Kaynes Technology India IPO - Investment Rationale, Valuations, Strengths, Risks, Financials: Anand Rathi

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Anand Rathi's IPO Report.Kaynes Technology India Ltd. is a fast-growing electronics system design and manufacturing services company with a diversified portfolio as well as business model having applications across automotive, industrials, aerospace and defence, medical devices, railways, internet-of-things etc. Demand across the underlying sectors is likely to remain robust and Kaynes Technology is currently at an influx of this demand with support of favorable policy initiatives like production linked incentive, increasing demand for consumer and industrial electronics, changes in the global manufacturing environment and a ~30% expected growth in Indian ESDM market. With an impressive three-year compound annual growth rate revenue/profit after tax growth of 38%/111% respectively coupled with industry leading operating margins and robust order book of Rs 22,663 million as of June 30, 2022. Kaynes Technology will continue to move up the value chain of electronics manufacturing and services/ESDM sector. .Click on the attachment to read the full IPO report:.Kaynes Technologies IPO: All You Need To Know.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Kaynes Technology India IPO - Investment Rationale, Valuations, Strengths, Risks, Financials: Anand Rathi

With the fresh issue of Rs 5,300 million the company plans to triple its existing capacity in coming years and reduce its debt.

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