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Allotment

Ken Enterprises Limited

Ken Enterprises is launching a fixed price IPO of ₹83.65 crore, comprising a fresh issue of 0.62 crore shares worth ₹58.27 crore and an offer for sale of 0.27 crore shares worth ₹25.38 crore. The proceeds from the fresh issue will go to the company, while the offer for sale proceeds will be received by the selling shareholders.

Issue Details
The IPO price is set at ₹94 per share. The lot size for an application is 1,200 shares, and investors can bid for a minimum of 1,200 shares and in multiples thereof. Retail investors can invest a minimum of ₹1,12,800, while High Net Worth Individuals (HNIs) must invest in 2 lots (2,400 shares) totaling ₹2,25,600.

Timeline
The IPO opened on February 5, 2025, and closed on February 7, 2025. The allotment was finalized on February 10, 2025, and the shares were subsequently listed on NSE SME on February 12, 2025.

Key Participants
Corporate Makers Capital Ltd. acted as the Book Running Lead Manager, Skyline Financial Services Pvt. Ltd. is the Registrar of the Issue, and Giriraj Stock Broking Pvt. Ltd. serves as the Market Maker, ensuring liquidity and smooth trading post-listing.

Ken Enterprises Limited IPO & Charts
₹94

0%

Open

₹94

HIgh - Low

₹94

Previous Close

₹94

Total Traded Value

0

52 Weeks High

₹94

52 Weeks Low

₹94

Updates On

Jan 30, 2025

IPO. Open

Feb 5, 2026

IPO. Close

Feb 7, 2026

IPO. Price

₹94.00

IPO Market price

₹230.92 Cr

IPO Details

IPO Date 12 Feb
IPO Listing Date 12 Feb
IPO Face Value ₹10 per share
IPO Price Range ₹94.00
IPO Issue Size 88,99,200 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount -
IPO Issue Type Fixed Price IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 1,83,66,280 shares

IPO Timeline

IPO Open Date 5 Feb
IPO Close Date 7 Feb
IPO Allotment (Tentative) 10 Feb
Refunds 11 Feb
Credit to Demat Account 11 Feb
IPO Listing Date 12 Feb

IPO Reservation

Category Offer
QIB Shares Offered -
NII (HNI) Shares Offered 17,23,200 (19.36%) Shares
Retail Shares Offered 67,30,800 Shares

IPO Lot Size

Investors may apply for a minimum of 1,200 shares, with additional bids allowed in multiples of 1,200 shares.

Application Lots Share Amount
Retail (Min) 1 1,200 ₹1,12,800
Retail (Max) 1 1,200 ₹1,12,800
S-HNI (Min) 2 2,400 ₹2,25,600
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Incorporated in 1998, Ken Enterprises Limited is a textile manufacturing company specializing in fabrics for apparel, industrial, technical, shirtings, and home furnishings. The company focuses on producing high-quality greige fabrics and finished textiles, emphasizing customer satisfaction and sustainable production.

Operations and Manufacturing
Ken Enterprises operates two manufacturing units in Shirol taluka, near Ichalkaranji, Maharashtra, covering a combined area of approximately 50,000 sq. ft. The company leverages third-party manufacturing services for greige fabrics on a job-work basis, enhancing capacity while maintaining flexibility and efficiency in production. Its business model ensures order-to-order supply of regular and sustainable fabrics, including greige, dyed (via third-party support), printed, and RFD/PFD fabrics.

Product Portfolio
The company offers a diverse range of products, including:

High-Value Apparel Fabrics

Voiles for ladieswear

Light Canvas Fabrics for shoes, bags, and cargo pants

Organic and Sustainable Fabrics for premium apparel

Bed Linen for home textiles

Shoe Canvases for footwear manufacturing

Workforce and Competitive Strengths
As of December 31, 2024, Ken Enterprises employed 228 permanent staff members. Its competitive strengths include an experienced leadership team, a robust financial performance, an asset-light manufacturing model, established client relationships, a diverse product portfolio offering single-point sourcing solutions, in-house product development expertise, and the ability to achieve fast product development and short delivery times.

-

Company Financials (Consolidated)

Assets 266.3 242.15 195.16
Total Income 332.85 409.13 375.23
Profit After Tax 9.53 8.93 3.95
EBITDA - - -
NET Worth 54.38 44.85 35.93
Reserves and Surplus 36.01 42.27 33.34
Total Borrowing 43.14 47.84 49.45

Key Performance Indicator (KPI)

ROE 19.90%
ROCE 51.52%
Debt/Equity 0.09
RoNW 19.90%
PAT Margin 2.22%
EBITDA Margin -
Price to Book Value 3.85
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries 0
2 To meet out the expenses of Working Capital Requirement 0
3 To meet out the General Corporate Purposes; 0
4 Offer for Sale (OFS) -

Contact Details

Ken Enterprises Ltd. Address
9/621,
Industrial Estate,
Near Kalyan Kendra
Ichalkaranji, Maharashtra, 416115
91-0230-2438538
cs@kenindia.in
http://www.kenindia.in/

Detail Registrar

IPO Registrar

Skyline Financial Services Pvt.Ltd.
02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php

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