Kaynes Technology India Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Kaynes Tech

CMP

4,249.95

+74.80 (1.79%)

₹587

Offer Price

₹ 857.82 Cr

Issue Size

₹ 14,675

Min Investment

34.16x

Times Subscribed

25

Lot size

Time Line

  • 10
    Nov 2022
    Open
  • 14
    Nov 2022
    Close
  • 17
    Nov 2022
    Finalisation of Basis of Allotment
  • 18
    Nov 2022
    Initiation of Refunds
  • 21
    Nov 2022
    Transfer of Shares to Demat Account
  • 22
    Nov 2022
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Focus on full product / box build capabilities

  • Leverage its research and development capabilities to continue to diversify product portfolio and provide value-added services

  • Focus on expansion across each vertical to capitalize on industry opportunity

  • Continue to expand its customer base to focus on large customers

  • Expand manufacturing capacity at its existing facilities and set-up additional strategically located facilities

Products & Services

  • 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

  • Internet of Things ("IoT") solutions enabled integrated electronics manufacturing player with end-to-end capabilities across the Electronics System Design and Manufacturing spectrum.

  • Diversified business model with portfolio having applications across industry verticals

  • Long-standing relationships with 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

Financials

All values in Cr

Mar-2023 Mar-2022 Mar-2023 3-Yr trend
Revenue 1,126.11 (59.50%) 24.29 (-) 13.14 (-45.90%)
Gross Profit 1,126.11 (59.50%) 24.29 (-) 13.14 (-45.90%)
Net Income 1,126.11 (59.50%) 24.29 (-) 13.14 (-45.90%)
Assets 1,126.11 (59.50%) 24.29 (-) 13.14 (-45.90%)
Liabilities 1,126.11 (59.50%) 24.29 (-) 13.14 (-45.90%)

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

  • IIFL Securities Ltd
  • Dam Capital Advisors 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

  • 15 Nov 2022, 10:49 AM

    Kaynes Technology India IPO ends with strong subscription

  • 14 Nov 2022, 17:37 PM

    Kaynes Technology India IPO subscribed 34.16 times

  • 10 Nov 2022, 17:32 PM

    Kaynes Technology India IPO subscribed 23%

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