Kizi Apparels IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

👉 Chanakyanipothi.com, a legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.

Table of Contents

What is the business of Kizi Apparels?

Kizi Apparels specializes in manufacturing and trading readymade garments through its own showrooms, distributors, malls, and online platform. As founders of the company, Mr. Abhishek Nathani and its team recognized the need to establish a Unique Selling Proposition (USP) to ensure sustained growth in the market. Through thorough market analysis, the company identified a significant gap in the demand and supply of premium quality products. Its meticulous attention to styling and craftsmanship aligned perfectly with the requirements of premium segments, leading it to forge partnerships with brands sharing similar product philosophies.

In 2019, its collaboration with one of India’s leading brands marked a pivotal milestone in its journey. Establishing a reputation with Arvind Lifestyle Brand Limited was a testament to our industry knowledge and dedication. This success catalyzed its expansion into new horizons, culminating in the launch of its own brand, “ANUTARRA,” specializing in women’s ethnic wear.

Despite global challenges posed by Covid-19 in 2020, its collaboration with Reliance Retail enabled it to achieve unprecedented growth. While many businesses struggled, its operations thrived, further solidifying its position in the market. Additionally, it recently entered into a strategic agreement with M/s. Fab India Limited to manufacture branded products under the “Fab India” label, further diversifying its portfolio and reinforcing our commitment to excellence.

These strategic alliances and expansions underscore its relentless pursuit of excellence and growth in the competitive apparel industry.

Get more information about the company @ https://kiziapparels.co.in/

Who are the Promoters of Kizi Apparels IPO?

The promoters of the company are Abhishek Nathani and Kiran Nathani.

What are the Objects of Kizi Apparels IPO?

The Offer comprises of only fresh issue of shares.

The objectives of the Offer are to:

1.Repayment of unsecured Loans
2.Long-term Working capital requirement
3.General Corporate Purpose,
4.Meeting Public Issue Expenses.

Kizi Apparels IPO Review

Kizi Apparels specializes in manufacturing and trading readymade garments through its own showrooms, distributors, malls, and online platform. As founders of the company, Mr. Abhishek Nathani and its team recognized the need to establish a Unique Selling Proposition (USP) to ensure sustained growth in the market.
Size:  Net size of the IPO is Rs. 5.29 crore, which is very small, compared to other SME IPOs. The retail portion is Rs.2.64 Crore and NII portion is Rs. 2.65 Crore. Oversubscription is not an issue.
Financial Snapshot: Because of new tieups with leading brands, the company has shown steady and strong growth in its total income during last 3 years. The profit margins in this business is not very high. Yet the shares are offered at very attractive valuation and listing gains are expected.
+ from fundamental angle: Apply
+ from grey market angle: ?

Quicklinks

• Staffavailable.com
• BigGaddi.com
• ChanakyaMFGuidance.com
• Magajmari.com
• AnalysisLibrary.com

Kizi Apparels IPO GMP today allotment, review?

Kizi Apparels IPO GMP grey market premium

Kizi Apparels IPO FAQs

What is Kizi Apparels IPO?

This is a SME IPO of 2658000 equity shares of the face value of Rs. 10 aggregating up to Rs.5.58 Crores. The issue is priced at Rs.21 per share. The minimum order quantity is 6000 Shares.

When will Kizi Apparels IPO subscription open?

Kizi Apparels IPO opens on July 30, 2024, and closes on August 01, 2024.

What is the lot size of Kizi Apparels IPO?

Kizi Apparels IPO lot size is 6000 Shares, and the minimum amount required is Rs.126000

How to apply for Kizi Apparels IPO?

You can apply in Kizi Apparels IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Kizi Apparels IPO allotment?

The finalization of Basis of Allotment for Kizi Apparels IPO will be done on August 02, 2024, and the allotted shares will be credited to your demat account by August 05, 2024.

When is Kizi Apparels IPO listing date?

Kizi Apparels IPO listing date is August 06, 2024.