Ken Enterprises IPO

Ken Enterprises Limited, an award-winning and ISO 9001:2015 certified company, has over 20 years of experience in textile manufacturing. Specializing in both regular and sustainable greige and finished fabrics, the company serves domestic and international markets. Renowned for its innovative fabric design and production, Ken Enterprises has earned prestigious accolades, including the Texprocil Export Award. It exports fabrics to over 10 countries and is an approved vendor for leading international brands like ZARA (Inditex Group), Target, and Primark. Its diverse product portfolio caters to apparel, home textiles, and industrial applications.

IPO Strengths

• Senior management with nearly two decades of expertise, ensuring sustainable growth.

• Consistent profitability and strong financial performance over recent years.

• Leveraging Ichalkaranji’s textile hub for scalable, efficient operations without capital investment.

• Long-standing B2B relationships, fostering repeat business and a solid reputation.

• Wide product range, offering a one-stop sourcing solution.

• In-house fabric development expertise, enabling partnerships with global apparel brands.

• Efficient design-to-delivery process, ensuring quick turnaround and customer satisfaction.

Ken Enterprises IPO Key Financials (in ₹ lakhs)

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	24,215.49	19,515.92	18,726.09
Revenue	40,220.78	36,396.26	35,479.84
Profit After Tax	892.73	394.85	236.46
Reserves and Surplus	4226.55	3333.82	2938.97
Total Borrowings	4784.39	4945.44	4100.61

Ken Enterprises Limited Upcoming IPO Details

Category	Details
Issue Type	Book Built Issue IPO
Total Issue Size	Fresh Issue: 61,99,200 shares (aggregating up to ₹ 58.27 Cr) Offer for Sale: 27,00,000 shares (aggregating up to ₹25.38 Cr)
Price Range	₹94 per share
Lot Size	1200 Shares
Face Value	₹10 per share
Listing Exchange	SME, NSE
Pre-IPO Shareholding	1,83,66,280 shares
Post-IPO Shareholding	2,45,65,480 shares
Market Marker	4,45,200 shares (Giriraj Stock Broking Private Limited)

Ken Enterprises IPO Important Dates

IPO Activity	Date
IPO Open Date	5 February 2025
IPO Close Date	7 February 2025
Basis of Allotment	10 February 2025
Refunds Initiation	11 February 2025
Credit of Shares to Demat	11 February 2025
Listing Date	12 February 2025

Ken Enterprises IPO Lots

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹1,12,800
Retail (Max)	1	1200	₹1,12,800
HNI (Min)	2	2400	₹2,25,600

Ken Enterprises IPO Lead Managers

Lead Managers

Corporate Makers Capital Limited

Ken Enterprises Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	34.51
Price/Earnings (P/E) Ratio	TBD
Return on Net Worth (RoNW)	19.90%
Net Asset Value (NAV)	173.39
Return on Equity	19.90%
Return on Capital Employed (ROCE)	51.52%
EBITDA Margin	4.91%
PAT Margin	2.22%
Debt to Equity Ratio	0.09

Ken Enterprises IPO Peer Group Comparison

Name of Company	Face Value (₹)	EPS (₹)	P/E Ratio	RoNW (%)	NAV (₹)	Revenue (₹ in Lakhs)
Ken Enterprise Private Limited	10	34.51	[●]	19.90%	173.39	40,220.78
Laxmi Cotspin Limited	10	(0.14)	N.A.	-0.38%	30.88	14,402.21
Pashupati Cotspin Limited	10	5.43	97.61	7.00%	77.57	65,837.68

Objectives of the Proceeds

• Unidentified acquisitions in india and abroad, ₹625 lakhs

• Purchase of new machinery, ₹453.30 lakhs

• Capital expenditure for renovation of both manufacturing facilities, 376.54 lakhs

• To meet working capital requirements, ₹2400 lakhs

• To meet general corporate expenses