Issue Price
₹21
Per Share
GMP
NIL
Grey Market
Est. Listing
₹21
Expected Price
Min. Application
₹252,000
2 lots × 6000 shares
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
Kizi Apparels Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 138,000 | — | ₹0.29 Cr | — |
| TOTAL | 2,658,000 | 100.00% | ₹5.58 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹126,000 |
| Retail (Max) | 13 | 78,000 | ₹1,638,000 |
| sNII (Min) | 14 | 84,000 | ₹1,764,000 |
| bNII (Min) | 68 | 408,000 | ₹8,568,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 2027.37 | 1549.50 | 539.17 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 72.21 | 54.97 | 20.64 |
| Net Worth | 587.49 | 394.86 | 336.95 |
| Total Assets | 1340.30 | 1135.10 | 725.14 |
| Reserves & Surplus | 71.37 | N/A | N/A |
| Total Borrowings | 514.61 | 310.96 | 242.73 |