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Kaynes Technology India Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹587
Issue Price
₹587
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹587
GMP based
Lot Size
25
shares / lot
Min Amount
₹14,675
1 lot · 25 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 Nov 2022
Thu Completed
Done
Close Date
14 Nov 2022
Mon Completed
Done
Allotment
17 Nov 2022
Thu Completed
Done
Refund
18 Nov 2022
Fri Completed
Done
Demat Credit
21 Nov 2022
Mon Completed
Done
Listing Date
22 Nov 2022
Tue Completed
UPI Deadline: 14 Nov 2022
Issue Details
Pricing & Size
Issue Price
₹587 Face ₹10
Lot Size
25 shares
Min Investment
₹14,675
Total Issue Size
1,46,13,624 shares (aggregating up to ₹857.82 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
72,94,035 (49.91%)
NII / HNI
21,88,211 (14.97%)
Retail
51,05,825 (34.94%)
Employee
25,553 (0.17%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,91,13,536 shares
Post-Issue Shareholding
5,81,42,496 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 25 ₹14,675
HNI / NII 14 350 ₹2,05,450
bHNI / bNII 69 1,725 ₹10,12,575
Objects of Issue
5 objectives
1
1 Repayment/ prepayment, in full or part, of certain borrowings availed by our Company
130.00 Cr
2
2 Funding capital expenditure towards expansion of our existing manufacturing facility at Mysuru, Karnataka, and near our existing manufacturing facility at Manesar, Haryana
98.93 Cr
3
3 Investment in our wholly owned Subsidiary, Kaynes Electronics Manufacturing Private Limited, for setting up a new facility at Chamarajanagar, Karnataka
149.30 Cr
4
4 Funding working capital requirements of our Company
114.74 Cr
5
5 General corporate purposes
132.77 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Dam Capital Advisors Ltd.
IIFL Capital Services Ltd.
IPO Timeline
Open
10 Nov
✓ Done
Close
14 Nov
✓ Done
Allotment
17 Nov
✓ Done
Listing
22 Nov
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
kaynes.ipo@linkintime.co.in
Company Contact
Email
kaynestechcs@kaynestechnology.net
Phone
+91 82125 82595
Address
23-25, Belagola, Food Industrial Estate, Metagalli P.O., Mysuru, Karnataka, 570016
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹587
Est. Listing
₹587
Lot Size
25 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Kaynes Technology India Ltd. LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹587
GMP
+₹0 (+0%)
GMP Est. Listing
₹587
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 72,94,035 (49.91%) ₹42,815.99 Cr
NII / HNI (Total) 21,88,211 (14.97%) ₹12,844.80 Cr
Retail Investors 51,05,825 (34.94%) ₹29,971.19 Cr
Employee 25,553 (0.17%) ₹15.00 Cr
Total ** 1,46,13,624 (100.00%) ₹857,819.73 Cr
* Based on ₹587.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
72,94,035 (49.91%)
NII
21,88,211 (14.97%)
Retail
51,05,825 (34.94%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Mar-2031-Mar-2131-Mar-22
Revenue370.17424.66710.35
PAT9.369.7341.68
EBITDA
Net Worth95.76136.51201.82
Total Assets378.12419.37622.42
Reserves
Borrowings143.83139.47169.55
Key Financial Ratios
84.95
Pre P/E
P/E Pre-Issue
About Kaynes Technology India Ltd.

Incorporated in 2008, 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
What is the issue price of Kaynes Technology India Ltd. IPO?
The issue price of Kaynes Technology India Ltd. IPO is ₹587 per share, face value ₹10.
What is the lot size?
Minimum lot size is 25 shares, requiring ₹14,675.
What are the IPO dates?
Opens 10 Nov 2022, closes 14 Nov 2022.
When is the listing date?
Tentative listing: 22 Nov 2022 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹587 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Kaynes Technology India Ltd. IPO · Expected 17 Nov 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
17 Nov 2022
Refund Initiation
18 Nov 2022
Demat Credit
21 Nov 2022
Listing Date
22 Nov 2022
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹587
Face ₹10
Lot Size
25
shares / lot
Min Amount
₹14,675
1 lot
Est. Listing
₹587
GMP +₹0
Key Dates
Open
10 Nov Done
Close
14 Nov Done
Listing
22 Nov Done
Registrar
MUFG Intime India Pvt.Ltd.
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