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Ken Enterprises Ltd

Registered Office : 9/621 Industrial Estate,Near Kalyan Kendra,Ichalkaranji Maharashtra 416115 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

Opens On

Closes On

05-Feb-2025

07-Feb-2025

Money Payable On

Application

Allotment

94.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

53.03

83.65

24.57

94.00

Corporate Markers Capital Ltd

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