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Open
10 Nov 2022
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Close
14 Nov 2022
3
Allotment
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Listing
Tue, Nov 22, 2022
Price Band
₹559 to ₹587
Issue Size
1,46,13,624 shares (agg. up to ₹858 Cr)
Lot Size
25 Shares
Listing Date
Tue, Nov 22, 2022
Latest GMP
₹185
Est. Gain
37.48%
✦ AI Insight
GMP Trend
22-11-2022₹185Est. ₹772+37.48%
21-11-2022₹151Est. ₹738+25.72%
20-11-2022₹222Est. ₹809+37.82%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 24.76x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 763.26 | 622.42 | 419.37 | 378.12 |
| Total Income | 199.98 | 710.35 | 424.66 | 370.17 |
| Profit After Tax | 10.05 | 41.68 | 9.73 | 9.36 |
| NET Worth | 212.00 | 201.82 | 136.51 | 95.76 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 186.38 | 169.55 | 139.47 | 143.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Syrma SGS Technology Ltd. | Mainboard | ₹840.13 Cr | ₹220 | 50.69 | ₹310.50 | +41.14% | ₹1,639.20 |
| Tega Industries Ltd. | Mainboard | ₹619.23 Cr | ₹453 | null | ₹726.05 | +60.28% | ₹1,632.40 |
| Concord Control Systems Ltd. | SME | ₹8.32 Cr | ₹55 | 12.14 | ₹115.40 | +109.82% | ₹2,345.55 |
| Containe Technologies Ltd. | SME | ₹2.62 Cr | ₹15 | 214 | ₹23.10 | +54.00% | ₹17.16 |
| Ishan International Ltd. | SME | ₹18.24 Cr | ₹80 | 38.09 | ₹82.80 | +3.50% | ₹0.55 |
| Quality RO Industries Ltd. | SME | ₹2.70 Cr | ₹51 | 113 | ₹53.70 | +5.29% | ₹29.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed by our Company | 130.00 |
| 2 | Funding capital expenditure towards expansion of our existing manufacturing facility at Mysuru, Karnataka, and near our existing manufacturing facility at Manesar, Haryana | 98.93 |
| 3 | Investment in our wholly owned Subsidiary, Kaynes Electronics Manufacturing Private Limited, for setting up a new facility at Chamarajanagar, Karnataka | 149.30 |
| 4 | Funding working capital requirements of our Company | 114.74 |
| 5 | General corporate purposes | 132.77 |
About Kaynes Technology IPO
Updated on Aug 5, 2026
Contact Details
Kaynes Technology India Ltd. Address23-25, BelagolaFood Industrial EstateMetagalli P.O.Mysuru, Karnataka, 570016+91 82125 82595kaynestechcs@kaynestechnology.netVisit Website