Ken Enterprises IPO subscription started on Wednesday, February 5, 2025, and will close on February 7, 2025, as per the schedule. The price band is set at ₹94 per share with a face value of ₹10.
Ken Enterprises IPO Subscription Status
Ken Enterprises IPO Subscribed over 3.68x on its second day till 5.00 PM on February 6, 2025.
- Ken Enterprises IPOsubscription QIB investors’ portion was 0 times, while NII subscribers subscribed 1.32 times, and RII investors subscribed 6.03 times.
- The company has received bids for 3,10,71,600 shares against 84,54,001 on offer for the second-day subscription.
- Ken Enterprises IPO subscribed over 3.68x on its second day.
- Ken Enterprises IPO Subscribed over 1.99x on its first day.
About Ken Enterprises Company
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 Financial Report
The company reported revenue of ₹402.21 crores in 2024 against ₹363.96 crores in 2023. The company reported a profit of ₹8.93 crores in 2024 against a profit of ₹3.95 crores in 2023.
Ken Enterprises IPO GMP:
Ken Enterprises IPO GMP was ₹25 as of Thursday, 6th February 2025. That indicates the IPO is trading at ₹119 with ₹25 premium in the grey market against the issue price of ₹94.
