A lot is happening in the IPO market. Kaynes Technology India Ltd IPO is the latest one to be opened for investors. The Company was incorporated in 2008 and it is an emerging end-to-end and IoT solutions-enabled integrated electronics manufacturing company. They deal into process engineering, conceptual design, 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 various other segments. Here are the details of Kaynes Technology India Ltd IPO :
Issue Period : 10th Nov – 14th Nov, 2022
Issue Size : Rs. 858 Crore, approx 72,00,000 Equity Shares
Price Band : Rs. 559-Rs. 587 per equity share
Bid Size : Minimum 1 lot of 25 equity shares and 25 equity shares thereafter. Retail quota is 35%, QIB is 50% & HNI is 15%.
Listing at : BSE / NSE
Tentative Allotment : 17th November 2022
Tentative Refund Date : 18th November 2022
Date of Credit to Demat Account: 21st November 2022
Tentative Kaynes Technology IPO Listing Date: 22nd November 2022