Kizi Apparels Limited

Company Name	Kizi Apparels Limited
Open Date	30-07-2024
Close Date	01-08-2024
Exchange	BSE SME
Lot Size	6000 Shares
Issue Price	₹21 per share
Issue Size	26,58,000 shares
Application Amount	₹1,26,000
Recommendation	Avoid

Originally formed and incorporated as ‘Kizi Apparels Private Limited’ on March 24, 2023. The registered office is located at Jaipur, Rajasthan. The Company is engaged in manufacturing and trading of readymade garments through their own showrooms, distributors, malls and online platform. The company sells Ethnic and Western wear for women under the brand name ‘Anutarra’ and ‘Kizi’ respectively. The company had 18 permanent employees as of June 30, 2024.

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Financial Summary in Lakhs

KPI’s	FY 22	FY 23	FY 24
Revenue	498.92	1,548.05	2,026.51
EBITDA	17.70	122.78	174.51
Net Profit	20.82	54.97	72.21
RoCE	2.35%	24.56%	19.66%
ROE	6.18%	13.92%	12.29%
P/E	52.50	19.63	15.00

Tentative Timeline

Opening Date	30-07-2024
Closing Date	01-08-2024
Basis of Allotment	02-08-2024
Initiation of Refunds	05-08-2024
Credit of Shares to Demat	05-08-2024
Listing Date	06-08-2024

Objects of the Issue

Repayment of unsecured loans.

Long-term Working Capital requirement.

General Corporate Purposes.

Contact Information

Registered Office	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/

Offer Documents

Kizi Apparels IPO DRHP

Kizi Apparels IPO RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

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%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	85.36%
Share Holding Post Issue (Promoters)	56.35%