Kizi Apparels Limited IPO
BSE SMEListed On: Aug 6, 2024 at ₹ 23.15
₹ 126000 /6000 Shares
Check Allotment30 Jul, 2024
Open Date01 Aug, 2024
Close Date02 Aug, 2024
Allotment Date06 Aug, 2024
Listing DateIssue Price
₹21 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
23.15Listing Date
2024-08-06Market Lot
6000 Shares (₹126,000/-)Lead Manager
Interactive Financial Services LtdIssue Size
2,658,000 shares(aggregating up to ₹5.58 Cr)Retail Portion
50%Subscription
115.65 timesKizi Apparels Limited IPO Details
Kizi Apparels Limited IPO is an SME IPO, priced at ₹21 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 26,58,000 equity shares, aggregating up to ₹5.58 crores..
The IPO bidding window is open from Jul 30, 2024 to Aug 1, 2024. The allotment is expected to be finalized on Aug 2, 2024, and the tentative listing date is Aug 6, 2024.
The minimum lot size for retail investors is 6000 shares, with a minimum investment of ₹1,26,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,52,000.
Interactive Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Beeline Broking Ltd will act as the market maker for this issue.
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 |
Kizi Apparels Limited Valuations
EPS Pre IPO
₹1.4/-EPS Post IPO
₹0.92/-P/E Pre IPO
15.01P/E Post IPO
22.74ROE
15%ROCE
14%Debt/Equity
0.88RoNW
12.29%Price to Book Value
1.85Kizi 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
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)
Pre Issue Share Holding: 85.36%
Post Issue Share Holding: 56.35%
- 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.
Other Details
Kizi Apparels Limited
H-629, Phase- II, Sitapura Industrial Area, Sanganer, Jaipur, 302022Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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.
