Ken Enterprises is set to debut on the NSE SME platform, with its IPO seeing a 4-times subscription led by retail investors. Funds from the IPO will be used for acquisitions, new machinery, and facility renovations. The company, known for its diverse fabric offerings, achieved a revenue of Rs 409 crore in FY24.
A record run! NSE IPO draws Rs 90,000 crore demand, takes subscription crown among India’s 5 largest offerings
NSE IPO GMP Live Updates: The Rs 22,561.57 crore public issue, the second-largest IPO in India by issue size after Hyundai Motor India, received bids