Exchanges
BSE, NSE
Industry
Industrial Products
Issue
Book building

Kaynes Technology India IPO

₹689.95

+17.54% on listing

Listing-day close · NSE · 22 Nov 2022 · issue price ₹587

Kaynes Technology India’s ₹858 crore IPO was priced at ₹587 a share. It listed on the NSE on 22 Nov 2022 and closed its first day at ₹689.95, up 17.54% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹858 Cr
Fresh issue
₹530 Cr
Offer for sale
₹328 Cr
Lot size
25 shares
Minimum investment
₹14,675
Face value
₹10
Registrar
MUFG Intime India

Subscription

Kaynes Technology India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—24.76×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,413 Cr
ROE
24.50%
ROCE
24.44%
Debt to equity
0.84
EBITDA margin
13.26%
PAT margin
5.90%
Promoter holding
79.78% → 67.16%

From the offer documents.

Listing

Listing date
22 Nov 2022
Issue price
₹587
Open
₹778.00
High
₹786.00
Low
₹675.10
Close
₹689.95

Listing day on the NSE. The close was +17.54% on the issue price.

FAQs

When did the Kaynes Technology India IPO open and close?

It opened on 10 Nov 2022 and closed on 14 Nov 2022.

What was the Kaynes Technology India IPO price?

The price band was ₹559–587 a share. The final issue price was ₹587.

What is the lot size and minimum investment?

One lot is 25 shares, ₹14,675 at ₹587 a share. Retail investors apply in whole lots.

How much did Kaynes Technology India raise?

₹858 crore: ₹530 crore of new shares and ₹328 crore offered by existing shareholders.

How many times was the Kaynes Technology India IPO subscribed?

24.76 times overall.

How did Kaynes Technology India list?

It listed on the NSE on 22 Nov 2022 at ₹778.00 and closed the day at ₹689.95, up 17.54% on the ₹587 issue price.

Who is the registrar of the Kaynes Technology India IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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