Ken Enterprises IPO Review: Apply or Avoid?
Posted by : sachet | Wed Feb 05 2025
The Ken Enterprises IPO will open for bidding on 5th February 2025. The SME IPO is a fixed-price issue of 83.65 crores, including a fresh issue of 58.27 crores and an offer for sale (OFS) of 25.38 crores. The Ken Enterprises IPO is set to close on 7th February 2025.
Ken Enterprises IPO Details
The public offer for Ken Enterprises Limited will open for subscription on 5th February 2025 and receive its last bid on 7th February 2025. Ken Enterprises Limited IPO price is set at ₹ 94 per share with a minimum lot size of 1200 shares.
The book-running lead manager of Ken Enterprises IPO is Corporate Makers Capital Limited. Skyline Financial Services Private Limited is the registrar for the issue, and Giriraj Stock Broking Private Limited is the market maker for the IPO. Refer to the below table for more details about the Ken Enterprises IPO:
| IPO Open Date | 5th February 2025 |
| IPO Close Date | 7th February 2025 |
| IPO Allotment Date | 10th February 2025 |
| Refund Initiation | 11th February 2025 |
| Issue Size | 88,90,000 Lakh shares (worth Rs 83.65 crore) |
| Face Value | Rs 10 per share |
| Lot Size | 1,200 shares |
| Price | Rs 94 |
| Issue Type | Fixed Price Issue |
| Listing At | NSE & SME |
| Listing Date | 12th February 2025 |
Ken Enterprises IPO GMP, Issue Size, Price, and Offer Details
Ken Enterprises IPO is a fixed-price issue of 88,90,000 equity shares worth Rs 83.65 crore. Ken Enterprises Limited shares will likely be listed on NSE and SME. The minimum subscription status for Ken Enterprises IPO is as follows:
| Investor Categories | Reservation Required |
| QIB | <50% of total issue |
| Retail Investors | >35% of total issue |
| NII (sNII+bNII) | >15% of total issue |
| Total | 100% |
Ken Enterprises IPO GMP (Grey Market Premium)
Ken Enterprises IPO GMP: Grey Market Premium (GMP) refers to the price of an IPO trailing in the grey market. As of 5th February 2025, the grey market premium of Ken Enterprises Limited IPO is ₹ 36. It indicates that the tentative listing price of Ken Enterprise shares will be ₹ 130 (issue price + GMP). If you want to know more about the GMP of Ken Enterprises IPO, do have a look at its GMP trend of the last 6 days.
| GMP Date | GMP (₹) | Estimated Listing Price (₹) | Estimated Listing Gains (%) |
| 05-02-2025 | Rs 36 | Rs 130 | 38.30% |
| 04-02-2025 | Rs 36 | Rs 130 | 38.30% |
| 03-02-2025 | Rs 0 | Rs 94 | 0% |
| 02-02-2015 | Rs 0 | Rs 94 | 0% |
| 01-02-2025 | Rs 0 | Rs 94 | 0% |
| 31-01-2025 | Rs 0 | Rs 94 | 0% |
| 30-01-2025 | Rs 0 | Rs 94 | 0% |
*Data is updated as of 5th February 2025.
Ken Enterprises IPO Subscription Status
The initial public offer of Ken Enterprises Limited opened for subscription today, i.e. 5th February 2025, as a result of which investors have started to place their bids for the offer.
As of 10:49 AM on 5th February 2025, Ken Enterprises IPO was subscribed 0.36 times. The retail category was subscribed to 0.58 times the issues, and the NII category subscribed to 0.13 times the offer. For more information on the subscription status of the Ken Enterprises IPO, refer to the below table:
| Investor Category | Subscription (in times) | Amount (₹) | Total Shares |
| Retail Category | 0.58 | 23.05 cr. | 2,043 |
| NII | 0.13 | 5.31 cr. | 122 |
| Total | 0.36 | 28.36 cr. | 2,165 |
Ken Enterprises IPO Review
Ken Enterprises Limited can be a good IPO investment, but the company does have risks of its own, which, if not analysed well, can lead to significant losses. To avoid such losses, you mus perform in-depth research and analysis of the pros and cons of Ken Enterprises IPO to invest safely.
Have a look at the below review details of Ken Enterprises Limited to ensure a secured and risk managed investment journey for the IPO.
Financial Health
A company’s financial health is a crucial measure of knowing its past performance and judging its future growth and profitability. Thus, you must understand the financials of Ken Enterprises Limited before investing in the IPO.
The profit after tax (PAT) of Ken Enterprises Limited for the year ended 31st March 2022 stood at 2.36 crores, and since then, it has grown consistently each year. The PAT of Ken Enterprises increased by 40.24% from 2.36 crores on 31st March 2022 to 44.85 crores on 31st March 2024.
On the other hand, the revenue figures of Ken Enterprises Limited grew at a rate of 13.54 % from a figure of 360.32 crores on 31st Mar 2022 to 409.13 crores on 31st March 2024.
Ken Enterprises Limited has shown consistent growth in its financial performance, increasing its efficiency in competing with other players in a similar industry. Thus, Ken Enterprises IPO is expected to receive an impressive level of investor engagement to deliver a significant return on its tentative listing day, which is 12th February 2025.
Technical Analysis
A number of technical indicators are available to assess the stock’s potential for the coming time. You can analyse the potential of Ken Enterprises IPO with the help of the technical indicators mentioned below.
| Key Indicators | Value |
| P/E Ratio (Price-to-Earnings) | 19.34 |
| P/B Ratio (Price-to-Book) | 3.92 |
| D/E Ratio (Debt to Equity) | 0/09 |
| EPS (Earnings Per Share) | 4.86 |
| ROE (Return on Equity) | 19.90% |
| ROCE | 51.52% |
| PAT Margin (Profit After Tax) | 2.22 |
*Data is updated as of 4th February 2025.
The PE ratio of Ken Enterprises Limited shares is 19.34, and its Earnings Per Share (pre-IPO) stands at 4.86. It indicates that the IPO has a high potential to deliver short and long-term returns.
About Ken Enterprises Limited
Ken Enterprises Limited was originally incorporated as “Ken Textile Private Limited ” on 05 June 1988. The company is engaged in the business of manufacturing regular and sustainable greige and finished fabrics for domestic and international customers. Ken Enterprises is also the approved vendor for a leading clothing brand ZARA, Target, and Primark.
The company focuses on delivering high-quality fabrics and other textile products while maintaining sustainability and excellence, positioning it as one of the emerging leaders in the textile industry. The product portfolio of Ken Enterprises offers a wide range of fabrics such as structures, seer suckers, double-layer, three-layer, four-layer, chambray, and other apparel products catering to women’s fashion wear, men’s and kids, shirts, home textiles, embroidery, light canvas, etc. amongst others.
Let’s Wrap
- Ken Enterprises IPO will be open for bidding on 5th February 2025 and will close on 7th February 2025.
- The total size of Ken Enterprises Limited IPO is 88.99 lah shares, aggregating to Rs 83.65 crores.
- The public offer is a fixed issue, a combination of a fresh issue and an offer for sale with a price of Rs 94.
- The last updated grey market premium of Ken Enterprises IPO is Rs 36.
Frequently Asked Questions
1. What is the total size of Ken Enterprises IPO?
Ken Enterprises IPO is a fixed-price issue of 88,90,000 Lakh shares aggregating to Rs 83.65 crore.
2. How can I invest in the IPO of Ken Enterprises?
You can invest in the Ken Enterprises IPO through your demat account registered with a stock broker in India. If you do not have a Demat account, then you can open one on the Univest Mobile Application available on the Google Play Store and the Apple Store.
3. Is Ken Enterprises Limited a good company for investing?
Ken Enterprises Limited has positive annual net earnings since 31st March 2020, along with growing revenue figures. This indicates the company is efficient and profitable in its operations, making it a good option for IPO investment. However, the Ken Enterprises IPO is not risk-free, and therefore, before investing, you must perform in-depth research and analysis.
4. What is the price band of Ken Enterprises IPO?
Ken Enterprises IPO is a fixed-issue price IPO, therefore it has a fixed price of ₹94.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about Ken Enterprises IPO, download the Ken Enterprises IPO RHP and IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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