Kaynes ipo gmp

Kaynes Technology India Ltd IPO Company Profile : Kaynes Technology India Ltd is an 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. The company has 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. The company has long-term relationships with a large customer base diversified across verticals and geographies. In the three months ended June 30, 2022, it served 229 customers in 21 countries globally and multiple industry verticals such as automotive, aerospace and defense, industrial, railways, medical, and IT / ITES. Kaynes Technology India Ltd IPO Details: IPO Open Date 10 th November 2022 IPO Close Date 14 th November 2022 Listing Date 22 nd November 2022 Face Value ₹10 per share Price ₹559 to ₹587 per share Lot Size 25 Shares Issue Size 14,613,624 shares (aggregating up to ₹857.82 Cr) Fresh Issue 9,028,960 shares (aggregating up to ₹530.00 Cr) Offer for Sale 5,584,664 shares (aggregating up to ₹327.82 Cr) Employee Discount 15 Issue Type Book Built Issue IPO Listing At BSE, NSE QIB Shares Offered Not more than 50% of the Offer NII (HNI) Shares Offered Not less than 15% of the Of...

Adipurush Review: Netizens Give Their Verdict On Twitter © Provided by The Indian Express Kaynes Technology IPO GMP today: The initial public offering (IPO) of Kaynes Technology India, an IoT solutions-enabled integrated electronics manufacturing company, opened for subscription on Thursday, November 10, 2022. It opened for public subscription at 10 am and was subscribed around 5 per cent by 2:39 pm on the first day of bidding. It received total bids for 5,73,575 shares across both the stock exchanges against 1,04,70,246 shares on offer, data from National Stock Exchange (NSE) showed. The Rs 3,413 crore Kaynes Technology IPO will be available for subscription till Monday, November 14, 2022, and the price band of the company has been fixed at Rs 559-587 per share. Kaynes Technology IPO comprises a fresh issue of Rs 530 crore and an offer for sale of up to 55,84,664 equity shares. The OFS comprises sale of 20,84,664 equity shares by promoter Ramesh Kunhikannan and 35,00,000 equity shares by existing shareholder Freny Firoze Irani. The net proceeds from the fresh issue will be used for repayment/prepayment of certain borrowings availed by the company, funding capital expenditure towards the expansion of the existing manufacturing facility at Mysuru, Karnataka, and near their existing manufacturing facility at Manesar, Haryana, investment in their wholly owned subsidiary Kaynes Electronics Manufacturing Pvt Ltd, setting up a new facility at Chamarajanagar, Karnataka, funding w...

Kaynes Technology India latest IPO GMP Today is ₹185(+/-3), last updated on Nov 22nd 2022 07:24 AM. Given at the price band of 587, the estimated listing price for the Kaynes Technology India IPO is ₹772 (cap price + today's GMP). The expected gain/loss per share in terms of percentage is 31.52%. We update GMP on daily basis and based on the last 16 sessions grey market activities, Today's IPO GMP trend indicates Upside and expects a strong listing. With this, retail investors should apply in this IPO with full force. The lowest GMP is recorded at ₹0 while the highest GMP is ₹227. Stay tuned with us to know the day-by-day Kaynes Technology India IPO GMP Performance along with its expected listing price. Kaynes Technology India Day-wise IPO GMP Trend GMP Date GMP S2S Estimated Listing Price Last Updated Time 22-11-2022 ₹185 - ₹772 (31.52%) 22-Nov-2022 06:24:14 AM 21-11-2022 ₹151 5000 ₹738 (25.72%) 21-Nov-2022 07:22:33 PM 20-11-2022 ₹222 5000 ₹809 (37.82%) 20-Nov-2022 08:38:21 AM 19-11-2022 ₹220 5000 ₹807 (37.48%) 19-Nov-2022 04:07:53 PM 18-11-2022 ₹227 900 ₹814 (38.67%) 18-Nov-2022 07:55:34 PM 17-11-2022 ₹205 900 ₹792 (34.92%) 17-Nov-2022 07:18:49 PM 16-11-2022 ₹125 900 ₹712 (21.29%) 16-Nov-2022 06:37:16 AM 15-11-2022 ₹125 900 ₹712 (21.29%) 15-Nov-2022 03:34:39 PM 14-11-2022 ₹138 900 ₹725 (23.51%) 14-Nov-2022 03:26:24 PM 13-11-2022 ₹115 900 ₹702 (19.59%) 13-Nov-2022 08:03:21 AM 12-11-2022 ₹115 900 ₹702 (19.59%) 12-Nov-2022 04:09:06 PM 11-11-2022 ₹87 900 ₹674 (14.82%) 11-Nov...

The grey market premium (GMP) of Kaynes Technology IPO surged 53 per cent on the last day of subscription on November 14. The GMP of Kaynes Technology IPO stood at Rs 130 on November14 against the GMP of Rs 85 on November 12, according to IPOWatch.  The 53 per cent surge in the GMP came on a day when the issue was subscribed 34.16 times on the final day of bidding. This implies that the Kaynes Technology stock is likely to be listed at Rs 717 (Rs 587 plus Rs 130) on the bourses. The price band of the issue is Rs 559 to Rs 587 per share. The GMP of the IPO remained unchanged at Rs 130 today.  The IPO of the leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company was open from November 10 to November 14.  The issue received bids for 35,76,21,075 crore equity shares against the IPO size of 1,04,70,246 shares. The quota for qualified institutional buyers (QIBs) was subscribed 98.47 times while the category for non-institutional investors saw 21.21 times subscription. The portion for retail individual investors (RIIs) was subscribed 4.09 times and that for employees received bids 11.89 times the issue size. The company had reserved half of the offer for qualified institutional buyers, 35 percent for retail investors, and the rest 15 percent for non-institutional investors or high networth individuals.  The company has raised Rs 857.8 crore through its public issue at the upper end of the price band. The company will carry out the allotme...

• • • • Kaynes Technology IPO Share Allotment today: Here’s how to check status online Kaynes Technology IPO Share Allotment today: Here’s how to check status online Kaynes Technology IPO GMP, Allotment Status, Price, Details: The shares of IoT solutions-enabled integrated electronics manufacturer Kaynes Technology India will get allotted to investors on Thursday, November 17. Here is how to check if you have been allotted the shares. Kaynes Technology IPO Share Allotment today: The initial public offering (IPO) of Kaynes Technology India, an IoT solutions-enabled integrated electronics manufacturing company, was subscribed 34.16 times over the 1.04 crore shares that were on offer during the subscription period from November 10-14, 2022. The price band was fixed at Rs 559-587 per share. Kaynes Technology IPO received bids of over 35.76 crore (35,76,59,500) shares against the total issue size of over 1.04 crore (1,04,70,246) shares, data available with the National Stock Exchange (NSE) showed. The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 98.47 times, while those of non institutional investors was subscribed 21.21 times and that of retail individual investors (RIIs) was subscribed 4.10 times. Separately, the employees’ portion was subscribed 11.92 times, the data showed. The Rs 3,413 crore Kaynes Technology The company plans to utilise the net proceeds for repayment/prepayment of certain borrowings, funding capital expendi...

Kaynes Technology India Limited's (KTIL) initial public offering (IPO) opened for public subscription on Thursday, November 10, 2022 and will conclude today i.e., Monday, November 14. The price band for the issue is ₹559-587 per share. The company collected ₹257 crore from anchor investors ahead of its initial share sale. As per market observers, Kaynes Tech shares are available at a premium (GMP) of ₹115 in the grey market today, higher from ₹75 in the previous session. The company's shares are expected to list on November 22, 2022. Proceeds from the fresh issue will be used to repay debt, funding capital expenditure for its manufacturing facilities at Mysore and Manesar and funding working capital requirements. The company also plans to invest in its arm Kaynes Electronics Manufacturing Pvt Ltd for setting up a new facility at Chamarajanagar in Karnataka. “On the valuation front at the upper band of the IPO price Kaynes is demanding PE of 81.9x its TTM earnings attributable to post issue equity demanding a market cap of Rs. 34,129 million which we believe is fairly priced considering its decent historical growth, strong revenue visibility and growing demand of automation across underlying industries. We recommend ‘SUBSCRIBE for long term’ rating to this IPO," said Anand Rathi. Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, ...

Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing and life-cycle support for major players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, Internet of Things ("IoT"), Information Technology ("IT") and other segments. The company is among the first companies in India to offer design-led electronics manufacturing to original equipment manufacturers ("OEMs"). The company's operations are classified under the following business verticals: OEM - Turnkey Solutions - Box Build ("OEM - Box Build"). OEM - Turnkey Solutions - Printed Circuit Board Assemblies ("PCBAs") ("OEM - Turnkey Solutions"). ODM: The company offers ODM services in smart metering technology, smart street lighting, and brushless DC ("BLDC") technology. Product Engineering and IoT Solutions: The company offer conceptual design and product engineering services in industrial and consumer segments. Kaynes Technology operates eight manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. As of June 30, 2022, the company's research and development team comprised 19 employees, including engineers, designers and other workers. In nine months ended June 30, 2022, The company served 229 customers in 21 countries globally and multiple industry v...

• • • • Kaynes Technology IPO opens today: All you need to know Kaynes Technology IPO opens today: All you need to know Kaynes Technology India Ltd IPO, Check Issue Date, Price, Details: The Rs 3,413 crore initial public offering (IPO) of IoT solutions-enabled integrated electronics manufacturer Kaynes Technology India is available from November 10-14, 2022. It has a price band of Rs 559-587 per share. Kaynes Technology IPO GMP today: The initial public offering (IPO) of Kaynes Technology India, an IoT solutions-enabled integrated electronics manufacturing company, opened for subscription on Thursday, November 10, 2022. It opened for public subscription at 10 am and was subscribed around 5 per cent by 2:39 pm on the first day of bidding. It received total bids for 5,73,575 shares across both the stock exchanges against 1,04,70,246 shares on offer, data from National Stock Exchange (NSE) showed. The Rs 3,413 crore Kaynes Technology Monday, November 14, 2022, and the price band of the company has been fixed at Rs 559-587 per share. Kaynes Technology IPO comprises a fresh issue of Rs 530 crore and an offer for sale of up to 55,84,664 equity shares. The OFS comprises sale of 20,84,664 equity shares by promoter Ramesh Kunhikannan and 35,00,000 equity shares by existing shareholder Freny Firoze Irani. The net proceeds from the fresh issue will be used for repayment/prepayment of certain borrowings availed by the company, funding capital expenditure towards the expansion of the e...

• • • • Kaynes Technology IPO Share Allotment today: Here’s how to check status online Kaynes Technology IPO Share Allotment today: Here’s how to check status online Kaynes Technology IPO GMP, Allotment Status, Price, Details: The shares of IoT solutions-enabled integrated electronics manufacturer Kaynes Technology India will get allotted to investors on Thursday, November 17. Here is how to check if you have been allotted the shares. Kaynes Technology IPO Share Allotment today: The initial public offering (IPO) of Kaynes Technology India, an IoT solutions-enabled integrated electronics manufacturing company, was subscribed 34.16 times over the 1.04 crore shares that were on offer during the subscription period from November 10-14, 2022. The price band was fixed at Rs 559-587 per share. Kaynes Technology IPO received bids of over 35.76 crore (35,76,59,500) shares against the total issue size of over 1.04 crore (1,04,70,246) shares, data available with the National Stock Exchange (NSE) showed. The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 98.47 times, while those of non institutional investors was subscribed 21.21 times and that of retail individual investors (RIIs) was subscribed 4.10 times. Separately, the employees’ portion was subscribed 11.92 times, the data showed. The Rs 3,413 crore Kaynes Technology The company plans to utilise the net proceeds for repayment/prepayment of certain borrowings, funding capital expendi...

Kaynes Technology India Ltd IPO Company Profile : Kaynes Technology India Ltd is an 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. The company has 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. The company has long-term relationships with a large customer base diversified across verticals and geographies. In the three months ended June 30, 2022, it served 229 customers in 21 countries globally and multiple industry verticals such as automotive, aerospace and defense, industrial, railways, medical, and IT / ITES. Kaynes Technology India Ltd IPO Details: IPO Open Date 10 th November 2022 IPO Close Date 14 th November 2022 Listing Date 22 nd November 2022 Face Value ₹10 per share Price ₹559 to ₹587 per share Lot Size 25 Shares Issue Size 14,613,624 shares (aggregating up to ₹857.82 Cr) Fresh Issue 9,028,960 shares (aggregating up to ₹530.00 Cr) Offer for Sale 5,584,664 shares (aggregating up to ₹327.82 Cr) Employee Discount 15 Issue Type Book Built Issue IPO Listing At BSE, NSE QIB Shares Offered Not more than 50% of the Offer NII (HNI) Shares Offered Not less than 15% of the Of...