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Ken Enterprises IPO is a fixed price issue amounting to ₹83.65 crores. This offering consists of a fresh issue of 61.99 lakh shares, totalling ₹58.27 crores, along with an offer for the sale of 27.00 lakh shares, aggregating ₹25.38 crores.
The IPO subscription window is open from February 5, 2025, to February 7, 2025, with the allotment finalization anticipated on Monday, February 10, 2025. The IPO is set to be listed on NSE SME, with a tentative listing date of Wednesday, February 12, 2025.
The issue price per share is ₹94, and the minimum lot size for retail investors is 1,200 shares, requiring an investment of ₹1,12,800. Meanwhile, HNI investors must apply for at least 2 lots (2,400 shares), amounting to ₹2,25,600.
For comprehensive insights and real-time updates on Ken Enterprises IPO GMP, as well as details about the IPO subscription status and allotment, investors can rely on trusted platforms like IPO Watch, IPO Allotment BSE, or refer to the Ken Enterprises Limited IPO Red Herring Prospectus (RHP). Staying informed about these crucial aspects is essential for making well-informed investment decisions in this IPO.
| IPO Date | February 5, 2025 to February 7, 2025 |
| Listing Date | 12 February 2025 |
| Face Value | ₹10 per share |
| Price | ₹ 94 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 88,99,200 shares (aggregating up to ₹83.65 Cr) |
| Fresh Issue | 61,99,200 shares (aggregating up to ₹ 58.27 Cr) |
| Offer for Sale | 27,00,000 shares of ₹10 (aggregating up to ₹25.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,83,66,280 shares |
| Share Holding Post Issue | 2,45,65,480 shares |
| Market Maker Portion | 4,45,200 shares Giriraj Stock Broking Private Limited |
| IPO Open Date | Wednesday, February 5, 2025 |
| IPO Close Date | Friday, February 7, 2025 |
| Basis of Allotment | Monday, February 10, 2025 |
| Initiation of Refunds | Tuesday, February 11, 2025 |
| Credit of Shares to Demat | Tuesday, February 11, 2025 |
| Listing Date | Wednesday, February 12, 2025 |
| Cut-off time for UPI mandate confirmation | The credit of Shares to Demat |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,12,800 |
| Retail (Max) | 1 | 1200 | ₹1,12,800 |
| HNI (Min) | 2 | 2,400 | ₹2,25,600 |
| Investor Category | Investor Category |
| Qualified Institutional Buyers (QIB) | Not more than 50% of the net issue |
| Non-Institutional Investors (NII/HNI) | At least 15% of the net issue |
| Retail Individual Investors (RII) | At least 35% of the net issue |
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 266.3 | 242.15 | 195.16 | 187.26 |
| Revenue | 332.85 | 409.13 | 375.23 | 360.32 |
| Profit After Tax | 9.53 | 8.93 | 3.95 | 2.36 |
| Net Worth | 54.38 | 44.85 | 35.93 | 31.98 |
| Reserves and Surplus | 36.01 | 42.27 | 33.34 | 29.39 |
| Total Borrowing | 43.14 | 47.84 | 49.45 | 41.01 |
Maximizing Opportunities with Ken Enterprises Limited IPO
Ken Enterprises Limited IPO presents an opportunity for investors looking to participate in a fixed-price issue with a total size of ₹83.65 crores. With a subscription window from February 5 to February 7, 2025, and a tentative listing on NSE SME on February 12, 2025, this IPO attracts attention from retail and HNI investors alike.
Staying updated on Ken Enterprises IPO GMP, subscription status, and allotment details through reliable sources like IPO Watch, BSE Allotment Status, and the company's RHP can help investors make well-informed decisions. As always, conducting thorough research and assessing risk factors before investing in any IPO is essential.
