Ken Enterprises Limited is engaged in the textile manufacturing business.
The company manufactures fabrics for various purposes, including apparel, industrial, technical, shirting, and home furnishings.
The company is into manufacturing of greige fabrics. They utilize third-party manufacturing services for the production of greige fabric on a job-work basis, located in and around Ichalkaranji, Maharashtra, a key fabric weaving hub, to enhance their manufacturing capacity.
The company’s business model focuses on quality and customer satisfaction, supplying regular and sustainable greige and finished fabrics on an order-to-order basis. The product range includes greige, dyed (supported by third parties), printed, and RFD/PFD fabrics.
The company has two manufacturing units, both located in Shirol taluka near Ichalkaranji, covering a combined area of approximately 50,000 square feet and equipped with the necessary machinery.
The Company’s Product Portfolio:
- High Value Apparel Fabrics
- Voiles: for Ladies wear
- Light Canvas fabrics: For Shoe uppers, Bags, Cargo pants
- Organic and sustainable fabrics: For High-end apparel
- Bed Linen: For Home Textiles
- Shoe Canvases: For Shoes
As of December 31, 2024, the company had 228 permanent employees.
Ken Enterprises IPO – Details
| IPO Opening Date | 05 February 2025 |
| IPO Closing Date | 07 February 2025 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 88,99,200 Shares Worth ₹83.65 Crore Fresh Issue: 61,99,200 Shares Worth ₹58.27 Crore Offer For Sale: 27,00,000 Shares Worth ₹25.38 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹94 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Ken Enterprises IPO – Date Schedule
| IPO Open Date | 05 February 2025 |
| IPO Close Date | 07 February 2025 |
| Basis of Allotment | 10 February 2025 |
| Initiation of Refund | 11 February 2025 |
| Credit of Shares to Demat Account | 11 February 2025 |
| IPO Listing Date | 12 February 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 07, 2025 |
Ken Enterprises IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,12,800 |
| Retail (Max) | 1 | 1200 | ₹1,12,800 |
| HNI (Min) | 2 | 2400 | ₹2,25,600 |
Competitive Strengths
- Experienced Leadership Backed by a dedicated employee base.
- Robust Financial Performance.
- Asset light model.
- Established Relationships with the clients.
- Diverse product portfolio offering single point sourcing solution for customers
- In-house product development expertise.
- Fast development and short delivery time.
Company Promoters
- Mr. Nikunj Hariprasad Bagdiyaand
- Mrs. Bina Hariprasad Bagdiya
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 360.31 | 356.67 | 2.36 | 41.01 |
| 31 March 2023 | 375.22 | 370.25 | 3.94 | 49.45 |
| 31 March 2024 | 409.12 | 397.20 | 8.92 | 47.84 |
| 30 November 2024 | 332.85 | 319.91 | 9.52 | 43.14 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 19.90% |
| ROCE | 51.52% |
| Debt/Equity | 0.09 |
| RoNW | 19.90% |
| PAT Margin | 2.22 |
| Price to Book Value | 3.85 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.86 | 5.82 |
| P/E (x) | 19.34 | 16.16 |
Object Of The Issue
- Unidentified Acquisitions in India and abroad.
- Purchase of New Machinery.
- Capital Expenditure for renovation of both Manufacturing Facilities.
- To meet Working Capital Requirements.
Ken Enterprises IPO Promoter Holding
| Pre Issue Share Holding | 81.21% |
| Post Issue Share Holding | 49.72% |
Ken Enterprises IPO Prospectus
Company Contact Information
| Ken Enterprises Limited 9/621, Industrial Estate Near Kalyan Kendra, Ichalkaranji, 416115 Phone: 91-0230-2438538 Email: cs@kenindia.in Website: http://www.kenindia.in/ |
Ken Enterprises IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Ken Enterprises IPO Lead Manager(s)
| 1. Corporate Makers Capital Ltd. |
Ken Enterprises IPO FAQs
| What is Ken Enterprises IPO? Ken Enterprises IPO is a SME IPO. The issue is priced at ₹94 per equity share. The IPO is to be listed on NSE SME. |
| When Ken Enterprises IPO will open? The IPO is to open on 05 February 2025 for QIB, NII, and Retail Investors. |
| What is Ken Enterprises IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| How to Apply the Ken Enterprises IPO? You can apply Ken Enterprises IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Ken Enterprises IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Ken Enterprises IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Ken Enterprises IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Ken Enterprises IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Ken Enterprises IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ken Enterprises IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Ken Enterprises IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Ken Enterprises IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Ken Enterprises IPO Size? Ken Enterprises IPO size is ₹83.65 Crore. |
| What is the Ken Enterprises IPO Price Band? Ken Enterprises IPO Price Band is ₹94. |
| What is Ken Enterprises IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,12,800 amount while the maximum bid is 1200 Shares with ₹1,12,800. |
| What is the Ken Enterprises IPO Allotment Date? Ken Enterprises IPO allotment date is 10 February 2025. |
| What is the Ken Enterprises IPO Listing Date? Ken Enterprises IPO listing date is 12 February 2025. The IPO is to be listed on NSE SME. |
