Ken Enterprises IPO aims to raise Rs 83.65 Crores through this offering, with a fresh issue of Rs 58.27 Crores and 25.38 Crore through offer for sale. The face value of the equity shares Rs 10 each, with a price band ranging from Rs 94 per share. The minimum order quantity is 1200 shares, translating to a minimum investment of Rs 112800. Ken Enterprises IPO List on NSE on 12 February 2025
The book running lead manager for this IPO is Corporate Market Private Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Skyline Financial Services Private Limited, offering reliable services for all share-related processes.
Ken Enterprises IPO Key Dates
Ken Enterprises IPO Open Date is 5 February 2025 and Close Date is 7 February 2025.
| IPO Open Date | 5-February-2025 |
| IPO Close Date | 7-February-2025 |
| Allotment | 10-February-2025 |
| Credit of Share | 11-February-2025 |
| Listing Date | 12-February-2025 |
Ken Enterprises IPO Financial Information
All the figures below are in Crores.
| 30-Nov-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assets | 266.3 | 242.1 | 195.1 | 187.2 |
| Borrowing | 43.1 | 47.8 | 49.4 | 41.0 |
| Reserve & S. | 36.0 | 42.2 | 33.3 | 29.3 |
| Income | 332.8 | 409.1 | 375.2 | 360.3 |
| Expenses | 319.9 | 397.2 | 370.2 | 356.6 |
| PBT | 12.9 | 11.9 | 4.9 | 3.6 |
| PAT | 9.5 | 8.9 | 3.9 | 2.3 |
Ken Enterprises IPO Key Indicator
All the figures provided below are based on the financial statement as of march 31 2024.
| EPS(D) | 4.86 |
| RoNW | 19.90% |
| NAV | 24.42 |
| PAT Margin | 2.22% |
| P/E (D) | 19.34 |
| ROE | 19.90% |
| ROCE | 51.52% |
Ken Enterprises IPO Peer Comparison
| P/E | EPS | NAV | RoNW | |
|---|---|---|---|---|
| Ken Enterprise | 19.34 | 4.86 | 24.42 | 19.90% |
| Laxmi Cotspin | N.A. | (0.14) | 30.88 | -0.38% |
| Pashupati Cotspin | 113.44 | 5.43 | 77.57 | 7.00% |
Ken Enterprises IPO Management
| Nikunj Hariprasad Bagdiya | Managing Director and Chairman |
| Bina Hariprasad Bagdiya | Non-Executive, Non-Independent Director |
| Sachin Janardan Mulay | Whole-time Director & CFO |
| Arshita Singh | Non-Executive, Independent Director |
| Rashmi Sagar Mitkary | Non-Executive, Independent Director |
Object of the Issue
The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits
of listing on the NSE Emerge Platform of National Stock Exchange of India:
1. Unidentified Acquisitions in India and abroad;
2. Purchase of New Machinery
3. Capital Expenditure for renovation of both Manufacturing Facilities;
4. To meet Working Capital Requirements
LEAD MANAGER TO THE ISSUE
CORPORATE MAKERS CAPITAL LIMITED
611, 6Th Floor, Pragati Tower, Rajendra Place, New Delhi- 110008;
Telephone: 011 41411600
Email: compliance@corporatemakers.in
Website: www.corporatemakers.in
Investor Grievance Email: info@corporatemakers.in
Contact Person: Mr. Rohit Pareek / Mr. Pawan Mahur
SEBI Registration Number: INM000013095
CIN: U65100DL1994PLC063880
REGISTRAR TO THE ISSUE
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi- 110020
Telephone: 011 40450193-197
Fax: +91-11-26812683
Email ID: ipo@skylinerta.com
Investor grievance email: grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Anuj Rana
SEBI Registration Number: INR000003241
CIN: U74899DL1995PTC071324
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