Kizi Apparels Limited (BSE SME)
July 30, 2024 – August 1, 2024
| Price | ₹21 - ₹21 |
| Premium | ₹5 |
|---|---|
| Lot size | 6000 |
| Allotment | Aug 2, 2024 |
| Listing | Aug 6, 2024 |
Live Rate
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Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| BSE | ₹23.15 | +₹2.15 | +10.24% |
Subscription
Last updated on 01-Aug-2024 20:18:38
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 1260000 | 115524000 | 91.69 |
| Retail | 1260000 | 175926000 | 139.62 |
| Total | 2520000 | 288930000 | 114.65 |
| Total Applications: 37414 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹2.58 | @8% ₹2.95 | @9% ₹3.32 | @10% ₹3.69 | @11% ₹4.06 | @12% ₹4.43 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 6000 | 126000 | 210 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.4% | 1260000 |
| Other | 47.4% | 1260000 |
| Market Maker | 5.19% | 138000 |
| Total No. of Shares | 100.0% | 2658000 |
Kizi Apparels IPO Details
| 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 |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 15.00% | 15.00% | 6.00% |
| ROCE | 14.00% | 17.00% | 9.00% |
| RONW | 12.29% | 13.92% | 6.13% |
| D/E | 0.88 | 0.79 | 0.72 |
| EPS (basic) | 1.4 | 1.07 | 0.4 |
| P/E Pre IPO | 15.01 | ||
| P/E Post IPO | 22.74 |
Company Financials
Kizi Apparels Limited Financial Information (Restated)
Kizi Apparels Limited's revenue increased by 30.84% and profit after tax (PAT) rose by 31.36% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|
| Assets | 1,340.30 | 1,135.10 | 725.14 |
| Revenue | 2,027.37 | 1,549.50 | 539.17 |
| Profit | 72.21 | 54.97 | 20.64 |
| Net Worth | 587.49 | 394.86 | 336.95 |
| Reserves | 71.37 | ||
| Borrowing | 514.61 | 310.96 | 242.73 |
| Amount in ₹ Lakhs | |||
About Company
Kizi Apparels Limited, incorporated in March 2023, specializes in the production and trading of ready-to-wear clothing through its own showrooms, distributors, malls, and an online platform that serves customers across India. The company has introduced an e-commerce platform offering premium ethnic and Western women's apparel under the brand names ANUTARRA and KIZI, respectively. Its diverse product portfolio includes kurti sets, kurtis, churidars, Co-ord sets, semi-formal blazers, shirts, blouses, tops/tunics, dresses, palazzos, skirts, and dupattas. As of June 30, 2024, Kizi Apparels Limited employs a total of 18 permanent staff members across various departments, excluding company directors.
Strength
Unmatched Quality: A steadfast commitment to crafting durable garments that embody the brand's essence and stand the test of time.
Embracing Innovation: A proactive approach to innovation, ensuring the company remains at the forefront of fashion with fresh perspectives and adaptability.
Ethical Integrity: High standards of honesty and transparency in interactions with partners, customers, and stakeholders, maintaining strong ethical practices.
Weakness
Leased Premises: Reliance on leased office and factory spaces may lead to potential uncertainties regarding future lease terms and stability.
Short Operating History: Limited operational history poses challenges in establishing a proven track record and gaining market trust.
Acquired Business Integration: Risks associated with integrating the acquired business of M/s. Aaika Creations, including potential operational and cultural adjustments.
Latest Announcements
| Date | Subject | Attachment Text |
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Financial Results
Lead Manager(s)
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/