Kaynes Technology IPO Date, Review, GMP

Kaynes Technology IPO will open on 10 Nov 2022 and will close on 14 Nov 2022 and its LOT size is 25 shares.

Kaynes Technology IPO GMP Price

The GMP Price of Kaynes Technology IPO is Rs. ( ) as per Market search.

IPO Objective

The company proposes to utilise the Net Proceeds towards funding the following objects:

1. Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.

2. Funding capital expenditure towards expansion of the existing manufacturing facility at Mysore, Karnataka, and near the existing manufacturing facility at Manesar, Haryana.

3. Investment in the wholly owned Subsidiary, Kaynes Electronics Manufacturing Private Limited, for setting up a new facility at Chamarajanagar, Karnataka.

4. Funding working capital requirements of the Company.

5. General corporate purposes.

About Company

Kaynes Technology IPO will open on 10 Nov 2022 and will close on 14 Nov 2022. The price band is Rs.559-587 per equity share and a lot of shares are 25. They are going to be listed on BSE NSE.

Kaynes Technology IPO Subscription Status (Live Data)

CategoryDay 1Day 2Day 3
QIB
NII
RII
Total
Kaynes Technology IPO Subscription Status

Kaynes Technology IPO Details

DescriptionKaynes Technology IPO Details
Issue Size(aggregating up to ₹857.82 Cr)
Issue Open  Date 10 Nov 2022
Issue Close Date 14 Nov 2022
IPO Price Band₹559 – ₹587
Face Value ₹10 per share
Market Lot 25 Shares
Minimum Order Quantity 25 Shares
Listing  BSE NSE
Kaynes Technology IPO Details

Kaynes Technology IPO Financials (Restated)

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-20378.12370.179.3695.76143.83
31-Mar-21419.37424.669.73136.51139.47
31-Mar-22622.42710.3541.68201.82169.55
30-Jun-22763.26199.9810.05212186.38
Kaynes Technology IPO Financials

Kaynes Technology IPO Important Dates

Offer start 10 Nov 2022
Offer end 14 Nov 2022
Allotment finalization 17 Nov 2022
Refund initiation  18 Nov 2022
Demat transfer 21 Nov 2022
Listing 22 Nov 2022
Kaynes Technology IPO Important Dates

Kaynes Technology IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)125₹14,675
Retail (Max)13325₹190,775
S-HNI (Min)14350₹205,450
B-HNI (Min)681,725₹1,012,575
Kaynes Technology IPO Lot Size

Company Promoters

The promoters of the Company, are namely, Ramesh Kunhikannan, Savitha Ramesh, and RK Family Trust.

Kaynes Technology IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: kaynes.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Kaynes Technology IPO Company Address

Kaynes Technology India Ltd
23-25, Belagola,
Food Industrial Estate,
Metagalli P.O., Mysore – 570016,
Phone: +91 82125 82595
Email: kaynestechcs@kaynestechnology.net
Websitehttps://www.kaynestechnology.co.in/

How to Apply Kaynes Technology IPO?

You can signup or login to Zerodha and apply there.

Also, Check the Upcoming IPO watch list

What is Kaynes Technology IPO?

Kaynes Technology IPO will open on 10 Nov 2022 and close on 14 Nov 2022.

When will Kaynes Technology IPO open?

Kaynes Technology IPO will open on 10 Nov 2022.

When will Kaynes Technology IPO close?

Kaynes Technology IPO will close on 14 Nov 2022.

What is the LOT size of Kaynes Technology IPO?

The LOT size of Kaynes Technology IPO is 25 shares.

Leave a Comment