They have very strong industrial IoT products and platform ecosystem that the other competitors are lacking. This will make Kaynes uniquely placed since they are also into solutions business. No one puts IoT just for the namesake specially when there is a cruel scrutiny from all investors.
This company is in the league of Dixon technologies, with fully self-developed IoT-based solutions offered for the customer. This is the place where every major device manufacturer wants to be. If they play their cards well they are poised for a zoom. Employee subscriptions will be a good indicator of confidence in the company in themselves.
36. Bullish| Link| Bookmark|
November 11, 2022 5:31:53 AM
IPO Mentor (700+ Posts, 500+ Likes)
Now retailers have no much money so ye bi jyada subscribe nhi hoga in retail category expecting around 2X or may bi less than 1X
@Hostpacker i know companies will perform good in future but as you mentioned in last 1 year chemical company didn't performed
34.6. UjwalG| Link| Bookmark|
November 10, 2022 7:13:19 PM
IPO Guru (1000+ Posts, 500+ Likes)
@arca chips manufacturing is totally different from electronics manufacturing. The above mentioned companies are electronics manufacturing services. Just letting you know
34.7. Arca| Link| Bookmark|
November 11, 2022 7:22:28 AM
IPO Guru (1000+ Posts, 500+ Likes)
@ujwalg Thanks for correcting.i misunderstood chips and circuit boards.
Kaynes Technology IPO is coming at a P/E Multiple of 19 in you consider FY24E. Close to 750 crs of its order book will be completed over a period of 18 months. Focus is going to be on the ODM and Box Build business which has better margins.
30.1. arunARUN| Link| Bookmark|
November 10, 2022 5:17:43 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Why should one see FY 24 E prices. Whose estimate and sets of assumptions? I would rather bet on existing scripts and watch this script performance