What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Kizi Apparels Limited IPO?

Kizi Apparels Limited IPO has received a total subscription of 114.65 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kizi Apparels Limited

ListedSME

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

₹5

+23.8%

Est. Listing

₹26

at current GMP

Subscribed

114.65x

overall

Open

30 Jul 2024

1 Aug 2024

Allotment

2 Aug 2024

Refund

3 Aug 2024

Demat Credit

4 Aug 2024

Listing

6 Aug 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

114.65x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

91.69x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 114.65x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	—	175,926,000	0.00x
NIB	1,260,000	115,524,000	91.69x
RETAIL	1,260,000	—	0.00x
Total	2,520,000	291,450,000	114.65x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 113.80x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	155	17,771	114.65x
HNIs (10L +)	1	92	91.69x
HNIs (2-10L)	5	458	91.69x
Total Applications	161	18,321	113.80x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Kizi Apparels Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Kizi Apparels Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Kizi Apparels Limited IPO is ₹5 per equity share. Based on the upper price band of ₹21 to ₹21 per equity share, the estimated listing price is ₹26 (+23.8% expected listing gain).

What is the expected profit per lot for Kizi Apparels Limited IPO?

With a lot size of 6000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹30,000 (+23.8% gain). Minimum application cost is approx ₹1,26,000.

What is the issue size and price band for Kizi Apparels Limited IPO?

The Kizi Apparels Limited IPO aggregate issue size is ₹5.58 Crores with an equity price band set at ₹21 to ₹21 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,26,000.

How can I check Kizi Apparels Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 114.65x (Retail: 0.00x, QIB: 0.00x, NII: 91.69x). You can track live multiples directly on our dedicated subscription page.

Where and when will Kizi Apparels Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-08-02. Investors can verify status using PAN card or application number.

When is the listing date for Kizi Apparels Limited IPO?

Kizi Apparels Limited shares are scheduled to list on BSE on 2024-08-06.