On December 16, tech-enabled financial services platform KFin Technologies raised Rs 675 crore from lead investors ahead of its public offering.

In a filing with the BSE, the company said that after negotiating with commercial bankers, it eventually allocated 1.84 crore shares to anchor investors at Rs 366 each, the upper end of the price range.

A total of 44 investors bought 1.84 crore shares through the anchor book, including Goldman Sachs funds, Carmignac Portfolio, Aberdeen Standard SICAV, Pinebridge Global Funds, Pari Washington India Master Fund, Citigroup Global Markets Mauritius, Morgan Stanley and Copthall Mauritius Investment.

Ashoka India Equity Investment Trust, IIFL Special Opportunities Fund, Nippon Life India, Axis Mutual Fund, Mirae Mutual Fund, ICICI Prudential Life Insurance, Nuvama Private Investments Trust, Edelweiss Trusteeship, UTI MF, Canara Robeco MF, Motility Oswal MF Ad, Sundaram MF Birla Sun Life Insurance, Bajaj Allianz Life Insurance and Elara India Opportunities Fund also invested in the firm through the anchor book.

KFin Technologies aims to raise Rs 1,500 crore in a public offering that only includes a sale offer from promoter General Atlantic Singapore Fund Pte Ltd.

The price range for the offer, which started on December 19, is fixed at Rs 347-366 per share. The IPO will end on December 21.

ICICI Securities, Kotak Mahindra Capital Company, JP Morgan India, IIFL Securities and Jefferies India are the book-running lead managers to the issue.