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IPO Synopsis
Kenrik Industries Ltd
Initial public offer of 34,98,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Kenrik Industries Limited (the "Company" or the "Issuer") for cash at a price of Rs. 25/- per equity share, including a share premium of Rs. 15/- per equity share (the "Issue Price"), aggregating to Rs. 8.75 crores ("The Issue"), of which 1,80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 25/- per equity share, aggregating to Rs. 0.45 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 33,18,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 25/- per equity share, aggregating to Rs. 8.30 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.99% and 26.55% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 25/- each i.e., 2.5 times of the face value of the equity shares. The minimum lot size is 6,000 equity shares.
Issue
Opens On Closes On
29-Apr-25 06-May-25
Money Payable On
Application Allotment
25.00 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
Cr Lead Managers to the Issue
Project Cost (.Cr) 8.36 Turnaround Corporate Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 8.75  
Post Issue Equity Share Capital (.Cr) 12.50
Issue Price () 25.00
Projects
To meet working capital requirements
General corporate expenses
Promoted By
Nitinkumar Dalpatbhai Shah
Nihar Nitinbhai Shah
Manisha Nitinkumar Shah
Listing At
BSE - SME
Registrar to the Issue
No Data Available

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