Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Kizi Apparels IPO
Price Band
₹
Issue Size
₹5.58 Cr
Lot Size
6,000 shares
Min Investment
₹126,000
GMP
+₹5.0 (23.81%)
Issue Price
₹21.0
Subject to Sauda
₹22800
Paid only if allotted
Kizi Apparels IPO AI Summary
- Kizi Apparels IPO is listed on BSE SME in the Garments & Apparels sector.
- Subscription window: 30 Jul–01 Aug 2024, listing on 06 Aug 2024.
- Current GMP is +₹5.0 (23.81%) — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Kizi Apparels IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 01 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Kizi Apparels IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+23.81%
Est. Listing
₹26.0
Updated: 25 Jul 2026 14:04
About the Company
Incorporated in March 2023, Kizi Apparels Limited is involved in the production and trading of ready-to-wear clothing through our own showrooms, distributors, malls, and online platform. The company has launched an e-commerce platform offering premium ethnic and Western women's apparel under the brand names ANUTARRA and KIZI, respectively. The company caters to all over India through its online platform. The product portfolio of the company comprises of kurti sets, kurti, churidaar,Co-ord Sets,Semi formal Balzers, Shirts,Blouses, Tops/ Tunics, Dresses, Palazzo, skirt and dupatta. As of June 30, 2024, the company has a total of 18 permanent employees in various departments, excluding the company directors
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 13.40 | 11.35 | 7.25 |
| Total Income | 20.27 | 15.50 | 5.39 |
| Profit After Tax | 0.72 | 0.55 | 0.21 |
| NET Worth | 5.87 | 3.95 | 3.37 |
| Reserves and Surplus | 0.71 | ||
| Total Borrowing | 5.15 | 3.11 | 2.43 |
Key Ratios
EPS
₹1.40
NAV
₹11.38
ROE
15%
ROCE
14%
RoNW
12.29%
P/B Value
1.85
P/E Ratio
15.01
Market Cap
₹16.42 Cr
PAT Margin
4.00%
Debt/Equity
0.88
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Bizotic Commercial Ltd | 15 | 31.86% | 12.11 | 4.92 | 4.92 |
| Thomas Scott (india) Limited | 22.56 | 20.15% | 25.54 | 5.22 | 5.22 |
| Kizi Apparels Limited This IPO | 11.38 | 12.29% | 15 | 1.4 | 1.4 |
Promoters
Abhishek Nathani and Kiran Nathani
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment of unsecured Loans 0.30 2 Long-term Working capital requirement 3.49 3 General corporate purposes 1.20
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹5.39 Cr in the year ended 31 Mar 2022, rising to ₹15.50 Cr by 31 Mar 2023, and further increasing to ₹20.27 Cr by 31 Mar 2024.
Profit Trend
Profit after tax was ₹0.21 Cr in the year ended 31 Mar 2022, increasing to ₹0.55 Cr by 31 Mar 2023, and reaching ₹0.72 Cr by 31 Mar 2024.
Valuation
Kizi Apparels Limited has an implied P/E of 15 at the issue price, compared to peers trading at P/E ratios ranging from 12.11 to 25.54.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. A positive GMP suggests that the IPO is likely to list at a higher price than its issue price, while a negative GMP indicates the opposite. GMP is derived from unofficial trading of shares before the actual listing.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who are risk-averse or not comfortable with the uncertainties associated with new IPOs may want to avoid this offering. Additionally, those seeking stable returns may find this investment unsuitable.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when selling shares on the listing day. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock. Investing in IPOs carries risks, and it's essential to conduct thorough research before participating.
This evaluation is generated from Kizi Apparels's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Kizi Apparels IPO GMP today?
Kizi Apparels IPO GMP today is +₹5.0 (23.81%). GMP is an unofficial grey-market indicator and can change daily.
When does Kizi Apparels IPO open and close?
Kizi Apparels IPO opens on 30 July 2024 and closes on 01 August 2024.
When does Kizi Apparels IPO list on the stock exchange?
Kizi Apparels IPO listed on 06 August 2024 at ₹26.0.
What is the lot size for Kizi Apparels IPO?
The lot size for Kizi Apparels IPO is 6000 shares, requiring a minimum investment of ₹126,000.
What is the lot size for Kizi Apparels IPO?
The lot size for Kizi Apparels IPO is 6000 shares.
What is the minimum investment required?
The minimum investment required is ₹1,26,000.
What is the issue price of the Kizi Apparels IPO?
The issue price of the Kizi Apparels IPO is ₹21.0 per share.
When is the listing date for Kizi Apparels?
The listing date for Kizi Apparels is 6th August 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
30 Jul 2024
Close
01 Aug 2024
Allotment
02 Aug 2024
Listing
06 Aug 2024
Similar IPOs in Garments & Apparels
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Kizi Apparels?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.