Ken Enterprises Limited
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.
Price Band₹94 |
Dates05 Feb - 07 Feb |
GMP₹0 (0.00%) |
Subscriptions4.36 times |
Issue Size₹83.65 Crs |
Ken Enterprises IPO Objects
- 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 Details
Price Band₹94 |
Listing AtNSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹58.27 Cr (0.62 Cr Shares) |
Offer For Sale₹25.38 Cr (0.27 Cr Shares) |
Total Issue₹83.65 Cr (0.89 Cr Shares) |
Face Value₹10 per equity share |
Ken Enterprises IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,200
1,12,800
Maximum
1
1,200
1,12,800
|
|||
| NII |
Minimum
2
2,400
2,25,600
|
|||
Ken Enterprises IPO Subscription
Updated as on 07-Feb-2025 19:00:10 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Retail | 6.86 | 42,27,000 | 2,90,13,600 |
| Others | 1.85 | 42,27,000 | 78,24,000 |
| Total | 4.36 | 84,54,000 | 3,68,37,600 |
Ken Enterprises IPO GMP
The estimated Grey Market Premium of Ken Enterprises IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not more than 50% of net offer |
| Retail | Not less than 50% of net offer |
| Market Maker | 4,45,200 EQ Shares |
Ken Enterprises IPO Financials
| 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 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| 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.
Ken Enterprises IPO Peer Comparision
| 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
Ken Enterprises IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 402.21 |
| PAT (In Crs.) | 8.93 |
| EPS - Basic | 4.86 |
| NAV per share | 24.42 |
| RONW | 19.90% |
| EBITDA | 4.91% |
| PAT Margin | 2.22% |
| Price to earning (PE) | 19.34 |
| Laxmi Cotspin | Pashupati Cotspin |
|---|---|
| 144.02 | 653.88 |
| -0.24 | 8.30 |
| -0.41 | 5.43 |
| 30.88 | 77.57 |
| -0.38% | 7.00% |
| 4.12% | 6.00% |
| -0.17% | 1.26% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Nikunj Hariprasad Bagdiya | 48.35% |
| Bina Hariprasad Bagdiya | 28.99% |
| Krishnakumar Hariprasad Bagdiya | 3.87% |
Management Details
| Name | Designation |
|---|---|
| Nikunj Hariprasad Bagdiya | MD & Chairman |
| Sachin Janardan Mulay | WTD & CFO |
Company Details
Name : Ken Enterprises Limited
Address : 9/621 Industrial Estate Near Kalyan Kendra, Ichalkaranji, Maharashtra - 416115, India
Number : +91-0230-2438538
Email : cs@kenindia.in
Website : www.kenindia.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Ken Enterprises IPO is a SME IPO having an issue size of Rs. ₹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.
Ken Enterprises IPO opens on 05 Feb 25 and closes on 07 Feb 25.
The estimated Grey Market Premium of Ken Enterprises IPO is ₹0 per share (0.00%).
The minimum lot size of Ken Enterprises IPO is 1200 shares & the minimum application amount is Rs. 112800.
The allotment date of Ken Enterprises IPO is 10 Feb 25.
The listing date of Ken Enterprises IPO is 12 Feb 25.
Ken Enterprises IPO is subscribed 4.36 times.
Ken Enterprises IPO is priced at ₹94 - ₹94 per share.
Click the allotment link on Ken Enterprises IPO page of IPO360.
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