SME · NSESubscribed: 4.30×GMP ₹5
Ken Enterprises Limited

Ken Enterprises Limited

Ken Enterprises Limited(KEN)

Total Shares

88,99,200

Issue Size

₹83.65 Cr

Price Band

94 – ₹94

Lot Size

1200 shares

Min. Investment

1,12,800

Max. Investment

1,12,800

Open Date

05 Feb, 2025

Close Date

07 Feb, 2025

Allotment

10 Feb, 2025

Listing

12 Feb, 2025

Announced

05 Feb, 2025

Opening Date

05 Feb, 2025

Closing Date

07 Feb, 2025

Basis of Allotment

10 Feb, 2025

Initiation of Refunds

11 Feb, 2025

Credit of Shares

11 Feb, 2025

Listing Date

12 Feb, 2025

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About Ken Enterprises Limited IPO

Incorporated in 1998, Ken Enterprises Limited is engaged in the business of textile manufacturing.

The company manufactures fabrics for various purposes, including apparel, industrial, technical, shirtings, and home furnishings.

The company is into manufacturing of greige fabrics. They utilize third-party manufacturing services for the production of greige fabric on a job-work basis, located in and around Ichalkaranji, Maharashtra, a key fabric weaving hub, to enhance their manu

Ken Enterprises Limited IPO Share Price and Issue Size

Issue Breakdown

Total Issue88,99,200 shares₹83.65 Cr
Fresh Issue61,99,200 shares₹ 58.27 Cr
Offer for Sale27,00,000 shares₹25.38 Cr

Shareholding

Pre-Issue1,83,66,280
Post-Issue2,45,65,480

Dilution: 33.8% increase in shares

Ken Enterprises Limited IPO Financials Health

Ken Enterprises Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum112001,12,800
Retail Maximum112001,12,800
HNI Minimum224002,25,600

(All values in CR)

Ken Enterprises Limited IPO Valuation

MetricValue
DEBT/EQUITY0.09
EPS Post IPO5.82
EPS Pre IPO4.86
P/E Post IPO16.16
P/E Pre IPO19.34
PAT MARGIN2.22
PRICE TO BOOK VALUE3.85
ROCE51.52%
ROE19.90%
RONW19.90%

(All values in CR)

Strength & Risk of Ken Enterprises Limited IPO

+Strengths

1. Diversified range of services offered.

2. Strong Client base.

3. Experience of our Promoter and core management team.

4. Quality Assurance.

5. Cost competitiveness and time bound delivery.

!Risks

1. We are dependent on third party manufacturers to manufacture our products on job work basis. Our business is therefore dependent to a large extent on expected performance and operation of such manufacturers.

2. There have been certain instances of non-compliances in respect of ROC filing or payments. Any penalty or action taken by any regulatory authorities in future for non-compliance with provisions of all applicable law and other law could impact on the financial position of the Company to that extent. Further, few form are not available in the company records.

3. Our logo and Trade Mark ken and KEN are not registered yet with Registrar of Trademark; any infringement of our brand name or failure to get it registered may adversely affect our business.

4. We have experienced negative cash flows in the past and may continue to do so in the future and the same may adversely affect our cash flow requirements, which in turn may adversely affect our ability to operate our business and implement our growth plans, thereby affecting our financial condition.

5. Our operations are geographically located in one area i.e. Ichalkaranji, Kolhapur, Maharashtra and any localized social unrest, natural calamities, etc. could have material adverse effect on business and financial operations.

6. Our business is vulnerable to variations in demand and changes in consumer preferences, which could have an adverse effect on our business, results of operations and financial condition.

7. If we are unable to procure raw material of the required quality and quantity, at competitive prices and in absence of any long term contract or agreement with our suppliers, our business, results of operations and financial condition may be adversely affected.

8. Our Promoters and Directors have extended mortgage over their properties along with personal guarantees with respect to various loan facilities availed by our Company. Revocation of any or all of these personal guarantees may adversely affect our business operations and financial condition.

9. Our Registered Office, a part of our factory I and warehouse from where we operate are not owned by our Company. Any adverse impact on the title /ownership rights of the owner, from who's premises we operate our registered office, part of our Factory I and warehouse or breach of the terms / non-renewal of the rent agreements, may cause disruption in our corporate affairs and business and impede our effective operations and thus adversely affect our profitability.

10. Our industry is labour intensive and our business operations may be materially adversely affected by strikes, work stoppages or increased wage demands by our employees or those of our suppliers.

Ken Enterprises Limited IPO Subscription Status

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
HNI1.7442,27,00073,54,80069.14
Market Maker1.004,45,2004,45,2004.18
Retail6.8642,27,0002,90,12,400272.72
Total4.3084,54,0003,63,67,200341.85

Ken Enterprises Limited IPO GMP

00.0%

Last updated 31 Jan, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
31 Jan, 202594₹0--₹94 (0.00%)-31 Jan, 2025
01 Feb, 202594₹0--₹94 (0.00%)-01 Feb, 2025
02 Feb, 202594₹0--₹94 (0.00%)-02 Feb, 2025
03 Feb, 202594₹0--₹94 (0.00%)-03 Feb, 2025
04 Feb, 202594₹3632800₹130 (38.30%)-04 Feb, 2025
05 Feb, 202594₹2522800₹119 (26.60%)-05 Feb, 2025
06 Feb, 202594₹54600₹99 (5.32%)-06 Feb, 2025
07 Feb, 202594₹54600₹99 (5.32%)-07 Feb, 2025
10 Feb, 202594₹54600₹99 (5.32%)-10 Feb, 2025
11 Feb, 202594₹54600₹99 (5.32%)-11 Feb, 2025
12 Feb, 202594₹54600₹99 (5.32%)-12 Feb, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Ken Enterprises Limited IPO

1

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2

Go to IPO Section

Find Ken Enterprises Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.