Kaynes Technology India Limited is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in India. They provides 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.

The company has its Head Quarters in Mysuru with a total of eight manufacturing facilities across India in Karnataka, Haryana, Himachal Pradesh, Tamil Nadu and Uttarakhand.

The company proposes for setting up a new facility at Chamarajanagar in Karnataka. It is among the first companies in India to offer design-led electronics manufacturing to original equipment manufacturers (OEMs).

Objects of the Issue
  • Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.
  • Investment in the wholly owned Subsidiary, Kaynes Electronics Manufacturing Private Limited, for setting up a new facility at Chamarajanagar, Karnataka.
  • General corporate purposes.

Company Financials



IPO Details



IPO Tentative Timetable



IPO Lot Size

The Kaynes Technology IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹190,775).

IPO Promoter Holding

Pre-Issue Share Holding - 79.78%
Post-Issue Share Holding - 67.39%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.