Kaynes Technology IPO Details: Kaynes Technology IPO date is fixed, the IPO is to hit the market on November 10 and will close on November 14. Kaynes Technology Technologies IPO to raise around ₹857 crores via IPO that comprises fresh issue of ₹500 crores and offer for sale up to 7,200,000 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Kaynes Technology India Limited is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in India. They provides Conceptual Design, Process Engineering, Integrated Manufacturing, and Life Cycle Support for major players in the Automotive, Industrial, Aerospace and Defence, Outer-space, Nuclear, Medical, Railways, Internet of Things (“IoT”), Information Technology (“IT”) and other segments.
Kaynes Technology services include Product Design & Engineering, OEM (Original Equipment Manufacturer – Turnkey Solutions – PCBA & Box Build), ODM (Original Design Manufacturing), IoT Solutions, Cable Harness, Automated Test Equipment & Functional Tester, and Third Party Repairs. Kaynes Technology has 35 years of experience in manufacturing with 10 Global Certifications, 250+ Clients, 1500+ Employees, 8 Manufacturing plants, and 2 Service Centers. Their manufacturing facilities are in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. They have Service centers out of Cochin and Mumbai, catering to Railway, Aerospace, Defence, and Industrial Clients.
Important Details
- Having vast experience in the manufacturing.
- 10 Global Certifications, 250+ Clients, 1500+ Employees, 8 Manufacturing plants, and 2 Service Centers in India.
- Providing Turnkey Solutions, OEM and ODM Services to their Clients.
- Kaynes Technology India raises Rs 257 crore via anchor book ahead of IPO.
Kaynes Technology IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Choice Broking: May Apply
- Anand Rathi: May Apply
- Canara Bank: May Apply
- Capital Market: May Apply
- Reliance Securities: Apply
- Ventura Securities: Apply
Kaynes Technology IPO Date & Price Band Details
Kaynes Technology IPO Open: | November 10, 2022 |
Kaynes Technology IPO Close: | Novemner 14, 2022 |
Kaynes Technology IPO Size: | Approx ₹857 Crores |
Fresh Issue: | Approx ₹500 Crores |
Offer for Sale: | Approx 72,00,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
Kaynes Technology IPO Price Band: | ₹559 to ₹587 Per Share |
Kaynes Technology IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Kaynes Technology IPO Market Lot
The Kaynes Technology IPO minimum market lot is 25 shares with ₹14,675 application amount. The retail investors can apply up-to 13 lots with 325 shares or ₹190,775 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 25 | ₹14,675 |
Retail Maximum | 13 | 325 | ₹190,775 |
S-HNI Minimum | 14 | 350 | ₹205,450 |
B-HNI Minimum | 68 | 1,725 | ₹1,012,575 |
Kaynes Technology IPO Allotment & Listing Dates
The Kaynes Technology IPO date is November 10 and the close date is November 14. The Kaynes Technology IPO allotment will be finalized on November 17 and the IPO listing on November 22.
Price Band Announcement: | November 4, 2022 |
Anchor Investors Allotment: | November 9, 2022 |
Kaynes Technology IPO Open Date: | November 10, 2022 |
Kaynes Technology IPO Close Date: | November 14, 2022 |
Basis of Allotment: | November 17, 2022 |
Refunds: | November 18, 2022 |
Credit to Demat Account: | November 21, 2022 |
Kaynes Technology IPO Listing Date: | November 22, 2022 |
You can check Kaynes Technology IPO subscription status and Kaynes Technology IPO allotment status on their respective pages.
Kaynes Technology IPO Form
How to apply for the Kaynes Technology IPO? You can apply for Kaynes Technology IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kaynes Technology IPO in the Invest section. The other option is you can apply for Kaynes Technology IPO via IPO forms downloaded via NSE and BSE. Check out the Kaynes Technology forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Kaynes Technology Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹425 | ₹414 | ₹9.73 |
2022 | ₹710 | ₹651 | ₹41.68 |
2023 3M | ₹200 | ₹187 | ₹10.05 |
Kaynes Technology IPO Valuation – FY2022
Check Kaynes Technology IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹9.70 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 20.54% |
Net Asset Value (NAV): | ₹43.12 per Equity Share |
Peer Group
- Dixon Technologies Limited
- Amber Enterprises India Limited
- Syrma SGS Technology Limited
Company Promoters
- Ramesh Kunhikannan
- Savitha Ramesh
- RK Family Trust
Kaynes Technology IPO Registrar
Link Intime India Private Limited
C-101, 247 Park, 1st Floor
L.B.S. Marg, Vikhroli West Mumbai
400 083, Maharashtra, India
Phone: +91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Kaynes Technology IPO Allotment Status Check
Check Kaynes Technology IPO allotment status on Linkintime website allotment URL. Click Here
Kaynes Technology IPO Lead Managers
- DAM Capital Advisors Limited
- IIFL Securities Limited
Company Address
KAYNES TECHNOLOGY INDIA LIMITED
23-25, Belagola, Food Industrial Estate
Metagalli P.O., Mysore – 570016
Karnataka, India
Phone: + 91 8212 582595
Email: [email protected]
Website: www.kaynestechnology.co.in
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Note: The Kaynes Technology IPO price band and date are officially announced. The IPO grey market premium (Kaynes Technology IPO Premium) will be added to the IPO grey market page as it will start).
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