
Consumer Discretionary / Textiles · BSE
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.
Price Band
₹21
Issue Size
₹5.58 Cr
Lot Size
6000 shares
GMP
+23.8%
Est. Listing
₹26
at current GMP
Subscribed
114.65x
overall
Open
30 Jul 2024
Close
1 Aug 2024
Allotment
2 Aug 2024
Refund
3 Aug 2024
Demat Credit
4 Aug 2024
Listing
6 Aug 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
2 Aug 2024
Basis finalization
Refunds Initiate
3 Aug 2024
Mandate release
Demat Credit
4 Aug 2024
Shares in demat
Listing Debut
6 Aug 2024
Trading begins
Kizi Apparels Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Textiles sector with an aggregate issue size of ₹5.58 Crores. The shares are offered at a price band of ₹21 to ₹21 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-01, the basis of allotment is scheduled to be finalized on 2024-08-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.