KFin Technologies Share Price Live

KFin Technologies Ltd. was originally incorporated as KCPL Advisory Services Private Limited' by the RoC on June 8, 2017. The Board of Company approved the change in the name of Company to Karvy Fintech Private Limited' dated July 22, 2017. The Board of Company approved change in name from Karvy Fintech Private Limited' to KFin Technologies Private Limited' through their resolution dated November 25, 2019. The Board of Company approved conversion of the Company from a Private Limited Company' to a Public Limited Company' dated January 8, 2022. Pursuant to conversion of the Company into a Public Limited, name of Company was changed from KFin Technologies Private Limited' to KFin Technologies Limited', and a fresh Certificate of Incorporation on February 24, 2022, was issued by the RoC. The Company is a leading technology driven financial services platform providing comprehensive services and solutions to capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, Philippines and Hong Kong. It provide several critically important services to Indian capital markets and a wide array of investor and issuer solutions including omnichannel transaction origination and processing, channel management, which is mapping of mutual fund schemes of AMCs to distributors selected by the AMCs and related distributor management, including brokerage computation and channel servicing which includes brokerage pay-out, query solution and GST compliance assistance, customer on boarding with integrated KYC, unit allocation and redemption, reporting and compliance checks on a real time basis. Apart from these, it offer asset servicing products including a distributor platform, an investor platform, and an online transaction platform together with data analytics. Their technology products, solutions and platforms help the clients to focus on their core business functions such as investment management and sales and marketing functions whilst entrusting bulk of operational front office, middle office and back office activities to their platform. It offer these services primarily as turnkey solutions by combining digital products along with requisite solutions to ensure that the platform provides end- to-end operations support to clients. It constantly enhance by adding new products and solutions such as digital customer acquisition tools as well as data analytics services. The Company provide offerings such as platform as a service (PAAS) and use technology to create products and platforms that eliminate manual intervention, improve the accuracy of transaction proceeding and reduce cost by eliminating the manpower needs in conducting day to day business. For example, it has jointly developed IQBOT', an advanced intelligent character recognition (ICR) program which is used to eliminate the manual data processing of the physical mutual fund applications at the AMCs' and branches and, through minimal customization, it can be deployed in industries beyond asset management. A Scheme of Amalgamation was filed before the NCLT, Hyderabad, between Karvy Consultants Limited (KC'), Karvy Computershare Private Limited (KCPL), the Company (formerly known as Karvy Fintech Private Limited) for the demerger of all the assets and liabilities pertaining to the RTA business of KCL (Demerged Undertaking) into the Company on a going concern basis; and amalgamation of KCPL into Company and consequent dissolution of KCPL without winding up. The NCLT, Hyderabad, sanctioned and confirmed the Scheme of Amalgamation pursuant to an Order dated October 23, 2018, which was effective from November 17, 2018. The Company came out with a Public Issue during December, 2022 by raising Rs. 1500 crores through Offer for Sale.