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.
Kaynes Technology IPO Date & Price Band :
| IPO Open: | Nov 10, 2022 |
| IPO Close: | Nov 14, 2022 |
| IPO Size: | ₹500 Crores |
| Price Band: | ₹559 to ₹587 per share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 72,00,000 shares |
| Face Value: | ₹10 per share |
Kaynes Technology IPO Market Lot:
- Shares: Minimum 25 shares
- Minimum Amount: ₹14,675
- Maximum Amount: ₹190,775
Kaynes Technology IPO Allotment & Listing:
- Basis of Allotment: Nov 17, 2022
- Refunds: Nov 18, 2022
- Credit to Demat accounts: Nov 21, 2022
- Listing: Nov 22, 2022
Kaynes Technology IPO Form Download:
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 Financial:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 10.07 | ₹370 | 9.36 |
| 31-Mar-21 | 8.85 | ₹425 | 9.73 |
| 31-Mar-22 | 20.87 | ₹472 | 21.82 |
Peer Group
- Dixon Technologies Limited
- Amber Enterprises India Limited
Company Promoters
- Ramesh Kunhikannan
- Savitha Ramesh
- RK Family Trust
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
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: kaynes.ipo@linkintime.co.in
Website: www.linkintime.co.in
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: kaynestechcs@kaynestechnology.net
Website: www.kaynestechnology.co.in
What is Kaynes Technology IPO Open Date for QIB, NII, and Retail?
Kaynes Technology IPO will open on Nov 10, 2022
Kaynes Technology IPO Size?
Kaynes Technology IPO size is Approx ₹500 Crores
Kaynes Technology IPO Price Band?
Kaynes Technology IPO Price Band is ₹559 to ₹587 per share
Kaynes Technology IPO Minimum Lot Size?
The minimum bid is 25 Shares with a ₹14,675.
What is Kaynes Technology IPO Allotment Date?
Kaynes Technology IPO allotment date is Nov 17, 2022
What is Kaynes Technology IPO Listing Date?
Kaynes Technology IPO listing date is Nov 22, 2022. The IPO is to list on BSE and NSE.