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Issue Open Date
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10-Nov-22
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|
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Issue Closing Date
|
14-Nov-22
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|
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Application Money
|
100
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Allotment Money
|
|
|
|
|
|
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Price Band
|
559
-
587
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Minimium Application No.
|
25
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Issue Size (Shares)
|
14613624
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|
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Market Lot
|
1
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|
Objective
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|
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.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
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|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
2255858
|
47838650
|
21.2064101552491
|
|
Qualified Institutional Buyers
|
2923888
|
287918550
|
98.471128169068
|
|
Retail Individual Investors
|
5263667
|
21582375
|
4.10025463236941
|
|
|
|
|
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 manufacturing (“ESDM”) services (Source: F&S Report). We have 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 (“IoT”), Information Technology (“IT”) and other segments. Our manufacturing infrastructure enables us 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. We are among the leading companies in the ESDM space to offer optimised product realization solutions to customers in flexible volumes and higher complexity products across industry vertical
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Promoter's Holding
|
|
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Total Share Capital
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39048197
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|
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Offered to Public
|
14613624
|
|
|
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Promoter's Holding (Pre-Issue)
|
79.51
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Promoter's Holding (Post-Issue)
|
63.57
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|
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Address |
23-25 Belagola
Food Industrial Estate
Metagalli P O
Mysore,
Karnataka,
570016
Phone : 8212582595
Email : kaynestechcs@kaynestechnology.net
Website : www.kaynestechnology.co.in
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
|
BSE, NSE
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|
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Lead Manager |
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
IIFL Securities Ltd.
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Promoters |
Ramesh Kunhikannan
RK Family Trust
Savitha Ramesh
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|
