Kaynes Technology initiated a QIP to raise up to ₹1,600 crore, setting a floor price of ₹5,625.75 per share. The company projects revenue of ₹4,525 crore for FY26, driven by export growth and contributions from its OSAT and PCB divisions. Additionally, Kaynes acquired production lines from Fujitsu to enhance its power module capabilities.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets