Kizi Apparels IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 30 to Aug 01 2024
Price Band
₹21
Current GMP
₹23.15(10.23%)
Subscription
115.60 times
IPO Details
| IPO Date | July 30, 2024 to August 1, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
| Face Value | ₹10 per share |
| Price | ₹21 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 2,658,000 shares (aggregating up to ₹5.58 Cr) |
| Fresh Issue | 2,658,000 shares (aggregating up to ₹5.58 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,161,200 |
| Share holding post issue | 7,819,200 |
| Market Maker portion | 138,000 shares Beeline Broking |
IPO Date
July 30, 2024 to August 1, 2024
Listing Date
Tuesday, August 6, 2024
Face Value
₹10 per share
Price
₹21 per share
Lot Size
6000 Shares
Total Issue Size
2,658,000 shares (aggregating up to ₹5.58 Cr)
Fresh Issue
2,658,000 shares (aggregating up to ₹5.58 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
5,161,200
Share holding post issue
7,819,200
Market Maker portion
138,000 shares Beeline Broking
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 89.58 |
| Retail Investors | 139.62 |
| Total ** | 115.60 |
Market Maker
1
Non-Institutional Buyers***
89.58
Retail Investors
139.62
Total **
115.60
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Jul 30, 2024 | 1.27 | 7.89 | 4.58 |
| Day 2 Jul 31, 2024 | 3.09 | 23.33 | 13.21 |
| Day 3 Aug 1, 2024 | 89.58 | 139.62 | 115.60 |
DayDay 1
Jul 30, 2024
NII*1.27
Retail7.89
Total4.58
DayDay 2
Jul 31, 2024
NII*3.09
Retail23.33
Total13.21
DayDay 3
Aug 1, 2024
NII*89.58
Retail139.62
Total115.60
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 06-08-2024 | 21.00 | 5(23.81%) | 26 |
| 05-08-2024 | 21.00 | 5(23.81%) | 26 |
| 04-08-2024 | 21.00 | 5(23.81%) | 26 |
| 03-08-2024 | 21.00 | 6(28.57%) | 27 |
| 02-08-2024 | 21.00 | 7(33.33%) | 28 |
| 01-08-2024 | 21.00 | 7(33.33%) | 28 |
| 31-07-2024 | 21.00 | 0(0.0%) | 21 |
| 30-07-2024 | 21.00 | 0(0.0%) | 21 |
| 29-07-2024 | 21.00 | 0(0.0%) | 21 |
| 28-07-2024 | 21.00 | 0(0.0%) | 21 |
| 27-07-2024 | 21.00 | 0(0.0%) | 21 |
| 26-07-2024 | 21.00 | 0(0.0%) | 21 |
| 25-07-2024 | 21.00 | 0(0.0%) | 21 |
Date06-08-2024
Price21.00
GMP5(23.81%)
Estimate List Price26
Date05-08-2024
Price21.00
GMP5(23.81%)
Estimate List Price26
Date04-08-2024
Price21.00
GMP5(23.81%)
Estimate List Price26
Date03-08-2024
Price21.00
GMP6(28.57%)
Estimate List Price27
Date02-08-2024
Price21.00
GMP7(33.33%)
Estimate List Price28
Date01-08-2024
Price21.00
GMP7(33.33%)
Estimate List Price28
Date31-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
Date30-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
Date29-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
Date28-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
Date27-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
Date26-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
Date25-07-2024
Price21.00
GMP0(0.0%)
Estimate List Price21
IPO Important Dates
| IPO Open Date | Tuesday, July 30, 2024 |
| IPO Close Date | Thursday, August 1, 2024 |
| Basis of Allotment | Friday, August 2, 2024 |
| Initiation of Refunds | Monday, August 5, 2024 |
| Credit of Shares to Demat | Monday, August 5, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 1, 2024 |
IPO Open Date
Tuesday, July 30, 2024
IPO Close Date
Thursday, August 1, 2024
Basis of Allotment
Friday, August 2, 2024
Initiation of Refunds
Monday, August 5, 2024
Credit of Shares to Demat
Monday, August 5, 2024
Listing Date
Tuesday, August 6, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 1, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹126,000 |
| Retail (Max) | 1 | 6000 | ₹126,000 |
| HNI (Min) | 2 | 12,000 | ₹252,000 |
ApplicationRetail (Min)
Lots1
Shares6000
Amount₹126,000
ApplicationRetail (Max)
Lots1
Shares6000
Amount₹126,000
ApplicationHNI (Min)
Lots2
Shares12,000
Amount₹252,000
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,340.30 | 1,135.10 | 725.14 |
| Revenue | 2,027.37 | 1,549.50 | 539.17 |
| Profit After Tax | 72.21 | 54.97 | 20.64 |
| Net Worth | 587.49 | 394.86 | 336.95 |
| Reserves and Surplus | 71.37 | ||
| Total Borrowing | 514.61 | 310.96 | 242.73 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20241,340.30
31 Mar 20231,135.10
31 Mar 2022725.14
Period EndedRevenue
31 Mar 20242,027.37
31 Mar 20231,549.50
31 Mar 2022539.17
Period EndedProfit After Tax
31 Mar 202472.21
31 Mar 202354.97
31 Mar 202220.64
Period EndedNet Worth
31 Mar 2024587.49
31 Mar 2023394.86
31 Mar 2022336.95
Period EndedReserves and Surplus
31 Mar 202471.37
31 Mar 2023
31 Mar 2022
Period EndedTotal Borrowing
31 Mar 2024514.61
31 Mar 2023310.96
31 Mar 2022242.73
Key Performance Indicator
| ROE | 15% |
| ROCE | 14% |
| Debt/Equity | 0.88 |
| RoNW | 12.29% |
| P/BV | 1.85 |
| EPS (Rs) | 1.4 |
ROE
15%
ROCE
14%
Debt/Equity
0.88
RoNW
12.29%
P/BV
1.85
EPS (Rs)
1.4
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 138,000 (5.19%) |
| Other Shares Offered | 1,260,000 (47.40%) |
| Retail Shares Offered | 1,260,000 (47.40%) |
| Total Shares Offered | 2,658,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
138,000 (5.19%)
Other Shares Offered
1,260,000 (47.40%)
Retail Shares Offered
1,260,000 (47.40%)
Total Shares Offered
2,658,000 (100%)
Information about company
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
Objectives of IPO
The company proposes to utilize the Net Proceeds from the issue towards the following objects:
Repayment of unsecured Loans
Long-term Working capital requirement
General Corporate Purpose,
Meeting Public Issue Expenses.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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