Kaynes Technology

Nearly five months after breaking ground, Kaynes SemiCon is shelving its plans to set up a chip assembly unit in Telangana and is instead moving it to Gujarat, officials aware of the development told ET.The outsourced semiconductor assembly and testing (OSAT) unit will now come up with an investment of Rs 5,000 crore (including Rs 1,000 crore working capital) at Sanand, Gujarat, where American chip maker Micron and Murugappa group’s CG Power are also putting up chip assembly, test, marking, and packaging (ATMP) units, the…

Mysuru-based Kaynes Technology is expanding its presence in the US. The company recently acquired Digicom Electronics, an electronics manufacturing services (EMS) company based in Oakland, California.“This will help us to expand in the US market,” Deepak Chadha, chief executive-business operations at Kaynes Technology India Ltd, told ET. “We can do small build and prototyping in the US and when it comes to scale manufacturing, we can do it in India. Even the last mile box build can happen in the US, just before shipping…

Kaynes Technology IPO share allotment status is likely to be finalised today. Here is the process to check the status online. Know GMP too. The share allotment status of the Kaynes Technology initial public offering (IPO) is likely to be finalised today. Investors who are eagerly waiting to know the share allotment status, will be able to check the same online. The Kaynes Technology IPO closed for subscription on Monday, November 14. On the final day of the bidding process the issue was subscribed 34.16 times. As per…

The bidding process of the Kaynes Technology IPO will close today. From latest GMP to checking share allotment status online, here is all you need to know. Want to subscribe to the initial public offering (IPO) of the Kaynes Technology India Limited's (KTIL)? You need to do it today, as the issue closes for subscription on Monday, November 14. The IPO opened for the bidding process on Thursday, November 10, 2022 and got subscribed 1.10 times on the second day of subscription on Friday. As per market observers, Kaynes…