
Kaynes Technology India Ltd
Mainboard₹14,675 / 25 Shares
Kaynes Technology India Ltd IPO Details
The Kaynes Technology India Ltd IPO price band is set between ₹559-587 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 10 Nov, 2022 and closes on 14 Nov, 2022. Investors can check the allotment status on 17 Nov, 2022, while the listing date is tentatively scheduled for 22 Nov, 2022.
The total issue size is ₹856.32 Cr Approx, aggregating up to . Stay tuned for the latest Kaynes Technology India Ltd IPO review and GMP updates.
Kaynes Technology India Ltd IPO Review, Rating & Analysis
Kaynes Technology India Ltd IPO Review
NO REVIEWKaynes Technology India Ltd IPO Rating
Kaynes Technology India Ltd IPO Highlights
IPO Date
Nov 10, 2022 - Nov 14, 2022
Listing Date
22 Nov, 2022
Face Value
₹10 Per Equity Share
Price Band
₹559-587 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Kaynes Technology India Ltd IPO Lot Size
The minimum market lot for Kaynes Technology India Ltd IPO is 25 shares with an application amount of ₹14,675. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,675 |
| Retail (Max) | 13 | 325 | ₹1,90,775 |
| S-HNI (Min) | 14 | 350 | ₹2,05,450 |
| S-HNI (Max) | 68 | 1700 | ₹9,97,900 |
| B-HNI (Min) | 69 | 1725 | ₹10,12,575 |
Kaynes Technology India Ltd IPO Timeline
Issue Price
₹559-587 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
DAM Capital Advisors Ltd,IIFL Securities LtdIssue Size
₹856.32 Cr ApproxKaynes Technology India Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 622.42 | 710.35 | 41.68 | - | - | - |
| 31 Mar 21 | 419.37 | 424.66 | 9.73 | - | - | - |
| 31 Mar 20 | 378.12 | 370.17 | 9.36 | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Ramesh Kunhikannan
- Savitha Ramesh
- RK Family Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 79.78% | 67.39% |
About Company
Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company 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.
The company 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 offer conceptual design and product engineering services in industrial and consumer segments.
Kaynes Technology operates eight manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand.
As of June 30, 2022, the company's research and development team comprised 19 employees, including engineers, designers and other workers.In nine months ended June 30, 2022, The company served 229 customers in 21 countries globally and multiple industry verticals such as automotive, aerospace and defence, industrial, railways, medical and IT / ITES.
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, As of June 30, 2022.
Frequently Asked Questions about Kaynes Technology India Ltd IPO
When will Kaynes Technology India Ltd IPO open for subscription?
The Kaynes Technology India Ltd IPO opens on 10 Nov, 2022 and closes on 14 Nov, 2022.
What is the investors portion for Kaynes Technology India Ltd IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Kaynes Technology India Ltd IPO?
You can apply for Kaynes Technology India Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Kaynes Technology India Ltd IPO?
The issue size of Kaynes Technology India Ltd IPO is approx ₹₹856.32 Cr Approx crores.
What is the price band of Kaynes Technology India Ltd IPO?
The price band for Kaynes Technology India Ltd IPO is ₹559 to ₹587 per equity share.
What is the lot size of Kaynes Technology India Ltd IPO?
The minimum bid (lot size) for Kaynes Technology India Ltd IPO is N/A shares with an investment of approx ₹14,675 .
What is the allotment date of Kaynes Technology India Ltd IPO?
The allotment date for Kaynes Technology India Ltd IPO is 17 Nov, 2022.
What is the listing date of Kaynes Technology India Ltd IPO?
The listing date for Kaynes Technology India Ltd IPO is expected to be 22 Nov, 2022.
What is the GMP of Kaynes Technology India Ltd IPO?
The latest Grey Market Premium (GMP) for Kaynes Technology India Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
