Kaynes Technology India IPO GMP History
Kaynes Technology India IPO has been listed on November 22, 2022 at a listing price of ₹778, against the issue price of ₹587 — a gain of ₹191 (+32.54%). The GMP peaked at ₹180 on 21 November 2022 and reached a low of ₹20 on 10 November 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Kaynes Technology India IPO raised ₹857.82 Cr. through its IPO at a price band of ₹559 to ₹587 per share, with a lot size of 25 shares. The IPO was open for subscription from 10 Nov 2022 to 14 Nov 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:41 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 21 Nov 2022 | ₹ 180 | ▲ | 31% | — | — |
| 19 Nov 2022 | ₹ 150 | — | 26% | — | — |
| 18 Nov 2022 | ₹ 150 | ▲ | 26% | — | — |
| 17 Nov 2022 | ₹ 130 | ▲ | 22% | — | — |
| 16 Nov 2022 | ₹ 110 | ▲ | 19% | — | — |
| 15 Nov 2022 | ₹ 100 | ▲ | 17% | — | — |
| 14 Nov 2022 | ₹ 90 | ▲ | 15% | — | — |
| 12 Nov 2022 | ₹ 70 | ▲ | 12% | — | — |
| 11 Nov 2022 | ₹ 50 | ▲ | 9% | — | — |
| 10 Nov 2022 | ₹ 20 | — | 3% | — | — |
Kaynes Technology India IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 10 Nov 2022
- Close 14 Nov 2022
- Allotment 17 Nov 2022
- Refund/credit 18 Nov 2022
- Listing 22 Nov 2022
Kaynes Technology India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹587 |
|---|---|
| GMP-based estimate (pre-listing) | ₹767 (+30.7%) |
| Listing gain / loss | +₹191 per share |
| Listing date | 22 Nov, 2022 |
| Actual listing price | ₹778 (+32.54%) |
Is Kaynes Technology India IPO GMP reliable?
Grey market premium for Kaynes Technology India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Kaynes Technology India IPO full review for a fundamentals-based assessment before making any grey market trades.
Kaynes Technology India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Kaynes Technology India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Kaynes Technology India IPO
Kaynes Technology India Limited was incorporated at Mysore, Karnataka on 28 March 2008. It is an end-to-end and IoT solutions enabled integrated electronics manufacturer, with skills across electronics system design and manufacturing (ESDM).
Its verticals are OEM box build, OEM turnkey PCB assemblies, ODM services in smart metering, smart street lighting and BLDC technology, and product engineering and IoT solutions. It serves automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways and IT customers.
It runs eight plants in Karnataka, Haryana, Himachal Pradesh, Tamil Nadu and Uttarakhand, and served 229 customers in 21 countries.
The IPO was Rs 857.82 crore, with Rs 530.00 crore of fresh issue and Rs 327.82 crore of offer for sale. Rs 130.00 crore was planned for repaying borrowings and Rs 149.30 crore for a new plant at Chamarajanagar, Karnataka.
Frequently asked
What is the GMP of Kaynes Technology India IPO?
The current Grey Market Premium (GMP) of Kaynes Technology India IPO is ₹ 180.
What is the Kostak Price of Kaynes Technology India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Kaynes Technology India IPO is not available.
What is the Subject to Sauda Price of Kaynes Technology India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Kaynes Technology India IPO?
Kaynes Technology India IPO listed on November 22, 2022 at ₹778, against the issue price of ₹587 — a gain of +32.54%.
How did the GMP of Kaynes Technology India IPO trend before listing?
The GMP of Kaynes Technology India IPO was rising in its final days before listing. The GMP peaked at ₹180 on 21 November 2022. View the day-wise table above for the complete GMP history.
Explore Kaynes Technology India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
