Ken Enterprises Limited IPO is opening on 5 February 2025 and will run until 7 February 2025. This SME IPO will be raising ₹83.65 crore from a mix of fresh issue of 61.99 lakh shares worth ₹58.27 crore, and offer for sale (OFS) of 27 lakh shares amounting to ₹25.38 crore.
The Ken Enterprises IPO allotment date will be finalized on Monday, 10 February 2025. Ken Enterprises shares will probably be listed on NSE SME on Wednesday, 12 February 2025.
Ken Enterprises IPO is a fixed price issue, where the fixed price is ₹94 per share. The IPO lot size is 1200 per application which makes the minimum retail investment ₹112800. For the HNIs, it is 2 lots that are 2400 shares as the minimum subscription requirement which is worth ₹225600.
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Ken Enterprises NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | February 5, 2025 |
| IPO Closing Date | February 7, 2025 |
| Tentative IPO Listing Date | February 12, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹94 per share |
| Lot Size | 1200 shares |
| Total Issue Size | 8899200 (₹83.65 Cr) |
| Fresh Issue | 6199200 (₹58.27 Cr) |
| OFS | 2700000 (₹25.38 Cr) |
| IPO Segment | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 18366280 shares |
| Share Holding Post-Issue | 24565480 shares |
Ken Enterprises Limited | Company Overview
Ken Enterprises Limited was established in the year 1998 when it started its journey with textile manufacturing. It manufactures different fabrics, for different purposes, which include making apparels, shirting, technical, and industrial requirements, and also for home furniture.
One of the specialities of the firm is that they are into manufacturing greige fabric and they do it via other vendors who manufacture the fabric on a job-work basis. They supply this fabric on order-to-order basis.
The company has its two manufacturing units located in Shirol Taluka which is in Ichalkaranji and these two units jointly covers an area of around 50000 square feet and have all the necessary machinery.
The product range of the firm includes –
- High-Value Apparel Fabrics
- Bed Linen: For Home Textiles
- Light Canvas fabrics: For Shoe uppers, Bags, Cargo pants
- Voiles: for Ladies wear
- Organic and sustainable fabrics: For High-end apparel
- Shoe Canvases: For Shoes
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Ken Enterprises Limited IPO | Key Details
- Ken Enterprises IPO Opening Date: February 5, 2025,
- Ken Enterprises IPO Closing Date: February 7, 2025.
- Allotment Date: February 10, 2025
- Price Band: ₹94 per share
- Lot Size: 1200 shares
- Refunds Initiated: February 11, 2025
- Shares Credited to Demat: February 11, 2025
- Listing Date: February 12, 2025
Ken Enterprises Ltd: Financial Overview
Ken Enterprises Limited’s profits in FY24 rose by 126.1% while revenue was just up by 9.03%.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 242.15 | 195.16 | 46.99 | 24.07767985 |
| Revenue | 409.13 | 375.23 | 33.9 | 9.034458865 |
| Profit After Tax | 8.93 | 3.95 | 4.98 | 126.0759494 |
| Net Worth | 44.85 | 35.93 | 8.92 | 24.82605065 |
| Reserve & Surplus | 42.27 | 33.34 | 8.93 | 26.78464307 |
| Total Borrowing | 47.84 | 49.45 | -1.61 | -3.25581395 |
Ken Enterprises Ltd IPO | FAQs
Ken Enterprises Ltd is engaged in manufacturing different fabrics, for the industrial, fashion, and home furniture industries.
The tentative IPO listing date of Ken Enterprises has been fixed as Tuesday, February 12, 2025.
The bidding date for the Ken Enterprises IPO is February 5 2025, and it will continue until February 7 2025.
The minimum IPO lot size for Ken Enterprises is 1200 shares and for HNIs, it is 2 lots or 2400 shares.
The IPO allotment is expected to be finalized on Friday, February 10, 2025.
The IPO face value is set at ₹10 per share.
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