The Kaynes Technology IPO Subscription Status has started 10 November 2022 and it is also being subscribed by QIB and NII & RII. Kaynes Technology IPO has opened on 10 November 2022 and closes on 14 November 2022. Which will be subscribed by 14 Novemmber 2022. Kaynes Technology IPO is preparing to raise ₹857.82 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹530.00 Crores and Offer Sale of ₹327.82 Crores. and Kaynes Technology IPO Price Band is Fixed ₹559 to ₹587 per share. Check Kaynes Technology IPO GMP Here.
Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company 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 IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Kaynes Technology IPO Subscription Status, you can see the below-day Subscription. You can check also Kaynes Technology IPO Allotment status here.
Kaynes Technology IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹41.49 Cr (March 2022) |
| Issue Price : | ₹587/ EQ (Cut Off) |
| EPS 2022 : | ₹9.70 (March 2022) |
| PE Ratio : | 60.52 (PE Approx) |
| RoNW : | 20.54% (March 2022) |
| NAV Value : | ₹43.12 (March 2022) |
| Total Assets : | ₹763.26 Cr (June 2022) |
| Market Cap : | ₹2882.96 Cr Approx |
| Promoter Holding : | 79.78% Pre Issue 67.39% Post Issue |
| Team Review : | ● The company end-to-end and IoT solutions-enabled integrated electronics manufacturing player. ● The company PE ratio is Not Attractive. ● The company financial performance very strong. ● The company has established a niche player position and currently has an order book of ₹2266 crores. ● The company promoter stake will decrease but will hold 67.39% stake after issue which is good. ● The price of this IPO is looking expensive, you can consider investing after listing. ✔ Apply Only For Long Term |
Kaynes Technology IPO Subscription Status {Live Update} :
The total Kaynes Technology IPO Subscription Status subscribed 34.16x times so far, with QIB subscribed 98.47x and NII subscribed 21.21x times & RII 4.09x times and EMP 11.89x times on Day 3. {Update Time : 14 Nov 2022 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.52x | 2.45x | 98.47x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.10x ______ 0.08x 0.13x | 0.77x ______ 0.72x 0.87x | 21.21x ______ 23.07x 17.47x |
| RII : | 0.12x | 0.47x | 4.09x |
| EMP : | 2.04x | 3.22x | 11.89x |
| Total : | 0.23x | 1.10x | 34.16x |
Kaynes Technology IPO Net Shares Offered:
Kaynes Technology IPO is a public issue of 1,04,70,246 equity shares. The issue offers 29,23,888 shares to qualified institutional buyers, 22,55,858 shares to non-institutional investors, and 52,63,667 shares to retail investors & 26,833 share EMP portion..
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 29,23,888 | 171.63 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 22,55,858 ______________ 15,03,905 7,51,953 | 132.42 Cr _______ 88.27 Cr 44.14 Cr |
| RII : | 52,63,667 | 308.97 Cr |
| EMP : | 26,833 | 1.57 Cr |
| Total : | 1,04,70,246 | 614.60 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Kaynes Technology IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 10 November 2022 |
| IPO Close : | 10 November 2022 |
| IPO Size : | ₹857.82. Cr {14,613,625 Shares} |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹559–₹587 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹857.82. Cr {14,613,625 Shares} |
| Fresh Issue : | ₹530.00. Cr {9028961 Shares} |
| Offer For Sale : | ₹327.82. Cr {55,84,664 Shares} |
| EMP Discount : | ₹15 |
Kaynes Technology IPO Market Lot :
Kaynes Technology IPO Minimum Market lot is 1 Lot with 24 shares with ₹14,675 Application amount. The retail investors can apply up to 13 lots with 325 Shares or ₹190,775 amounts.
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail Minimum : | 1 | 24 | ₹14,675 |
| Retail Maximum : | 13 | 325 | ₹190,775 |
| S-HNI Minimum : | 14 | 350 | ₹205,450 |
| B- HNI Minimum : | 69 | 1725 | ₹1,012,575 |
Kaynes Technology IPO Subscription Status FAQs :
How much was the total Kaynes Technology IPO Subscription Status?
The total Kaynes Technology IPO Subscription Status 0.0x times Day 1.
What is the Kaynes Technology IPO retail subscription Status?
Kaynes Technology IPO Retail Subscription 0.0x times Day 1.
How much is the Kaynes Technology IPO QIB subscription Status?
The Kaynes Technology IPO QIB subscription 0.0x times Day 1.
How much did Kaynes Technology IPO NII subscribe?
Kaynes Technology IPO NII Subscription 0.0x times Day 1.
What is Kaynes Technology IPO Allotment Date?
Kaynes Technology IPO allotment date is 17 November 2022.
What is Kaynes Technology IPO Listing Date?
Kaynes Technology IPO listing date is 22 November 2022. The IPO to list on BSE and NSE.
How to Apply the Kaynes Technology IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Kaynes Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Kaynes Technology IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Kaynes Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Kaynes Technology IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Kaynes Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Kaynes Technology IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Kaynes Technology IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Kaynes Technology IPO GMP: Click Here Kaynes Technology IPO Details: Click Here Kaynes Technology IPO Allotment: Click Here Kaynes Technology IPO Listing: Click Here |
All Kaynes Technology IPO-related links are available here. If you want to know the details then click on Click Here Link.
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