Kizi Apparels Limited IPO
Kizi Apparels Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹21 per share. The stock debuted at ₹23.15, delivering a listing gain of 10.2%. The IPO had a lot size of ₹6000 shares and a minimum investment of ₹1,26,000.
Kizi Apparels Limited IPO
- IPO Dates
- Jul 30, 2024 – Aug 1, 2024
- Price band
- ₹21 per equity share
- Minimum Investment
- ₹1,26,000
- Issue size
- ₹5.58 Cr
- Lot size
- 6000
- Allotment Date
- Aug 2, 2024
- Listing
- Aug 6, 2024
- Listing At
- BSE SME
IPO timeline
-
Jul 30, 2024
Open Date
Completed
-
Aug 1, 2024
Close Date
Completed
-
Aug 2, 2024
Allotment Date
Completed
-
Aug 6, 2024
Listing Date
Completed
Kizi Apparels Limited IPO Essentials
Kizi Apparels Limited IPO Details
Kizi Apparels Limited IPO is priced at ₹21 per share with a total issue size of 5.58 crore. The IPO has a lot size of 6000 shares and is listed on BSE SME.
- Issue price
- ₹21 per equity share
- Lot size
- 6000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,658,000 shares(aggregating up to ₹5.58 Cr)
- Total issue size
- 26,58,000 shares
(aggregating up to ₹5.58 crore) - Fresh issue
- 26,58,000 shares
(aggregating up to ₹5.58 crore) - Listing at
- BSE SME
- List price
- 23.15
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Interactive Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 6000 | ₹1,26,000 |
| Retail(max) | 1 | 6000 | ₹1,26,000 |
| NII (min) | 2 | 12,000 | ₹2,52,000 |
Kizi Apparels Limited IPO Reservation
Kizi Apparels Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,658,000 shares, approximately 47.4% for retail investors, and 5.19% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 138,000 (5.19%) | |
| Retail Shares Offered | 1,260,000 (47.4%) | |
| Total Shares Offered | 2,658,000 (100%) |
Kizi Apparels Limited IPO Analytics
Kizi Apparels Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Kizi Apparels Limited IPO Subscription Status
Kizi Apparels Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
Kizi Apparels Limited Valuations
Earnings
- EPS Pre IPO
- ₹1.4/-
- EPS Post IPO
- ₹0.92/-
- P/E Pre IPO
- 15.01
- P/E Post IPO
- 22.74
Returns
- ROE
- 15%
- ROCE
- 14%
- RoNW
- 12.29%
Fundamentals
- Debt / Equity
- 0.88
- Price / Book
- 1.85
Kizi Apparels Limited Financials( In Lakhs)
| 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 |
Kizi Apparels Limited Company & Offer Insights
About Kizi Apparels Limited
Incorporated in March 2023, Kizi Apparels Limited has business of ready made garments production and trading through showrooms, distributor network, Malls and on line platform.
The company started its e commerce platform for providing quality ethnic and Western women's Apparel under the Brands ANUTARRA and KIZI respectively.
The product of the Company are available for customers across all of India through website.
The company's product portfolio includes Kurti sets, kurti, churidaar, Co-ord Sets, semi-formal balzers, shirts, blouses, tops /tunics, dresses, palazzo, skirt, and dupatta.
The company has up to 30 June 2024 a permanent number of employees working in departments that are excluded from the Company Directors at 18.
Kizi Apparels Limited Promoter(s)
Abhishek Nathani, Kiran Nathani are the company's promoters of Kizi Apparels Limited.
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 - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Kizi Apparels Limited | 1.4 | 1.4 | 11.38 | 15 | 12.29 | 1.85 | Consolidated |
| Thomas Scott (India) Limited | 5.22 | 5.22 | 22.56 | 25.54 | 20.15 | 5.91 | Consolidated |
| Bizotic Commercial Ltd | 4.92 | 4.92 | 15 | 12.11 | 31.86 | 3.97 | Consolidated |
Notes:
- CMP as on March 31, 2024
- CMP of our company is considered as an Issue Price.
- Amount taken as on March 31, 2024
Contact Information
Contact Details
Kizi Apparels Limited
+91 99830 23939
H-629, Phase- II, Sitapura Industrial Area, Sanganer, Jaipur, 302022
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Kizi Apparels Limited IPO is a Fixed Priced IPO worth ₹5.58 crore. The issue price is ₹21 per share (fixed price). The IPO opens on Jul 30, 2024 and closes on Aug 1, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Kizi Apparels Limited IPO is ₹21 per share (fixed price).
The lot size of Kizi Apparels Limited IPO is 6000 shares.
The minimum investment for Kizi Apparels Limited IPO is approximately ₹1,26,000 based on the issue price .
Kizi Apparels Limited IPO opens on Jul 30, 2024 and closes on Aug 1, 2024.
The allotment date of Kizi Apparels Limited IPO is Aug 2, 2024.
Kizi Apparels Limited IPO is expected to be listed on Aug 6, 2024, on BSE SME Platform.
Kizi Apparels Limited IPO valuation snapshot: P/E 22.74, EPS ₹0.92/-, P/B 1.85, RoNW 12.29%, and market cap N/A.
To apply for Kizi Apparels Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Kizi Apparels Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Kizi Apparels Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Kizi Apparels Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kizi Apparels Limited IPO allotment status on IPO Ji for quick and easy access.