Kaynes Technology (KAYNES IN) is looking to raise INR 16bn (US$185m) in its upcoming QIP. In an announcement, Kaynes mentioned its board’s approval to raise up to INR16bn via a QIP.
What is covered in the Full Insight:
Introduction to Kaynes Technology
Details of the QIP
Recent Financial Performance
Impact of the Deal
Concluding Thoughts
Boomeranged on Fri, 20 Jun 2025 12:31
Kaynes Technology (KAYNES IN) has launched an upto INR16bn (US$185m) QIP of around 2.85m shares in a INR5,344.50–Rs5,612/share range, a 0%–4.8% discount to the pre-deal close of Rs5,612 on Thursday.
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