The Kaynes Technology IPO has begun on 10-Nov-2022. It will close on 14-Nov-2022. The Total IPO Size is 857.82 Crore. The company set its IPO price is 559-587 Rs Per Share. Basically, there are three basic categories in Kaynes Technology IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Kaynes Technology is established in 2008.
Kaynes Technology International Limited are a leading end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (“ESDM”) services.
They operate eight strategically located manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand.
In the nine months ended December 31, 2021, They served 313 customers in 20 countries globally and multiple industry verticals such as automotive, aerospace and defence, industrial, railways, medical and IT / ITES.
Their business operations under the following business verticals:
1) OEM –Turnkey Solutions–Box Build (“OEM –Box Build”): They undertake “Build ToPrint” or “Build to Specifications” of complex box builds, sub-systems and products across various industry verticals.
2) OEM – Turnkey Solutions –Printed Circuit Board Assemblies (“PCBAs”) (“OEM –Turnkey Solutions”):They undertake turnkey electronics manufacturing services of PCBAs, cable harness, magnetics and plastics ranging from prototyping to product realization including mass manufacturing.
3) ODM: They offer ODM services in smart metering technology, smart street lighting, brush less DC (“BLDC”) technology, inverter technology, gallium nitride based charging technology and providing IoT solutions for making smart consumer appliances or devices IoT connected.
4) Product Engineering and IoT Solutions: They offer conceptual design and product engineering services in industrial and consumer segments. The services include PCB cladding or electrical schematics to embedded design and submitting proof of concept to prototyping.
Industry Peers
1) Dixon Technologies Limited
2) Amber Enterprises India Limited
Kaynes Technology IPO Promotors
1) Ramesh Kunhikannan
2) Ramesh Kunhikannan
3) RK Family Trust
Kaynes Technology IPO Date, Details & Price Band
| IPO Opening Dates | 10-Nov-2022 |
| IPO Closing Dates | 14-Nov-2022 |
| Price Band | 559-587 Rs |
| Offer For Sale | 327.82 Crore |
| Fresh issue | 530.00 Crore |
| Total IPO size | 857.82 Crore |
| Minimum bid (lot size) | 25 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 35% |
| HNI Allocation | 15% |
| QIB Allocation | 50% |
| Listing On | NSE, BSE |
Kaynes Technology IPO Market Lot
The Kaynes Technology IPO minimum market lot is 25 shares With 14,675 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 25 | 14,675 Rs |
| Retail Maximum | 13 | 325 | 1,90,775 Rs |
| S-HNI Minimum | 14 | 350 | 2,05,450 Rs |
| B-HNI Maximum | 69 | 1,725 | 10,12,575 Rs |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share (Basic) | |
| 31-Mar-22 | 622.42 | 710.35 | 41.68 | 5.19 |
| 31-Mar-21 | 419.37 | 424.66 | 9.73 | 2.28 |
| 31-Mar-20 | 378.12 | 370.17 | 9.36 | 2.32 |
Kaynes Technology IPO GMP & Grey Market Premium
Kaynes Technology IPO GMP Grey market premium has been started today. Check Latest Kaynes Technology IPO GMP, Kostak Rates and Subject to Sauda Price here.
Kaynes Technology IPO Prospectus
| DRHP | Download |
Kaynes Technology IPO Reviews
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Kaynes Technology IPO Form Download
Kaynes Technology IPO form available on NSE, BSE Website as well as on our Portal. Please click here to Download Kaynes Technology IPO forms.
Kaynes Technology IPO Allotment Date & Details
| Allotment Date | 17-November-2022 |
| Initiation of refunds | 18-November-2022 |
| Transfer of shares to Demat accounts | 21-November-2022 |
| Listing Date | 22-November-2022 |
Registrar of Kaynes Technology IPO
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, L.B.S. Marg,
Vikhroli West, Mumbai 400 083
Maharashtra, India
Tel: + 22 4918 6200
E-mail: Email: [email protected]
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058
Kaynes Technology Contact Details
Kaynes Technology India Ltd
23-25, Belagola,
Food Industrial Estate,
Metagalli P.O., Mysore – 570016,
Phone: +91 82125 82595
Email: [email protected]
Website: https://www.kaynestechnology.co.in/
Kaynes Technology IPO Lead Managers
DAM Capital Advisors Limited
IIFL Securities Limited
FAQ Question
- When is Kaynes Technology IPO Listing Date?
Kaynes Technology IPO listing date is 22-Nov-2022.
- When Kaynes Technology IPO allotment?
Kaynes Technology IPO Allotment date is 17-Nov-2022.
- What is Kaynes Technology IPO GMP ( Grey market premium) ?
Check latest IPO GMP
- What is the lot size of Kaynes Technology IPO?
25 Shares Minimum.
- How to apply in Kaynes Technology IPO through Zerodha?
1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Kaynes Technology IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).
- How to check Kaynes Technology IPO Allotment?
User can check Kaynes Technology IPO Allotment on linkintime.co.in website.
- How to check Kaynes Technology IPO Subscription Status?
User can check Kaynes Technology IPO Subscription Status on our website.
- What is the Price band of Kaynes Technology IPO?
559-587 Rs.
- What is the Issue Size of Kaynes Technology IPO?
857.82 Crore