Kaynes technology ipo gmp

Kaynes Technology IPO description – The company is leading in the field of the Electronics System & Design Manufacturing (ESDM). It 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. In addition to Mumbai, Kaynes has centers at Bangalore, Delhi as well as at Cochin for Support Services. Its business is classified based on the stage of services that it provides to its customers as under the following business verticals: OEM – Turnkey Solutions – Box Build: It undertakes “Build To Print” or “Build to Specifications” of complex box builds, sub-systems and products across various industry verticals. OEM – Turnkey Solutions – PCBA: It undertakes turnkey electronics manufacturing services of PCBAs, cable harness, magnetics and plastics ranging from prototyping to product realization including mass manufacturing. ODM: Services in smart metering technology, smart street lighting, brush less DC (BLDC) technology, inverter technology, gallium nitride based charging technology and providing IoT solutions for making smart consumer appliances or devices IoT connected. • • • • • • • • • • • • Kaynes Technology IPO Details Kaynes Technology IPO Dates 10 – 14 November 2022 Kaynes Technology IPO Price INR 559 – 587 per share Fresh issue INR 530 crore Offer For ...

Going by the signals of the grey market a day before its debut on the bourses on Tuesday, Kaynes Technology is expected to make a stellar listing. Last heard, the company was exchanging hands at a premium of Rs 200 per share in the unofficial market, which translated into 35% of the issue price of Rs 587 apiece. Dealers tracking the grey market suggested that the company's strong fundamentals coupled with decent response and better-than -expected listing on Monday are supporting its prospects. Abhay Doshi, co-founder, UnlistedArena, said despite pricey valuations, the company has a strong business model leading to strong subscription during the three-day bidding process. “Investors shall book part listing gains on Day One and part within a week, considering the price movement,” he added. “It can be further purchased on dips later on for long-term investment.” The company’s Rs 858-crore IPO was sold in the range of Rs 559-587 per share, and received a solid investor response, getting a subscription of more than 34.16 times between November 10 and 14. The quota reserved for qualified institutional buyers (QIBs) was subscribed 98.47 times while the one reserved for non-institutional investors (NIIs) and retailers was subscribed 21.21 times and 4.1 times, respectively. Ravi Singhal, CEO, GCL Securities, said Kaynes has a very strong business model. “One can put a target of Rs 1,000 on the counter, whereas listing is expecting the range of Rs Rs 765-835 apiece.” Manoj kumar Dal...

Synopsis The quota reserved for qualified institutional buyers (QIBs) was subscribed 98.47 times while the one reserved for non-institutional investors (NIIs) and retailers was subscribed 21.21 times and 4.1 times, respectively. Majority of the brokerage firms remain positive on the company citing its strong order book and growth prospects. NEW DELHI: Kaynes Technology Limited (KTL), whose initial public offering (IPO) received a strong response during the three-day bidding process, is likely to announce its allotment status on Friday, November 18. Incorporated in 2008, Kaynes provides manufacturing and life-cycle support for players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, internet of things (IoT), IT and other segments. Last heard, the shares of Kaynes Technology were commanding a premium of around Rs 195-200 in the grey market, hinting for a strong listing pop. The premium has marched higher in the unofficial market after recent listings. The company's Rs 858 crore-IPO was sold in the range of Rs 559-587 per share, and received a solid investor response, getting a subscription of more than 34.16 times between November 10-14. 1) Visit 2) Under the issue type, click Equity 3) Under the issue name, select Kaynes Technology Limited in the dropbox 4) Write the application number 5) Add the PAN card ID 6) Click on 'I am not a Robot' and hit submit You can also check the allotment status on the online portal of Link Intime ...

IPO Grey Market Premium (GMP) is trending for Spectrum Talent Management, IKIO Lighting, Sonalis Consumer Products, Cosmic CRF, Urban Enviro Waste Management, Bizotic Commercial, HMA Agro Industries, Cell Point (India), Vilin Bio Med, Essen Speciality Films IPO. Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. GMP or Grey Market Premium adding to issue price gives the estimated listing price of the IPO share. Here we are reporting the GMP of all upcoming and current IPOs along with Kostak price. Estimated Listing Price is also calculated by adding up GMP and IPO cap price. -- NA Upcoming 15-Jun-2023 11:23:47 AM 25 132 (23.36%) 107 Upcoming 23-Jun-2023 27-Jun-2023 6-Jul-2023 15-Jun-2023 05:29:26 PM -- 585 (0.00%) 585 Upcoming 20-Jun-2023 23-Jun-2023 4-Jul-2023 15-Jun-2023 08:00:08 AM 4 64 (6.67%) 60 Upcoming 19-Jun-2023 21-Jun-2023 30-Jun-2023 15-Jun-2023 05:29:46 PM -- 30 (0.00%) 30 Upcoming 16-Jun-2023 21-Jun-2023 30-Jun-2023 15-Jun-2023 08:00:08 AM Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... 12 112 (12.00%) 100 Open 15-Jun-2023 20-Jun-2023 29-Jun-2023 15-Jun-2023 05:28:57 PM 10 340 (3.03%) 330 Open 14-Jun-2023 16-Jun-2023 26-Jun-2023 15-Jun-2023 05:27:41 PM 2 177 (1.14%) 175 Open 12-Jun-2023 ...

Kaynes Technology IPO: The initial public offering (IPO) of Kaynes Technology India Ltd opened for subscription on 10th November 2022 and after two days of subscription, the public issue has been subscribed 1.10 times. Its retail portion has been subscribed 0.47 times whereas the public offer has been oversubscribed 3.22 times in first two days of bidding. Meanwhile, shares of Kaynes Technology India Ltd are available at a premium of ₹85 per share in grey market today. Kaynes Technology IPO GMP today Market observers said that Kaynes Technology grey market premium (GMP) today is ₹85, which is ₹10 higher from its Friday GMP of ₹75 per equity share. This means, grey market is expecting that Kaynes Technology IPO listing would be around ₹672 ( ₹587 + ₹85), which is around 14 per cent higher from its price band of ₹559 to ₹587 per equity share. They said that grey market has gone bullish on the public issue after change in sentiments on Dalal Street. Kaynes Technology IPO subscription status After two days of bidding, the public issue worth ₹857.82 crore has been subscribed 1.10 times whereas its retail portion has been subscribed 0.47 times. In employees category, the public offer has been subscribed 3.22 times while in QIB category, the IPO has been subscribed 2.45 times. Kaynes Technology IPO: Apply or not? On whether one should buy Kaynes Technology IPO or not, Anand Rathi says, "On the valuation front at the upper band of the IPO price Kaynes is demanding PE of 81.9x its ...

• Kaynes Technology will announce its share allotment status today on November 17. • The IPO received strong demand from investors as it was subscribed 34.16 times. • The qualified institutional investors portion of the IPO was subscribed 98.47 times. The retail portion however was subscribed by four times over. • The IPO will be listed on November 22 on exchanges. Mysore-based Kaynes Technology will announce the allotment status of its initial public offering (IPO) today, November 17. The IPO was open for subscription from November 10-14. The IPO received strong demand from investors as it was subscribed 34.16 times. The qualified institutional investors portion of the IPO was subscribed 98.47 times. The retail portion, however, was subscribed four times over. The IPO consists of a fresh issue of shares worth ₹530 crore and an offer for sale by promoters and shareholders worth ₹327 crore. Kaynes Technology is an internet-of-things (IoT) solutions-enabled integrated electronics manufacturing company. The grey market premium (GMP) of the company’s shares stood at ₹120 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges. The company intends to use the proceeds of the fresh issue to repay some of its borrowings, funding capital expenditure requirements to expand manufacturing capacity, and towards working capital. Here is how to you can check Kaynes Technology IPO allotment status on stock exchange...

Kaynes Technologies looks set to make a strong market debut on Tuesday. Last heard, the stock was commanding a grey market premium (GMP) of around Rs 150 over the issue price of Rs 587 a piece, suggesting a nearly 26 per cent listing pop for the stock. The GMP for Kaynes Technologies stood in the Rs 200-230 range in the past few days. The Rs 857.82 crore IPO, which ran from November 10 to November 14, got 34.22 times bids. The quota reserved for qualified institutional buyer was subscribed 98.47 times. The portion reserved for non-institutional investors was subscribed 21.21 times bids. Employee portion was subscribed 11.89 times while the retail portion saw a subscription of 4.09 times. The issue price is set at Rs 587 apiece. At the issue price, the PE of Kaynes Technologies stood at 69 times FY22 EPS, which was in line with its listed peers such as Amber Enterprises and Syrma SGS Technology. Kaynes Technology is an end-to-end and IoT solutions enabled integrated electronics manufacturing player. It was one of the first companies to offer design-led electronics manufacturing to original equipment manufacturers (OEMs). Kaynes had an order book of Rs 2,266.26 crore as of June 30. In the listed space, Kaynes Technology competes with Dixon Technologies India, Syrma SGS Technology and Amber Enterprises India. Kaynes Technology has eight strategically located manufacturing facilities in India, in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. ...

Kaynes Technology initial public offer (IPO) will open for subscription on Thursday. The issue, which consist of a fresh issue aggregating Rs 530 crore and an offer for sale of up to 5,584,664 shares, will be sold in the Rs 559-Rs 587. It will conclude on November 14. At upper limit of the price band, post-issue PE works out to 69 times FY22 EPS, which is in line with its listed peers such as Syrma SGS Technology and Amber Enterprises. Last heard, the IPO was commanding a grey market premium of Rs 10-13 per share. Kaynes Technology is an end-to-end and IoT solutions enabled integrated electronics manufacturing player. It has capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.  The company's order book stood at Rs 2,266.26 crore as of June 30. Angel One likes Kaynes Technology for its diversified business model,  strong and consistent financial performance and experienced management team. What it does not like is the fact that the company is generating a majority of its revenue from its top 10 customer only. Increasing competition in the electronics system design and manufacturing industry is seen as a risk. Against peers, "Kaynes Technology India has better a revenue and PAT CAGRs of 38 per cent and 111 epr cent respectively. But the future growth of the company is currently factored in its price. Thus, we recommend a 'Neutral' rating on the issue." On EV/Sales, Kaynes is demanding a multiple of 4.1 times, which is pre...