Kaynes Technology IPO GMP Today, Share Price, Date, Lot Size

 Kaynes Technology IPO GMP Today, Share Price, Date, Lot Size and other details can be checked from this page. On November 10, 2022, the Kaynes Technology IPO got underway. It will end on November 14, 2022. The 857.82 Crore total size of the IPO. 

Date:- 21/11/2022

Kaynes Technology IPO GMP Today is 220 rupees

Date:- 19/11/2022

Kaynes Technology IPO GMP Today is 200 rupees

Date:- 18/11/2022

Kaynes Technology IPO GMP Today is 200 rupees

Date:- 17/11/2022

Kaynes Technology IPO GMP Today is 125 rupees

Date:- 16/11/2022

Kaynes Technology IPO GMP Today is 120 rupees

Date:- 15/11/2022

Kaynes Technology IPO GMP Today is 130 rupees

Date:- 14/11/2022

Kaynes Technology IPO GMP Today is 130 rupees

Date:- 12/11/2022

Kaynes Technology IPO GMP Today is 85 rupees

Date :- 11/11/2022

Kaynes Technology IPO GMP Today is 75 rupees

IPO details

Open Date      10 Nov

Close Date     14 Nov

Lot Size           25

IPO Size                     ₹ 857.82 Cr.

IPO Price Range       ₹ 559 to ₹587.

Min Investment        ₹ 13975.

Listing Exchange     BSE, NSE.

Basis of Allotment   17 Nov.

Refunds                     18 Nov.

Credit to Demat Account     21 Nov.

Listing Date      22 Nov.

Objective of Kaynes Technology IPO: 

The net proceeds from the fresh issue will be utilised towards:

• repayment or prepayment of certain borrowings

• funding capex for expansion of existing manufacturing facilities

• investments in its subsidiary 

• working capital needs and general corporate purposes

IPO Key Points

Strengths

• Internet of Things (“IoT”) solutions enabled integrated electronics manufacturing player with end-to-end capabilities across the Electronics System Design and Manufacturing spectrum 

• Diversified business model with portfolio having applications across industry verticals

• Global certifications for each industry vertical catered to and multiple facilities across India with advanced infrastructure

• Strong supply chain and sourcing network

 

Risks

• Increasing competition in the electronics system design and manufacturing industry may create pressures of pricing and market share 

• Any slowdown, shutdown or disruption in its manufacturing facilities may be caused by natural and other disasters causing unforeseen damages 

• The loss of one or more customers or a reduction in demand for the products 

• Inability to formalize and operationalize effective business and growth strategy

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