section, look for the ‘KFintech IPO’ tab and click on it 1. Now fill in all the required information, like ‘bid price’ and ‘lot size’ 1. Confirm and click on ‘Pre-Apply’ 1. Accept the mandate on your UPI app ## **How to apply for the KFintech** **IPO?** If you are interested in this investment opportunity but unsure how to apply for the KFintech IPO, here we are listing out the steps for you. Here’s a step-by-step guide on how to apply for the KFintech IPO on Upstox: 1. Login to your Upstox account, using your six-digit PIN 1. After successfully logging in, click on ‘Discover’ 1. On the Discover tab, you will find the ‘Invest in IPO’ section 1. Under the Invest in IPO section, look for the ‘KFintech IPO’ tab and click on it 1. Now fill in all the required information, like ‘bid price’ and ‘lot size’ 1. Confirm and click on ‘Apply’ 1. Accept the mandate on your UPI app ## **Upstox – trading app to apply for the KFintech IPO** Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India. You can apply for the KFintech IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero. In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   19 Dec 2022

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   21 Dec 2022

   Last day to place your bid

3. Basis of Allotment

   Completed
   21 Dec 2022

   Share allotment finalised

4. Refund Initiation

   Completed
   27 Dec 2022

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   26 Dec 2022

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   29 Dec 2022

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.