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.
Promoters of Kaynes Technology – Ramesh Kunhikannan, Savitha Ramesh and RK Family Trust
Kaynes Technology IPO Details
| Kaynes Technology IPO Dates | 10 – 14 November 2022 |
| Kaynes Technology IPO Price | INR 559 – 587 per share |
| Fresh issue | INR 530 crore |
| Offer For Sale | 5,584,664 shares (up to INR 327.82 crore) |
| Total IPO size | INR 842.18 – 857.82 crore |
| Minimum bid (lot size) | 25 shares (INR 14,675) |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Kaynes Technology Financial Performance
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 366.60 | 370.17 | 424.66 | 710.35 |
| Expenses | 353.03 | 358.89 | 413.79 | 651.38 |
| Net income | 9.60 | 10.07 | 8.85 | 41.27 |
| Margin (%) | 2.62 | 2.72 | 2.08 | 5.81 |
Kaynes Technology Offer News
Kaynes Technology Valuations & Margins
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| EPS | 2.38 | 2.32 | 2.15 | 8.93 |
| PE ratio | – | – | – | 62.60 – 65.73 |
| RONW (%) | 11.46 | 9.90 | 6.87 | 20.54 |
| NAV | 20.74 | 23.47 | 29.57 | 43.12 |
| ROCE (%) | 12.94 | 14.42 | 13.47 | 24.44 |
| EBITDA (%) | 9.62 | 11.22 | 9.72 | 13.26 |
| Debt/Equity | 1.84 | 1.50 | 1.02 | 0.84 |
Kaynes Technology IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 21 Nov 2022 | 180 | – | – |
| 19 Nov 2022 | 150 | – | – |
| 18 Nov 2022 | 150 | 700 | 1,200 |
| 17 Nov 2022 | 130 | 600 | 1,000 |
| 16 Nov 2022 | 110 | 550 | 1,000 |
| 15 Nov 2022 | 100 | 500 | 900 |
| 14 Nov 2022 | 90 | 500 | 900 |
| 12 Nov 2022 | 70 | 300 | 900 |
| 11 Nov 2022 | 50 | 300 | 600 |
| 10 Nov 2022 | 20 | – | – |
Kaynes Technology IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
| Shares Offered | 29,23,888 | 22,55,858 | 52,63,667 | 26,833 | 1,04,70,246 |
| 14 Nov 2022 | 98.47 | 21.21 | 4.10 | 11.92 | 34.16 |
| 11 Nov 2022 | 2.45 | 0.77 | 0.47 | 3.22 | 1.10 |
| 10 Nov 2022 | 0.52 | 0.10 | 0.12 | 2.04 | 0.23 |
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
KAYNES TECHNOLOGY INDIA LIMITED
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 Date | 10 November 2022 |
| Kaynes Technology IPO Closing Date | 14 November 2022 |
| Finalisation of Basis of Allotment | 17 November 2022 |
| Initiation of refunds | 18 November 2022 |
| Transfer of shares to demat accounts | 21 November 2022 |
| Kaynes Technology IPO Listing Date | 22 November 2022 |
| Opening Price on NSE | INR 778 per share (up 32.54%) |
| Closing Price on NSE | Coming 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.
