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Kizi Apparels IPO is a book build IPO listing on BSE SME exchange. The company is based in Jaipur and caters to Textiles sector. Interactive Financial Services is the merchant banker of Kizi Apparels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th October 2023.
Kizi Apparels IPO open date is 30th July 2024 and close date is 1st August 2024. IPO Allotment Date is 2nd August 2024 and Listing date is 6th August 2024.Kizi Apparels IPO size is Rs 5.58 Cr. crores with IPO price of Rs 21.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the Kizi Apparels IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Beeline Broking Ltd. for Kizi Apparels IPO.
Kizi Apparels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kizi Apparels IPO, based in Jaipur, operates in the Textiles sector with a focus on ethnic garments and fashion wears. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Kizi Apparels IPO size is ₹ 5.58 Cr. Crores with fresh issue size of Rs 5.58 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Kizi Apparels IPO is expected to be 2nd August 2024, after the finalization of basis of allotment. Investors can check Kizi Apparels IPO allotment status on the registrars website, Bigshare Services Private Limited. Kizi Apparels IPO refund dates are 5th August 2024.
Kizi Apparels IPO is expected to be listed on 6th August 2024.
The upper price band for the Kizi Apparels IPO is set at ₹ 21.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Kizi Apparels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Kizi Apparels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st August 2024. After submission, funds are blocked until the basis of allotment of Kizi Apparels IPO is finalised.
The merchant banker for Kizi Apparels IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kizi Apparels IPO RHP for further details.
The registrar for Kizi Apparels IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kizi Apparels IPO through their official website or helpline.
Kizi Apparels IPO was subscribed 115.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 5.58 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.70 Cr.
Sector: Textiles
SME IPO so far:
76
Merchant Banker:
Interactive Financial
SME IPO by BRLM so far:
47
City:
Jaipur
SME IPO so far:
31
Revenue (annualised):
₹ 20.27 cr.
PE
Ratio:
22.74x
Average Sector PE Ratio: 19.35x
Kizi Apparels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kizi Apparels Financial Review Page
Merchant Banker(s) of Kizi Apparels IPO: Interactive Financial Services Limited
Kizi Apparels IPO subscription was 115.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Kizi Apparels IPO listed at a listing price of 24.30 against the offer price of 21.00.
The current market price of Kizi Apparels is 19.40.
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