Kaynes Technology India Ltd IPO Details (Kaynes Technology IPO)
Kaynes Technology India Ltd IPO is an NSE BSE IPO. They are going to raise ₹857.82 Crores via IPO. The issue is a price range of ₹559 to ₹587 per Equity Share. The IPO is to be listed on NSE and BSE.
Kaynes Technology was established in 2008, the company is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides process engineering, integrated manufacturing, conceptual design, and life-cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things (IoT), Information Technology (IT), and other segments.
Kaynes Technology is among the first companies in India to offer design-led electronics manufacturing to original equipment manufacturers (OEMs).
The company’s operations are classified under the following business verticals:
OEM – Turnkey Solutions – Box Build (“OEM – Box Build”).
OEM – Turnkey Solutions – Printed Circuit Board Assemblies (“PCBAs”) (“OEM – Turnkey Solutions”).
ODM: The company offers ODM services in smart metering technology, smart street lighting, and brushless DC (“BLDC”) technology.
Product Engineering and IoT Solutions: The company offers conceptual design and product engineering services in industrial and consumer segments.
Kaynes Technology operates eight manufacturing structures across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand.
As of July 31, 2022, the company’s research and development team comprised 19 employees, including engineers, designers, and other workers.
On July 31, 2022, The company served 229 customers in 21 countries globally and multiple industry verticals such as automotive, aerospace and defense, industrial, railways, medical, and IT / ITES.
Currently, the company works with over 871 vendors and sources materials from various regions including North America, Europe, and Singapore as well as locally within India.
What is the official website of Kaynes Technology India Ltd?
Kaynes Technology India Ltd IPO Official Website is https://www.kaynestechnology.co.in/
What is the registered address of Kaynes Technology India Ltd?
Kaynes Technology India Ltd
23-25, Belagola,
Food Industrial Estate,
Metagalli P.O., Mysore – 570016,
Phone: +91 82125 82595
Email: kaynestechcs@kaynestechnology.net
Website: https://www.kaynestechnology.co.in/
Kaynes Technology India Ltd Financial Reports
| Period
Ended |
Total
Assets |
Total
Revenue |
Profit
After Tax |
Net
Worth |
Total
Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 378.12 | 370.17 | 9.36 | 95.76 | 143.83 |
| 31-Mar-21 | 419.37 | 424.66 | 9.73 | 136.51 | 139.47 |
| 31-Mar-22 | 622.42 | 710.35 | 41.68 | 201.82 | 169.55 |
| 30-Jun-22 | 763.26 | 199.98 | 10.05 | 212 | 186.38 |
| Amount in ₹ Crore | |||||
Kaynes Technology India Ltd IPO Date & Price Band
| IPO Open: | November 10, 2022 |
| IPO Close: | November 14, 2022 |
| IPO Size: | Approx ₹857.82 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹559 to ₹587 per Equity Share |
| IPO Listing on: | BSE NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
Kaynes Technology IPO Market Lot
The Kaynes Technology IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹190,775).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,675 |
| Retail (Max) | 13 | 325 | ₹190,775 |
| S-HNI (Min) | 14 | 350 | ₹205,450 |
| B-HNI (Min) | 69 | 1,725 | ₹1,012,575 |
Kaynes Technology IPO Allotment & Listing Dates
The IPO date is November 10 and the IPO close date is November 14, 2022. The IPO allotment date is November 7 and the Kaynes Technology India Ltd IPO listing is November 11, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Nov 10, 2022 |
| Closing Date | Nov 14, 2022 |
| Basis of Allotment | Nov 17, 2022 |
| Initiation of Refunds | Nov 18, 2022 |
| Credit of Shares to Demat | Nov 21, 2022 |
| Listing Date | Nov 22, 2022 |
Kaynes Technology India Ltd Company Promoter
Ramesh Kunhikannan, Savitha Ramesh and RK Family Trust are the company promoters.
Kaynes Technology India Ltd Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dcxsystems.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Kaynes Technology IPO Lead Managers
- DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
- IIFL Securities Ltd
What is Kaynes Technology India Ltd IPO?
Kaynes Technology India Ltd IPO is an NSE BSE IPO. They are going to raise ₹857.82 Crores via IPO. The issue is a price range of ₹559 to ₹587 per Equity Share. The IPO is to be listed on NSE and BSE.
When will Kaynes Technology IPO open?
The IPO will open for NII, QIB, and Retail Investors on October 31, 2022.
What is Kaynes Technology India Ltd IPO Investors Portion?
The investors’ portion for NII is 75%, QIB is 15 % and Retail is 10%.
What is Kaynes Technology IPO Size?
The IPO size is ₹857.82 crores.
What is Kaynes Technology IPO Price Band?
The IPO Price range of ₹559 to ₹587 per equity share.
What is Kaynes Technology IPO Minimum and Maximum Lot Size?
The Kaynes Technology IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹190,775).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,675 |
| Retail (Max) | 13 | 325 | ₹190,775 |
| S-HNI (Min) | 14 | 350 | ₹205,450 |
| B-HNI (Min) | 69 | 1,725 | ₹1,012,575 |
What is Kaynes Technology IPO Allotment?
The IPO allotment date is November 17, 2022.
What is Kaynes Technology IPO Listing Date?
The IPO listing date is November 22, 2022. The IPO to list on BSE NSE.
Also Read: Find the List of Stock Market Holidays in 2022
Also Read: What are the top 10 upcoming IPOs in 2022?
MORE FOR YOU
