Kaynes Technology India IPO
Electronics/EMS - Listed on 22 November 2022
Kaynes Technology India IPO listing summary
Kaynes Technology India (Electronics/EMS) closed its IPO window in 2022 and listed on NSE and BSE on 22 November 2022 at an upper band issue price of Rs 587, opening at Rs 689.96 for a listing gain of +17.5% and closing day one at Rs 685.22 (+16.7% on closing basis). The IPO was subscribed 59.82x overall - QIB 134.35x, HNI/NII 76.15x, Retail 10.24x. The total issue size was Rs 860 Cr (Fresh Issue Rs 0 Cr, OFS Rs 860 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Kaynes Technology India IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +3.41% |
| Day 2 | Rs 20 | +3.41% |
| Day 3 | Rs 20 | +3.41% |
| Day 4 | Rs 50 | +8.52% |
| Day 5 | Rs 90 | +15.33% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Kaynes Technology India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Kaynes Technology India IPO - FAQs
What was the listing gain of Kaynes Technology India IPO?
Kaynes Technology India IPO listed at +17.5% versus the upper issue price of Rs 587 on 22 November 2022.
How many times was Kaynes Technology India IPO subscribed?
Kaynes Technology India IPO was subscribed 59.82x overall. QIB portion was subscribed 134.35x, HNI / NII 76.15x and Retail 10.24x.
What was the IPO GMP for Kaynes Technology India?
IPO GMP started at Rs 20 on Day 1 and moved to Rs 90 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.