Mumbai, Feb. 12 -- The scrip was listed at 85, at a discount of 9.57% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 85 and a low of Rs 80.75. About 4.42 lakh shares of the company changed hands at the counter.

Ken Enterprises' IPO was subscribed 4.13 times. The issue opened for bidding on 5 February 2025, and it closed on 7 February 2025. The price of the IPO was set at Rs 94 per share.

The IPO comprised a fresh issue of 61,99,200 shares and an offer for sale (OFS) of 27,00,000 shares by existing shareholders.

The company intends to utilize the net proceeds for unidentified acquisitions in India and abroad, the purchase o...