Kaynes Technology IPO

Kaynes Technology IPO Review

Kaynes Technology IPO Overview

Kaynes Technology, founded in 2008, is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing firm. 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, the company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support.
The firm is one of the first in India to provide original equipment manufacturers with design-led electronics production (“OEMs”).
The operations of the company are divided into the following business verticals:
OEM – Turnkey Solutions – Box Construction (“OEM – Box Build”).
Printed Circuit Board Assemblies (“PCBAs”) – OEM – Turnkey Solutions (“OEM – Turnkey Solutions”).
ODM: The firm provides ODM services in the areas of smart metering, smart street lighting, and brushless DC (“BLDC”) technologies.
Product Engineering and Internet of Things Solutions: The firm provides conceptual design and product engineering services in the industrial and consumer industries.
Kaynes Technology has eight manufacturing plants in India, including Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. Our facilities are close to our consumers, allowing us to meet their needs in a timely and cost-effective manner.
The company’s research and development team has 24 personnel as of December 31, 2021, including engineers, designers, and other workers.
The firm serves 313 clients in 20 countries and numerous industry verticals such as automotive, aerospace and defence, industrial, railroads, medical, and IT / ITES in the nine months ended December 31, 2021.

Kaynes Technology IPO Details

IPO DateNov 10, 2022 to Nov 14, 2022
Listing DateNov 22, 2022
Face Value₹10 per share
Price₹559 to ₹587 per share
Lot Size25 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹857.82 Cr)
Fresh Issue[.] shares of ₹10
(aggregating up to ₹530.00 Cr)
Offer for Sale5,584,664 shares of ₹10
(aggregating up to ₹327.82 Cr)
Employee Discount15
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
Company Promoters

Ramesh Kunhikannan, Savitha Ramesh and RK Family Trust are the company promoters.

Kaynes Technology IPO Financial Performance

Period Ended

Total Assets

Total Revenue

31-Mar-20

378.12

370.17

31-Mar-21

419.37

424.66

31-Mar-22

622.42

710.35

30-Jun-22

763.26

199.98

Amount in ₹ Crore

Period Ended

Profit After Tax

Net Worth

Total Borrowing

31-Mar-20

9.36

95.76

143.83

31-Mar-21

9.73

136.51

139.47

31-Mar-22

41.68

201.82

169.55

30-Jun-22

10.05

212

186.38

Amount in ₹ Crore

Kaynes Technology IPO Key Ratios

 

FY 2019

FY 2020

EPS

2.38

2.32

RONW (%)

11.46

9.90

NAV

20.74

23.47

ROCE (%)

12.94

14.42

EBITDA (%)

9.62

11.22

Debt/Equity

1.84

1.50

 

FY 2021

FY 2022

EPS

2.15

8.93

PE ratio

62.60 – 65.73

RONW (%)

6.87

20.54

NAV

29.57

43.12

ROCE (%)

13.47

24.44

EBITDA (%)

9.72

13.26

Debt/Equity

1.02

0.84

Listing Performance of Kaynes Technology IPO

Listed On : BSE, NSE

Issue Price : ₹559 to ₹587 per share

Listing Day Close : NA

Listing Day Gain : NA

Kaynes Technology IPO ISIN Number Code

NSE : NA

ISIN CODE : NA

BSE : NA

Kaynes Technology IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Kaynes Technology IPO Important Dates

Opening Date

Nov 10, 2022

Closing Date

Nov 14, 2022

Basis of Allotment

Nov 17, 2022

Initiation of Refunds

Nov 18, 2022

Credit of Shares to Demat

Nov 21, 2022

Listing Date

Nov 22, 2022

Kaynes Technology IPO Contact Details

Kaynes Technology India Limited
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 Details

Link Intime India Private Ltd

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

Kaynes Technology IPO FAQ's

The Kaynes Technology IPO is a BSE, NSE IPO of ₹559 to ₹587 per equity share with a face value of 10 per equity share.
The issue size is priced at [.] shares of ₹10 (aggregating up to ₹857.82 Cr).
The fresh issue size priced at [.] shares of ₹10 (aggregating up to ₹530.00 Cr).                                                       The Offer for sale priced at 5,584,664 shares of ₹10 (aggregating up to ₹327.82 Cr)

The initial public offering (IPO) begins on Nov 10, 2022 and ends on Nov 14, 2022.
The registrar for the IPO is Link Intime India Private Ltd.

The Kaynes Technology IPO opens on Nov 10, 2022 and closes on Nov 14, 2022. The IPO Issue date list on Nov 22, 2022.

Kaynes Technology IPO Market lot size is 25 Shares and the minimum order quantity is 25 Shares.

The finalisation of Basis of Allotment for Kaynes Technology IPO will be done on Nov 17, 2022. and the allotted shares will be credited to your demat account by Nov 21, 2022. Check the Kaynes Technology IPO status.

The Kaynes Technology IPO listing date is on Nov 22, 2022.

Kaynes Technology IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Kaynes Technology IPO Comments