IPO Synopsis

Ken Enterprises Ltd
Registered Office: 9/621 Industrial Estate,Near Kalyan Kendra,Ichalkaranji-416115, Maharashtra
Tel. No: +91-0230-2438 538
Fax No:
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 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of :1200
(₹ Cr) Lead Managers to the Issue
Project Cost 53.03 Corporate Markers Capital Ltd
Project Financed through Current Offer 83.65
Post Issue Equity Share Capital 24.57
Issue Price 94.00
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