Kizi Apparels Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹5(23.81%)
Premium (ELP)
Having completed its public offering, Kizi Apparels Limited's is now listed and trading on the BSE exchange as of Aug 06, 2024. The IPO raised cumulative capital of 26,58,000 Shares, including 26,58,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹21 to ₹21 and minimum investment requirement of 6000 shares. subscription activity between Jul 30, 2024 and Aug 01, 2024 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Aug 02, 2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Kizi Apparels Limited, founded in March 2023, makes and sells stylish ready-to-wear clothing across India. The company offers both ethnic and Western women's outfits under the brand names ANUTARRA and KIZI through its showrooms, distributors, malls, and online store. Their collection includes kurti sets, churidars, co-ord sets, blazers, shirts, dresses, skirts, and more. As of June 30, 2024, the company has 18 permanent employees working in different departments, excluding directors.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Unmatched Quality: We create long-lasting, high-quality garments that truly represent our brand and are made to stand the test of time.
- Embracing Innovation: We stay ahead in fashion by bringing fresh ideas and adapting to new trends.
- Ethical Integrity: We believe in honesty, transparency, and treating our partners, customers, and stakeholders with respect and fairness.
- Leased Premises: Depending on rented office and factory spaces could bring uncertainty about future rent terms and stability.
- Short Operating History: Being a relatively new company makes it harder to build a strong track record and win customer trust.
- Acquired Business Integration: Merging with M/s. Aaika Creations may come with challenges like adjusting operations and aligning company cultures.
- Abhishek Nathani
- Kiran Nathani
Kizi Apparels Limited
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