IPO Price Range: ₹94 - 94
Min Investment
₹1,12,800
IPO Size
₹83 Cr
IPO Status
Live
Quantity in 1 Lot
1200
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 5 Feb 2025 |
Bid Closing Date | 7 Feb 2025 |
Allotment Date | 10 Feb 2025 |
Issue Size | ₹83.65Cr |
Quantity in 1 lot | 1200 |
Diversified range of services offered.
Strong Client base.
Experience of our Promoter and core management team.
Quality Assurance.
Cost competitiveness and time bound delivery.
The company is dependent on third party manufacturers to manufacture its products on job work basis. The companys business is therefore dependent to a large extent on expected performance and operation of such manufacturers.
There have been certain instances of non- compliances in respect of ROC filing or payments. Any penalty or action taken by any regulatory authorities in future for non-compliance with provisions of all applicable law and other law could impact on the financial position of the Company to that extent. Further, few form are not available in the company records.
Its logo and Trade Mark ken and KEN are not registered yet with Registrar of Trademark; any infringement of its brand name or failures to get it registered may adversely affect the company business.
The company has experienced negative cash flows in the past and may continue to do so in the future and the same may adversely affect its cash flow requirements, which in turn may adversely affect its ability to operate the company business and implement the company growth plans, thereby affecting its financial condition.
Its operations are geographically located in one area i.e. Ichalkaranji, Kolhapur, Maharashtra and any localized social unrest, natural calamities, etc. could have material adverse effect on business and financial operations.
The company business is vulnerable to variations in demand and changes in consumer preferences, which could have an adverse effect on its business, results of operations and financial condition.
If the company is unable to procure raw material of the required quality and quantity, at competitive prices and in absence of any long term contract or agreement with its suppliers, the company business, results of operations and financial condition may be adversely affected.
Its Promoters and Directors have extended mortgage over their properties along with personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.
The company Registered Office, a part of its factory I and warehouse from where the company operates are not owned by the Company. Any adverse impact on the title /ownership rights of the owner, from whos premises the company operate its registered office, part of its Factory I and warehouse or breach of the terms / non-renewal of the rent agreements, may cause disruption in its corporate affairs and business and impede the company effective operations and thus adversely affect its profitability.
The company industry is labour intensive and its business operations may be materially adversely affected by strikes, work stoppages or increased wage demands by the company employees or those of its suppliers.
Investors | Holdings % |
Nikunj Hariprasad Bagdiya | 48.35% |
Bina Hariprasad Bagdiya | 28.99% |
Krishnakumar Hariprasad Bagdiy | 3.87% |