Kaynes Technology IPO – Started in 2008, Kaynes Technology India Limited is a leading end-to-end and IoT (Internet of Things) solutions-enabled integrated electronics manufacturer in India.
List of Topic Covered
Key Features of Kaynes Technology IPO
- Kaynes Technology IPO will open on Nov 10, 2022
- You can apply in this IPO from Nov 10, 2022 to Nov 14, 2022.
- Issue Price band of the company is ₹559 to ₹587 per equity share.
- Kaynes Technology IPO comprises fresh issue of equity shares of ₹10 (worth ₹530 Crores) and an offer for sale of approx 5,584,664 shares of ₹10 (₹327.82 Crores) .
- It has a minimum 25 shares in one lot and you have to spend a minimum of ₹14,675 for 1 lot.
- Kaynes Technology is looking to raise ₹857.82 Crores through this IPO.
What is Kaynes Technology India Ltd
- Kaynes Technology is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company.
- It provides services like conceptual design, process engineering, integrated manufacturing and life-cycle support for sectors like automotive, industrial, aerospace, defence, outer-space, nuclear, medical, railways, Internet of Things (IoT), information technology etc.
- Mr. Ramesh Kannan is the MD and Rajesh Sharma is the CEO of the Kaynes Technology India Ltd.
- The company has been making consistent profits for the last 3 years. Positive sign for investors.
Kaynes Technology Finance IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Kaynes Technology IPO price band is placed at ₹559 to ₹587 , but the grey market premium of this share is currently 34.92% (No trade) i.e. at ₹205. So the share price of Kaynes Technology in the grey market is ₹792 (₹587 + ₹205).
Click here to Get Details IPO Grey Market Premium (GMP) Live
Kaynes Technology IPO Live Subscription Status
Kaynes Technology IPO is subscribed 34.16 times on it’s final day i.e. on Nov 14, 2022.
Click here to Get Details IPO Subscription Status Live
Kaynes Technology IPO Date, Lot Size, Allotment
Kaynes Technology IPO Details
| IPO Start Date | November 10, 2022 |
| IPO Close Date | November 14, 2022 |
| Fresh Equity Share Issue | Shares of ₹10 (worth ₹530 crores) |
| Offer for Sale | 5,584,664 shares of ₹10 (₹327.82 Cr) |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹559 – ₹587 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Kaynes Technology IPO Timetable
| IPO Start Date | November 10, 2022 |
| IPO Close Date | November 14, 2022 |
| Basis of Share Allotment Date | November 17, 2022 |
| Refunds Date | November 18, 2022 |
| Credit of shares to Demat Account Date | November 21, 2022 |
| Kaynes Technology IPO Listing Date | November 22, 2022 |
Kaynes Technology IPO Lot Size
| Minimum Lot Size | 25 shares for 1 lot |
| Minimum Amount | ₹ 14,675 for 1 lot |
| Maximum Lot Size | 325 Shares (13 lot) |
| Maximum Amount | ₹190,775 (for 13 Lot) |
Kaynes Technology Financial Report (2020-2022)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2023 (3M) | ₹200 | ₹187 | ₹10.05 |
| 2022 | ₹710 | ₹651 | ₹41.68 |
| 2021 | ₹425 | ₹414 | ₹9.73 |
Kaynes Technology IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Kaynes Technology IPO ?
- You can apply for the Kaynes Technology IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Kaynes Technology IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Kaynes Technology IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Kaynes Technology IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Kaynes Technology IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Kaynes Technology IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Kaynes Technology IPO Allotment Status
You can check Five Star Business Finance IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Kaynes Technology IPO
Kaynes Technology IPO Promoters
- Ramesh Kunhikannan
- Savitha Ramesh
- RK Family Trust
Kaynes Technology IPO Lead Managers
- DAM Capital Advisors Ltd
- IIFL Securities Ltd
Kaynes Technology Contact Information
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 IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: kaynes.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on Kaynes Technology IPO
Kaynes Technology is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. Price range is a bit on higher side. Grey market premium is at ₹0. Can be considered for a long term gain.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Kaynes Technology IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹857.82 Crores through this IPO. One lot has minimum 25 shares and you have to spend a minimum ₹14,675 for 1 lot.
Kaynes Technology IPO price band is ₹559 to ₹587.
One lot has minimum 25 shares and you have to spend a minimum ₹14,675 for 1 lot. Maximum lot is 13 and you have to spent ₹1,90,775.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Kaynes Technology IPO will open on November 10, 2022.
Basis of Allotment for Kaynes Technology IPO will happen on November 17, 2022 and allotted shares will be deposited in your demat account on November 21, 2022.
Shares of Kaynes Technology IPO will list in the market on November 22, 2022.
This covers all the points on Kaynes Technology IPO. Please write in the comment box if you need any further information on this.
| List of Upcoming IPO in November 2022 | Click Here |
| Home | Click Here |