Plugin

Advertisement

KFin Technologies: KFin MF is suitable for riding the wave, but for high risk investors. | Jobs Vox

[ad_1]

Based on annualized net profit for the six months ending September, the company requires a price-earnings (P/E) multiple of about 36.

Summary

It also serves customers in Malaysia, the Philippines and Hong Kong. The domestic MF segment contributed 70.6% to the revenue in FY22. Global and other investor solutions contributed 7.6% and issuer solutions contributed 11.6% of revenue, with the remainder from international business services.

ET Intelligence Group: KFin Technologies (renamed from Karvy Fintech in 2019), a technology-enabled services provider to asset management companies (AMCs) including mutual funds (MFS) and wealth managers, plans to raise ₹1,500 crore through an IPO. Promoter General Atlantic Singapore Fund. After the IPO, the promoter group’s stake will reduce from 74% to around 50%. The company is expected to benefit as many investors

as if

ET office

Read 3 minutes. Last Updated:

  • Font size

    ABCa little bit

    ABCMedium

    ABCBig

  • Save
  • Print
  • Give a comment

Are you sure! This is an exclusive story available only to select readers.

don’t mind. Only one step left.

why ?

  • Exclusive Economic Times stories, editorials and expert opinion More than 20+ sectors

  • Stock analysis. Market research. Industry trends With 4000+ stocks

  • Clean experience with
    Small ads

  • Feedback and participation With the ET Prime community

  • Special invitations to Virtual events with industry leaders

  • Trusted team Journalists and analysts Able to filter signal from noise

[ad_2]

Source link

Implement tags. Simulate a mobile device using Chrome Dev Tools Device Mode. Scroll page to activate.

x