Ken Enterprises Ltd IPO
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Ken Enterprises Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 88.99 L | ₹ 27 L | ₹ 42.27 L | ₹ 149.15 L | NSE | TBA |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
05 Feb, 25 | 07 Feb, 25 | 1200 | TBA | Fixed Price - SME | 12 Feb, 25 |
Ken Enterprises Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Textiles - Products |
Sub Sector | NA |
Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 469200 |
NII | 1.74x | 4227000 | 7354800 |
Retail | 6.86x | 4227000 | 29012400 |
Employee | 0x | 0 | 0 |
Total | 4.14x | 8899200 | 36836400 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Ken Enterprises Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 402.21 | 363.95 | 354.80 |
EBITDA | 14.33 | 7.74 | 6.73 |
PAT | 8.81 | 3.64 | 2.30 |
Total Assets | 222.17 | 177.94 | 143.54 |
Share Capital | 2.59 | 2.59 | 2.59 |
Total Borrowings | 57.18 | 57.58 | 49.18 |
Operating Activities (Net Cash) | 10.09 | 5.11 | 3.84 |
Investing Activities (Net Cash) | 0.13 | 0.13 | 3.68 |
Financing Activities (Net Cash) | 57.18 | 57.58 | 49.18 |
Net Cashflow | 1.81 | 0.49 | 3.72 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Ken Enterprises Ltd
Our Company was originally incorporated as Ken Textiles Private limited on June 05, 1998, vide certification of incorporation bearing No. 25-12572 of 1998 under the provision of Companies Act, 1956 issued by the Registrar of Companies, Pune. Further, the name of Company was changed from Ken Textiles Private limited to Shri Ken Enterprise Private Limited, vide special resolution passed in the Extraordinary General Meeting held on March 06, 2004. Subsequently, the name of Company was changed from Shri Ken Enterprises Private Limited to Ken Enterprise Private Limited, vide special resolution passed in the Extraordinary General Meeting held on June 18, 2013, and a fresh certificate of incorporation pursuant to name change was issued by Registrar of Companies, Pune on June 28, 2013 Subsequently, the status of the Company was changed to Public Limited and the name of the company was changed to Ken Enterprises Limited vide special resolution passed by the shareholders at the Extra-Ordinary General Meeting of our company held on June 01, 2024. Consequent upon conversion from Private Limited to Public Company a fresh certificate of incorporation was issued on August 05, 2024 by the Registrar of Companies, Central Processing Centre.
Our Company is an ISO 9001:2015 certified and has won several awards from the cotton textiles export promotion council (Texprocil) over the past several years. The Company has over twenty five years of experience in the field of textile manufacturing. We operate as a design-to-delivery solutions provider for both greige and finished fabrics catering to the domestic as well as export markets. We export regular and sustainable greige and finished fabrics in 10+ number of countries. We are approved vendors for leading international brands such as ZARA (Inditex Group), Target and Primark. We offer a diverse range of fabrics such as structures, seer suckers, double layer, three layer, four layer, chambrays, fashion fabrics with metallic yarns etc, catering to various applications such as women fashion wear, men and kids shirts, home textiles, embroidery, light canvas etc amongst others.
Ken Enterprises Limited (KEL) is a distinguished textile company with over 25 years of expertise, led by Managing Director Mr. Nikunj Hariprasad Bagdiya. Recognized for excellence, KEL operates in Fabric Business and Apparel Division, providing end-toend solutions. The ISO 9001:2015 certified company exports to 20+ countries, holds certifications like GOTS and BCI, and embraces sustainability. With a state-of-the-art manufacturing setup, KEL offers high-value fabrics globally, demonstrating a commitment to innovation, quality, and corporate responsibility.
Peer Comparison:
- Laxmi Cotspin Ltd
- Pashupati Cotspin Ltd
Ken Enterprises Ltd IPO Key Points
Strengths
- Diversified range of services offered.
- Strong Client base.
- Experience of our Promoter and core management team.
- Quality Assurance.
- Cost competitiveness and time bound delivery.
Risk
- The company is dependent on third party manufacturers to manufacture its products on job work basis. The company's business is therefore dependent to a large extent on expected performance and operation of such manufacturers.
- There have been certain instances of non- compliances in respect of ROC filing or payments. Any penalty or action taken by any regulatory authorities in future for non-compliance with provisions of all applicable law and other law could impact on the financial position of the Company to that extent. Further, few form are not available in the company records.
- Its logo and Trade Mark ken and KEN are not registered yet with Registrar of Trademark; any infringement of its brand name or failures to get it registered may adversely affect the company business.
Strategy
- Blending Organic Innovation and Brownfield Excellence.
- Approach global brands.
- Focus on consistently meeting quality standards.
- Maintaining cordial relationship with our Suppliers, Customer and employees.
- Expanding our geographical reach.
- Diversified range of services offered.
- Strong Client base.
- Experience of our Promoter and core management team.
- Quality Assurance.
- Cost competitiveness and time bound delivery.
How To Apply for Ken Enterprises Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.