The KFinTech IPO allotment status is now a crucial point of interest for investors who participated in the subscription. Below is a simplified guide to understanding the IPO’s details, timelines, and steps to check your allotment status.
IPO Overview
KFin Technologies Limited, a leading technology-driven financial services provider, opened its IPO from December 19 to December 21, 2022. Here are the critical details:
| Parameter | Details |
|---|---|
| Price Band | ₹347 to ₹366 per share |
| Face Value | ₹10 per share |
| Issue Size | 4,09,83,607 shares (₹1,500 Crores) |
| Lot Size | 40 shares (₹14,640 application) |
| Listing Exchanges | BSE, NSE |
| Issue Type | Book Built Issue (Offer for Sale) |
Key Dates to Remember
- IPO Open/Close: December 19–21, 2022
- Allotment Finalization: December 26, 2022
- Refunds Initiation: December 27, 2022
- Demat Credit: December 28, 2022
- Listing Date: December 29, 2022
Subscription Highlights
The IPO received moderate investor interest:
- Retail Investors: 1.36x subscribed
- Qualified Institutional Buyers (QIB): 4.17x subscribed
- Non-Institutional Investors (NII): 0.23x subscribed
- Total Subscription: 2.59x
How to Check Allotment Status
Investors can verify their KFinTech IPO allotment status starting December 26, 2022 through these platforms:
1. Registrar Portal (KFin Technologies)
- Visit the official KFin Technologies IPO status page.
- Select KFinTech IPO from the list.
- Enter PAN, Demat, or Application Number.
- Submit captcha and click “View Status”.
2. BSE Website
- Go to BSE Allotment Page.
- Select Equity > KFinTech IPO.
- Enter Application Number and PAN.
- Click “Search” to view status.
3. NSE Website
- Visit NSE Allotment Page.
- Pick KFinTech IPO from the dropdown.
- Fill in Application Number, PAN, and captcha.
- Click “Search” for details.
Post-Allotment Steps
- Shares Credited: Successful applicants will see shares in their Demat accounts by December 28, 2022.
- Refunds: Unsuccessful applicants get refunds by the same date.
- Listing Day: Shares will debut on BSE and NSE on December 29, 2022.
Promoter Holding Details
- Pre-Issue Promoter Holding: 74.37%
- Post-Issue Promoter Holding: 49.91%
Final Notes
KFinTech’s IPO saw steady demand, particularly from institutional investors. Investors must check their allotment status promptly and prepare for listing day. For more details, refer to the official DRHP or RHP documents.
