KFin Technologies IPO subscribed 55% on day 1

Source: businessinsider.in businessinsider.in

Key Topics in this News Article:

News Snapshot:

KFin Technologies has been subscribed 0.55 times on the first day of the IPO. The company plans to raise ₹1,500 crore through a complete offer for sale by promoter General Atlantic Singapore Fund. The price band of the IPO is set at ₹347-366 per share. Advertisement Category of investors Subscription status Qualified institutional buyers 0.91 times Non institutional investors 0.01 times Retail 0.26 times Overall 0.55 times Advertisement Advertisement The initial public offering of KFin Technologies, a leading technology-driven financial services platform has been subscribed 0.55 times on the first of the IPO, which will be live till December 21.KFin...