KEN Enterprises Pvt Ltd is engaged in the textile manufacturing business. The company operates as a design-to-delivery solutions provider for both greige and finished fabrics. It offers high-quality fabrics and apparel solutions to domestic as well as global market. The firm offers different types of fabrics i.e., structures, double layer, three layer, four layer, fashion fabrics with metallic yarns.
The fabrics manufactured are used in the apparel, industrial, technical, home furnishings, and other purposes. It avail third-party manufacturing services for greige fabric on a job work basis in and around Ichalkaranji, Maharashtra.
Ken Enterprises IPO open date is February 5, 2025 and the IPO will close on February 7, 2025. Ken Enterprises IPO price band is ₹94 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Ken Enterprises IPO to list on NSE on February 12, 2025. The allotment of Ken Enterprises IPO date is February 10, 2025.
The company reported revenue of ₹402.21 crores in 2024 against ₹363.96 crore in 2023. The company reported profit of ₹8.93 crores in 2024 against profit of ₹3.95 crores in 2023.
Ken Enterprises IPO Details
| IPO Open Date: | February 5, 2025 |
| IPO Close Date: | February 7, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹94 Per Share |
| Issue Size: | Approx ₹83.65 Crores |
| Fresh Issue: | Approx ₹58.27 Crores |
| Offer for Sale: | Approx 27,00,000 Equity Shares |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
Ken Enterprises IPO Timeline
The Ken Enterprises IPO date is February 5 and the close date is February 7. The Ken Enterprises IPO allotment will be finalized on February 10 and the IPO listing on February 12.
| IPO Open Date: | February 5, 2025 |
| IPO Close Date: | February 7, 2025 |
| Basis of Allotment: | February 10, 2025 |
| Refunds: | February 11, 2025 |
| Credit to Demat Account: | February 11, 2025 |
| IPO Listing Date: | February 12, 2025 |
Ken Enterprises IPO Market Lot
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹94.00 |
| Market Lot: | 1200 Shares |
| 1 Lot Amount: | ₹112800 |
| Min Small HNI Lots(2-10 Lakh): | 2400 shares (2 lots) – ₹225600 |
| Min Big HNI Lots(10+ Lakh): | 10800 shares (9 lots) – ₹1015200 |
Ken Enterprises Limited: Financial Insights & Key Data
| 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 |
