New Delhi, Feb. 12 -- Ken Enterprises shares made a weak debut on Wednesday, February 12, listing at Rs.85 on NSE SME, a discount of 9.57 percent over the issue price of Rs.94.

Ken Enterprises' initial public offering (IPO), valued at Rs.83.65 crore, was open for subscription from February 5 to February 7. The SME IPO price was fixed at Rs.94 per equity share.

Following the three days of bidding, Ken Enterprises IPO closed with decent demand, garnering 4.36 times bids. The IPO received bids for 3.68 crore shares against 84.54 lakh shares on offer. The retail investor segment was booked 6.86 times, while the non-institutional investors (NII) category was subscribed 1.75 times in the 3 days of bidding.

Ken Enterprises IPO was a combinati...