IPO Details

Ken Enterprises Ltd
Registered Office: 9/621 Industrial Estate, Near Kalyan Kendra, Ichalkaranji - 416115, Maharashtra
Phone: +91-0230-2438 538
Email: cs@kenindia.in
Website: www.kenindia.in
Initial public issue of up to 88,99,200 equity shares of face value of Rs. 10/- each of Ken Enterprises Limited for cash at a issue price of Rs. 94/- per equity share (including a premium of Rs. 84/- per equity share) ("Issue Price") aggregating up to Rs. 83.65 crores comprising of fresh issue of up to 61,99,200 equity shares aggregating to Rs. 58.28 crores ("Fresh Issue") and an offer for sale of upto 27,00,000 equity shares by Nikunj Hariprasad Bagdyia and Bina Hariprasad Bagdiya ("Selling Shareholders") aggregating to Rs. 25.37 crores ("Offer for Sale") ("The Issue") and upto 4,45,200 equity shares at an issue price of Rs. 94 per share aggregating to Rs. 4.18 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of up to 84,54,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 94 per equity share aggregating to Rs. 79.47 croress ("Net Issue"). The issue and the net issue will constitute 36.23% and 34.41% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 9.4 times of the face value

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
05-Feb-2025	07-Feb-2025	₹ 94.00	₹ 0.00

Projects
Unidentified acquisitions in india and abroad purchase of new machinery
Purchase of New Machinery
Capital exp for renovation of both mfg facilities
To meet working capital requirements
General corporate purposes

Promoted By
Nikunj Hariprasad Bagdiya
Bina Hariprasad Bagdiya
Krishnakumar Hariprasad Bagdiy

Listing At
NSE - SME

Registrar to the Issue