 "ipo")
The initial public offering (IPO) of KFin technologies was subscribed to 2.6 times on Wednesday, the concluding day of the issue. The institutional investors subscribed 4.2 times, the high net worth individuals portion subscribed 23 per cent and the retail investor portion by 1.3 times.
The company had earlier allotted Rs 675 crore to 44 anchor investors. KFin Technologies first considered launching a Rs 2,400-crore IPO but reduced the issue size to Rs 1,500 crore to align with market conditions.
The IPO was an offer for sale by General Atlantic Singapore Fund PTE. KFin had priced the IPO between Rs
