Ken Enterprises Limited IPO
NSE SMEListed On: Feb 12, 2025 at ₹ 85.0
₹ 225600 /2400 Shares
*Min Investment
05 Feb, 2025
Open Date07 Feb, 2025
Close Date10 Feb, 2025
Allotment Date12 Feb, 2025
Listing DateKen Enterprises IPO Issue Details
- Issue Price ₹94 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 88,99,200 shares(aggregating up to ₹83.65 crore)
- Fresh Share 61,99,200 shares(aggregating up to ₹58.27 crore)
- Offer For Sale 27,00,000 shares(aggregating up to ₹25.38 crore)
- Listing at NSE SME
- List Price 85.0
- Listing Date 2025-02-12
- Lead Manager Corporate Makers Capital Ltd.
- Registrar Skyline Financial Services Private 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 Reservation
Ken Enterprises IPO offers total 88,99,201 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,42,27,000 (47.5%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| 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 Details
Ken Enterprises Limited IPO is an SME IPO, priced at ₹94 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 88,99,200 equity shares, aggregating up to ₹83.65 crores..
The IPO bidding window is open from Feb 5, 2025 to Feb 7, 2025. The allotment is expected to be finalized on Feb 10, 2025, and the tentative listing date is Feb 12, 2025.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,12,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,25,600.
Corporate Makers Capital Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Ken Enterprises IPO Subscription Analysis And 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
Ken Enterprises Company Financials
| 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 Ken Enterprises 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)
Mr. Nikunj Hariprasad Bagdiyaand
Mrs. Bina Hariprasad Bagdiya
Pre Issue Share Holding : 81.21%
Post Issue Share Holding : 49.72%
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:
- Current market price is taken as on January 28, 2024.
- 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 Details
Ken Enterprises
9/621,, Industrial Estate Near Kalyan Kendra, Ichalkaranji, 416115
+91-0230-2438538
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Ken Enterprises Limited IPO is 88,99,200 shares(aggregating up to ₹83.65 Cr).
Ans. The Ken Enterprises Limited IPO price band is set between ₹94 per equity share.
Ans. To apply for Ken Enterprises Limited 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 Ken Enterprises Limited IPO allotment status online.
