Ken Enterprises Limited IPO
NSE SMEListed On: Feb 12, 2025 at ₹ 85.0
₹ 112800 /1200 Shares
Check Allotment05 Feb, 2025
Open Date07 Feb, 2025
Close Date10 Feb, 2025
Allotment Date12 Feb, 2025
Listing DateIssue Price
₹94 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
85.0Listing Date
2025-02-12Market Lot
1200 Shares (₹112,800/-)Lead Manager
Corporate Makers Capital Ltd.Issue Size
88,99,200 shares(aggregating up to ₹83.65 Cr)Retail Portion
35%Subscription
4.36 times
The IPO of Ken Enterprises is priced at ₹94 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.
Ken Enterprises IPO bid opening date is from Feb 5, 2025 and the bid closing date was Feb 7, 2025.
Ken Enterprises IPO allotment result will be available on Feb 10, 2025. The tentative listing date for Ken Enterprises is Feb 12, 2025.
The total issue size is 88,99,200 shares(aggregating up to ₹83.65 Cr).
Ken Enterprises IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 42,27,000 | 42,27,000 | 84,154,000 |
| Day 1 - 05-02-25 06:00 PM | 0.77 x | 3.25 x | 2.01 x |
| Day 2 - 06-02-25 06:00 PM | 1.32 x | 6.08 x | 4.70 x |
| Day 3 - 07-02-25 06:00 PM | 1.85 x | 6.86 x | 4.36 x |
Ken Enterprises Valuations
EPS Pre IPO
₹4.86/-EPS Post IPO
₹5.82/-P/E Pre IPO
19.34P/E Post IPO
16.16ROE
19.90%ROCE
51.52%Debt/Equity
0.09RoNW
19.90%PAT Margin
2.22Price to Book Value
3.85Ken Enterprises Company Financials All values are in ₹ Cr.
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 242.15 | 195.16 | 187.26 |
| Revenue | 409.13 | 375.23 | 360.32 |
| Profit After Tax | 8.93 | 3.95 | 2.36 |
| Net Worth | 44.85 | 35.93 | 31.98 |
| Reserves & Surplus | 42.27 | 33.34 | 29.39 |
| Total Borrowing | 47.84 | 49.45 | 41.01 |
About The Company
Ken Enterprises Limited was incorporated in 1998 and is involved in the business of textile manufacturing.
The company manufactures greige fabrics for various purposes, such as apparel, industrial, technical, shirtings, and home furnishings.
The company is into manufacturing of greige fabrics. They use third-party manufacturing services to produce greige fabric on a job-work basis located in and around Ichalkaranji, Maharashtra, a key fabric weaving hub, to increase their manufacturing capacity.
The company focuses on quality and customer satisfaction with an order-to-order supply of regular and sustainable greige and finished fabrics. Its product range is greige, dyed (third party supported), printed, and RFD/PFD.
The company has two manufacturing units located in Shirol taluka near Ichalkaranji. The combined area of both manufacturing units is approximately 50,000 square feet and equipped with the required machinery.
Ken Enterprises - Promoter(s)
Pre Issue Share Holding: 81.21%
Post Issue Share Holding: 49.72%
- Mr. Nikunj Hariprasad Bagdiyaand
- Mrs. Bina Hariprasad Bagdiya
Ken Enterprises IPO - Issue Objectives
- Unidentified Acquisitions in India and abroad
- Purchase of New Machinery
- Capital Expenditure for renovation of both Manufacturing Facilities
- To meet Working Capital Requirements
Other Details
Ken Enterprises
9/621,, Industrial Estate Near Kalyan Kendra, Ichalkaranji, 416115Skyline Financial Services Private Ltd
Ken Enterprises IPO - FAQs
Ans. Ken Enterprises Limited IPO is a SME IPO. The issue is priced at ₹94 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Feb 5, 2025, and closes on Feb 7, 2025. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Ken Enterprises Limited IPO opens on Feb 5, 2025 and closes on Feb 7, 2025.
Ans. The size of Ken Enterprises Limited IPO is 88,99,200 shares(aggregating up to ₹83.65 Cr).
Ans. The IPO price band is set between ₹94 per equity share.
Ans. To apply for Ken Enterprises Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ken Enterprises Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ken Enterprises Limited IPO is Feb 10, 2025.
Ans. The Ken Enterprises Limited IPO will be listed on Feb 12, 2025.
Ans. Follow the steps to check the allotment status for Ken Enterprises Limited IPO here.
