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Objective of the Issue
The Company Kenrik Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- To meet Working Capital Requirements.
- General Corporate Expenses.
IPO Details, Price, Market Lot
| Kenrik Industries IPO Details | |
| IPO Open Date | 29 April 2025 |
| IPO Close Date | 6 May 2025 |
| IPO Issue Size | 34,98,000 shares (Aggregating up to ₹8.75 Cr) |
| Fresh Issue | 34,98,000 shares (Aggregating up to ₹8.75 Cr) |
| Offer for Sale | NIL |
| Retail Portion | 50% of the offer |
| Other’s Portion | 50% of the offer |
| Listing At | BSE SME |
| Kenrik Industries IPO Price | |
| Face Value | ₹10 per share |
| IPO Price Band | ₹25 per share |
| IPO Issue Type | Fixed Price Issue |
| Kenrik Industries IPO Time Table (Tentative) | |
| IPO Open Date | 29 April 2025 |
| IPO Close Date | 6 May 2025 |
| Basis of Allotment Date | 7 May 2025 |
| Initiation of Refunds | 8 May 2025 |
| Credit of Share to Demat Account | 8 May 2025 |
| IPO Listing Date | 9 May 2025 |
| Company Promotor & Promotor’s Holding | |
| Nitinkumar Dalpatbhai Shah, Nihar Nitinbhai Shah, Manisha Nitinkumar Shah, Shah Nitin Dalpatlal (HUF) are promoters of company. | |
| Pre Issue Promotor Holding | 99.996% |
| Post Issue Promotor Holding | 72.01% |
| Company’s Contact & Address | |
| Kenrik Industries Limited B-306, East Face, Behind Maruti Suzuki Showroom, Nr. S P Ring Road, Ambli Road, Ambli, Daskroi Phone: +91-9687141430 Email: cs@kenrikindustries.net Website: https://www.kenrikindustries.net/ |
|
| Kenrik Industries IPO Registrar, Lead Manager, Prospectus | |
| Kenrik Industries IPO Prospectus | |
| Kenrik Industries IPO Registrar | |
| Skyline Financial Services Private Ltd | |
| Kenrik Industries IPO Lead Manager | |
| Turnaround Corporate Advisors Private Limited | |
Kenrik Industries SME IPO Lot Size
| Number of Shares Per Lot = 6,000 shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Minimum) | 1 | 6,000 shares | ₹1,50,000 |
| Retail (Maximum) | 1 | 6,000 shares | ₹1,50,000 |
| HNI (Minimum) | 2 | 12,000 shares | ₹3,00,000 |
| Number of Shares Per Lot = 6,000 shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Min) | 1 | 6,000 shares | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 shares | ₹1,50,000 |
| HNI (Mini) | 2 | 12,000 shares | ₹3,00,000 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 31 October 2024 | 1597.88 | 4218.58 | 78.19 | 1336.76 | 98.85 |
| 31 March 2024 | 1579.88 | 7097.46 | 108.46 | 1258.57 | 77.70 |
| 31 March 2023 | 1559.44 | 5204.14 | 47.44 | 1150.11 | 56.50 |
| 31 March 2022 | 1247.18 | 3269.17 | 38.12 | 1102.67 | 34.95 |
| Period Ended | 31 Oct 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 1597.88 | 1579.88 | 1559.44 | 1247.18 |
| Revenue | 4218.58 | 7097.46 | 5204.14 | 3269.17 |
| P A T | 78.19 | 108.46 | 47.44 | 38.12 |
| Net Worth | 1336.76 | 1258.57 | 1150.11 | 1102.67 |
| Borrowings | 98.85 | 77.70 | 56.50 | 34.95 |
| Amount in ₹ Lakh | ||||
