Kaynes Technology India Ltd IPO Message Board (Page 51)

Gmp 11/12

60

Decision is to be taken on last day.
Thanks

Good company and financial is also good . If you will compare with syrma , dixon and amber with fy23 annualized PE then it looks cheaper .
Dixon posted good result for Q2 and expecting same with syrma and kaynes .
I will apply for listing gain.

Too high priced, not reasonable at all!!

I agree with you

Agreed. PE of 60 makes it a pricy issue.

Diversified business model with portfolio having applications across industry verticals with Global product certifications & separate vertical specific certifications. Prospect for this sector at the moment looks promising. Debt level looks OK but needs monitoring of working capital management. Fresh issue going for Capacity building but also has some scope from current capacity. Asking valuation highly expensive IMO.Do monitor related party transactions post-listing though doesn't look like a big issue at the moment. Overall, though it's good but I am not so comfortable with valuation.

* If we convert 15 rs. employee discount in to 5% employee discount , it makes issue price of rs. 300.
i.e OFS of 216 cr. + 650 cr. Fresh Issue = 866 cr. Total Issue size

* Dixen and Amber are the peer group companies which was also shown by syrma.
Two LMs IIFL and DAM are common in both these issues syrma and kaynes.

* HEM is also one of the LM to handle main board issue.

* D/E ratio <1

* Initially at first sight the issue looks good to apply with full force.

@svh
You mentioned Hem as their LM, but that's not given in the RHP.

Where did you get this info??

From CG. Now admin rectified and removed it from the list. Disappointment .
Another disappointment is the aggressive price band. :(
Most of the new IPOs are coming for looting.

Opens : 10th Nov 2022
Closes : 14th Nov 2022

Price Band around 587/- 🙏🏼🙏🏼🙏🏼

@hchc keep posting bro.. people like me always waiting for u to post in new ipo...

Any GMP

At rs 587 . It is not too much attractive at PE multiple of around ~100.

@fin
at 50 PE Still looks pricey , what do you think?
Any extraordinary business as compared to syrma they have?

Nothing special in it.

Kaynes tech is Very Good Company and Posting Good Revenue Year on Year, IPO looks attractive with this price and its also long term bet
with 55 lakh shares and 41 crore net profit for the year 2021, it had EPS of 80Rs, its good for long term bet, you may get bonus and Split

@jigneish bhai total shares are nearly 5.5 cr and eps nearly 8 please see the IPO documents before commenting and you are talking about bonus & split seriously ?

@Ujwal 😂😂😂

Inox Green Energy Services Limited

Issue Date : 11 - 15 Nov, 2022
Fresh Issue : ₹370 Cr
OFS : ₹370 Cr
Retail : 10%
Face Value : ₹10

More Details Coming Soon 🔜

RHP Link 1 :

https://cdn1.edelweissfin.com/wp-content/uploads/2022/11/November-04-2022-Inox-Green-Energy-Services-Limited-%E2%80%93-RHP-1.pdf

RHP Link 2 :

https://www.equirus.com/wp-content/uploads/2022/11/Inox-Green-Energy-Services-Limited-RHP.pdf

Why to struggle on this high priced IPO, you have better share SyrmaSGS available at cheaper rates.. Technology jargons like IoT every company is using these days..

Sab ek sath kyun laate hai itne sare ipo

@TaruPandya
When there is a festival or a marriage,
People come all together. All near and dear.
So this is the festival of IPOs, all have come one after one. But there are always late comers. They will also join. Wait and watch them. May be VIPs.
Enjoy Share Market.

Issue information final
Kaynes Technology India Limited IPO

Date : 10-Nov to 14-Nov-2022
FV : ₹10
Price : ₹559 - ₹587
Market Lot : 25 Shares
App Amt : ₹14,675
Size : ₹856.32 Cr
Retail : 35%
Retail Form : 204,233
EMP : 1.5 Cr
QIB : 50%
NII : 15%
Listing At : BSE, NSE

Registrar : Link Intime
Allotment : 18-Nov-2022
Listing : 22-Nov-2022

Tentative dates : from 11 nov

Sab ek saath aa jaao
Jeene na do retailers ko😁

Plz dont say this will be from 9-11 or for that matter anytime before 15th.... Its all so jumbled up at the moment.

Company looks good