Kaynes Technology IPO Date, Review, Price, Allotment, Analysis

Kaynes Technology IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum125₹14,675
Retail Maximum13325₹190,775
S-HNI Minimum14350₹205,450
B-HNI Minimum681,725₹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
YearRevenueExpensePAT
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

Kaynes Technology IPO FAQs

What is Kaynes Technology IPO?

Kaynes Technology IPO is a main-board IPO. They are going to raise ₹857 Crores via IPO. The issue is priced at ₹559 to ₹587 pr equity share. The IPO is to be listed on BSE & NSE.

When Kaynes Technology IPO will open?

The IPO is to open on November 10 for QIB, NII, and Retail Investors.

What is Kaynes Technology IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Kaynes Technology IPO?

You can apply for Kaynes Technology IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Kaynes Technology IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kaynes Technology”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Kaynes Technology IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kaynes Technology”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Kaynes Technology IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Kaynes Technology”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Kaynes Technology IPO Size?

Kaynes Technology IPO size is ₹857 crores.

What is Kaynes Technology IPO Price Band?

Kaynes Technology IPO Price Band is ₹559 to ₹587.

What is Kaynes Technology IPO Minimum and Maximum Lot Size?

The minimum bid is 25 Shares with ₹14,675 amount while the maximum bid is 325 shares with ₹190,775.

What is the Kaynes Technology IPO Allotment Date?

Kaynes Technology IPO allotment date is November 17.

What is the Kaynes Technology IPO Listing Date?

Kaynes Technology IPO listing date is November 22. The IPO is to list on BSE and NSE.

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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