Kizi Apparels Limited
Fixed Price IPO · BSE
- Price band
- ₹21 - ₹21
- Lot size
- 6,000 shares
- Issue amount
- ₹5.58 cr
- Total subscription
- 114.65×
- Opens
- 30 Jul 2024
- Closes
- 1 Aug 2024
- Allotment
- 2 Aug 2024
- Listing
- 6 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 26,58,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,26,000
- Fresh issue
- ₹5.58 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,26,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 51,61,200
- Shares after issue
- 78,19,200
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 6,000 | ₹1,26,000 |
| HNI | 2 | 12,000 | ₹2,52,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0 | 369.44 |
| RETAIL | 2.65 | 0 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 1.4 | 1.07 | 0.4 |
| ROE | 15 | 15 | 6 |
| ROCE | 14 | 17 | 9 |
| RONW | 12.29 | 13.92 | 6.13 |
| PRE IPO(PE) | 15.01 | 0 | 0 |
| POST IPO(PE) | 22.74 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Kizi Apparels Limited, founded in March 2023, makes and sells stylish ready-to-wear clothing across India. The company offers both ethnic and Western women's outfits under the brand names ANUTARRA and KIZI through its showrooms, distributors, malls, and online store. Their collection includes kurti sets, churidars, co-ord sets, blazers, shirts, dresses, skirts, and more. As of June 30, 2024, the company has 18 permanent employees working in different departments, excluding directors.
Strengths
- Unmatched Quality: We create long-lasting, high-quality garments that truly represent our brand and are made to stand the test of time.
- Embracing Innovation: We stay ahead in fashion by bringing fresh ideas and adapting to new trends.
- Ethical Integrity: We believe in honesty, transparency, and treating our partners, customers, and stakeholders with respect and fairness.
Risk factors
- Leased Premises: Depending on rented office and factory spaces could bring uncertainty about future rent terms and stability.
- Short Operating History: Being a relatively new company makes it harder to build a strong track record and win customer trust.
- Acquired Business Integration: Merging with M/s. Aaika Creations may come with challenges like adjusting operations and aligning company cultures.
Promoters
Abhishek Nathani
Kiran Nathani
Registrar & documents
Lead manager
Interactive Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
H-629, Phase- II, Sitapura Industrial Area, Sanganer, Jaipur, 302022
+91 99830 23939
[email protected]Company website ↗Understanding KIZI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.