Daily BriefsFinancials

Daily Brief Financials: KFin Technologies, London Stock Exchange and more

In today’s briefing:

  • KFin Technologies IPO Trading – Previous Deals with Lackluster Demand Had Mixed Debuts
  • London Stock Exchange Group: Record Holdings

KFin Technologies IPO Trading – Previous Deals with Lackluster Demand Had Mixed Debuts

By Clarence Chu

  • KFin Technologies (1804170D IN) raised around US$180m in its India IPO. The IPO had been a 100% OFS.
  • KFin Technology (KFin) is a technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem.
  • We have looked at various aspects of the deal in our previous note, in this note, we talk about the demand and trading dynamics.

London Stock Exchange Group: Record Holdings

By Steven Holden

  • Percentage of UK funds invested in the LSE Group has risen from under 10% in 2012 to a record 41.8% today
  • Rise in ownership has been driven by high growth investors, with both Aggressive Growth and Growth strategies at their highest levels of ownership on record
  • The LSE Group has risen to the 22nd most widely held stock in the UK and the 12th largest on an average weight basis.

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