KFin Technologies to launch IPO worth Rs 1,500 crore today, details here

Technology-driven financial services giant KFin Technologies is all set to launch its initial public offering (IPO) today, 19 December. The three-day issue will close on 21 December. The price band of the KFin Technologies' IPO has been set by the company's promoters at Rs 347 to 366 per equity with a minimum lot size of 40 shares. While the allocation of the proposed shares will be done on 26 December, the issue will go public on 29 December following its listing on the Indian stock exchanges- BSE and NSE. The issue's merchant bankers include ICICI Securities, Kotak Mahindra Capital Company,…