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Ken Enterprises IPO
Price Band
₹
Issue Size
₹83.65 Cr
Lot Size
1,200 shares
Min Investment
₹112,800
GMP
+₹5.0 (5.32%)
Issue Price
₹94.0
Subject to Sauda
₹4600
Paid only if allotted
Ken Enterprises IPO AI Summary
- Ken Enterprises IPO is listed on NSE SME.
- Subscription window: 05 Feb–07 Feb 2025, listing on 12 Feb 2025.
- Current GMP is +₹5.0 (5.32%) — unofficial and can change daily.
Ken Enterprises Limited is a textile manufacturer with a focus on greige fabrics, aiming to enhance its production capacity and expand through various initiatives funded by its IPO. The company has shown growth in total income and profit over recent periods, though the latest figures are not directly comparable to full fiscal years.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Ken Enterprises IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 07 Feb 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Ken Enterprises IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+5.32%
Est. Listing
₹99.0
Updated: 25 Jul 2026 14:30
About the Company
Incorporated in 1998, Ken Enterprises Limited is engaged in the business of textile manufacturing. The company manufactures fabrics for various purposes, including apparel, industrial, technical, shirtings, and home furnishings. The company is into manufacturing of greige fabrics. They utilize third-party manufacturing services for the production of greige fabric on a job-work basis, located in and around Ichalkaranji, Maharashtra, a key fabric weaving hub, to enhance their manufacturing capacity. The company’s business model focuses on quality and customer satisfaction, supplying regular and sustainable greige and finished fabrics on an order-to-order basis. The product range includes greige, dyed (supported by third parties), printed, and RFD/PFD fabrics. The company has two manufacturing units, both located in Shirol taluka near Ichalkaranji, covering a combined area of approximately 50,000 square feet and equipped with the necessary machinery. Product Portfolio: High Value Apparel Fabrics Voiles: for Ladies wear Light Canvas fabrics: For Shoe uppers, Bags, Cargo pants Organic and sustainable fabrics: For High-end apparel Bed Linen: For Home Textiles Shoe Canvases: For Shoes As of December 31, 2024, the company had 228 permanent employees. Competitive Strengths: Experienced Leadership Backed by a dedicated employee base Robust Financial Performance Asset light model Established Relationships with the clients Diverse product portfolio offering single point sourcing solution for customers In-house product development expertise Fast development and short delivery time
Company Financials (₹ Cr)
As of 2024-11-30
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 266.30 | 242.15 | 195.16 | 187.26 |
| Total Income | 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 |
Key Ratios
EPS
₹4.86
NAV
₹24.42
ROE
19.90%
ROCE
51.52%
RoNW
19.90%
P/B Value
3.85
P/E Ratio
19.34
Market Cap
₹230.92 Cr
PAT Margin
2.22%
Debt/Equity
0.09
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Pashupati Cotspin Limited | 77.57 | 7% | 113.44 | 5.43 | 5.43 |
| Laxmi Cotspin Limited | 30.88 | -0.38% | — | -0.14 | -0.14 |
| Ken Enterprises Limited This IPO | 24.42 | 19.9% | 19.34 | 4.86 | 4.86 |
Promoters
Nikunj Hariprasad Bagdiyaand and Bina Hariprasad Bagdiya
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Unidentified Acquisitions in India and abroad 6.25 2 Purchase of New Machinery 4.53 3 Capital Expenditure for renovation of both manufacturing facilities 3.77 4 To meet working capital requirements 25.00 5 General Corporate Expenses 13.48 6 Issue Expenses 5.25 Total 58.27
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹360.32 Cr in the year ending 31 Mar 2022, rising to ₹375.23 Cr by 31 Mar 2023, then increasing further to ₹409.13 Cr for the year ending 31 Mar 2024. However, the most recent figure of ₹332.85 Cr as of 30 Nov 2024 is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹2.36 Cr in the year ending 31 Mar 2022, increasing to ₹3.95 Cr by 31 Mar 2023, and rising further to ₹8.93 Cr for the year ending 31 Mar 2024. The most recent figure of ₹9.53 Cr as of 30 Nov 2024 is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Ken Enterprises is priced at a P/E ratio of 19.34 at the issue price, compared to peers trading at P/E ratios ranging from 19.34 to 113.44.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the premium at which an IPO is expected to list compared to its issue price. A positive GMP suggests strong demand, while a negative or low GMP may indicate weak interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid IPOs like this, which can be more volatile and carry higher risks.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens for subscription on 5 February 2025 and closes on 7 February 2025. Allotment of shares will be completed by 10 February 2025, with shares expected to be listed on 12 February 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs experience significant price increases on their first trading day, others may not perform as well. Investors should be prepared for the possibility of price volatility.
This evaluation is generated from Ken Enterprises's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Ken Enterprises IPO GMP today?
Ken Enterprises IPO GMP today is +₹5.0 (5.32%). GMP is an unofficial grey-market indicator and can change daily.
When does Ken Enterprises IPO open and close?
Ken Enterprises IPO opens on 05 February 2025 and closes on 07 February 2025.
When does Ken Enterprises IPO list on the stock exchange?
Ken Enterprises IPO listed on 12 February 2025 at ₹99.0.
What is the lot size for Ken Enterprises IPO?
The lot size for Ken Enterprises IPO is 1200 shares, requiring a minimum investment of ₹112,800.
What is the lot size for this IPO?
The lot size for Ken Enterprises IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹112,800.
What is the issue price of the IPO?
The issue price of the Ken Enterprises IPO is ₹94.0.
When does the IPO open and close?
The IPO opens on 5 February 2025 and closes on 7 February 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the shares may list compared to the issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
05 Feb 2025
Close
07 Feb 2025
Allotment
10 Feb 2025
Listing
12 Feb 2025
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