IPO

IPO Synopsis Ken Enterprises Ltd
Registered Office : 9/621 Industrial Estate,Near Kalyan Kendra, Ichalkaranji - 416115, Maharashtra, India.
Phone : +91-0230-2438 538   Fax:
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-25  07-Feb-25  94.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  1200   Further Multiples of :  1200
  Rs 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
 Skyline Financial Services Pvt
 
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