04
Feb
Mumbai (Maharashtra) [India], February 4: Ken Enterprises Limited, a textile manufacturer, has announced its Initial Public Offering (IPO), which is set to open on February 05, 2025. The company aims to raise ₹ 83.65 crores, with shares to be listed on the NSE Emerge platform. Equity Share Allocation Non-Institutional Investors (NII) – Up to 42,27,000 Equity Shares Retail Individual Investors (RII) – Up to 42,27,000 Equity Shares Market Maker – 4,45,200 Equity Shares Utilization of Proceeds: Unidentified Acquisitions in India and abroad Purchase of New Machinery Capital Expenditure for renovation of both manufacturing facilities Working Capital Requirements General Corporate Purposes…
