Kenrik Industries Ltd plans to raise up to Rs. 8.75 crore from Public Issue; IPO open till May 6, 2025

Highlights:

• Fresh Public issue of Rs. 8.75 crore opens for subscription from April 29 to May 6
• Minimum lot size for application is 6000 shares; Minimum IPO application amount Rs. 1,50,000
• Funds raised through the issue will be used for working capital requirements and general corporate purposes
• For FY23-24, the company reported revenues of Rs. 70.97 crore and Net Profit of Rs. 1.08 crore; For the seven months of FY25 ended 31st October 2024, the company reported revenue of Rs. 42.19 crore…