Ken Enterprises IPO Review: Apply or Avoid?

Posted by : sachet | Wed Feb 05 2025

Ken Enterprises IPO Review: Apply or Avoid?

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 Date5th February 2025
IPO Close Date7th February 2025
IPO Allotment Date10th February 2025
Refund Initiation 11th February 2025
Issue Size88,90,000 Lakh shares (worth Rs 83.65 crore) 
Face ValueRs 10 per share
Lot Size1,200 shares
Price Rs 94
Issue TypeFixed Price  Issue
Listing AtNSE  & SME
Listing Date12th 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 CategoriesReservation Required 
QIB<50% of total issue
Retail Investors>35% of total issue
NII (sNII+bNII)>15% of total issue
Total100%

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 DateGMP ()Estimated Listing Price (Estimated Listing Gains (%)
05-02-2025Rs 36Rs 13038.30%
04-02-2025Rs 36Rs 13038.30%
03-02-2025Rs 0Rs 940%
02-02-2015Rs 0Rs 940%
01-02-2025Rs 0Rs 940%
31-01-2025Rs 0Rs 940%
30-01-2025Rs 0Rs 940%

*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 CategorySubscription (in times)Amount ()Total Shares 
Retail Category 0.5823.05 cr.2,043
NII 0.135.31 cr.122
Total 0.3628.36 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 IndicatorsValue
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%
ROCE51.52%
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.

Explore Current and Previous IPOs

CompanyOpening Date Closing Date
Chamunda Electricals Limited4th February 20256th February 2025
Malpani Pipes and Fitting Ltd29th January 2025 31st January 2025 
Dr. Agarwals Healthcare Ltd. 29th January 2025 31st January 2025
H.M. Electro Mech Ltd.24th January 2025 28th January 2025 
Denta Water and Infra Solutions Ltd. 22nd January 2025 24th January 2025
Stallion India Fluorochemicals Ltd. 16th January 2025 20th January 2025 

Read Our Articles on the Best Stocks

Fundamentally Strong Stocks In BSE 

Diamond Company Stocks in India: Top Picks for 2025

Solar Penny Stocks in India 2025

Top 10 Fundamentally Strong Penny Shares to Buy in 2025

Top 10 Hotel Stocks in India 2025

Textile Stocks in India to Invest In

Travel Stocks in India to Invest In

Top 10 Infrastructure Stocks in India 2025

Univest Screeners

ExclusiveIndicesBreakouts
Buy in Short TermNifty Small Cap 100Daily Fresh Breakouts
Buy in Long TermNifty MidcapWeekly Breakouts
FII Holdings ChangeNifty BankOversold Stocks
Golden CrossoverSensexNearing Breakout
Upcoming DividendsNifty Fin Service
DII Holdings ChangeBankex
High Dividend StocksNifty Mid Cap 100
Earnings AnnouncedNifty 50
Fundamentally Strong 
Top Gainers
Top Losers
Low Debt Mid Caps
Cash-Rich Small Caps
Volume Shockers
52-Week High 
52-Week Low

Popular Stocks to Consider

Stock NameNSE Symbol 
Abbott India Ltd.ABBOTINDIA
Adani Total Gas Ltd.ATGL
Aegis Logistics Ltd.AEGISLOG
Apollo Hospitals Enterprise Ltd.APOLLOHOSP
Apollo Tyres Ltd.APOLLOTYRE
Ashok Leyland Ltd.ASHOKLEY
AU Small Finance Bank Ltd.AUBANK
Aurobindo Pharma Ltd.AUROPHARMA
Axis Bank Ltd.AXISBANK
Bajaj Auto Ltd.BAJAJAUTO
Bajaj Finance Ltd.BAJAJFINANCE
Balkrishna Industries Ltd.BALKRISIND
Bank of Baroda Ltd.BANKBARODA
Biocon Ltd.BIOCON
Brigade Enterprises Ltd.BRIGADE
Britannia Industries Ltd.BRITANNIA
Canara Bank Ltd.CANBK
Castrol India LtdCASTROLIND
Cholamandalam Investment and Finance Company Ltd.CHOLAFIN
Coforge Ltd.COFORGE
Den Networks Ltd.DEN
Dish TV India Ltd.DISHTV
Divis Laboratories Ltd.DIVISLAB
Dr Reddy’s Laboratories Ltd.DRREDDY
Eicher Motors Ltd.EICHERMOT
Exide Industries Ltd.EXIDEIND
Federal Bank Ltd.FEDERALBNK
GAIL (India) Ltd.GAIL
Gland Pharma Ltd.GLAND
Glenmark Pharmaceuticals Ltd.GLENMARK
Godrej Consumer Products Ltd.GODREJCP
Godrej Properties Ltd.GODREJPROP
Granules India Ltd.GRANULES
Gujarat Gas Ltd.GUJGASLTD
Gujarat State Petronet Ltd.GSPL
Hathway Cable & Datacom Ltd.HATHWAY
HCL Technologies Ltd.HCLTECH
HDFC Assets Management Company Ltd.HDFCAMC
Hero MotoCorp Ltd.HEROMOTOCO
Hindustan Petroleum Corporation Ltd.HINDPETRO
ICICI Bank Ltd.ICICIBANK
ICICI Lombard General Insurance Company Ltd.ICICIGI
ICICI Prudential Life Insurance Company Ltd.ICICIPRULI
IDFC First Bank Ltd.IDFCFIRSTB
Indian Oil Corporation Ltd.IOC
Infosys Ltd.INFY
IPCA Laboratories Ltd.IPCALAB
J.B. Chemicals & Pharmaceuticals Ltd.JBCHEPHARM
Kotak Mahindra Bank Ltd.KOTAKBANK
L&T Technology Services Ltd.LTTS
Laurus Labs Ltd.LAURUSLABS
LIC Housing Finance Ltd.LICHSGFIN
LTI Mindtree Ltd.LTIM
Lupin Ltd.LUPIN
Macrotech Developers Ltd.LODHA
Mahangar Gas Ltd.MGL
Mahindra & Mahindra Ltd.M&M
Mahindra Lifespace Developers Ltd.MAHILIFE
Mankind Pharma Ltd.MANKIND
Marico Ltd.MARICO
Metropolis Healthcare Ltd.METROPOLIS
Mphasis Ltd.MPHASIS
MRF Ltd.MRF
Muthoot Finance Ltd.MUTHOOTFIN
NATCO Pharma Ltd.NATCOPHARM
Nazara Technologies Ltd.NAZARA
Nestle India Ltd.NESTLEIND
Oberoi Realty Ltd.OBEROIRLTY
Persistent Systems Ltd.PERSISTENT
Petronet LNG Ltd.PETRONET
Phoenix Mills Ltd.PHOENIXLTD
Power Finance Corporation Ltd.PFC
Prestige Estates Projects Ltd.PRESTIGE
Procter & Gamble Hygiene & Health Care Ltd.PGHH
Punjab National Bank Ltd.PNB
PVR INOX Ltd.PVRINOX
Radico Khaitan Ltd.RADICO
Raymond Ltd.RAYMOND
Saregama India Ltd.SAREGAMA
SBI Cards and Payment Services Ltd.SBICARD
SBI Life Insurance Company Ltd.SBILIFE
Sobha Ltd.SOBHA
State Bank of India Ltd.SBIN
Sun TV Network Ltd.SUNTV
Syngene International Ltd.SYNGENE
Tata Consultancy Services Ltd.TCS
Tata Consumer Products Ltd.TATACONSUM
Tata Motors Ltd.TATAMOTORS
Tech Mahindra Ltd.TECHM
Tips Music Ltd.TIPSMUSIC
Titan Company LimitedTITAN
Torrent Pharmaceuticals Ltd.TORNTPHARM
United Breweries Ltd.UBL
United Spirits Ltd.UNITDSPR
Varun Beverages Ltd.VBL
Wipro Ltd.WIPRO
Yes Bank LimitedYESBANK
Zee Entertainment Enterprises Ltd.ZEEL
Zomato LimitedZOMATO
Zydus Lifesciences Ltd.ZYDUSLIFE
icon

100% Safe & Secure Platform.

Univest encrypts all data and transactions to ensure a completely secure experience for our members.

Copyright

2025 Univest. All rights reserved. | Designed with ❤️ in India
About Univest
About: Univest is a cutting-edge stock market platform designed to help traders and investors maximize their returns with expert-driven advisory services and seamless trading execution. Whether you're a seasoned trader or just starting, Univest simplifies your investment journey with actionable trade recommendations, AI-powered portfolio insights, and a fully integrated brokerage experience. With Univest, you gain access to proven stock market advisory, offering expert trade ideas for stocks, futures, options, and commodities. Our one-click trade execution feature eliminates slippage, ensuring instant execution through our advisory-first brokerage. Smart portfolio management allows you to identify underperforming stocks, optimize your investments, and receive real-time alerts. Additionally, Univest provides seamless investment opportunities beyond stocks, including mutual funds, bonds, fixed deposits, and insurance (coming soon). Join over 40 lakh active investors who trust Univest to make informed and profitable trading decisions. Start investing smarter today! 🚀  
Attention Investors : To ensure a smooth trading experience and prevent unauthorized transactions, investors must update their mobile number and email ID with their stockbroker or depository participant. As per regulatory requirements, investors are required to pay a stipulated amount as an upfront margin for trading in the Cash/FO segment. We encourage all investors to regularly check their securities in the Consolidated Account Statement (CAS) issued by depository to verify their holdings.Always verify alerts and transaction details received directly from the exchange or NSDL before proceeding with any trades. Please do not make payments through unverified email links, WhatsApp, or SMS. Always trade through a registered stockbroker and verify all details before making financial decisions.
 
Disclaimer: Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. For more disclaimer /disclosure, visit https://univest.in/stock-broker or Univest App.We collect and use your contact information for legitimate business purposes, including providing updates on our products and services. We do not sell or rent your contact information to third parties. By submitting your details, you authorize us to contact you via Call/SMS, even if you are registered under DND. This authorization remains valid for 12 months.For grievances, please contact us at hello@unibrokers.in .
 
Univest Stock Broking Disclosures
Univest Stock Broking Private Limited - SEBI Reg. No. INZ000317437 (Stock Broker), NSE TM Code: 90392, BSE TM Code: 6866, MCX TM Code: 57290 and ICCL- Self Clearing Member Code: 6866, SEBI Reg. No. IN-DP-779-2024 (Participant), NSDL DP ID: IN304748.
 Risk Disclosures on Derivatives
1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Attention Investors: As per NSE circular dated July 6, 2022: https://nsearchives.nseindia.com/content/circulars/INSP52900.pdf, BSE circular dated July 6, 2022: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220706-55, MCX circular dated July 11, 2022: https://www.mcxindia.com/docs/default-source/circulars/english/2022/july/circular-418-2022.pdf?sfvrsn=9401991_0, investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. 
Investors are further cautioned to avoid practices like:
a. Sharing 
i) trading credentials – login id and passwords including OTPs.
ii) trading strategies,
iii) position details.
b. Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c. Writing/ selling options or trading in option strategies based on tips, without basic knowledge and understanding of the product and its risks.
d. Dealing in unsolicited tips through platforms like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e. Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
 Kindly read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets: https://nsearchives.nseindia.com/content/circulars/INSP49434.pdf
Kindly, read the advisory as prescribed by the Exchange with reference to their circular: NSE/ISC/51035 dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: https://www.nseindia.com/resources/exchange-communication-circulars# 
Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from NSDL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Univest Stock Broking Private Limited and offering such services, please send us an email at hello@unibrokers.in
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number. Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL every month.
Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the- indian-securities-market_74794.html. ODR portal for Investors - https://smartodr.in/login.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.