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Ken Enterprises IPO vs Readymix Construction Machinery IPO

Comparison between Ken Enterprises IPO and Readymix Construction Machinery IPO.

IPO Details

Ken Enterprises IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Readymix Construction Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.

 Ken Enterprises IPOReadymix Construction Machinery IPO
LogoKen Enterprises IPO LogoReadymix Construction Machinery IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersCorporate Makers Capital Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ken Enterprises IPO is up to ₹79.47 Cr whereas the issue size of the Readymix Construction Machinery IPO is up to ₹35.77 Cr. The final issue price of Ken Enterprises IPO is ₹94.00 per share and of Readymix Construction Machinery IPO is ₹123.00 per share.

 Ken Enterprises IPOReadymix Construction Machinery IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share
Issue Price (Upper)₹123.00 per share
Issue Price (Final)₹94.00 per share₹123.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size57,54,000 shares29,08,000 shares
Fresh Issue Size (Amount)up to ₹54.09 Crup to ₹35.77 Cr
OFS Issue Size27,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹25.38 Crup to ₹0.00 Cr
Issue Size Total84,54,000 shares29,08,000 shares
Issue Size Total (Amount)up to ₹79.47 Crup to ₹35.77 Cr

IPO Timetable

Ken Enterprises IPO opens on Feb 05, 2025, while Readymix Construction Machinery IPO opens on Feb 06, 2025. The closing date of Ken Enterprises IPO and Readymix Construction Machinery IPO is Feb 07, 2025, and Feb 10, 2025, respectively.

 Ken Enterprises IPOReadymix Construction Machinery IPO
Anchor Bid DateFeb 05, 2025
Issue OpenFeb 05, 2025Feb 06, 2025
Issue CloseFeb 07, 2025Feb 10, 2025
Basis Of Allotment (Tentative)Feb 10, 2025Feb 11, 2025
Initiation of Refunds (Tentative)Feb 11, 2025Feb 12, 2025
Credit of Share (Tentative)Feb 11, 2025Feb 12, 2025
Listing date (Tentative)Feb 12, 2025Feb 13, 2025
Anchor Lockin End date 1Mar 13, 2025
Anchor Lockin End date 2May 12, 2025

Financials & KPIs

Ken Enterprises IPO P/E ratio is 19.34, as compared to Readymix Construction Machinery IPO P/E ratio of 10.46.

 Ken Enterprises IPOReadymix Construction Machinery IPO
Financials

Ken Enterprises Limited Financial Information (Restated Consolidated)

Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets266.3242.15195.16187.26
Total Income332.85409.13375.23360.32
Profit After Tax9.538.933.952.36
Net Worth54.3844.8535.9331.98
Reserves and Surplus36.0142.2733.3429.39
Total Borrowing43.1447.8449.4541.01
Amount in ₹ Crore

Readymix Construction Machinery Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets52.4338.9732.1630.16
Total Income35.569.8455.0147.83
Profit After Tax1.049.282.781.33
Net Worth19.818.759.436.63
Reserves and Surplus11.918.298.966.17
Total Borrowing16.687.97.64.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.21100.00
Promoter Shareholding (Post-Issue)49.7272.06
P/E Ratio19.3410.46
Market Cap₹230.92 Cr.₹134.79 Cr.
ROE19.90%65.90%
ROCE51.52%48.96%
Debt/Equity0.090.42
EPS₹4.86₹11.76
RoNW19.90%49.51%

Shares Offered

In the Ken Enterprises IPO Retail Individual Investors (RII) are offered 67,30,800 shares while in Readymix Construction Machinery IPO retail investors are offered 67,30,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ken Enterprises IPO and 5,82,000 shares in Readymix Construction Machinery IPO.

 Ken Enterprises IPOReadymix Construction Machinery IPO
Anchor Investor Reserveration0 shares8,71,000 shares
Market Maker Reserveration4,45,200 shares1,54,000 shares
QIB0 shares5,82,000 shares
NII17,23,200 shares4,37,000 shares
RII67,30,800 shares10,18,000 shares
Employee0 shares0 shares
Others
Total84,54,000 shares29,08,000 shares

Bids Received (Subscription)

Ken Enterprises IPO subscribed 4.36x in total, whereas Readymix Construction Machinery IPO subscribed 4.61x.

 Ken Enterprises IPOReadymix Construction Machinery IPO
QIB (times)5.10x
NII (times)1.75x4.76x
Big NII (times)
Small NII (times)
RII (times)6.86x4.26x
Employee (times)
Other (times)
Total (times)4.36x4.61x