Ken Enterprises IPO Date, Review, Price, Allotment Details

Ken Enterprises IPO open date is February 5, 2025 and the IPO will close on February 7, 2025. Ken Enterprises IPO is a Fixed Price Issue. The company to raise around ₹83.65 crores via IPO that comprises fresh issue of ₹58.27 crores and offer for sale up to 27,00,000 equity shares with face value of ₹10 each.

Ken Enterprises IPO price band is ₹94 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Ken Enterprises IPO to list on NSE on February 12, 2025. The allotment of Ken Enterprises IPO date is February 10, 2025.

The company reported revenue of ₹402.21 crores in 2024 against ₹363.96 crore in 2023. The company reported profit of ₹8.93 crores in 2024 against profit of ₹3.95 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Ken Enterprises IPO Details

IPO Open Date:February 5, 2025
IPO Close Date:February 7, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹94 Per Share
Issue Size:Approx ₹83.65 Crores
Fresh Issue:Approx ₹58.27 Crores
Offer for Sale:Approx 27,00,000 Equity Shares
Issue Type:Fixed Price Issue
IPO Listing:NSE SME
Retail Quota:Not more than 50%
QIB Quota:Not more than 00%
NII Quota:Not more than 50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Ken Enterprises IPO Market Lot

The Ken Enterprises IPO minimum market lot is 1200 shares with ₹1,12,800 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,200₹1,12,800
Retail Maximum11,200₹1,12,800
S-HNI Minimum22,400₹2,25,600

Ken Enterprises IPO Dates

The Ken Enterprises IPO date is February 5 and the close date is February 7. The Ken Enterprises IPO allotment will be finalized on February 10 and the IPO listing on February 12.

IPO Open Date:February 5, 2025
IPO Close Date:February 7, 2025
Basis of Allotment:February 10, 2025
Refunds:February 11, 2025
Credit to Demat Account:February 11, 2025
IPO Listing Date:February 12, 2025

Promoters of Ken Enterprises IPO

The promoters of the company are Mr. Nikunj Hariprasad Bagdiya, and Mrs. Bina Hariprasad Bagdiya.

About Ken Enterprises IPO

After being established in 1998, Ken Enterprises, the company’s business focused on quality and customer satisfaction, supplying regular and sustainable greige and finished fabrics on an order-to-order basis, and it has also sold in domestic and international markets. Ken Enterprises is an ISO 9001:2015 certified company that has earned multiple awards from the Cotton Textiles Export Promotion Council (Texprocil) in recent years. Further, the product range includes greige, dyed (supported by third parties), printed, and RFD/PFD fabrics. The company has also developed solid relationships with major global brands like ZARA, Target, and Primark. the company has two manufacturing units, both located in Shirol taluka near Ichalkaranji, covering a combined area of approximately 50,000 square feet and equipped with the necessary machinery.

Ken Enterprises IPO Company Financial Report

The company reported revenue of ₹402.21 crores in 2024 against ₹363.96 crore in 2023. The company reported profit of ₹8.93 crores in 2024 against profit of ₹3.95 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹354.80₹356.67₹2.36₹187.26
2023₹363.96₹370.25₹3.95₹195.16
2024₹402.21₹397.21₹8.93₹242.15
November 2024₹326.42₹319.92₹9.53₹266.30

Ken Enterprises IPO Valuation – FY2024

Check Ken Enterprises IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:19.90%
ROCE:51.52%
EBITDA Margin:4.91%
PAT Margin:2.22%
Debt to equity ratio:0.09
Earning Per Share (EPS):₹4.86 (Basic)
Price/Earning P/E Ratio:19.34
Return on Net Worth (RoNW):19.90%
Net Asset Value (NAV):₹24.42

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Laxmi Cotspin Limited(0.14)NA(0.38)%30.88144.02 Cr.
Pashupati Cotspin Limited5.43113.447.00%77.57658.38 Cr.

Objects of the Issue

  • 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 Review

  • IPO Watch – May Apply
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  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Ken Enterprises IPO Registrar

Skyline Financial Services Pvt Ltd
Phone: +91-11-40450193-97
Email: compliances@skylinerta.com
Website: www.skylinerta.com

IPO Lead Managers aka Merchant Bankers

  • Corporate Makers Capital Limited

Company Address

Ken Enterprises Limited
9/621 Industrial Estate near Kalyan Kendra,
Ichalkaranji, Maharashtra – 416115, India
Phone: +91-0230-2438538
E-mail: cs@kenindia.in
Website: www.kenindia.in

Ken Enterprises IPO FAQs

What is Ken Enterprises IPO?

Ken Enterprises IPO is a SME IPO. The company is going to raise ₹83.65 Crores via IPO. The issue is priced at ₹94 per equity share. The IPO is to be listed on NSE.

When Ken Enterprises IPO will open for subscription?

The IPO is to open on February 5, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 7, 2025.

What is Ken Enterprises IPO Investors Portion?

The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.

How to Apply the Ken Enterprises IPO?

You can apply for Ken Enterprises IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Ken Enterprises IPO Issue Size?

Ken Enterprises IPO issue size is ₹83.65 crores.

What is Ken Enterprises IPO Price Band?

Ken Enterprises IPO Price Band is ₹94.

What is Ken Enterprises IPO Lot Size?

The minimum bid is 1200 Shares with ₹1,12,800 amount.

What is the Ken Enterprises IPO Allotment Date?

Ken Enterprises IPO allotment date is February 10, 2025.

What is the Ken Enterprises IPO Listing Date?

Ken Enterprises IPO listing date is February 12, 2025. The IPO is to list on NSE.

Note: The Ken Enterprises IPO price band and date are officially announced. The (Ken Enterprises IPO grey market premium) will be added to the IPO GMP page as it will start).
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