Kaynes Technology IPO

Kaynes Technology India Ltd.

₹13,975 /25 sharesMinimum Investment

Kaynes Technology IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹587.00₹766.00₹179.00 (30.49%)

Kaynes Technology IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
10 Nov ‘22 - 14 Nov ‘22₹13,97525₹559 - ₹587
Issue SizeIPO Doc
857.82Cr
RHP PDF

Subscription Status As on 14 Nov '22, 5:30 PM

  • Qualified Institutional Buyers
    98.47x
  • Non-Institutional Investor
    21.21x
  • Retail Individual Investor
    4.09x
  • Employees
    11.89x
  • Total
    34.16x

About Kaynes Technology

Kaynes Technology India is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services. It has over three decades of experience in providing conceptual design, process engineering, integrated manufacturing, and life-cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things (IoT), Information Technology (IT) and other segments. Its manufacturing infrastructure enables it to undertake a high-mix and high-value addition of products across industry verticals with the ability to produce such products at variable or flexible volumes.;
Parent Organisation
Kaynes Technology India Ltd.
Founded
2008
Managing Director
Ramesh Kunhikannan

Strengths & Risks

  • Internet of Things (IoT) solutions enabled integrated electronics manufacturing player with end-to-end capabilities across the Electronics System Design and Manufacturing spectrum.
  • A diversified business model with portfolio having applications across industry verticals.
  • Long-standing relationships with a marquee customer base.
  • Global certifications for each industry vertical catered to and multiple facilities across India with advanced infrastructure.
  • Strong supply chain and sourcing network.
  • Track record of consistent financial performance.
  • Experienced Promoters and senior management with extensive knowledge of the sector.
  • The company’s business is dependent on the sale of products of its customers. Hence, the loss of one or more such customers or a reduction in demand for their products could adversely affect its business.
  • No firm commitment agreements with its customers.
  • A downward trend in the original equipment manufacturers (OEMs)/original design manufacturing (ODMs) business and/or demand for its internet of things (IoT) solutions.
  • Any slowdown, shutdown, or disruption in its manufacturing facilities that may be caused by natural and other disasters causing unforeseen damages.
  • Failure to comply with quality standards may lead to the cancellation of existing and future orders.
  • Any increase in the cost of inputs including materials, power and fuel, packing, and forwarding.

Financials

*All values are in Rs. Cr
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