Kaynes technology ipo gmp ipowatch

Kaynes Technology IPO date is not fixed yet, the IPO is to hit the markets soon as per the market speculations. Kaynes Technology Technologies IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹500 crores and offer for sale up to 7,200,000 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. Kaynes Technology India Limited is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in India. They 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. Kaynes Technology services include Product Design & Engineering, OEM (Original Equipment Manufacturer – Turnkey Solutions – PCBA & Box Build), ODM (Original Design Manufacturing), IoT Solutions, Cable Harness, Automated Test Equipment & Functional Tester, and Third Party Repairs. Kaynes Technology has 35 years of experience in manufacturing with 10 Global Certifications, 250+ Clients, 1500+ Employees, 8 Manufacturing plants, and 2 Service Centers. Their manufacturing facilities are in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. They have Service centers out of Cochin and Mumbai, catering to Railway, Aerospace, Defence, and Industrial Clients. Important Details • Having vast experience in t...

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 ...

Kaynes Technology IPO: Price Band, Lot Size, Issue Size, IPO Dates, GMP And Other Details Here Kaynes Technology IPO: 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 • • • • • Kaynes Technology IPO: The company has fixed price band of Rs 559-587 Kaynes Technology, a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company, share sale via initial public offering (IPO) will open for subscription on November 10and conclude on November 14. The company is planning to raise Rs 857 crore from the IPO which comprises of fresh issue of Rs 530 crore and Offer For Sale worth Rs 327 crore. Here is all you need to know about Kaynes Technology IPO Kaynes Technology IPO Price Band Kaynes Technology has fixed the price band at Rs 559-587 per share and retail investors can bid for minimum one lot of 25 shares and maximum of 13 lots. One lot of Kaynes Technology shares in the IPO will cost Rs 14,675. Also Read: The bidding for anchor investors will open on November 9, according to the Red Herring Prospectus (RHP). The company has cut the fresh issue size to Rs 530 crore from Rs 650 crore planned earlier. Besides, there would be an Offer For Sale (OFS) of up to 55.85 lakh equity shares by a promoter and an existing shareholder. The OFS comprises sale of 20.84 lakh equity shares by promoter Ramesh Kunhikannan and 35 lakh equity ...

The Rs 857.82 crore Kaynes Technology initial public offer (IPO) is ready to open for subscription on Thursday. Ahead of its IPO, the end-to-end and IoT solutions enabled integrated electronics manufacturing player allocated 4,376,421 shares to anchor investors at Rs 587 per share. The IPO consists of a fresh issue aggregating Rs 530 crore and an offer for sale of up to 5,584,664 shares. It will be sold in the Rs 559-Rs 587 price band. At upper limit of the price band, post-issue PE stands at 69 times FY22 EPS, which is in line with its listed peers such as Amber Enterprises and Syrma SGS Technology. Last heard, the IPO was commanding a grey market premium (GMP) of Rs 11-13 per share. "Considering the growth opportunities in the EMS sector due to sector tailwinds and strong fundamentals of Kaynes, we recommend a 'subscribe' rating with a price target of Rs 675 (30 times FY25 P/E), which represents an upside of 15 per cent over the IPO price in 18 months," said Ventura Securities. In its bull case scenario, the brokerage assumed FY25 revenues of Rs 1,800 crore (FY22-25 CAGR of 36.6 per cent), net margin of 9 per cent and FY25 PE of 32 times, to arrive at a target of Rs 892 per share, which suggest a possible 51.9 per cent upside from the issue price. In its bear case scenario, it has FY25 revenues of Rs 1,300 crore (FY22-25 CAGR of 22.6 per cent), net margin of 8 per cent and FY25 PE of 27 times, to suggest a target of Rs 483 per share, suggesting a potential downside of 17...

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 ...

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...

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 ...

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 ...

The Rs 857.82 crore Kaynes Technology initial public offer (IPO) is ready to open for subscription on Thursday. Ahead of its IPO, the end-to-end and IoT solutions enabled integrated electronics manufacturing player allocated 4,376,421 shares to anchor investors at Rs 587 per share. The IPO consists of a fresh issue aggregating Rs 530 crore and an offer for sale of up to 5,584,664 shares. It will be sold in the Rs 559-Rs 587 price band. At upper limit of the price band, post-issue PE stands at 69 times FY22 EPS, which is in line with its listed peers such as Amber Enterprises and Syrma SGS Technology. Last heard, the IPO was commanding a grey market premium (GMP) of Rs 11-13 per share. "Considering the growth opportunities in the EMS sector due to sector tailwinds and strong fundamentals of Kaynes, we recommend a 'subscribe' rating with a price target of Rs 675 (30 times FY25 P/E), which represents an upside of 15 per cent over the IPO price in 18 months," said Ventura Securities. In its bull case scenario, the brokerage assumed FY25 revenues of Rs 1,800 crore (FY22-25 CAGR of 36.6 per cent), net margin of 9 per cent and FY25 PE of 32 times, to arrive at a target of Rs 892 per share, which suggest a possible 51.9 per cent upside from the issue price. In its bear case scenario, it has FY25 revenues of Rs 1,300 crore (FY22-25 CAGR of 22.6 per cent), net margin of 8 per cent and FY25 PE of 27 times, to suggest a target of Rs 483 per share, suggesting a potential downside of 17...