Everything you need to know about the Kaynes Technology India Limited IPO

Kaynes Technology India Limited, with its 5 subsidiaries, is an end-to -end and Internet of Things ( IoT) solutions enabled integrated electronics manufacturer across the entire spectrum of electronics system design and manufacturing (ESDM) services.

It provides conceptual design, process engineering, integrated manufacturing and life-cycle support to the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, IoT, IT and other industries at various stages.

It has 8 manufacturing facilities spread across India: Karnataka, Haryana, Himachal Pradesh, Tamil Nadu and Uttarakhand and an R&D facility in Mysore, Karnataka. Thes have 10 global accreditations making it the most certified ESDM company in India.

As of June 30, 2022, it had a combined capacity to assemble over 1,500 million (on an annualized basis) components and an exclusive line for Green Manufacturing.

As of June 30, 2022, it served 229 customers in 21 countries and multiple industry verticals.

Revenue from exports (as a percentage of total revenue):

Period ended Revenue from exports
June 30, 2022 12.68%
March 31, 2022 19.99%
March 31, 2021 25.64%
March 31, 2020 20.51%

Financial Snapshot (Rs in Cr)

Period Ended Revenue from operations EBITDA PAT ROCE EPS
June 30, 2022 199.27 24.57 10.05 5.54% 2.14
March 31, 2022 706.25 93.67 41.68 24.44% 9.70
March 31, 2021 420.63 40.89 9.73 13.47% 2.28
March 31, 2020 368.24 41.33 9.36 14.42% 2.32

For more information, you can check the IPO Prospectus filed by the company :point_down:

Important information regarding the IPO

Issue Period 10th November -14th November 2022
Price Band ₹ 559-587
Minimum Bid Quantity 25 and multiples thereof
Face Value ₹ 10
Number of Shares 1,46,13,624 shares
Issue size ₹857.82 Cr
Date of Allotment 17th November, 2022
Initiation of Refund 18th November, 2022
Credit of shares 21st November, 2022
Date of Listing 22nd November, 2022
Mandate end date 29th November, 2022
Anchor Investors Lock-in End Date 14th December, 2022

How do I apply for Kaynes Technology India Limited IPO?

You can apply for it using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Kaynes Technology India Limited IPO?

You can check the allotment status on the website of the Registrar and Transfer agent .

Alternatively, you can also check the allotment status on the NSE website.

4 Likes

Kaynes ipo shares still not credited, if I don’t get to sell tomorrow morning then who will bear the loss?

Hi @PR4575, the shares are credited. These shares will show in your holdings on Kite on the day of listing. You should be able to see the shares today.