What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Ken Enterprises Limited IPO allotment date?

The basis of allotment for Ken Enterprises Limited IPO is scheduled to be finalized on 10 Feb 2025.

Where can I check Ken Enterprises Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 11 Feb 2025.

Ken Enterprises Limited

ListedSME

Emerging SME Services · NSE

Ken Enterprises Limited, founded in 1998, is a textile manufacturer specializing in greige fabrics used for clothing, industrial, and home furnishing applications. The company works on an order-to-order basis, offering both regular and sustainable fabrics in various finishes, including dyed (through third parties), printed, and RFD/PFD fabrics. To boost production, it partners with third-party manufacturers in and around Ichalkaranji, Maharashtra, a key fabric weaving hub. Ken Enterprises has two manufacturing units in Shirol taluka near Ichalkaranji, covering 50,000 square feet and equipped with modern textile machinery. As of December 31, 2024, the company employed 228 permanent workers, ensuring quality products and smooth operations.

Price Band

₹94

Issue Size

₹83.65 Cr

Lot Size

1200 shares

GMP

₹5

+5.3%

Est. Listing

₹99

at current GMP

Subscribed

4.36x

overall

Open

5 Feb 2025

7 Feb 2025

Allotment

10 Feb 2025

Refund

11 Feb 2025

Demat Credit

12 Feb 2025

Listing

12 Feb 2025

Last updated 12 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Ken Enterprises Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Feb 2025

Basis finalization

Refunds Initiate

11 Feb 2025

Mandate release

Demat Credit

12 Feb 2025

Shares in demat

Listing Debut

12 Feb 2025

Trading begins

How to Check Ken Enterprises Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Ken Enterprises Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Ken Enterprises Limited Public Issue & Market Profile

Ken Enterprises Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹83.65 Crores. The shares are offered at a price band of ₹94 to ₹94 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-02-07, the basis of allotment is scheduled to be finalized on 2025-02-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.