KFin Technologies gets SEBI`s nod to raise Rs 2,400 crore via IPO
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KFin Technologies has received the Securities and Exchange Board of India’s (SEBI) approval to raise Rs 2400 crore through an initial public offering (IPO).
ICICI Securities, Kotak Mahindra Capital Company, JP Morgan India, IIFL Securities and Jefferies India are the book running lead managers to the issue. The equity shares of the company are proposed to be listed on BSE as well as NSE.
KFin Technologies provides services and solutions to intermediaries operating in the capital market ecosystem such as mutual funds (MF), alternative investment funds and wealth management firms.
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