Industrials
Kaynes raised funds through non-convertible debentures
About
Kaynes Technology
Kaynes Technology India Private Ltd, Mysore, India is a leading domestic player in the Electronics System & Design Manufacturing Services Space with global foot print. Kaynes operates 7 manufacturing plants across India. Kaynes strengths in Design, Manufacturing, Infrastructure, Systems, Skill Sets and TQM practices enable it to offer High tech, High Mix, Low and Medium Volume Production along with Value Engineering and Product Data Management for the entire life cycle of the product.
Background
We are pleased to announce that are client Kaynes Technology Private Limited (“Kaynes”), a leading electronics design and manufacturing firm has raised structured debt from a leading Category II Alternative Investment Fund.
Kaynes focuses on the design and manufacture of high mix, high tech , low volume products across industry verticals. Kaynes is a market leader in railway signalling systems and has established significant presence in systems catering to Automobile, Industrial, Defence & Aerospace and Medical sectors.
Kaynes will use the funds to further strengthen design capabilities and grow the business globally .
Veda Corporate Advisors (“VedaCorp”) was the exclusive financial advisor to Kaynes & its promoters in the transaction. VedaCorp provided comprehensive transaction advisory services, including deal structuring and negotiation of agreements, leading to the successful closure of the transaction
“Veda Corporate Advisors has facilitated this transaction efficiently and effectively by understanding the critical needs of both sides and getting the relevant actions on either side in a timely manner as time was of essence here”
Jairam P Sampath
Chief Operating Officer, Kaynes Technology Private Limited
“Kaynes has grown consistently to become a leading EMS firm with global presence. Strong design & manufacturing capabilities along with a marquee client pool has ensured the establishment of a robust platform for Kaynes to expand its portfolio globally and scale up across railways, auto, aerospace, medical and industrial verticals”
Abinandan.T.S
Associate Director, Veda Corporate Advisors