Ken Enterprises Ltd. has announced public offering of 8899200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 84.00 per share. The gross proceeds of the issue are expected to be Rs 8,365.25 lakhs.
The company's initial public offer (IPO) will open on 05 February 2025 and is expected to close on 07 February 2025, subject to customary closing conditions.
The IPO includes a fresh Issue of 8899200 Equity Shares of the Company at an price of Rs 94.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Ken Enterprises Ltd. anticipates using the proceeds of the issue for .
Corporate Makers Capital Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.