Kaynes Technology India Ltd IPO
CMP
5,309.25
-24.00 (-0.45%)
₹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%
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