 "ipo")
The Rs 1,500-crore initial public offering (IPO) of Kfin Technologies opened for subscription on Monday, December 19, and will close on Wednesday, December 21. With complete offer for sale (OFS), shares of this financial services platform are priced in the range of Rs 347-366 apiece.
While 75 per cent of the issue is reserved for qualified institutional buyers (QIBs), 15 per cent, and 10 per cent is reserved for non-institutional buyers (NIBs), and retail investors, respectively. The net proceeds of the issue will be utilized to carry out OFS by the promoter selling shareholder and general corporate purposes.
Kfin Technologies
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