
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
Max. Investment
₹1,12,800
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
Shareholding
Dilution: 33.8% increase in shares
Ken Enterprises Limited IPO Financials Health
Ken Enterprises Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,12,800 |
| Retail Maximum | 1 | 1200 | ₹1,12,800 |
| HNI Minimum | 2 | 2400 | ₹2,25,600 |
(All values in CR)
Ken Enterprises Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 0.09 |
| EPS Post IPO | 5.82 |
| EPS Pre IPO | 4.86 |
| P/E Post IPO | 16.16 |
| P/E Pre IPO | 19.34 |
| PAT MARGIN | 2.22 |
| PRICE TO BOOK VALUE | 3.85 |
| ROCE | 51.52% |
| ROE | 19.90% |
| RONW | 19.90% |
(All values in CR)
Strength & Risk of Ken Enterprises Limited IPO
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.
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 Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| HNI | 1.74 | 42,27,000 | 73,54,800 | 69.14 |
| Market Maker | 1.00 | 4,45,200 | 4,45,200 | 4.18 |
| Retail | 6.86 | 42,27,000 | 2,90,12,400 | 272.72 |
| Total | 4.30 | 84,54,000 | 3,63,67,200 | 341.85 |
Ken Enterprises Limited IPO GMP
Last updated 31 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 31 Jan, 2025 | 94 | ₹0 | -- | ₹94 (0.00%) | - | 31 Jan, 2025 |
| 01 Feb, 2025 | 94 | ₹0 | -- | ₹94 (0.00%) | - | 01 Feb, 2025 |
| 02 Feb, 2025 | 94 | ₹0 | -- | ₹94 (0.00%) | - | 02 Feb, 2025 |
| 03 Feb, 2025 | 94 | ₹0▼ | -- | ₹94 (0.00%) | - | 03 Feb, 2025 |
| 04 Feb, 2025 | 94 | ₹36▲ | 32800 | ₹130 (38.30%) | - | 04 Feb, 2025 |
| 05 Feb, 2025 | 94 | ₹25▲ | 22800 | ₹119 (26.60%) | - | 05 Feb, 2025 |
| 06 Feb, 2025 | 94 | ₹5 | 4600 | ₹99 (5.32%) | - | 06 Feb, 2025 |
| 07 Feb, 2025 | 94 | ₹5 | 4600 | ₹99 (5.32%) | - | 07 Feb, 2025 |
| 10 Feb, 2025 | 94 | ₹5 | 4600 | ₹99 (5.32%) | - | 10 Feb, 2025 |
| 11 Feb, 2025 | 94 | ₹5 | 4600 | ₹99 (5.32%) | - | 11 Feb, 2025 |
| 12 Feb, 2025 | 94 | ₹5 | 4600 | ₹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.
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