KAYNES TECHNOLOGY INDIA LTD IPO – Research Report

Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company having capabilities across the entire spectrum of electronics system design and manufacturing (“ESDM”) services. Company operates under four different business verticals namely (1) OEM – Turnkey Solutions – Box Build (2) OEM – Turnkey Solutions – Printed Circuit Board Assemblies (3) ODM (4) Product Engineering and IoT Solutions.

Company also work with its five subsidiaries, which caters to varying customer needs and demands. It has manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. As of June 30, 2022, company works with over 871 vendors and sources materials from various regions including North America, Europe, and Singapore as well as locally within India.