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IPO SnapShot

IPO SnapShot

Kaynes Technology India Ltd.

Issue Open Date 10-Nov-22  
Issue Closing Date 14-Nov-22  
Application Money 100  
Allotment Money  
Price Band (Rs.) 559 - 587  
Minimum Bid Quantity. 25  
Issue Size (Shares) 14613624  
Market Lot 1  

Objective :

1. Repayment/ prepayment, in full or part, of certain borrowings availed by our Company.2. Funding capital expenditure towards expansion of our existing manufacturing facility at Mysore, Karnataka, and near our existing manufacturing facility at Manesar, Haryana.3. Investment in our wholly owned Subsidiary, Kaynes Electronics Manufacturing Private Limited, for setting up a new facility at Chamarajanagar, Karnataka.4. Funding working capital requirements of our Company.5. General corporate purposes.

Business Description

We are a leading end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and...

Promoter's Holding

Total Share Capital   39048197  
Offered to Public   14613624  
Promoter's Holding (Pre-Issue)   79.51  
Promoter's Holding (Post-Issue)   63.57  
Address
23-25 Belagola
Food Industrial Estate
Metagalli P O
Mysore ,
Karnataka ,
570016
Phone : 8212582595
Email : kaynestechcs@kaynestechnology.net
Website : www.kaynestechnology.co.in
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
IIFL Securities Ltd.
Promoters
Ramesh Kunhikannan
RK Family Trust
Savitha Ramesh