Ken Enterprises Ltd - IPO

Ken Enterprises Ltd IPO Details

Initial public issue of up to 89,00,000 equity shares of face value of Rs.10/- each of Ken Enterprises Limited for cash at a issue price of Rs.[*] per equity share (including a premium of Rs.[*] per equity share) (issue price) aggregating up to Rs.[*] crores comprising of fresh offer of up to 62,00,000 equity shares aggregating to Rs.[*] crores (fresh issue) and an offer for sale of upto 27,00,000 equity shares by Mr. Nikunj Hariprasad Bagdyia and Mrs Bina Hariprasad Bagdiya (selling shareholders) aggregating to Rs.[*] crores (offer for sale) (the issue) and upto [*] equity Rs.[*] crores will be reserved for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion i.e. offer of up to [*] equity shares of face value of Rs.10/- each at an offer price of Rs.[*] per equity share aggregating to Rs.[*] crores (net offer). The issue and the net issue will constitute [*]% and [*]% 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 [*] times of the face value.

Objective of issue

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.

Ken Enterprises Ltd Contact Details

Ken Enterprises Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - cs@kenindia.in

Website - www.kenindia.in