Kent RO IPO

About Kent RO

Kent R O Systems is a company engaged in the manufacturing and sale of water purifiers and household appliances. It offers a wide range of products, including electric and non-electric water purifiers, water softeners, internet of things (IoT)-enabled devices, zero-water-wastage systems, kitchen appliances, and brushless direct current (BLDC) fans under the brands ‘Kent’ and ‘Kuhl’. The product portfolio also includes items such as egg boilers, mixers, cooktops, multicookers, and vegetable cleaners. The company operates four manufacturing facilities: one is situated in Roorkee, Uttarakhand, and the remaining three are located in Noida, Uttar Pradesh. The Roorkee unit focuses on water purifiers and softeners, while the Noida facilities handle the production of purifiers, appliances, and fans. One of the three facilities located in Noida also serves as a mother warehouse. Use of proceeds: The IPO is an offer-for-sale (OFS). The company will not receive any proceeds from the offer. Net proceeds from the offer will go to the promoter selling shareholders in proportion to the number of shares offered by them for sale. The primary objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges, which is expected to enhance the company’s visibility and brand recognition. Listing will also provide liquidity to the existing shareholders and create a public market for the company’s shares in India​.