Kizi Apparels IPO Date, Details, Allotment and Analyses

Kizi Apparels IPO is a fixed price issue aiming to raise ₹5.58 crores. The entire issue consists of 26.58 lakh new equity shares.

Kizi Apparels IPO is open for subscription on July 30, 2024, and closes on August 1, 2024. The allotment for the IPO is expected on August 2, 2024. Kizi Apparels IPO will be listed on BSE SME with a listing date fixed as August 6, 2024.

Kizi Apparels IPO is priced at ₹21 per share, with a minimum application lot size of 6000 shares. Retail investors need a minimum investment of ₹126,000, while HNIs must invest in at least 2 lots (12,000 shares), totalling ₹252,000.

Source Doc – Kizi Apparels IPO RHP

Kizi Apparels IPO Date, Details, Allotment and Analyses

Kizi Apparels IPO Details

Open DateJuly 30, 2024
Close DateAugust 1, 2024
IPO SizeA total of Rs ₹5.58 crores and 26.58 lakh shares
Fresh Issue26.58 Equity Shares
Face Value₹10 per share
IPO Price Band ₹21 per share
IPO Listing onBSE SME
Lot Size6000 Shares
OFSN.A
Share Offered to Retail50%
Share Offered to QIB
Share Offered to HNI50%

Kizi Apparels IPO Date

  • IPO Open Date: July 30, 2024
  • IPO Close Date: August 1, 2024
  • Allotment: August 2, 2024
  • Refunds: August 5, 2024
  • Shares Credit to Demat: August 5, 2024
  • Listing Date: August 6, 2024

Lot Size

ApplicationLotsSharesAmount
Retail (Min)16000₹126,000
Retail (Max)16000₹126,000
HNI (Min)212,000₹252,000

Promoter Holding

The company’s promoters, Abhishek Nathani and Kiran Nathani, hold 85.36% of the shares before the issue, which decreases to 56.35% after the issue.

Kizi Apparels IPO GMP (Grey Market Premium)

If you want to know Kizi Apparels IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Kizi Apparels IPO Subscription Status

Kizi Apparels IPO subscription starts on July 30, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Kizi Apparels IPO Allotment Status

To check the Kizi Apparels IPO allotment status go to the IPO registrar website ”Bigshare Services Pvt Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. Submit details and get the allotment status.

Know About Company

  • Business Scope: Engages in production and trading of women’s apparel sold through own showrooms, distributors, malls, and an online platform.
  • Brand Offerings: Markets premium ethnic and Western wear under the brands ANUTARRA and KIZI respectively, targeting diverse fashion preferences.
  • Market Presence: Serves customers across India through its robust online platform, ensuring nationwide accessibility and convenience.
  • Product Range: Offers a wide array of clothing including kurti sets, kurtis, churidars, co-ord sets, semi-formal blazers, shirts, blouses, tops/tunics, dresses, palazzos, skirts, and dupattas.
  • Focus on Quality: Emphasizes quality and style, catering to contemporary fashion trends with a focus on customer satisfaction.
  • Expansion Goals: Continues to expand its market reach and product offerings to meet evolving consumer demands in the apparel sector.

Kizi Apparels Limited Financial Information

The financial performance table for Kizi Apparels Limited for the financial years ending March 31, 2024, 2023, and 2022:

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,340.301,135.10725.14
Revenue (₹ Lakhs)20,273.7015,495.005,391.70
Profit After Tax (PAT) (₹ Lakhs)722.10549.70206.40
Net Worth587.49394.86336.95
Total Borrowing514.61310.96242.73

These figures represent the financial performance of Kizi Apparels Limited in lakhs of Indian Rupees (₹ Lakhs) for the specified periods.

KIP of Kizi Apparels Limited

The financial KPI table for Kizi Apparels Limited for the fiscal years ending March 31, 2024, 2023, and 2022:

MetricMarch 31, 2024March 31, 2023
Total Income (₹ Lakhs)2,027.371,549.50
Current Ratio2.211.64
Debt Equity Ratio0.880.79
EBITDA (₹ Lakhs)161.34115.75
Operating EBITDA Margin (%)7.96%7.47%
Profit After Tax (PAT) (₹ Lakhs)72.2154.97
Net Profit Ratio (%)0.04%0.04%
Return on Equity Ratio (%)0.15%0.15%
Return on Capital Employed (%)0.14%0.17%

These metrics provide insights into the financial performance and health of Kizi Apparels Limited over the specified fiscal years. Amounts are presented in lakhs of Indian Rupees (₹ Lakhs), and percentages are denoted by %.

Kizi Apparels Limited IPO Valuation – FY2024

Financial MetricValue
Earnings Per Share (EPS)₹1.40 per Equity Share
Price/Earnings (P/E) Ratio15.00
Return on Net Worth (RoNW)12.29%
Net Asset Value (NAV)₹11.38 per Equity Share

Peer Group

  • Thomas Scott (India) Limited
  • Bizotic Commercial Limited

Kizi Apparels Limited IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri (East),
Mumbai – 400093
Tel No.: +91 22-62638200
Fax No.: +91 22-62638299
Website: www.bigshareonline.com

Kizi Apparels Limited IPO Lead Manager

INTERACTIVE FINANCIAL SERVICES
LIMITED
Address: Office No. 508, Fifth Floor, Priviera, Nehru
Nagar, Ahmedabad – 380 015 Gujarat, India
Tel No.: 079 4908 8019
(M) +91-9898055647
Web Site: www.ifinservices.in

Kizi Apparels Limited Contact

Kizi Apparels Limited
H-629, Phase- II,
Sitapura Industrial Area,
Sanganer, Jaipur, 302022
Phone: +91 99830 23939
Email: info@kiziapparels.com
Website: https://kiziapparels.co.in/

Kizi Apparels Limited IPO Application Form PDF

To download the Kizi Apparels Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

FAQs – Kizi Apparels Limited IPO

What is the IPO date for Kizi Apparels Limited?

The Kizi Apparels IPO opens on July 30, 2024, and closes on August 1, 2024.

What is the minimum lot size for applying to Kizi Apparels IPO?

The minimum lot size is 6000 shares, requiring a minimum investment of ₹126,000 for retail investors.

When will Kizi Apparels IPO shares be credited to Demat accounts?

Shares for successful applicants are expected to be credited to their Demat accounts on August 5, 2024.

What are the business operations of Kizi Apparels Limited?

Kizi Apparels is engaged in the production and trading of women’s apparel, offering a range of ethnic and Western wear through its own showrooms, distributors, malls, and online platform.

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