Ken Enterprises SME: Check IPO Date, Live Subscription and Key Details
Ken Enterprises Limited, established in 1998, is engaged in textile manufacturing, specializing in greige fabrics for apparel, industrial, technical, shirting, and home furnishings. To expand production, the company utilizes third-party manufacturing in Ichalkaranji, Maharashtra, a key fabric weaving hub. It emphasizes quality and customer satisfaction, offering greige, dyed (third-party supported), printed, and RFD/PFD fabrics on an order-to-order basis
Price Range
₹94.00
Issue Size
₹83.65 Cr
Lot Size
1,200 shares
IPO Type
NSE SME
GMP
₹5(+5.32%)
Est. Listing Price
₹99
Estimate Profit
₹12,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
5.82
P/E Ratio
16.16
RoNW
19.9%
ROE
19.9%
Debt to Equity
0.09
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Timeline
IPO Opens
5 Feb
IPO Closes
7 Feb
Allotment
10 Feb
Listing
12 Feb
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 5 February 2025 | Subscription starts |
| IPO Close Date | 7 February 2025 | Subscription ends |
| Allotment Date | 10 February 2025 | Allotment |
| Listing Date | 12 February 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,25,600 |
SHNI (Min) | 3 | ₹3,38,400 |
SHNI (Max) | 8 | ₹9,02,400 |
BHNIAbove ₹10,00,000 | 9 | ₹10,15,200 |
IPO Objectives
- Unidentified Acquisitions in India and abroad
- Purchase of New Machinery
- Capital Expenditure for renovation of both Manufacturing Facilities
- To meet Working Capital Requirements
Strengths
- Experienced leadership supports strong decision-making and growth.
- Wide product range caters to different industry needs.
- Asset-light model minimizes costs and boosts scalability.
- Strong client relationships drive repeat business and trust.
- Quick product development ensures a fast response to market demands.
Weaknesses
- Reliance on third-party manufacturers reduces direct control over production.
- Fluctuating raw material costs impact profitability.
- Limited geographic reach slows expansion opportunities.
- Intense competition affects pricing and profit margins.
- Job-work dependency may lead to inconsistencies in quality.
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Financial Performance
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 266.3 | 242.15 | 195.16 | 187.26 |
| Revenue (₹ Cr.) | 332.85 | 409.13 | 375.23 | 360.32 |
| PAT (₹ Cr.) | 9.53 | 8.93 | 3.95 | 2.36 |
| Net Worth (₹ Cr.) | 54.38 | 44.85 | 35.93 | 31.98 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Ken Enterprises Limited | 3.92 | 19.34 | 19.9% | 54.38 |
| Laxmi Cotspin Limited | 0.87 | -21.42 | -0.38% | 62.91 |
| Pashupati Cotspin Limited | 8 | 113.44 | 7% | 119 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| NII | 0.77x | 1.32x | 1.75x |
| RII | 3.25x | 6.08x | 6.86x |
| Total | 2.01x | 3.7x | 4.36x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| NII | 42,27,000 | 73,78,800 | 69.36 |
| RII | 42,27,000 | 2,90,12,400 | 272.72 |
| Total | 84,54,001 | 3,68,60,400 | 346.49 |
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Company Details
- Ken Enterprises Limited
- 9/621, Industrial Estate Near Kalyan Kendra, Ichalkaranji, 416115
- 91-0230-2438538
- cs@kenindia.in
- http://www.kenindia.in/
Registrar Details
- Skyline Financial Services Private Ltd
- 02228511022
- ipo@skylinerta.com
- https://www.skylinerta.com/ipo.php
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