Ken Enterprises SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Explore Ken Enterprises IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

Image
Status
Listed
Biding Dates
05 Feb - 07 Feb 2025
Price Range
₹94
Min Investment
1,12,800
Lot Size
1200 shares
Issue Size
₹83.65 crore
Listed Price
₹85-9.57%

Overview

Ken Enterprises Limited, originally incorporated as Ken Textiles Private Limited in 1998, is an ISO certified company with over two decades of experience in textile manufacturing. The company operates as a design-to-delivery solutions provider for both greige and finished fabrics, catering to domestic and international markets. It exports regular and sustainable fabrics to over 10 countries and is an approved vendor for leading global brands such as ZARA (Inditex Group), Target, and Primark. Ken Enterprises Limited offers a diverse range of fabrics, including structures, seer suckers, double-layer, three-layer, four-layer fabrics, chambrays, and fashion fabrics with metallic yarns. These fabrics serve various applications such as women's fashion wear, men's and kids' shirts, home textiles, embroidery, and light canvas. The company also emphasizes sustainability with initiatives like rooftop solar power installations and corporate responsibility programs focused on safety, hygiene, and inclusive employment practices.

Key Points:

  • Product Range – Offers fabrics such as structures, seer suckers, multi-layer fabrics, chambrays, and fashion fabrics with metallic yarns for apparel, home textiles, and industrial applications.
  • Design-to-Delivery Solutions – Provides end-to-end textile solutions from fabric design to final delivery, catering to both domestic and export markets.
  • Global Presence – Exports fabrics to more than 10 countries and serves as an approved vendor for renowned international brands like ZARA, Target, and Primark.
  • Strategic Location – Registered office in Ichalkaranji, Maharashtra, leveraging the region’s strong fabric weaving ecosystem and third-party manufacturing partnerships.

IPO Docs

Objects of the Issue

  • Unidentified Acquisitions in India and abroad
  • Purchase of New Machinery
  • Capital Expenditure for renovation of both Manufacturing Facilities;
  • To meet Working Capital Requirements

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates05 Feb - 07 Feb 2025
IPO Price Band₹94 per share
Fresh Issue₹58.27 crore
Offer For Sale₹25.38 crore
Total IPO Size₹83.65 crore
Face Value₹10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date05 Feb 2025
IPO Closing Date07 Feb 2025
Basis Of Allotment10 Feb 2025
Refunds11 Feb 2025
Demat Transfer11 Feb 2025
IPO Listing Date12 Feb 2025

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202231st March 202331st March 2024Nov 2024
Total Income360.32375.23409.13332.85
Total Expenses356.67370.25397.21319.92
Net Profit/Loss2.363.958.939.53
NPM (*)0.671.082.222.92
Total Assets187.26195.16242.15266.30
Total Liabilities155.28159.23197.30205.67

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202231st March 202331st March 2024Nov 2024
EPS1.292.154.865.19
ROE (%)7.3910.9919.9017.52
ROCE (%)33.4132.5852.5240.24
D/E Ratio0.250.250.090.03
Current Ratio1.531.661.531.50
EBITDA MARGIN (%)2.681.324.915.29

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Ken Enterprise Private Limited402.2119.344.8619.9024.42
Laxmi Cotspin Limited144.02NA-0.14-0.3830.88
Pashupati Cotspin Limited658.38113.445.437.0077.57

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)0
Non-Institutional Investor (NII/HNI)1.75
Retail Individual Investor (RII)6.86
Total4.36

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Skyline Financial Services Private Limited
Phone
: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com

Company Promoters

  • MR. NIKUNJ HARIPRASAD BAGDIYA
  • MRS. BINA HARIPRASAD BAGDIYA

Lead Managers

  • CORPORATE MAKERS CAPITAL LIMITED

Company Address

Ken Enterprises Limited

9/621 Industrial Estate Near Kalyan Kendra, Ichalkaranji, Maharashtra - 416115, India

Phone: +91-0230-2438538

Email: cs@kenindia.in

Website: www.kenindia.in

FAQs

  • What is the issue size of the Ken Enterprises SME IPO?
    The Ken Enterprises SME IPO has an issue size of ₹83.65 crore. This includes a fresh issue of ₹58.27 crore and an offer for sale (OFS) of ₹25.38 crore.
  • What is the price band of the Ken Enterprises IPO?
    The price band for the Ken Enterprises IPO is ₹94 per share.
  • What are the bidding dates for the Ken Enterprises IPO?
    The Ken Enterprises IPO will open for bidding on 05 Feb 2025 and close on 07 Feb 2025.
  • What is the allotment date for the Ken Enterprises IPO?
    The allotment date for the Ken Enterprises IPO is 10 Feb 2025.
  • What is the minimum lot size and investment required for the Ken Enterprises IPO?
    The minimum lot size for the Ken Enterprises IPO is 1200 shares and the minimum investment required is ₹1,12,800.
  • What is the listing date for the Ken Enterprises IPO?
    The listing date for the Ken Enterprises IPO is 12 Feb 2025.
  • What is the Ken Enterprises IPO grey market premium?
    The grey market premium (GMP) for the Ken Enterprises IPO is currently at ₹5, with an expected listing gain of approximately 5.32%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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