Here, you can find information about the KFin Technologies IPO GMP, Lot Size, Allotment Date, and Status. Find out when you can invest by reading on. This month, the KFin Technologies IPO GMP will start, and you can find all the information you need in the next piece.
What is KFin Technologies IPO GMP?
KFin Technologies is a company that uses technology to offer a portal for banking services. They help mutual funds, alternative investment funds, pension fund managers, and wealth managers with services and solutions. The company is making KFin Technologies IPO GMP available to people who want to buy.
The IPO will be open for three days, so it’s important to do your study and decide quickly. Below, you can find the times and other information.
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KFin Technologies IPO Lot Size
According to the news, the KFin Technologies IPO Lot Size is 40 shares. Before making any choice about the investment, the buyers should get help from the experts.
| Particulars | Details |
| IPO Dates | December 19, 2022, to December 21, 2022 |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Lot Size | 40 Shares |
| Issue Size | 40,983,607 shares of ₹10 (aggregating up to ₹1,500.00 Cr) |
| Offer for Sale | 40,983,607 shares of ₹10 (aggregating up to ₹1,500.00 Cr) |
| Face Value | ₹10 per share |
| Price | ₹347 to ₹366 per share |
| QIB Shares Offered | Not less than 75% of the Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| KFin Company Promoters | General Atlantic Singapore Fund Pte. Limited. Is the company promoter. |
The company’s lot size is always a multiple of 20. So, KFin Technologies put in for a lot size of 40 shares. SEBI rules say that each investor who has applied is given a certain number of lots.
KFin Technologies IPO Allotment Date
The third week of December will be when KFin Technologies gives out its IPO shares. The company itself says when it will open and when it will close. The company doesn’t promise how much money will be made after the investment.
| Event | Probable Dates |
| Opening Date | December 19, 2022 |
| Closing Date | December 21, 2022 |
| The Credit of Shares to Demat | December 28, 2022 |
| Listing Date | December 29, 2022 |
| Basis of Allotment | December 26, 2022 |
| Initiation of Refunds | December 27, 2022 |
Remember the times above and do what you need to do. The date of allotment is written on the allotment paper that the company gives out.
KFin Technologies IPO Status
Checking the KFin Technologies IPO Status is easy and only takes a few steps. You can go to the website of the registrar (like Karvy, Linkintime, etc.) to find out how the IPO Allotment is going. Since Bigshare Services Pvt. Ltd. is the KFin Technologies Registrar, you should look at their website.
They have also given a phone line where people can ask questions. The KFin Technologies IPO allotment status will tell you how many shares each investor was given in an IPO, which stands for “initial public offering.” When the allotment is done, investors will be notified by mail and SMS from NSE, CDSL, BSE, and other similar sources.
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On the fourth day, refunds start, and on the fifth day, shares are added to your Demat account. To find out more, go to the official KFin Technologies website and read the official letter from the company.
To access the official website, please Click on the provided link. Thank you for visiting our website at tmcassam.org.