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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Kaynes Technology India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹587
Per ShareLot Size
25 Shares
Minimum Investment
₹14,675
Issue Size
₹857.82 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Issue Type
Book Building
ISIN
INE918Z01012
Kaynes Technology India Limited is a leading end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing services. The Company has over three decades of experience in providing 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, Information Technology and other segments. Its advanced manufacturing infrastructure enables it to undertake a high mix and high value addition of products across industry verticals with the ability to produce such products at variable or flexible volumes.
The global electronics system design and manufacturing services market ("ESDM") was estimated at USD 804 billion in 2020 and is expected to reach USD 1,002 billion in 2025 at a growth rate of 4.5%. The global ESDM market witnessed a period of steady growth till 2018, riding on the wave of increased outsourcing activities from original equipment manufacturers ("OEM") and increasing electronics content. India contributes to approximately 1.8% of the global ESDM market in 2020. However, there is a strong push from the Government to make India an ideal location for electronics manufacturing in the region.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 14,613,624^ equity shares of face value of Rs. 10 each ("Equity Shares") of Kaynes Technology India Limited ("Company" or "Issuer") for cash at a price of Rs. 587 per equity share (including a share premium of Rs. 577 per equity share) ("Offer Price") aggregating to Rs. 857.82 crores^ (the "Offer") comprising a fresh issue of 9,028,960^ equity shares aggregating to Rs. 530.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 5,584,664^ equity shares aggregating to Rs. 327.82 crores^, comprising 2,084,664^ equity shares by Ramesh Kunhikannan aggregating to Rs. 122.37 crores^ ("Promoter Selling Shareholder") and 3,500,000^ equity shares by Freny Firoze Irani aggregating to Rs. 205.45 crores^ ("Investor Selling Shareholder" and together with promoter selling shareholder, the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The offer included a reservation of 25,553^ equity shares aggregating to Rs. 1.5 crores^ (constituting 0.04 % of the post offer paid-up equity share capital), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer constitutes 25.13 % and 25.09 %, respectively, of the post-issue paid-up equity share capital of the company. The company has, in consultation with the brlms, undertaken the pre-ipo placement of 2,338,760 equity shares at a price of Rs. 555.85 per equity share (including a premium of Rs. 545.85 per equity share) aggregating to Rs. 130.00 crores the face value of equity shares is Rs. 10 each. The offer price is 58.70 times the face value of the equity shares. ^Subject to finalisation of the basis of allotment. Bids can be made for a minimum of 25 equity shares in multiples of 25 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Kaynes Technology India Limited ("Company" or "Issuer") was incorporated on March 28, 2008 at Mysore, Karnataka as a private limited company under the Companies Act, 1956, with the name `Kaynes Technology India Private Limited' pursuant to a certificate of incorporation granted by the Registrar of the Companies, Karnataka at Bangalore ("RoC"). Subsequently, the name of the Company was changed to `Kaynes Technology India Limited' upon conversion of the Company into a public limited company pursuant to a special resolution passed by its Shareholders on March 24, 2022 and the fresh certificate of incorporation was issued by the RoC consequent upon change of name on conversion to public limited company on March 31, 2022.
The Company's customers are in the automotive, Industrial, Aerospace and Defence, Outer-space, Nuclear, Medical, Railways, Internet of Things, Information Technology and other segments
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.