Kaynes Technology India Ltd IPO
CMP
6,752.05
+154.90 (2.35%)
₹587
Offer Price
₹ 857.82 Cr
Issue Size
₹ 14,675
Min Investment
34.16x
Times Subscribed
25
Lot size
Time Line
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10Nov 2022Open
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14Nov 2022Close
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17Nov 2022Finalisation of Basis of Allotment
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18Nov 2022Initiation of Refunds
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21Nov 2022Transfer of Shares to Demat Account
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22Nov 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 3
14 Nov 2022
34.16x
QIB
98.47
NIB
21.21
Retail
4.10
Employee
11.92
Day 2
11 Nov 2022
1.10x
QIB
2.45
NIB
0.77
Retail
0.47
Employee
3.22
Day 1
10 Nov 2022
0.23x
QIB
0.52
NIB
0.10
Retail
0.12
Employee
2.04
Objects of the Offer
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Focus on full product / box build capabilities
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Leverage its research and development capabilities to continue to diversify product portfolio and provide value-added services
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Focus on expansion across each vertical to capitalize on industry opportunity
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Continue to expand its customer base to focus on large customers
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Expand manufacturing capacity at its existing facilities and set-up additional strategically located facilities
Products & Services
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The Company 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 services.
Strengths
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Internet of Things ("IoT") solutions enabled integrated electronics manufacturing player with end-to-end capabilities across the Electronics System Design and Manufacturing spectrum.
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Diversified business model with portfolio having applications across industry verticals
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Long-standing relationships with marquee customer base
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Global certifications for each industry vertical catered to and multiple facilities across India with advanced infrastructure
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Strong supply chain and sourcing network
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 420.63 (14.20%) | 706.25 (67.90%) | 1,126.11 (59.50%) | |
| Gross Profit | 20.95 (6.60%) | 72.19 (244.60%) | 144.78 (100.60%) | |
| Net Income | 9.73 (2.60%) | 41.68 (328.40%) | 95.20 (128.40%) | |
| Assets | 288.67 (11.40%) | 393.77 (36.40%) | 1,120.13 (184.50%) | |
| Liabilities | 150.01 (-4.10%) | 191.18 (27.40%) | 161.09 (-15.70%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| Kaynes Technology India Ltd | 706.25 | 41.68 | 393.77 | 191.18 | 20.54 | 9.03 | 43.81 | 2.12 | 0.43 |
| Dixon Technologies (India) Ltd | 10,697.08 | 190.17 | 4,277.17 | 4,277.17 | 19.07 | 32.00 | 168.04 | 4.44 | 0.46 |
| Amber Enterprises India Ltd | 4,206.40 | 109.19 | 4,912.46 | 4,912.46 | 6.29 | 32.41 | 526.17 | 2.22 | 0.59 |
| Syrma SGS Technology Ltd | 1,019.72 | 55.54 | 1,154.21 | 1,154.21 | 9.70 | 4.94 | 42.36 | 4.81 | 0.34 |
Book Running Managers
- Dam Capital Advisors Ltd
- IIFL Securities Ltd
Registrar & Transfer Agent
Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
23-25 Belagola Food Indl.Estat,Metagalli P O,
Mysore - 570016 Phone : 91-8212-582595 Email : kaynestechcs@kaynestechnology.net www.kaynestechnology.co.in
Offer Related Information
Initial public offering of 14,613,624^ equity shares of face value of Rs. 10 each ("Equity Shares") of Kaynes Technology India Limited ("Company" or "Issuer") for cash at a price of Rs. 587 per equity share (including a share premium of Rs. 577 per equity share) ("Offer Price") aggregating to Rs. 857.82 crores^ (the "Offer") comprising a fresh issue of 9,028,960^ equity shares aggregating to Rs. 530.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 5,584,664^ equity... More
News
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15 Nov 2022, 10:49 AM
Kaynes Technology India IPO ends with strong subscription
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14 Nov 2022, 17:37 PM
Kaynes Technology India IPO subscribed 34.16 times
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10 Nov 2022, 17:32 PM
Kaynes Technology India IPO subscribed 23%
Kaynes Technology India Ltd IPO FAQ's
The shares of Kaynes Tech were first listed on the stock exchanges on June 26, 2024.
The total issue size of the Kaynes Tech IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for Kaynes Tech public issue was 125 shares.
The price band of the IPO of Kaynes Tech was Rs. 114 to Rs. 120 per equity share.
Kaynes Tech IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of Kaynes Tech IPO.
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