Ken Enterprises Limited

Ken Enterprises Limited

SME NSE SME Fixed Price
Closed

Price Band

₹94

Total Issue

₹83.65 Cr

Bid Dates

05 Feb - 07 Feb

Subscription

4.36x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Ken Enterprises Limited (KEL) is a renowned textile manufacturer with over 25 years of industry experience. Led by Managing Director Mr. Nikunj Hariprasad Bagdiya, the company specializes in both greige and finished fabrics, serving domestic and international markets. An ISO 9001:2015 certified company, KEL is recognized for its innovation, quality, and sustainability, holding certifications like GOTS and BCI

With exports to over 20 countries and long-standing partnerships with global brands such as ZARA, Target, and Primark, KEL offers a wide range of fabrics—from structured and layered textiles to fashion and home textile applications. The company is known for its state-of-the-art manufacturing and has received multiple accolades from Texprocil for export excellence.

Lot Info

Lot Information for Ken Enterprises IPO
Category Lots Shares Amount
Individual (Min) 1 1,200 ₹1,12,800
Individual (Max) 1 1,200 ₹1,12,800
Others (Min) 2 2,400 ₹2,25,600
Market Maker
4,45,200 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹83.65 Cr
Fresh Issue
₹58.27 Cr (0.62 Cr Shares)
Offer For Sale
₹25.38 Cr (0.27 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹94
Est. Gain 0.00%

Ken Enterprises IPO Peer Comparison

(Rs. in crores)

Ken Enterprises IPO Peer Comparison Table
Particulars Co. Laxmi Cotspin Pashupati Cotspin
Revenue from Ops (in Crs.) 402.21 144.02 653.88
PAT (In Crs.) 8.93 -0.24 8.30
EPS - Basic 4.86 -0.41 5.43
NAV per share 24.42 30.88 77.57
RONW 19.90% -0.38% 7.00%
EBITDA 4.91% 4.12% 6.00%
PAT Margin 2.22% -0.17% 1.26%
Price to earning (PE) 19.34 N.A. 113.44
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 28, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Ken Enterprises IPO
Particulars Nov-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 332.85 409.13 375.23 360.32
Profit after Tax 8.93 8.93 3.95 2.36
Net Worth 54.38 44.85 35.93 31.98
Total Borrowing 43.14 47.84 49.45 41.01
Total Assets 266.30 242.15 195.16 187.26
NAV per share (in ₹) 29.61 24.42 19.56 17.41
EPS - Basic (in ₹) 5.19 4.86 2.15 1.29

KPIs

EBITDA

4.91%

PAT

2.22%

ROE

19.90%

ROCE

51.52%

PE Ratio

19.34

PB Ratio

3.85

Mkt Cap (in Crs.)

230.92

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

3.87%

Public

96.13%

Nikunj Hariprasad Bagdiya 48.35%
Bina Hariprasad Bagdiya 28.99%

Management

Nikunj Hariprasad Bagdiya MD & Chairman
Sachin Janardan Mulay WTD & CFO

Registrar & Lead Managers

Registrar

Skyline Financial Services

Skyline Financial Services

Lead Managers (1)

Corporate Makers Corporate Makers

Subscription Status

Updated as on 07-Feb-2025 19:00:10 hrs

Category Sub (x) Offered Bids
Retail 6.86x 42,27,000 2,90,13,600
Others 1.75x 42,27,000 73,78,800
Total 4.30x 84,54,000 3,63,92,400

Frequently Asked Questions

What is Ken Enterprises IPO?
Ken Enterprises IPO is a SME IPO having an issue size of ₹83.65 Crs. Ken Enterprises IPO is priced at ₹94 - ₹94 per share. The issue opens on 05 Feb 25 and closes on 07 Feb 25.
When will Ken Enterprises IPO open?
Ken Enterprises IPO opens on 05 Feb 25 and closes on 07 Feb 25.
What is the GMP of Ken Enterprises IPO?
The estimated Grey Market Premium of Ken Enterprises IPO is ₹0 per share (0.00%).
What is the lot size of Ken Enterprises IPO?
The minimum lot size of Ken Enterprises IPO is 1200 shares & the minimum application amount is Rs. 112800.
When is the allotment of Ken Enterprises IPO?
The allotment date of Ken Enterprises IPO is 10 Feb 25.
What is the listing date of Ken Enterprises IPO?
The listing date of Ken Enterprises IPO is 12 Feb 25.
What is the subscription of Ken Enterprises IPO?
Ken Enterprises IPO is subscribed 4.36 times.
What is the price band of Ken Enterprises IPO?
Ken Enterprises IPO is priced at ₹94 - ₹94 per share.
How to check allotment status of Ken Enterprises IPO?
Click the allotment link on Ken Enterprises IPO page of IPO360.
How to apply Ken Enterprises IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Ken Enterprises IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Ken Enterprises IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Ken Enterprises IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date