Kaynes Technology IPO bought 34.15 times on last bidding day
The IPO of Kaynes Technology India, a manufacturer of electronic components
subscribers purchasing 35.75 crore shares against an offer size of 1.04 crore, or 34.15 times the offer size
The number of shares purchased by retail investors is 4.09 times the
quota
while the number of shares purchased by employees is 11.85 times the quota.
Both qualified institutional buyers (who were allotted 98.47%) and high net worth
individuals
have purchased multiple multiples of their allotted shares.
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