Ken Enterprises IPO GMP Live, Open Date, Close Date, Price Band

Ken Enterprises IPO open date is from February 5, 2025 to February 7, 2025. This new IPO is a fixed price issue of 88,99,200 equity shares worth up to Rs 83.65 crores of equity shares. This upcoming IPO is offering a combination of fresh issue and offer for sale. The fresh issue of up to 61,99,200 equity shares amounting Rs 58.27 crore, and offers for sale of up to 27,00,000 equity shares amounting Rs 25.38 crore. 

Ken Enterprises IPO price band is Rs 94 per share. As of now, Ken Enterprises IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Ken Enterprises IPO lot size is 1200 shares, and the allotment status will be finalised on Monday, February 10, 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,12,800. The registrar for Ken Enterprises IPO is Skyline Financial Services Private Limited. The listing date is Wednesday, February 12, 2025.

Also Read | Chamunda Electricals IPO GMP Live, Open Date, Close Date, Price Band

Ken Enterprises IPO GMP Live

Ken Enterprises IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 94 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Ken Enterprises IPO GMP might rise in the coming days. Ken Enterprises IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Ken Enterprises IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

Ken Enterprises IPO Price Band

Ken Enterprises IPO price band is Rs 94 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,12,800 (94 x 1200 shares). However, for the HNI category, the minimum investment amount required is 2,25,600 (94 x 2400 shares).

Ken Enterprises Allotment Status

Ken Enterprises IPO Allotment status will be available on its registrar Skyline Financial Services Private Limited website on Monday, February 10, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Ken Enterprises Listing Date

Ken Enterprises IPO listing date has been decided on Monday, February 12, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Ken Enterprises IPO: Listing Date, Lot Size, Issue Size, Price Band

Ken Enterprises IPO: About the Company

Ken Enterprises Limited is a textile manufacturing company incorporated in 1998, located in Ichalkaranji, Maharashtra. Initially incorporated as Ken Enterprises Private Limited, it became a public limited company in 2024. The company specializes in the production and export of grey fabrics with more than 2 decades of experience in the industry.

Under the effective leadership of Mr. Nikunj Hariprasad Bagdiya and Mrs. Bina Hariprasad Bagdiya, Ken Enterprises has come to be established as a mark of quality and reliability in the textile sector. The firm holds ISO 9001:2015 certification in its name as a testament of maintaining high manufacturing standards. Ensuring customer satisfaction and timely delivery, Ken Enterprises continues to open up new domestic and international market opportunities. Its strategic initiatives aim to enhance operational efficiency and product offerings, positioning the company favourably within the competitive textile landscape.

Ken Enterprises IPO Objectives

Ken Enterprises IPO objectives include utilising the funding received from the fresh issue into various objectives, including purchase of new machinery, capital expenditure for renovation of manufacturing facilities, to meet working capital requirements and further to meet general corporate purposes.

Ken Enterprises IPO: Key Dates, Allotment, Listing Date

Ken Enterprises IPO Subscription status, IPO Reservation

Ken Enterprises IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Ken Enterprises IPO Lot Size Details

Ken Enterprises IPO lot size is set at 1200 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,12,800 (94 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,25,600 (94 x 2400 shares).

Ken Enterprises IPO Promoter Holdings

Ken Enterprises IPO promoter are Mr. Nikunj Hariprasad Bagdiyaand, Mrs. Bina Hariprasad Bagdiya. The promoter's combined shareholdings before the IPO was 81.21%; however, post-IPO, their shareholdings will decline to 20%.

Ken Enterprises Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Ken Enterprises IPO

Ken Enterprises PO lead manager is Corporate Makers Capital Limited. The company has appointed Skyline Financial Services Private Limited as the registrar for this public issue.

How to apply to the Ken Enterprises IPO

Interested investors who want to apply to the Ken Enterprises IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Ken Enterprises IPO FAQs

1. What are the core details available of the Ken Enterprises IPO?

Ken Enterprises IPO is a fixed price issue worth up to Rs 83.65 crores. The price band for this IPO is 94 per share. This upcoming IPO is offering a combination of a fresh issue of up to 61.99 lakh equity shares and offer for sale of up to 27 lakh equity shares.

2. What is the Ken Enterprises IPO open date and close date?

Ken Enterprises IPO subscription opens on Wednesday, February 5, 2025, and closes on Friday, February 7, 2025.

3. What is Ken Enterprises IPO GMP Live?

Ken Enterprises IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 94 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Ken Enterprises IPO Allotment status is available on its registrar, Skyline Financial Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Ken Enterprises IPO?

Ken Enterprises IPO lead manager is Corporate Makers Capital Limited. The company has appointed Skyline Financial Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?