IPO Guru
Bajaj
Listed Mainboard

KFin Technologies IPO Subscription Status

KFin Technologies IPO was subscribed 2.73 times when bidding closed on 21 Dec 2022: QIB 4.4x, NII 0.25x, Retail 1.44x.

The KFin Technologies IPO has been subscribed 2.73x times overall. Retail investors have shown interest with bids for 1.44x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.25x. Within NII, Big HNI (B-HNI) subscribed 0.27x and Small HNI (S-HNI) subscribed 0.21x. Qualified Institutional Buyers (QIBs) have subscribed 4.4x. Data last updated on 10 Nov, 11:41 AM.

The IPO subscription period has ended. The issue opened on 19 Dec, 2022 and closes on 21 Dec, 2022. The shares are expected to list on stock exchanges on 29 Dec, 2022.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:41 AM
Category Bid details Times
QIB - of - - 4.4x
NII - of - - 0.25x
bHNI — bid amount above ₹10 Lakh
- - 0.27
sHNI — bid amount ₹2–10 Lakh
- - 0.21
Retail - of - - 1.44x
TOTAL - - 2.73x
Advertisement

KFin Technologies IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
2 out of 3
~69.4% chance per PAN — based on 1.44x subscription. Winners get exactly 1 lot (₹14,640) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
Full allotment
0.21x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.27x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
4.4x
Proportionate allotment — at 4.4x, institutions receive ~22.7% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 69.4% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
21 Dec 2022
Day 3
2.73x ▼
QIB4.4x BHNI0.27x SHNI0.21x Retail1.44x
20 Dec 2022
Day 2
0.7x ▼
QIB1.02x BHNI0.01x SHNI0.08x Retail0.74x
19 Dec 2022
Day 1
0.55x ▼
QIB0.91x BHNI- SHNI0.03x Retail0.26x

KFin Technologies IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 19 Dec 2022
  2. Close 21 Dec 2022
  3. Allotment 26 Dec 2022
  4. Refund/credit 27 Dec 2022
  5. Listing 29 Dec 2022

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of KFin Technologies IPO?

As of IPO close date (21 Dec, 2022), the KFin Technologies IPO is subscribed 2.73x times. Retail category is 1.44x, and NII is 0.25x subscribed.

When is the allotment date for KFin Technologies IPO?

The allotment for KFin Technologies IPO is expected to be finalized on 26 December, 2022.

What is the GMP of KFin Technologies?

The Grey Market Premium (GMP) for KFin Technologies is currently ₹5, indicating a potential listing gain of 1%.

When will KFin Technologies IPO list on the stock market?

KFin Technologies is scheduled to list on BSE and NSE on 29 December, 2022.

What are the chances of getting allotment in KFin Technologies IPO?

The retail category is oversubscribed at 1.44x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 4.4x mean for KFin Technologies IPO?

Moderate — QIBs have subscribed 4.4x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check KFin Technologies IPO allotment status?

After the allotment date (26 Dec, 2022), you can check your KFin Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore KFin Technologies IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
2.73x
QIB
4.4x
NII
0.25x
bHNI
0.27x
sHNI
0.21x
Retail
1.44x
Full IPO details
Advertisement