Kizi Apparels IPO Date, Review, Price, Allotment Details

Kizi Apparels IPO Details: Kizi Apparels IPO date is fixed, The IPO will open on July 30 and will close on August 1. Kizi Apparels is a BSE SME IPO to raise ₹5.58 crores via IPO. The Kizi Apparels IPO price band is fixed at ₹21 with a market lot of 6000 shares.

Kizi Apparels IPO

Table of Contents


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.

ApplicationLot SizeSharesAmount
Retail Minimum16000₹126,000
Retail Maximum16000₹126,000
S-HNI Minimum212000₹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
YearRevenueExpensePAT
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: [email protected]
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: [email protected]
Website: https://kiziapparels.co.in/

Kizi Apparels IPO FAQs


What is Kizi Apparels IPO?

Kizi Apparels IPO is an NSE SME IPO. They are going to raise ₹5.58 Crores via IPO. The issue is priced at ₹21 per equity share. The IPO is to be listed on BSE.

When Kizi Apparels IPO will open?

The IPO is to open on July 30, 2024 for QIB, NII, and Retail Investors.

What is Kizi Apparels IPO Investors Portion?

The investors’ portion for QIB is 0%, NII is 50%, and Retail is 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 Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kizi Apparels”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

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”. 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 Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Kizi Apparels”. 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 Paytm Money.

What is Kizi Apparels IPO Size?

Kizi Apparels IPO size is ₹5.58 crores.

What is Kizi Apparels IPO Price Band?

Kizi Apparels IPO Price Band is ₹21 per equity share.

What is Kizi Apparels IPO Minimum and Maximum Lot Size?

The IPO bid is 6000 shares with ₹126,000.

What is Kizi Apparels IPO Allotment Date?

Kizi Apparels IPO allotment date is August 2, 2024.

What is Kizi Apparels IPO Listing Date?

Kizi Apparels IPO listing date is August 6, 2024. The IPO to list on BSE SME.

Note: The Kizi Apparels IPO details are announced officially. The IPO grey market premium (Kizi Apparels IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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