Kizi Apparels is engaged in manufacturing and trading of readymade garments through their Showrooms, distributors malls, and online platforms. The company has launched an e-commerce platform offering premium ethnic and Western women’s apparel under ANUTARRA and KIZI, respectively. The product portfolio of the company comprises kurta sets, kurta, churidar, Co-ord Sets, Semi-formal Balzers, Shirts, Blouses, Tops/ Tunics, Dresses, Palazzo, skirts, and dupatta.
In the year 2021, they became one regular manufacturer of Reliance Retail. They have executed an Agreement and Non-Disclosure Agreement (NDA) with Reliance Retails Limited, Mumbai, on May 30, 2023, for three years. In 2021, they launched their women’s western wear brand by the name of “KIZI”. In the year 2022, they entered into a distribution and wholesale network with their brands and consequently, their sales increased three times. This has helped us to capture a sizable share of the market for their Brands.
Objects of the Issue:
- Repayment of unsecured Loans
- Long-term Working capital requirement
- General Corporate Purpose,
- Meeting Public Issue Expenses.
Kizi Apparels IPO Review
- Risky
Kizi Apparels IPO Date & Price Band Details
| IPO Open: | July 30, 2024 |
| IPO Close: | August 1, 2024 |
| IPO Size: | Approx ₹5.58 Crores, 2,658,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹21 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Kizi Apparels IPO Market Lot
The Kizi Apparels IPO minimum market lot is 6000 shares with a ₹126,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 6000 | ₹126,000 |
| Retail Maximum | 1 | 6000 | ₹126,000 |
| S-HNI Minimum | 2 | 12000 | ₹252,000 |
Kizi Apparels IPO Dates
The Kizi Apparels IPO date is July 30 and the IPO close date is August 1. The IPO allotment date is August 2 and the IPO might list on August 6.
| IPO Open Date: | July 30, 2024 |
| IPO Close Date: | August 1, 2024 |
| Basis of Allotment: | August 2, 2024 |
| Refunds: | August 5, 2024 |
| Credit to Demat Account: | August 5, 2024 |
| IPO Listing Date: | August 6, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Kizi Apparels IPO Form
How to apply Kizi Apparels IPO? You can apply Kizi Apparels IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kizi Apparels IPO in the Invest section. The other option you can apply Kizi Apparels IPO via IPO forms download via the NSE website. Check out the Kizi Apparels forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Kizi Apparels Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹5.39 | ₹5.13 | ₹0.21 |
| 2023 | ₹15.50 | ₹14.74 | ₹0.55 |
| 2024 | ₹20.27 | ₹19.32 | ₹0.72 |
Kizi Apparels IPO Valuation – FY2024
Check Kizi Apparels IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹1.40 per Equity Share |
| Price/Earning P/E Ratio: | 15.00 |
| Return on Net Worth (RoNW): | 12.29% |
| Net Asset Value (NAV): | ₹11.38 per Equity Share |
Peer Group
- Thomas Scott (India) Limited
- Bizotic Commercial Limited
Company Promoters
- Abhishek Nathani
- Kiran Nathani.
Kizi Apparels IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Kizi Apparels IPO Allotment Status
Check Kizi Apparels IPO allotment status on Bigshare website URL. Click Here
Kizi Apparels IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Company Address
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/
