Ken Enterprises IPO Allotment Status: Check Latest GMP, Steps To Verify Status

Bidding for Ken Enterprises Limited IPO was open from February 5, 2025, to February 7, 2025. The basis of allotment will be finalised today, i.e., February 10, 2025. The tentative listing date for the IPO is February 12, 2025, on NSE SME. 

Ken Enterprises Limited IPO Allotment Status on NSE

Below is the step-by-step procedure to check Ken Enterprises Limited's IPO Allotment Status on NSE. 

• Head to the NSE Application Status page. 
• Select “Equity & SME IPO bid details.”
• In the “select symbol,” select “KEN.”
• Enter your PAN No. & Application No. 
• Click “Submit.”

IPO Details

The Ken Enterprises Limited IPO was opened on February 5, 2025, and closed on February 7, 2025. The price band is set at ₹94 per share. The IPO will be listed on NSE SME on February 12, 2025.  

Use of Proceeds

The IPO proceeds will be used towards:

• Proposed acquisitions (India & abroad)
• Procurement of new machinery
• Capital expenditure for manufacturing facility renovation
• Working capital requirements
• General corporate expenses
• Issue-related expenses

Ken Enterprises Limited IPO - Overall Subscription Status

(February 6, 2025, end of the day)

The Ken Enterprises Limited IPO was subscribed 4.14 times. Of these, 

• Retail investors subscribed 6.87 times, 
• Non-institutional investors (NII) subscribed 1.74 times, 

Ken Enterprises Limited IPO GMP (Grey Market Premium) Details

As of Feb 10th, 2025, Ken Enterprises Limited IPO’s GMP was recorded ₹5; the expected listing price is ₹99 per share, a premium of 5.32%, according to LiveMint.

Ken Enterprises Limited Business Overview

Ken Enterprises Limited is an ISO 9001:2015 certified textile manufacturer with over two decades of expertise in the industry. The company has received several accolades, including the prestigious Texprocil Export Award. 

They specialise in producing both conventional and sustainable greige and finished fabrics, catering to domestic and international markets. With exports reaching over 10 countries, Ken Enterprises Limited is an approved vendor for leading global brands such as ZARA (Inditex Group), Target, and Primark.

Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade or deal in the grey market, nor do we recommend or endorse trading in the grey market.