Kanone Technologies IPO Details

SME BSE

Kanone Technologies IPO Summary

Kanone Technologies IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Kanone Technologies IPO total issue size comprises 40,68,000 shares . This includes a fresh issue of 40,68,000 shares . Pre-issue shareholding stands at 94,93,140, which will increase to 1,35,61,140 post-issue.

Kanone Technologies IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Kanone Technologies IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Fast Track Finsec Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Kanone Technologies Limited DRHP.

Kanone Technologies IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Fixed Price Issue

Pre-issue Shareholding

94,93,140 shares

Post-issue Shareholding

1,35,61,140 shares

Total Issue Size

40,68,000 shares

Fresh Issue

40,68,000 shares

Offer for Sale

DRHP Status

Filed with Exchange

Kanone Technologies IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Kanone Technologies IPO Reservation

Promoter Holding

Pre Issue:

100%

Post Issue:

Promoter Names:

Mr. Faizal Bavaraparambil Abdul Khader, Mrs. Sruthi Muhammed Ali, Mr. Anaz Abdul Khader Bavaraparambil, Safa Systems & Technologies Limited

Documents

DRHP

Kanone Technologies IPO DRHP

Kanone Technologies IPO Valuations

ROE71.25%

ROCE86.53%

DEBT/EQUITY2.12

RONW71.25%

PAT MARGIN1.43

Kanone Technologies Financial Information

To be announced

About Kanone Technologies IPO

Incorporated in September 2021, Kanone Technologies Limited is engaged in merchandising, and exporting electronic goods like consumer electronics, home appliances, communication devices, and accessories.

Kanone Technologies Limited began operations in September 2021, exporting mobile phones and accessories to Dubai, with 90% of exports via air and the rest via sea ports in Mumbai, Kochi, and Chennai.

Business Verticals:

Offline Market:

Smartphones & Tablets: Exporting leading brands to Dubai via Mumbai, Kochi, Delhi.

Hair Dryers/Vacuum: Exporting hair dryers and vacuum cleaners with superior technology.

Accessories: Offering quality accessories like ear pods, chargers, covers, and speakers.

Online Market:

E Commerce: In the last quarter of the financial year 2024-25, the company successfully launched the sale of its products through e-commerce websites. While exports continue to be the core pillar of the business.

Strength Of Kanone Technologies IPO

To be announced

Risk Of Kanone Technologies IPO

To be announced

Objectives Kanone Technologies IPO

1. Construction of a state-of-the-art office-cum-warehouse facility

2. To meet working capital requirements

3. General Corporate Purpose

4. Issue Expenses

Company Contact Details

Kanone Technologies Limited
B4(1) 46/2678,
Kaniyapilly Road, Chakkaraparambu Vennala,
P.O Ernakulam, Vennala, Ernakulam
Phone: +91 7420010525
Email: kanonetechnologies@gmail.com
Website: http://www.kanone.in/

Registrar Contact Details

Name:

Cameo Corporate Services Ltd

Phone:

+91-44-28460390

Email:

ipo@cameoindia.com

Website:

https://ipostatus1.cameoindia.com/

Lead Mangers

Market Maker

To be announced

Kanone Technologies FAQs

The Kanone Technologies IPO is a SME public issue comprising 4068000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Kanone Technologies IPO opens on TBA.

Kanone Technologies IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Kanone Technologies IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Kanone Technologies IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Kanone Technologies IPO allotment status for updates.

The listing date for the Kanone Technologies IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Kanone Technologies IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.