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.
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.
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)
|Category||Day 1||Day 2||Day 3|
Kaynes Technology IPO Details
|Description||Kaynes 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|
Kaynes Technology IPO Financials (Restated)
|Period Ended||Total Assets||Total Revenue||Profit After Tax||Net Worth||Total Borrowing|
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 Lot Size
The promoters of the Company, are namely, Ramesh Kunhikannan, Savitha Ramesh, and RK Family Trust.
Kaynes Technology IPO Registrar
Phone: +91-22-4918 6270
Kaynes Technology IPO Company Address
Kaynes Technology India Ltd
Food Industrial Estate,
Metagalli P.O., Mysore – 570016,
Phone: +91 82125 82595
How to Apply Kaynes Technology IPO?
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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.