Kizi Apparels Limited is involved in the production and trading of ready-to-wear clothing through our own showrooms, distributors, malls, and online platform.
The company has launched an e-commerce platform offering premium ethnic and Western women’s apparel under the brand names ANUTARRA and KIZI, respectively.
The company caters to all over India through its online platform. Kizi Apparels product portfolio of the company comprises of kurti sets, kurti, churidaar,Co-ord Sets,Semi formal Balzers, Shirts,Blouses, Tops/ Tunics, Dresses, Palazzo, skirt and dupatta.
As of June 30, 2024, the company has a total of 18 permanent employees in various departments, excluding the company directors.
Kizi Apparels IPO – Details
| IPO Opening Date | 30 July 2024 |
| IPO Closing Date | 01 August 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 26,58,000 Shares Worth ₹5.58 Crore Fresh Issue: 26,58,000 Shares Worth ₹5.58 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹21 |
| Market Lot | 6000 Shares |
| Min Order | 6000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Kizi Apparels IPO – Date Schedule
| IPO Open Date | 30 July 2024 |
| IPO Close Date | 01 August 2024 |
| Basis of Allotment | 02 August 2024 |
| Initiation of Refund | 05 August 2024 |
| Credit of Shares to Demat Account | 05 August 2024 |
| IPO Listing Date | 06 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 01, 2024 |
Kizi Apparels IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,26,000 |
| Retail (Max) | 1 | 6000 | ₹1,26,000 |
| HNI (Min) | 2 | 12000 | ₹2,52,000 |
Competitive Strengths
- Quality.
- Innovation.
- Integrity.
- Empowerment.
- Partnership.
Company Promoters
- Abhishek Nathani
- Kiran Nathani
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 5.39 | 5.13 | 0.20 | 2.42 |
| 31 March 2023 | 15.49 | 14.73 | 0.54 | 3.10 |
| 31 March 2024 | 20.27 | 19.32 | 0.72 | 5.14 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 15% |
| ROCE | 14% |
| Debt/Equity | 0.88 |
| RoNW | 12.29% |
| P/BV | 1.85 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 1.4 | 0.92 |
| P/E (x) | 15.01 | 22.74 |
Object Of The Issue
- Repayment of unsecured Loans.
- Long-term Working capital requirement.
- General Corporate Purpose.
- Meeting Public Issue Expenses.
Kizi Apparels IPO Promoter Holding
| Pre Issue Share Holding | 85.36% |
| Post Issue Share Holding | 56.35% |
Kizi Apparels IPO Prospectus
Company Contact Information
| 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 IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Kizi Apparels IPO Lead Manager(s)
| 1. Interactive Financial Services Ltd |
Kizi Apparels IPO FAQs
| What is Kizi Apparels IPO? Kizi Apparels IPO is a SME IPO. The issue is priced at ₹21 per equity share. The IPO is to be listed on BSE SME. |
| When Kizi Apparels IPO will open? The IPO is to open on 30 July 2024 for Retail and Other Investors. |
| What is Kizi Apparels IPO Investors Portion? The investors’ portion for Retail – 50%, and Other – 50%. |
| How to Apply the Kizi Apparels IPO? You can apply Kizi Apparels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kizi Apparels IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kizi Apparels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Kizi Apparels IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kizi Apparels IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kizi Apparels IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kizi Apparels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Kizi Apparels IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Kizi Apparels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Kizi Apparels IPO Size? Kizi Apparels IPO size is ₹5.58 Crore. |
| What is Kizi Apparels IPO Price Band? Kizi Apparels IPO Price Band is ₹21. |
| What is Kizi Apparels IPO Minimum and Maximum Lot Size for retail? The minimum bid is 6000 Shares with ₹1,26,000 amount while the maximum bid is 6000 Shares with ₹1,26,000. |
| What is the Kizi Apparels IPO Allotment Date? Kizi Apparels IPO allotment date is 02 August 2024. |
| What is the Kizi Apparels IPO Listing Date? Kizi Apparels IPO listing date is 06 August 2024. The IPO is to be listed on BSE SME. |
