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KFin Technologies IPO subscribed fully on last day of offer

21 Dec 2022 , 04:20 PM

The initial public offer of KFin Technologies will be closing on December 21. The IPO was opened for subscription on December 19. The company sells its shares in the range of Rs 347-366 apiece.

As of 4:00 pm, the issue has been fully subscribed 2.58 times with retail category booked 1.32 times, QIBs by 4.17 times and NIIs 0.23 times, BSE data showed.

The Rs 1500 crore IPO is fully an offer for sale and the company will not receive any net proceeds from the issue. Currently, the promoter and promoter group hold a 74.37% in the company. 

The company will allot its shares on December 26 and the shares expected to list on BSE and NSE on December 29.

Related Tags

  • IPO
  • IPO closing date
  • IPO subscription details
  • KFin Tech
  • KFin Tech IPO
  • KFin Tech IPO subscription details
  • Kfin Technologies IPO
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