Ken Enterprises IPO

Ken Enterprises is an NSE SME IPO listed on the NSE SME platform, priced at ₹94 per share. The stock debuted at ₹85. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,12,800.

Ken Enterprises Limited IPO

NSE SME Listed
₹1,12,800 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 5, 2025 – Feb 7, 2025
Price band
₹94 per equity share
Minimum Investment
₹1,12,800
Issue size
₹83.65 Cr
Lot size
1200
Allotment Date
Feb 10, 2025
Listing
Feb 12, 2025
Listing At
NSE SME

IPO timeline

  1. Feb 5, 2025

    Open Date

    Completed

  2. Feb 7, 2025

    Close Date

    Completed

  3. Feb 10, 2025

    Allotment Date

    Completed

  4. Feb 12, 2025

    Listing Date

    Completed

Ken Enterprises IPO Essentials

Ken Enterprises IPO Details

Ken Enterprises IPO is priced at ₹94 per share with a total issue size of 83.65 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.

Issue price
₹94 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
88,99,200 shares(aggregating up to ₹83.65 Cr)
Total issue size
88,99,200 shares
(aggregating up to ₹83.65 crore)
Fresh issue
61,99,200 shares
(aggregating up to ₹58.27 crore)
Offer for sale (OFS)
27,00,000 shares
(aggregating up to ₹25.38 crore)
Listing at
NSE SME
List price
85.0
Listing date
Registrar
Skyline Financial Services Private Ltd
Lead manager
Corporate Makers Capital Ltd.

Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,12,800
Retail(max) 1 1200 ₹1,12,800
NII (min) 2 2,400 ₹2,25,600

Ken Enterprises IPO Documents

Ken Enterprises IPO Reservation

Ken Enterprises IPO reservation details show category-wise allocation of shares. Out of the total 88,99,201 shares, approximately 47.5% for retail investors, and 5% for market maker.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
Market Maker Shares Offered 4,45,200 (5%)
Retail Shares Offered 42,27,000 (47.5%)
Total Shares Offered 88,99,201 (100%)

Ken Enterprises IPO Analytics

Ken Enterprises IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Ken Enterprises IPO Subscription Status

Ken Enterprises IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹4.86/-
EPS Post IPO
₹5.82/-
P/E Pre IPO
19.34
P/E Post IPO
16.16

Returns

ROE
19.90%
ROCE
51.52%
RoNW
19.90%
PAT Margin
2.22

Fundamentals

Debt / Equity
0.09
Price / Book
3.85

Data sourced from DRHP / RHP • For educational purposes only

Ken Enterprises Financials( In Crs.)

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

Ken Enterprises Company & Offer Insights

About Ken Enterprises

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)

Mr. Nikunj Hariprasad Bagdiyaand, Mrs. Bina Hariprasad Bagdiya are the company's promoters of Ken Enterprises.

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

Ken Enterprises IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Ken Enterprises Limited 4.86 4.86 24.42 19.34 19.9 3.92 Standalone
Laxmi Cotspin Limited -0.14 -0.14 30.88 N/A -0.38 0.87 Standalone
Pashupati Cotspin Limited 5.43 5.43 77.57 113.44 7 8 Standalone

Notes:

  1. Current market price is taken as on January 28, 2024.
  2. The P/E Ratio has been computed based on the closing market price of equity shares on January 28, 2024, divided by the EPS as on March 31, 2024.

Contact Information

Contact Details

Ken Enterprises

+91-0230-2438538

cs@kenindia.in

http://www.kenindia.in/

9/621,, Industrial Estate Near Kalyan Kendra, Ichalkaranji, 416115

Registrar Contact Details

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Frequently Asked Questions

Click any question to reveal the answer

Ken Enterprises IPO is a Fixed Priced IPO worth ₹83.65 crore. The issue price is ₹94 per share (fixed price). The IPO opens on Feb 5, 2025 and closes on Feb 7, 2025. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.

The issue price of Ken Enterprises IPO is ₹94 per share (fixed price).

The lot size of Ken Enterprises IPO is 1200 shares.

The minimum investment for Ken Enterprises IPO is approximately ₹1,12,800 based on the issue price .

Ken Enterprises IPO opens on Feb 5, 2025 and closes on Feb 7, 2025.

The allotment date of Ken Enterprises IPO is Feb 10, 2025.

Ken Enterprises IPO is expected to be listed on Feb 12, 2025, on NSE SME Platform.

Ken Enterprises IPO valuation snapshot: P/E 16.16, EPS ₹5.82/-, P/B 3.85, RoNW 19.90%, and market cap N/A.

To apply for Ken Enterprises IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Ken Enterprises IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Ken Enterprises IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Ken Enterprises IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ken Enterprises IPO allotment status on IPO Ji for quick and easy access.