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Date, Share Price, Financials, Price Band, Peers, Review & More
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Date, Share Price, Financials, Price Band, Peers, Review & More

Kaynes Technology India Limited IPO opens for subscription on 10th November. The company is looking to raise up to Rs 857.82 crore through the public issue. Here are the details: Kaynes Technology Limited IPO DetailsKaynes Technology IPO Date: 10 November - 14 November 2022Kaynes Technology IPO Price band: Rs 559 - Rs 587Kaynes Technology IPO Issue Size: Rs 857.82 crore (Fresh Issue of Equity shares aggregating up to Rs 530 crore and remaining OFS)Reservation: QIB 50%, Retail - 35%, NII 15%Minimum Investment: Rs 14,675Post Issue Implied Market Cap: Rs 3,275 – 3,413 croreBid lot: 25 shares, and in multiples of 25 sharesKaynes Technology Limited IPO: Objects of the IssueThe company proposes to utilize the IPO proceeds towards funding the following objects:Repayment/ prepayment, in full or pa...