Kaynes Technology IPO GMP, Price, Date, Allotment


Last updated on November 22, 2022

Kaynes Technology IPO GMP

Kaynes Technology IPO description – The company is leading in the field of the Electronics System & Design Manufacturing (ESDM). It 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. In addition to Mumbai, Kaynes has centers at Bangalore, Delhi as well as at Cochin for Support Services. Its business is classified based on the stage of services that it provides to its customers as under the following business verticals:

OEM – Turnkey Solutions – Box Build: It undertakes “Build To Print” or “Build to Specifications” of complex box builds, sub-systems and products across various industry verticals.

OEM – Turnkey Solutions – PCBA: It undertakes turnkey electronics manufacturing services of PCBAs, cable harness, magnetics and plastics ranging from prototyping to product realization including mass manufacturing.

ODM: Services in smart metering technology, smart street lighting, brush less DC (BLDC) technology, inverter technology, gallium nitride based charging technology and providing IoT solutions for making smart consumer appliances or devices IoT connected.

Kaynes Technology India ltd

Promoters of Kaynes Technology – Ramesh Kunhikannan, Savitha Ramesh and RK Family Trust

Kaynes Technology IPO Details

Kaynes Technology IPO Dates10 – 14 November 2022
Kaynes Technology IPO Price INR 559 – 587 per share
Fresh issueINR 530 crore
Offer For Sale5,584,664 shares (up to INR 327.82 crore)
Total IPO sizeINR 842.18 – 857.82 crore
Minimum bid (lot size)25 shares (INR 14,675)
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE

Kaynes Technology Financial Performance

 FY 2019FY 2020FY 2021FY 2022
Revenue366.60 370.17 424.66710.35
Expenses 353.03 358.89 413.79651.38
Net income 9.60 10.07 8.8541.27
Margin (%)2.622.722.085.81
Figures in INR crore unless specified otherwise

Kaynes Technology Offer News

Kaynes Technology Valuations & Margins

FY 2019FY 2020FY 2021FY 2022
EPS2.38 2.32 2.158.93
PE ratio62.60 – 65.73
RONW (%)11.469.906.8720.54
ROCE (%)12.9414.4213.4724.44
EBITDA (%)9.6211.229.7213.26
Debt/Equity1.84 1.50 1.02 0.84
As per Consolidated Financial Information

Kaynes Technology IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
21 Nov 2022180
19 Nov 2022150
18 Nov 20221507001,200
17 Nov 20221306001,000
16 Nov 20221105501,000
15 Nov 2022100500900
14 Nov 202290500900
12 Nov 202270300900
11 Nov 202250300600
10 Nov 202220

Kaynes Technology IPO Subscription – Live Updates

Shares Offered29,23,88822,55,85852,63,66726,8331,04,70,246
14 Nov 202298.4721.214.1011.9234.16
11 Nov 20222.450.770.473.221.10
10 Nov 20220.520.
As on 07:00:00 PM

Kaynes Technology IPO Reviews – Subscribe or Avoid?

Angel One – Neutral
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Avoid
Canara Bank Securities – Subscribe
Choice Broking – Subscribe with caution
Dalal & Broacha –
Elite Wealth –
Geojit –
GEPL Capital – Avoid
Hem Securities – Subscribe
ICICIdirect – Unrated
Jainam Broking – Subscribe for short term
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities – Subscribe with caution
SMC Global – 1.5/5
Swastika Investmart –
Ventura Securities – Subscribe

Kaynes Technology Offer 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: [email protected]
Website: www.linkintime.co.in

Kaynes Technology Contact Details

23-25, Belagola, Food Industrial Estate
Metagalli P.O., Mysore – 570016
Karnataka, India
Phone: + 91 8212 582595
Email: [email protected]
Website: www.kaynestechnology.co.in

Kaynes Technology IPO Allotment Status

Kaynes Technology IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

Kaynes Technology IPO Dates & Listing Performance

Kaynes Technology IPO Opening Date10 November 2022
Kaynes Technology IPO Closing Date14 November 2022
Finalisation of Basis of Allotment17 November 2022
Initiation of refunds18 November 2022
Transfer of shares to demat accounts21 November 2022
Kaynes Technology IPO Listing Date22 November 2022
Opening Price on NSEINR 778 per share (up 32.54%)
Closing Price on NSEComing soon

Kaynes Technology IPO FAQs

How many shares in Kaynes Technology IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Kaynes Technology Public Offer?

The best way to apply in Kaynes Technology public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Kaynes Technology IPO GMP today?

Kaynes Technology IPO GMP today is INR 180 per share.

What is Kaynes Technology kostak rate today?

Kaynes Technology kostak rate today is INR NA per application.

What is Kaynes Technology Subject to Sauda rate today?

Kaynes Technology Subject to Sauda rate today is INR NA per application.


Please enter your comment!
Please enter your name here