|
Issue Open Date
|
10-Nov-22
|
|
Issue Closing Date
|
14-Nov-22
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
559
-
587
|
|
Minimium Application No.
|
25
|
|
Issue Size (Shares)
|
14613624
|
|
Market Lot
|
1.00
|
|
|
|
Objective
|
|
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.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
2255858
|
47838650
|
21.21
|
Qualified Institutional Buyers
|
2923888
|
287918550
|
98.47
|
Retail Individual Investors
|
5263667
|
21582375
|
4.10
|
|
|
|
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 |
more... |
|
|
Promoter's Holding
|
|
Total Share Capital
|
39048197
|
|
Offered to Public
|
14613624
|
|
Promoter's Holding (Pre-Issue)
|
79.51
|
|
Promoter's Holding (Post-Issue)
|
63.57
|
|
|
|
|
|
|
|
Address |
23-25 Belagola Food Industrial Estate Metagalli P O
Mysore
,
Karnataka
,
570016
Phone:
8212582595
Email:
kaynestechcs@kaynestechnology.net
Website:
www.kaynestechnology.co.in
|
|
Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
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Listed at |
BSE, NSE
|
|
Lead Manager |
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.) IIFL Securities Ltd.
|
|
Promoters |
Ramesh Kunhikannan RK Family Trust Savitha Ramesh
|
|