Ken Enterprises Limited
Feb 5, 2025 - Feb 7, 2025
Ken Enterprises Limited IPO Details
Status
listed
Issue Price
₹94.00
Lot Size
1200 Shares
Subscription
4.36 times
Listing Price
₹85 (-9.57%)
Face Value
₹10 Per share
Issue Size
Approx ₹83.65 Cr
Fresh Issue
Approx ₹58.27 Cr
Total Shares Offered
Approx ₹25.38 Cr
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Fixed Price Issue IPO
Listing On
NSE SME
Registrar
Skyline Financial Services Private Ltd
NSE Code
KEN
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹4.86
Price/Earning P/E Ratio
19.34
Return on Net Worth (RoNW)
19.90%
Net Asset Value (NAV)
₹24.42
Promoters
Pre issue Share Holding
81.21%
Post issue Share Holding
49.72%
Company Promoters
- Mr. Nikunj Hariprasad Bagdiyaand
- Mrs. Bina Hariprasad Bagdiya
Lead Managers
Corporate Makers Capital Ltd.
Live Subscription
| Date | NII* | Retail | Total |
|---|---|---|---|
| Feb 5, 2025 | 0.77 | 3.25 | 2.01 |
| Feb 6, 2025 | 1.32 | 6.08 | 3.7 |
| Feb 7, 2025 | 1.75 | 6.86 | 4.36 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,12,800 |
| Retail (Max) | 1 | 1200 | ₹1,12,800 |
| HNI (Min) | 2 | 2,400 | ₹2,25,600 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 4,45,200 (5%) |
| Other Shares Offered | 42,27,000 (47.5%) |
| Retail Shares Offered | 42,27,000 (47.5%) |
| Total Shares Offered | 88,99,201 (100%) |
Company Financial
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 266.3 | 242.15 | 195.16 | 187.26 |
| Revenue | 332.85 | 409.13 | 375.23 | 360.32 |
| Profit After Tax | 9.53 | 8.93 | 3.95 | 2.36 |
| Net Worth | 54.38 | 44.85 | 35.93 | 31.98 |
| Reserves and Surplus | 36.01 | 42.27 | 33.34 | 29.39 |
| Total Borrowing | 43.14 | 47.84 | 49.45 | 41.01 |
About Company
They specialize in manufacturing greige fabrics and rely on third-party manufacturers in and around Ichalkaranji, Maharashtra, to increase production capacity. This region is a major hub for fabric weaving.
Their business model focuses on delivering high-quality fabrics and ensuring customer satisfaction. They supply both regular and sustainable greige and finished fabrics based on customer orders. Their product range includes greige, dyed (through third parties), printed, and RFD/PFD fabrics.
The company operates two manufacturing units in Shirol taluka near Ichalkaranji, covering about 50,000 square feet and equipped with the necessary machinery.
Product range:
- High-value apparel fabrics
- Voiles for women's clothing
- Light canvas fabrics for shoe uppers, bags, and cargo pants
- Organic and sustainable fabrics for premium apparel
- Bed linen for home textiles
- Shoe canvases for footwear
As of December 31, 2024, the company had 228 permanent employees.
Key strengths:
- Experienced leadership with a dedicated workforce
- Strong financial performance
- Asset-light business model
- Long-term relationships with clients
- Wide product range offering a one-stop sourcing solution
- In-house product development expertise
- Quick development and fast delivery times
Company Contact
9/621,industrial estate near kalyan kendra,ichalkaranji, 416115
Phone: 91-0230-2438538
Email: cs@kenindia.in
Website: http://www.kenindia.in/