Kaynes Tech rises after ₹1,600 crore QIP backed by big funds

Kaynes Tech rises after ₹1,600 crore QIP backed by big funds

Kaynes Technology shares are in focus after raising ₹1,600 crore via QIP from June 19 to 24. About 28.73 lakh shares were allotted at ₹5,569.50 each, reflecting a ₹5,559.50 premium and a ₹56.25 discount—1% below the ₹5,625.75 floor price set for the issue—attracting strong institutional interest.

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