Ken Enterprises IPO Allotment: How To Check Status; Find GMP And Listing Date Here
The share allotment of the SME IPO is expected to be finalised on Feb. 10. Ahead of its listing, shares of Ken Enterprises Limited are expected to list at Rs 99 apiece, up 5.32% over the IPO price.
Ken Enterprises IPO Allotment, GMP, Listing Details: The initial public offering of Ken Enterprises Ltd. concluded its subscription on Friday, Feb. 7. The SME IPO was subscribed 4.36 times on its final day led by demand from retail investors who bid for 2,90,12,400 shares against the 42,27,000 offered. Non-institutional investors put in bids for 73,78,800 shares against the 42,27,000 shares offered.
These investors will now look forward to the listing of Ken Enterprises shares which will debut on the stock market this week. Ahead of its listing, here's all you need to know about GMP, allotment date, listing date and steps to check allotment status.
Ken Enterprises IPO Allotment And Listing Date
The allotment for the Ken Enterprises IPO is expected to be finalised on Monday, Feb. 10. Shares of Ken Enterprises Limited will list on NSE SME (Emerge) with a proposed listing date of Wednesday, Feb. 12. Successful bidders will get the credit of shares to their demat accounts on Feb. 11, and refunds will be issued to the others on the same day.
How To Check Ken Enterprises IPO Allotment
You can verify the share allotment status of Ken Enterprises on the web portals of NSE and the IPO registrar site of Skyline Financial Services by following the step-by-step guide provided below.
Steps to check Ken Enterprises IPO allotment status on NSE:
Visit the IPO allotment page on the NSE website here: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Select 'Equity & SME IPO bid details'.
Select the company symbol 'KEN' in the dropdown list.
Enter PAN details and Application Number.
Click on the Submit button to verify your share allotment status.
Steps to check Ken Enterprises IPO allotment status on Skyline Financial Services:
Visit the IPO allotment page on Skyline Financial website here: https://www.skylinerta.com/ipo.php
Select the company name as 'Ken Enterprises Limited' from the dropdown list on the application status page.
Enter investor PAN details or Application Number or DP/Client ID.
Click on the Search button to verify your share allotment status.
Ken Enterprises IPO Latest GMP
The latest grey market premium (GMP) for Ken Enterprises IPO was Rs 5, recorded as of 11:57 a.m. on Feb. 10. Considering today's GMP and issue price, shares of Ken Enterprises Limited are expected to list on NSE SME at Rs 99 apeice, up 5.32% over IPO price - as per InvestorGain.com.
The unlisted shares of Ken Enterprises were trading as high as Rs 130 before the issue opened for subscription only to drop to Rs 99 when the bidding closed on Friday. Going by the GMP trends, investors can look forward to a positive listing when the shares hit the market next week.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
