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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1,200 | ₹1,12,800 |
Retail Maximum | 1 | 1,200 | ₹1,12,800 |
S-HNI Minimum | 2 | 2,400 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Laxmi Cotspin Limited | (0.14) | NA | (0.38)% | 30.88 | 144.02 Cr. |
Pashupati Cotspin Limited | 5.43 | 113.44 | 7.00% | 77.57 | 658.38 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
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- 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?
When Ken Enterprises IPO will open for subscription?
What is Ken Enterprises IPO Investors Portion?
How to Apply the Ken Enterprises IPO?
What is Ken Enterprises IPO Issue Size?
What is Ken Enterprises IPO Price Band?
What is Ken Enterprises IPO Lot Size?
What is the Ken Enterprises IPO Allotment Date?
What is the Ken Enterprises IPO Listing Date?
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).