KFin Technologies IPO GMP History
KFin Technologies IPO has been listed on December 29, 2022 at a listing price of ₹367, against the issue price of ₹366 — a gain of ₹1 (+0.27%). The GMP peaked at ₹5 on 21 December 2022 and reached a low of ₹0.91 on 19 December 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
KFin Technologies IPO raised ₹1500 Cr. through its IPO at a price band of ₹347 to ₹366 per share, with a lot size of 40 shares. The IPO was open for subscription from 19 Dec 2022 to 21 Dec 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:41 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 21 Dec 2022 | ₹ 5 | — | 1% | — | — |
| 20 Dec 2022 | ₹ 5 | ▲ | 1% | — | — |
| 19 Dec 2022 | ₹ 0.91 | — | -- | — | — |
KFin Technologies IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 19 Dec 2022
- Close 21 Dec 2022
- Allotment 26 Dec 2022
- Refund/credit 27 Dec 2022
- Listing 29 Dec 2022
KFin Technologies IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹366 |
|---|---|
| GMP-based estimate (pre-listing) | ₹371 (+1.4%) |
| Listing gain / loss | +₹1 per share |
| Listing date | 29 Dec, 2022 |
| Actual listing price | ₹367 (+0.27%) |
Is KFin Technologies IPO GMP reliable?
Grey market premium for KFin Technologies IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the KFin Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
KFin Technologies IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for KFin Technologies IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About KFin Technologies IPO
KFin Technologies Limited was incorporated as KCPL Advisory Services Private Limited on 8 June 2017. It is a technology-driven financial services platform that serves asset managers and corporate issuers across asset classes in India.
On 30 September 2022 it was India's largest investor solutions provider to Indian mutual funds by number of AMC clients, and India's largest issuer solutions provider by number of clients. It is one of the two central record-keeping agencies for the National Pension System.
It was servicing 301 funds of 192 asset managers in India on that date, and also offers transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong. Its promoter is General Atlantic Singapore Fund.
The IPO was Rs 1,500 crore and was entirely an offer for sale by the promoter, so the company received none of the money.
Frequently asked
What is the GMP of KFin Technologies IPO?
The current Grey Market Premium (GMP) of KFin Technologies IPO is ₹ 5.
What is the Kostak Price of KFin Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for KFin Technologies IPO is not available.
What is the Subject to Sauda Price of KFin Technologies IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of KFin Technologies IPO?
KFin Technologies IPO listed on December 29, 2022 at ₹367, against the issue price of ₹366 — a gain of +0.27%.
How did the GMP of KFin Technologies IPO trend before listing?
The GMP of KFin Technologies IPO was stable in its final days before listing. The GMP peaked at ₹5 on 21 December 2022. View the day-wise table above for the complete GMP history.
Explore KFin Technologies IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
