Kizi Apparels IPO description – Incorporated in March 2023, Kizi Apparels specializes in the manufacturing and trading of ready-made garments through its showrooms, distributors, malls, and online platforms. The company has launched an e-commerce platform offering premium ethnic apparel under the brand name ANUTARRA and Western women’s apparel under the brand name KIZI. The company caters to all over India through its online platform.
The company’s product portfolio includes 2/3 PC kurta sets, kurtis, churidars, co-ord sets, semi-formal blazers, shirts, blouses, tops/tunics, dresses, palazzos, skirts, and dupattas. As of 30 June 2024, the company has 18 permanent employees across various departments, excluding the company directors.
Promoters of Kizi Apparels – Abhishek Nathani, and Kiran Nathani
Table of Contents
Kizi Apparels IPO Details
| Kizi IPO Dates | 30 Jul – 1 Aug 2024 |
| Kizi IPO Price | INR 21 per share |
| Fresh issue | 26,58,000 shares (INR 5.58 crore) |
| Offer For Sale | NIL |
| Total IPO size | 26,58,000 shares (INR 5.58 crore) |
| Minimum bid (lot size) | 6,000 shares (INR 1,26,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Kizi Apparels Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 498.92 | 1,548.05 | 2,026.51 |
| Expenses | 513.07 | 1,473.92 | 1,932.19 |
| Net income | 20.64 | 54.97 | 72.21 |
Kizi Apparels Offer News
- Kizi Apparels RHP
- Kizi Apparels Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Kizi Apparels Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.40 | 1.07 | 1.40 |
| PE ratio | – | – | 15.00 |
| RONW (%) | 6.13 | 13.92 | 12.29 |
| NAV | 6.53 | 7.65 | 11.38 |
| ROCE (%) | 9.00 | 17.00 | 14.00 |
| EBITDA (%) | 2.46 | 7.47 | 7.96 |
| Debt/Equity | 0.72 | 0.79 | 0.88 |
Kizi Apparels IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 5 August 2024 | 5 | – | 7,500 |
| 3 August 2024 | 7 | – | 8,500 |
| 2 August 2024 | 7 | – | 8,500 |
| 1 August 2024 | 7 | – | 8,500 |
| 31 July 2024 | 7 | – | 8,500 |
Kizi Apparels IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 12,60,000 | 12,60,000 | 25,20,000 |
| 1 Aug 2024 | 91.69 | 139.62 | 115.65 |
| 31 Jul 2024 | 3.20 | 23.40 | 13.30 |
| 30 Jul 2024 | 1.27 | 7.89 | 4.58 |
The market maker reservation portion of 1,38,000 shares is not included in the above calculations.
Kizi Apparels IPO Allotment Status
Kizi Apparels IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Kizi Apparels IPO Dates & Listing Performance
| IPO Opening Date | 30 July 2024 |
| IPO Closing Date | 1 August 2024 |
| Finalization of Basis of Allotment | 2 August 2024 |
| Initiation of refunds | 5 August 2024 |
| Transfer of shares to demat accounts | 5 August 2024 |
| IPO Listing Date | 6 August 2024 |
| Opening Price on BSE SME | INR 23.15 per share (up 10.24%) |
| Closing Price on BSE SME | INR 24.30 per share (up 15.71%) |
Kizi Apparels Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
Office No. 508, Fifth Floor, Priviera,
Nehru Nagar, Ahmedabad – 380 015, Gujarat
Phone: +91-9898055647
Email:Â [email protected]
Website:Â www.ifinservices.in
Kizi Apparels Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Kizi Apparels Issue Contact Details
KIZI APPARELS LIMITED
H-629, Phase- II, Sitapura Industrial Area,
Sanganer, Jaipur, 302022, Rajasthan, India
Phone: +91 99830 23939
E-mail: [email protected]
Website: www.kiziapparels.com
IPO FAQs
What is the Kizi Apparels offer size?
Kizi Apparels offer size is INR 5.58 crores.
What is the Kizi Apparels offer price band?
Kizi Apparels public offer price is INR 21 per share.
What is the lot size of the Kizi Apparels IPO?
Kizi Apparels offer lot size is 6,000 shares.
What is Kizi Apparels IPO GMP today?
Kizi Apparels IPO GMP today is INR 5 per share.
What is the Kizi Apparels kostak rate today?
Kizi Apparels kostak rate today is INR NA per application.
What is Kizi Apparels Subject to the Sauda rate today?
Kizi Apparels is Subject to the Sauda rate today is INR 7,500 per application.
