Kaynes Technology India lists with 32.03% premium on the BSE
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Kaynes Technology India has debuted at Rs 775.00 on the BSE, up by 188 points or 32.03% from its issue price of Rs 587.
The scrip is currently trading at Rs 689.25, up by 102.25 points or 17.42% from its issue price. It has touched a high and low of Rs 787.00 and Rs 675.00 respectively. So far 5.94 lakh shares were traded on the counter.
The offering, which was open for subscription between November 10, 2022 and November 14, 2022 was subscribed 34.16 times. The issue price was fixed at Rs 587 per share i.e. at upper end of price band of Rs 559-587 apiece.
Kaynes Technology is a leading end-to-end and IoT (Internet of Things) solutions-enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing services.
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