Ken Enterprises Ltd IPO

Ken Enterprises Ltd IPO

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.

Ken Enterprises Ltd IPO Details

Total Shares Offered

₹ 88,99,200

Offer to Public

27,00,000

Retail Max (Shares)

₹ 42,27,000

Pre Issue Promoters Holding

₹ 1,49,14,580

Exchange

NSE

Issue size

TBA

IPO Open Date

Feb 5, 2025

Close Date

Feb 7, 2025

Lot Size

1200

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Feb 12, 2025

Ken Enterprises Ltd IPO Dates

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Feb 5, 2025
Opening date
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Feb 7, 2025
Closing date
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Feb 10, 2025
Basis of Allotment
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Feb 11, 2025
Initiation of Refunds
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Feb 11, 2025
Credit of Shares
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Feb 12, 2025
Listing date

Details

SectorType
SectorTextiles - Products
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Ken Enterprises Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations482.80402.21363.95
EBITDA18.9014.337.74
PAT12.138.813.64
Total Assets284.99226.89177.94
Share Capital24.572.592.59
Total Borrowings53.9752.1557.58
Operating Activities (Net Cash)13.3410.095.11
Investing Activities (Net Cash)0.130.130.13
Financing Activities (Net Cash)53.9752.1557.58
Net Cashflow22.126.200.49

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 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.

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Ken Enterprises Ltd IPO?

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Ken Enterprises Ltd's IPO offers shares for up to 58.27 It begins on Feb 5, 2025 and ends on Feb 7, 2025.

What is the price of the Ken Enterprises Ltd IPO?

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The price of Ken Enterprises Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Ken Enterprises Ltd IPO?

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The Ken Enterprises Ltd IPO opens on Feb 5, 2025 and closes on Feb 7, 2025.

When will the Ken Enterprises Ltd IPO be allotted?

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The allotment for the Ken Enterprises Ltd IPO will be finalised on Feb 10, 2025. The shares will be listed on BSE and NSE on Feb 12, 2025.

What is the minimum lot size required for Ken Enterprises Ltd IPO?

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The minimum lot size for Ken Enterprises Ltd IPO is 1200 shares, priced between NA to NA per share.

What is the GMP of Ken Enterprises Ltd IPO?

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The GMP (Grey Market Premium) of Ken Enterprises Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Ken Enterprises Ltd IPO?

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To check the allotment status of Ken Enterprises Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Ken Enterprises Ltd IPO getting listed?

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The Ken Enterprises Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 5, 2025, and closes on Feb 7, 2025. The allotment is finalised on Feb 10, 2025.

How do you apply for the Ken Enterprises Ltd IPO?

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To apply for the Ken Enterprises Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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