Kizi Apparels Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,260,000 (47%) | — | ₹265 Cr |
| Retail | — | 1,260,000 (47%) | — | ₹265 Cr |
| Market Maker | — | 138,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 2,658,000 (100%) | — | ₹5,582 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹126,000 |
| Retail (Max) | 13 | 78,000 | ₹1,638,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,764,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,442,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 2,027 | 1,550 | 539 |
| Profit After Tax | 72 | 55 | 21 |
| Net Worth | 587 | 395 | 337 |
| Total Assets | 1,340 | 1,135 | 725 |
| Reserves & Surplus | 71 | — | — |
| Total Borrowing | 515 | 311 | 243 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment of unsecured Loans –
- Long-term Working capital requirement –
- General Corporate Purpose, –
- Meeting Public Issue Expenses. –
Company Overview
Incorporated in March 2023, 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.
The 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