Ken Enterprises Ltd

Ken Enterprises Ltd IPO

IPO Price Range: ₹94 - 94

Ken Enterprises Limited (KEL) is a distinguished textile company with over 25 years of expertise, led by Managing Director Mr. Nikunj Hariprasad Bagdiya. Recognized for excellence, KEL operates in Fabric Business and Apparel Division, providing end-toend solutions. The ISO 9001:2015 certified company exports to 20+ countries, holds certifications like GOTS and BCI, and embraces sustainability. With a state-of-the-art manufacturing setup, KEL offers high-value fabrics globally, demonstrating a commitment to innovation, quality, and corporate responsibility.

Min Investment

₹1,12,800

IPO Size

₹83 Cr

IPO Status

Live

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Ken Enterprises Ltd

upcoming
Open Date5 Feb 2025
Close Date7 Feb 2025
Allotment Date10 Feb 2025
Listing Date12 Feb 2025

Key Statistics

Bid Opening DateBid Opening Date5 Feb 2025
Bid Closing DateBid Closing Date7 Feb 2025
Allotment DateAllotment Date10 Feb 2025
Issue SizeIssue Size₹83.65Cr
Quantity in 1 lotQuantity in 1 lot1200

Strengths and Risks of Ken Enterprises Ltd IPO

Strengths

Strengths

  • Diversified range of services offered.

  • Strong Client base.

  • Experience of our Promoter and core management team.

  • Quality Assurance.

  • Cost competitiveness and time bound delivery.


Risks

Risks

  • 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.

Promoters Holding

Investors Holdings %
Nikunj Hariprasad Bagdiya48.35%
Bina Hariprasad Bagdiya28.99%
Krishnakumar Hariprasad Bagdiy3.87%

Frequently Asked Questions of Ken Enterprises Ltd IPO

  • What is the size of the Ken Enterprises Ltd IPO?

    The size of the Ken Enterprises Ltd IPO is ₹83.65Cr .

  • What is 'pre-apply' for Ken Enterprises Ltd IPO?

    'Pre-apply' for Ken Enterprises Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Ken Enterprises Ltd IPO order be placed?

    Your Ken Enterprises Ltd IPO order will be placed on 5 Feb 2025.

  • What are the open and close dates of the Ken Enterprises Ltd IPO?

    The open and close dates of the Ken Enterprises Ltd IPO are 5 Feb 2025 to 7 Feb 2025.

  • What is the lot size and minimum order quantity of the Ken Enterprises Ltd IPO?

    The lot size and minimum order quantity of the Ken Enterprises Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Ken Enterprises Ltd IPO?

    The potential listing gains on the Ken Enterprises Ltd IPO will depend on various market factors and cannot be predicted with certainty.