Kaynes Technology IPO GMP Today, Share Price, Date, Lot Size and other details can be checked from this page. On November 10, 2022, the Kaynes Technology IPO got underway. It will end on November 14, 2022. The 857.82 Crore total size of the IPO.
Kaynes Technology IPO
The price set by the company for its IPO is 559–587 rupees per share. Kaynes Technology IPO Subscription falls into three groups. 1) Credible institutional purchasers 2) Individual Investors 3) Small-scale, private investors (RIIs). Read this article to get complete information about the IPO.
With skills spanning the full range of electronics system design and manufacturing (“ESDM”) services, Kaynes Technology IPO is a complete and integrated electronics manufacturing player.
Kaynes Technology IPO GMP
The company has experience working with major players in the automotive, industrial, aerospace and defense, outer space, nuclear, medical, railways, Internet of Things, information technology, and other segments to provide conceptual design, process engineering, integrated manufacturing, and life-cycle support.
The business enjoys enduring relationships with a sizable customer base that is geographically and vertically diverse. It served 229 customers in 21 countries during the three months that ended on June 30, 2022, and it provided services to several different industry verticals, including the automotive, aerospace and defense, industrial, railways, medical, and IT / ITES sectors.
Kaynes Technology IPO date
An integrated electronics manufacturing company with end-to-end capabilities across the Electronics System Design and Manufacturing spectrum, Kaynes Technology India Ltd. is powered by the Internet of Things (“IoT”) solutions. The business can produce complicated goods using cutting-edge engineering in various industrial verticals.
With applications in various industry verticals, including automotive, telecom, aerospace and defense, space, medical, IoT, and industrial, Kaynes Technology India Ltd. offers a broad product portfolio. Each of these industries is expanding on its own. The company’s susceptibility to downturns linked to specific verticals gets through portfolio diversity. Because the customers serve many industries with various business or industry cycles, it also makes sure that revenues are steady.
Since its start, Kaynes Technology IPO has produced profit every year. The business is confident that its financial and operational success will enable it to benefit from the industry’s positive trends.
Kaynes Technology IPO GMP Today
An established and trustworthy supply chain network is available to Kaynes Technology India Ltd. Long-standing relationships between the corporation and its suppliers inside and outside India have improved credit terms over time. By June 30, 2022, the company was working with over 871 vendors and sourcing products from Asia, Europe, North America, Singapore, and local suppliers in India. As of June 30, 2022, the company’s top 10 suppliers haved working relationships for more than 10.80 years.
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Throughout the years, Kaynes Technology India Ltd has worked hard to develop reliable production methods and procedures. The business follows international guidelines and holds several international certifications. By doing this, the business operations must adhere to customer-specific, industry-specific, legal health and safety, environmental and social, and governance criteria.
Kaynes Technology IPO – Risk
The sale of its clients’ items is essential to the company’s operations. The company’s top 10 clients respectively contributed, 53.61%, 46.03%, 51.02%, and 62.81% of its operating revenue in fiscal years 2020, 2021, and 2022, and the three months that concluded on June 30, 2022. The last three fiscal years witnessed variations in the contribution of our top 1, 5, and 10 customers to revenue.
Additionally, the number of new clients the business has acquired during the previous three fiscal years has decreased. Additionally, there are no solid commitment agreements between the business and its clients. The business, operating performance, financial condition, and companies’ cash flows could be negatively impacted by the loss of one or more of these clients or by a decline in the market for their goods.
For the three months ending June 30, 2022, Kaynes Technology India Ltd. experienced negative cash flows from operating activities of 7.11 crores. Future negative cash flows would hurt the company’s cash flow requirements, which might hurt its capacity to run its operations and implement its growth plans, which would harm its financial situation.
For the production of its products, Kaynes Technology India Ltd. depends on a steady supply of semiconductors from foreign markets. Any challenges with the timely availability of semiconductors or any specific semiconductor components needed for product manufacturing, or changes in the exchange rate between the Rupee and other currencies, could impact the company’s finances, operations, performance, and prospects.
Kaynes Technology IPO is dependent on demand from various industries, including automotive, railroad, industrial, medical, information technology, Internet of Things, aerospace, and defense. In Fiscal 2022, the automotive and industrial industries accounted for 63.36% of the company’s operating revenue. Any downturn in these sectors could harm the company’s operations, growth, and bottom line.
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What is the cost of the Indian Kaynes Technology IPO for regular investors?
The price range for Kaynes Technology India’s first public offering is 559-587. The business is also giving 15 customers a special discount.
Can I use UPI to invest in Kaynes Technology IPO?
You can use UPI to invest in the Kaynes Technology India IPO. You can utilize ASBA and UPI while submitting an online application. UPI is required when submitting a physical application.