General Atlantic to offload ₹1,209-crore stake in KFin Technologies via block deals

US-based private equity firm General Atlantic, through its affiliate General Atlantic Singapore Fund Pte, is likely to offload up to 6.9% of its equity stake in financial services firm KFin Technologies Ltd through block deals, sources privy to the developments told CNBC-TV18.

The proposed sale will involve approximately 1.18 crore shares, amounting to a deal size of ₹1,209.5 crore, according to people familiar with the development. The floor price for the transaction is set at ₹1,025 per share, representing an 8.3% discount to KFin Tech’s current market price, the sources told CNBC-TV18.

For the fourth quarter, KFin Technologies reported a 14.3% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY25, at ₹85 crore compared to ₹74.5 crore in the corresponding quarter of the previous year. Revenue from operations rose 23.8% YoY to ₹282.7 crore, up from ₹228.3 crore in Q4FY25.

Also Read: Kfin Tech shares surge 8% after Ascent deal; analysts say valuations attractive

Operational profitability also improved, with EBITDA rising 16.9% to ₹122.2 crore versus ₹104.5 crore a year ago. However, the EBITDA margin stood at 43.2%, slightly lower than  45.8% recorded in the same quarter last year, largely due to higher operating expenses.

Shares of KFin Technologies Ltd ended at ₹1,117.65, up by ₹51.80, or 4.86%, on the BSE.

Also Read: KFin Technologies launches KFIN KRA to streamline KYC processes