Kizi Apparels Limited IPO

BSE SME

Listed On: Aug 6, 2024 at ₹ 23.15

₹ 126000 /6000 Shares

Check Allotment

Kizi Apparels Limited IPO Details

30 Jul, 2024

Open Date

01 Aug, 2024

Close Date

02 Aug, 2024

Allotment Date

06 Aug, 2024

Listing Date

Issue Price

₹21 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

23.15

Listing Date

2024-08-06

Market Lot

6000 Shares (₹126,000/-)

Lead Manager

Interactive Financial Services Ltd

Issue Size

2,658,000 shares(aggregating up to ₹5.58 Cr)

Retail Portion

50%

Subscription

115.65 times

IPO Docs

DRHP RHP

Kizi Apparels Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,260,000	1,260,000	2,520,000
Day 1 - 30-07-24 06:00 PM	1.27 x	7.89 x	4.58 x
Day 2 - 31-07-24 06:00 PM	3.09 x	23.33 x	13.21 x
Day 3 - 01-08-24 06:00 PM	89.69 x	139.62 x	115.65 x

Total No. of Applications: 37,137 (Approx)

Kizi Apparels Limited Valuations

EPS Pre IPO

₹1.4/-

EPS Post IPO

₹0.92/-

P/E Pre IPO

15.01

P/E Post IPO

22.74

RoNW

12.29%

Kizi Apparels Limited Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	1,340.30	1,135.10	725.14
Revenue	2,027.37	1,549.50	539.17
Profit After Tax	72.21	54.97	20.64

About The Company

Kizi Apparels Limited is involved in the production and trading of ready-to-wear clothing through our own showrooms, distributors, malls, and online platform.

The company has launched an e-commerce platform offering premium ethnic and Western women's apparel under the brand names ANUTARRA and KIZI, respectively.

The company caters to all over India through its online platform.The product portfolio of the company comprises of kurti sets, kurti, churidaar,Co-ord Sets,Semi formal Balzers, Shirts,Blouses, Tops/ Tunics, Dresses, Palazzo, skirt and dupatta.

As of June 30, 2024, the company has a total of 18 permanent employees in various departments, excluding the company directors

Kizi Apparels Limited - Promoter(s)

Pre Issue Share Holding: 85.36%

Post Issue Share Holding: 56.35%

Company Promoter(s)

Abhishek Nathani
Kiran Nathani

Kizi Apparels Limited IPO - Issue Objectives

Repayment of unsecured Loans
Long-term Working capital requirement
General Corporate Purpose
Meeting Public Issue Expenses.

Kizi Apparels Limited IPO - FAQs

Ans. Kizi Apparels Limited IPO is a SME IPO. The issue is priced at ₹21 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Jul 30, 2024, and closes on Aug 1, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Kizi Apparels Limited IPO opens on Jul 30, 2024 and closes on Aug 1, 2024.

Ans. The size of Kizi Apparels Limited IPO is 2,658,000 shares(aggregating up to ₹5.58 Cr).

Ans. The IPO price band is set between ₹21 per equity share.

Ans. To apply for Kizi Apparels Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Kizi Apparels Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Kizi Apparels Limited IPO is Aug 2, 2024.

Ans. The Kizi Apparels Limited IPO will be listed on Aug 6, 2024.

Ans. Follow the steps to check the allotment status for Kizi Apparels Limited IPO here.