KFin Tech's Rs.1,500-Cr IPO sails through on Day 3

The INR 1,500 crore initial public offering (IPO) of Hyderabad-headquartered investor services firm KFin Technologies sailed through on the third and final day of the bidding process. The company is selling shares in the range of INR 347-366 each between December 19-21, with a lot size of 40 equity shares. The issue comprises entirely an offer for sale of about 4.1 crore equity shares by existing stakeholders (which includes PE investor, General Atlantic); ..