Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 19, 2022

KFin Technologies IPO - Well Positioned In Asset Servicing Platform Business: ICICI Direct

KFin Technologies IPO - Well Positioned In Asset Servicing Platform Business: ICICI Direct
A trader looking at stock data. (Photo: Adam Nowakowski/ Source: Unsplash

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

ICICI Direct's IPO Report

As on September 30, 2022, KFin Technologies Ltd. is India's largest investor solutions provider (based on number of asset management company clients serviced) servicing 24 out of 41 AMCs in India, representing 59% of market share based on number of AMC clients.

KFin is servicing 301 funds of 192 asset managers in India as on September 2022, representing 30% market share based on number of alternative investment funds serviced.

As on September 30, 2022, KFin is the only investor and issuer solution provider in India that offers services to domestic asset managers, corporate issuers in India and services overseas clients in South East Asia and Hong Kong.

KFin is one of the three operating central record keeping agencies for the National Pension System in India.

As per a Crisil Report, the Indian MF industry's AUM is projected to grow at ~14% compound annual growth rate and AIF industry to grow at 27-29% CAGR in FY22-27. The company is aiming for acquisitions to expand its platform, services and acquire new clients to drive accelerated growth by leveraging its market access.

KFin's value added services have helped to increase wallet share with existing clients. Thus, the company intends to further deepen client relationship by offering multiple platform solutions.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search