At the NSE, it listed flat at Rs 367, marginally higher by 0.27 per cent.
The company commanded a market valuation of Rs 5,924.40 crore on the BSE. The 30-share BSE sensex quoted 338.56 points lower at 60,571.72. The initial share-sale of KFin Technologies was subscribed 2.59 times last week.
The Rs 1,500 crore-initial public offer had a price range of Rs 347-366 a share.
KFin is an investor and issuer solutions provider, serving asset managers such as mutual funds, Alternative Investment Funds (AIFs), wealth managers, pension funds and corporate issuers, as well as international clients in Southeast Asia and Hong Kong.
It is the country’s largest investor solutions provider to Indian mutual funds based on the number of Asset Management Company (AMC) clients serviced as of September 2022.