Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

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Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO: When evaluating potential IPO investments, understanding the details and differences between various offerings is crucial. In this article, we delve into a detailed comparison between Utssav Cz Gold Jewels IPO and Kizi Apparels IPO.

We’ll cover aspects such as IPO dates, pricing, lot sizes, company profiles, financials, and more. This comparison will help investors make informed decisions based on their investment strategies and risk tolerance.

IPO Overview Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

Utssav Cz Gold Jewels IPO

  • IPO Open Date: July 31, 2024
  • IPO Close Date: August 2, 2024
  • Issue Size: ₹69.50 crores
  • Shares Offered: 63.18 lakh shares
  • Price Band: ₹104 to ₹110 per share
  • Listing Exchange: NSE SME

Kizi Apparels IPO

  • IPO Open Date: July 30, 2024
  • IPO Close Date: August 1, 2024
  • Issue Size: ₹5.58 crores
  • Shares Offered: 26.58 lakh shares
  • Price Band: ₹21 per share
  • Listing Exchange: BSE SME

Lot Sizes and Investment Requirements Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

IPOLot SizeMinimum Application AmountMaximum Application Amount
Utssav Cz Gold Jewels1200 shares₹132,000₹264,000
Kizi Apparels6000 shares₹126,000₹252,000

Utssav Cz Gold Jewels IPO requires a minimum investment of ₹132,000 for 1200 shares. Kizi Apparels IPO, on the other hand, has a minimum lot size of 6000 shares, requiring an investment of ₹126,000.

3. Company Profiles

Utssav Cz Gold Jewels Limited

  • Business: Specializes in designing, manufacturing, wholesaling, and exporting CZ gold jewellery in various purities (18K, 20K, 22K).
  • Established: November 2007
  • Manufacturing Facility: Located in Andheri East, Mumbai.
  • Market Reach: 17 states, 2 union territories in India, and international markets.

Financial Highlights (For FY2024):

  • Revenue: ₹27,733.20 lakhs
  • Profit After Tax: ₹1,073.76 lakhs
  • Net Worth: ₹3,311.00 lakhs

Kizi Apparels Limited

  • Business: Engages in production and trading of women’s apparel under brands ANUTARRA and KIZI.
  • Market Presence: Nationwide reach through showrooms, distributors, malls, and online platforms.
  • Product Range: Ethnic and Western wear, including kurtis, blouses, dresses, and more.

Financial Highlights (For FY2024):

  • Revenue: ₹20,273.70 lakhs
  • Profit After Tax: ₹722.10 lakhs
  • Net Worth: ₹587.49 lakhs

IPO Valuation Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

Utssav Cz Gold Jewels IPO

  • EPS: ₹4.26
  • P/E Ratio: 24.44
  • NAV: ₹13.32 per share
  • RoNW: 38.17%

Kizi Apparels IPO

  • EPS: ₹1.40
  • P/E Ratio: 15.00
  • NAV: ₹11.38 per share
  • RoNW: 12.29%

Promoter Holding Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

Utssav Cz Gold Jewels

  • Pre-IPO: Promoters hold 95.98% of shares.

Kizi Apparels

  • Pre-IPO: Promoters hold 85.36%, which will decrease to 56.35% post-IPO.

IPO Subscription Status

Both IPOs will have their subscription periods ending in early August 2024. Keep an eye on the subscription status for real-time updates.

Comparison Table Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

FeatureUtssav Cz Gold Jewels IPOKizi Apparels IPO
IPO Size₹69.50 crores₹5.58 crores
Price Band₹104 to ₹110₹21
Lot Size1200 shares6000 shares
Minimum Investment₹132,000₹126,000
Listing ExchangeNSE SMEBSE SME
RHPUtssav Cz Gold Jewels IPO RHPKizi Apparels IPO RHP
EPS₹4.26₹1.40
P/E Ratio24.4415.00
NAV₹13.32₹11.38
RoNW38.17%12.29%

Key Takeaways

  • Investment Size: Utssav Cz Gold Jewels require a higher investment per lot compared to Kizi Apparels.
  • Financial Health: Utssav Cz Gold Jewels exhibits stronger financial metrics with higher revenue and profit margins.
  • Market Reach: Both companies have diverse market strategies but in different sectors—jewellery and apparel.
  • IPO Pricing: The price per share for Utssav Cz Gold Jewels is significantly higher than Kizi Apparels, reflecting different market segments and company valuations.

Analyses

Utssav Cz Gold Jewels IPO vs Kizi Apparels IPO presents distinct investment opportunities. Utssav Cz Gold Jewels offer a larger IPO size and higher price range, indicating a possibly larger business scale and market footprint. Kizi Apparels, with a lower price band, may appeal to those looking for a more affordable entry into the market with potential growth in the apparel sector.

Investors should weigh the financial metrics, market presence, and personal investment strategies before deciding. Always conduct thorough research and consult financial advisors to ensure that your investment aligns with your goals and risk appetite.

FAQs – Utssav Cz Gold Jewels IPO Vs Kizi Apparels IPO

What is the difference in the IPO dates for Utssav Cz Gold Jewels and Kizi Apparels?

Utssav Cz Gold Jewels IPO: Opens on July 31, 2024, and closes on August 2, 2024.
Kizi Apparels IPO: Opens on July 30, 2024, and closes on August 1, 2024.

What are the IPO price bands for Utssav Cz Gold Jewels and Kizi Apparels?

Utssav Cz Gold Jewels IPO: The price band is set between ₹104 and ₹110 per share.
Kizi Apparels IPO: The price is fixed at ₹21 per share.

What are the key risks associated with these IPOs?

Utssav Cz Gold Jewels IPO: Risks may include fluctuations in gold prices and changes in consumer demand for jewellery.
Kizi Apparels IPO: Risks might involve fashion trends changes and competition in the apparel sector.

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