Kizi Apparels Limited IPO
BSE SMEListed On: Aug 6, 2024 at ₹ 23.15
₹ 252000 /12000 Shares
*Min Investment
30 Jul, 2024
Open Date01 Aug, 2024
Close Date02 Aug, 2024
Allotment Date06 Aug, 2024
Listing DateKizi Apparels Limited IPO Issue Details
- Issue Price ₹21 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 26,58,000 shares(aggregating up to ₹5.58 crore)
- Fresh Share 26,58,000 shares(aggregating up to ₹5.58 crore)
- Listing at BSE SME
- List Price 23.15
- Listing Date 2024-08-06
- Lead Manager Interactive Financial Services Ltd
- Registrar Bigshare Services Pvt 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 offers total 2,658,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,1,260,000 (47.4%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| 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 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 Analysis And 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
Kizi Apparels Limited Company Financials
| 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 Kizi Apparels Limited 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)
Abhishek Nathani
Kiran Nathani
Pre Issue Share Holding : 85.36%
Post Issue Share Holding : 56.35%
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 Details
Kizi Apparels Limited
H-629, Phase- II, Sitapura Industrial Area, Sanganer, Jaipur, 302022
+91 99830 23939
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Kizi Apparels Limited IPO is 2,658,000 shares(aggregating up to ₹5.58 Cr).
Ans. The Kizi Apparels Limited IPO price band is set between ₹21 per equity share.
Ans. To apply for Kizi Apparels Limited 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 Kizi Apparels Limited IPO allotment status online.
