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<ul><li><keyword id="8400834" type="General" weightage="20" keywordseo="KFin-Technologies" source="Orion">KFin Technologies</keyword> and <keyword id="12561346" type="General" weightage="20" keywordseo="Elin-Electronics" source="Orion">Elin Electronics</keyword> will launch their issues this week.</li><li>The two initial public offerings (IPOs) are expected to collectively raise nearly ₹2,000 crore.</li><li>So far this year, ₹55,101 crore has been raised through 32 IPOs (as of December 6 — still it’s lesser than the ₹1.18 lakh crore raised through 64 IPOs in 2021.</li></ul>Indian primary markets are buzzing with initial public offerings (IPOs) while secondary markets across the world are turning volatile over fears of recession. Last week, <a href="https://www.businessinsider.in/stock-market/news/three-ipos-set-to-raise-over-1800-crore-this-week/articleshow/96160133.cms">three IPOs opened </a>their issues for investor subscription and raised over ₹1,800 crore. All three IPOs were fully subscribed. They received decent demand from investors -- winemaker Sula Vineyards was subscribed by 2.33 times on the last day, financial services company Abans Holdings by 1.1 times and automobile dealer Landmark Cars by 3.06 times. At the same time, the IPO of <a href="https://www.businessinsider.in/stock-market/news/droneacharya-ai-ipo-subscription-status/articleshow/96203527.cms">DroneAcharya Aerial Innovations </a>received an overwhelming investor interest, and was subscribed 262 times on its last day. The Pune-based drone startup’s IPO received strong demand from HNIs as well as retail investors, who subscribed for it 388 times and 330 times respectively. This week, two (IPOs) are expected to collectively raise nearly ₹2,000 crore. <a href="https://www.businessinsider.in/stock-market/news/kfin-technologies-to-open-its-ipo-next-week-from-dec-19-21/articleshow/96220635.cms">KFin Technologies</a>, a leading technology-driven financial services platform and electronics manufacturing services company Elin Electronics will open their issues for public subscription this week. So far this year, ₹55,101 crore has been raised through 32 IPOs (as of December 6). But it's still much less than the ₹1.18 lakh crore raised through 64 IPOs in 2021, shows data from Prime Database. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPOs opening this week </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Start date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Close date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO size </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">KFin Technologies </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 19 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 21 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1,500 crore </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Elin Electronics </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 20 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 22 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹475 crore </td></tr></tbody></table> <keyword id="15781375" type="General" weightage="20" keywordseo="KFin-Technologies-IPO" source="Orion">KFin Technologies IPO</keyword> to raise ₹1,500 crore KFin Technologies, a leading technology-driven financial services platform, will open its initial public offering (IPO) this week on December 19 and close on December 21. The price band of the IPO is set at ₹347- 366 per share. The company plans to raise ₹1,500 crore through a complete offer for sale by one of the promoters General Atlantic Singapore Fund — who will receive all the proceeds. The company will not receive any funds from the IPO. The shares of the company are currently commanding a grey market premium, or GMP, of just ₹5 per share. <a href="https://www.businessinsider.in/stock-market/news/grey-market-premium-what-is-it-and-where-is-it-coming-from/articleshow/95454371.cms">GMP is the premium at which IPO shares are traded</a> in an unofficial market before they are listed on the stock exchanges. KFin Technologies provides transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong. It provides services and solutions to asset managers and corporate issuers across asset classes in India, along with several other investor solutions. The company is the largest investor solutions provider to Indian mutual funds. It provides services to 24 out of 41 AMCs in India, representing 59% of market share. General Atlantic Singapore Fund Pte owns a 72.51% stake in the company followed by Kotak Mahindra Bank with 9.86% stake while Compar Estates and Agencies holds a 10.86% stake in KFin Technologies. However, Kotak and Compar are not selling their shares in the upcoming IPO. <keyword id="12561347" type="General" weightage="20" keywordseo="Elin-Electronics-IPO" source="Orion">Elin Electronics IPO</keyword> to open on December 20 Electronics manufacturing services company Elin Electronics will open its initial public offering (IPO) this week on December 20 and close on December 22. The price band of the IPO is set at ₹234-247 per share. The company plans to raise ₹475 crore. Of this, ₹175 crore worth shares will be raised via a fresh issue, and ₹300 crore via an offer for sale by promoters and shareholders. The proceeds from the fresh issue will be used to repay debt, fund capital expenditure for upgradation and expanding existing plants. The shares of the company are currently commanding a grey market premium, or GMP, of ₹30 per share. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small kitchen appliances in India. It is also one of the largest fractional horsepower motor manufacturers in India. Also, it manufactures and assembles a wide array of products and provides end-to-end product solutions. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/personalities/news/i-am-glad-i-fd-up-so-much-in-life-that-it-is-content-now-says-ankur-warikoo/articleshow/96282722.cms">I am glad I F**%*D up so much in life that it is content now says Ankur Warikoo</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/upcoming-web-series-on-amazon-prime-netflix-hotstar-sonyliv-in-2023-in-india/slidelist/96217782.cms">Made in Heaven, Paatal Lok &amp; all the web series in between hitting the screens in 2023</a>

Two IPOs set to raise nearly ₹2,000 crore this week

<ul><li>The finalisation of the allotment of <keyword id="2614989" type="PERSON" weightage="20" keywordseo="Aptus-Value-Housing-Finance">Aptus Value Housing Finance</keyword>’s public issue will be done on August 18.</li><li>Aptus Housing Finance was subscribed 17.20 times on the last day of bidding.</li><li>The <keyword id="11867411" type="UNKNOWN" weightage="20" keywordseo="retail-focused-housing-finance-company">retail-focused housing finance company</keyword> is looking to raise ₹2,780 crore from the primary market.</li></ul>The finalisation of the allotment of Aptus Value Housing Finance’s public issue will be done on August 18 and initiation of refunds will be initiated on August 20. Transfer of shares to the demat account will be done on August 23. The listing date is likely to be August 24. The <keyword id="35216" type="ENTERTAINMENT" weightage="20" keywordseo="initial-public-offering">initial public offering</keyword> (IPO) for Aptus Value Housing Finance ended on August 12. Aptus Housing Finance was subscribed 17.20 times on the last day of bidding. It received bids for 94.82 crore as against 5.51 crore offered by the company. The retail-focused housing finance company is looking to raise ₹2,780 crore from the primary market. The <keyword id="8894240" type="UNKNOWN" weightage="20" keywordseo="allotment-status">allotment status</keyword> of Aptus Value Housing Finance can be checked on <keyword id="35140" type="CITY" weightage="20" keywordseo="BSE">BSE</keyword> website and <keyword id="11867409" type="UNKNOWN" weightage="20" keywordseo="registrar-kfin-technologies-private-limited">registrar KFin Technologies Private Limited</keyword>. <cmsannotation type="cmsannotation" annotationid="How to check allotment status on the BSE website?" comment="subhead" text="How to check allotment status on the BSE website?">How to check allotment status on the BSE website?</cmsannotation> <ol><li>Open the<a href="https://www.bseindia.com/"> BSE </a>website on any smart device.</li><li>On the website, enter the issue name on the right side and select ‘Equity’ from the drop down list.</li><li>Enter your application number and Permanent Account Number (<keyword id="61610" type="ORGANIZATION" weightage="20" keywordseo="pan">PAN</keyword>).</li><li>Select the box saying ‘Am not a Robot’ and click on the Search option.</li><li>After clicking on search, your IPO status will become available.</li></ol> <cmsannotation type="cmsannotation" annotationid="How to check allotment on the KFin website?" comment="subhead" text="How to check allotment on the KFin website?">How to check allotment on the <keyword id="11867408" type="UNKNOWN" weightage="20" keywordseo="kfin">KFin</keyword> website?</cmsannotation> <ol><li>Open the <a href="https://ris.kfintech.com/ipostatus/ipos.aspx">KFin</a> website on any smart device.</li><li>There will be 5 links to check IPO Allotment, click on any one of them. </li><li>Select the IPO from the drop down menu and then select application number/ DPID/Client ID/PAN. Note: The IPO name will be visible on the finalisation date i.e August 18.</li><li>Then enter your application number and the above number visible on your screen (CAPTCHA).</li><li>Now click at the ‘Submit’ option and your IPO Allotment status will be displayed on your screen.</li></ol> Make sure you enter your details correctly. It will display the number of shares you subscribed and number of shares allotted to you. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/chemplast-sanmar-ipo-how-to-check-allotment-date-and-status-listing-date-and-more/articleshow/85362052.cms">Chemplast Sanmar IPO: Here’s how to check allotment status, listing date and more</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/windlas-biotech-ipo-makes-a-weak-stock-market-debut-list-at-4-5-discount-on-exchanges/articleshow/85361052.cms">Windlas Biotech IPO makes a weak stock market debut; list at 4.5% discount on exchanges</a>

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Two IPOs set to raise nearly ₹2,000 crore this week

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Aptus Value Housing Finance IPO: Check allotment status, listing date and more

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