Kizi Apparels IPO

Kizi Apparels Ltd

₹1,26,000 /6000 sharesMinimum Investment

Kizi Apparels IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹21.00₹23.15₹2.15 (10.24%)

Kizi Apparels IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Jul ‘24 - 1 Aug ‘24₹1,26,0006,000₹21 - ₹21
Issue SizeIPO Doc
5.58Cr
RHP PDF

About Kizi Apparels

Kizi Apparels is a manufacturer and trader of readymade garments. The company distributes its products through its own showrooms, distributors, malls, and an online platform. Kizi Apparels started off in FY20 by listing its products on multiple e-commerce platforms. Later, the company expanded its operations in collaboration with Reliance Retail, becoming one of its regular manufacturers. In 2021, the company launched its own women's western wear brand named “Kizi” alongside “Anutarra,” an ethnic wear collection. Both brands are actively promoted. The company’s clients based in Jaipur purchase these garments in bulk to sell through local shops. Additionally, Kizi Apparels leverages its website to directly sell its full range of products.;
Founded in
2023
Managing director
Mr. Abhishek Nathani
Parent organisation
Kizi Apparels Ltd

Strengths & Financials of Kizi Apparels

Strengths
Risks
Kizi Apparels has recorded consistent rise in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 4.99 crore in FY22 to Rs 15.48 crore in FY23, and further to Rs 20.26 crore in FY24, while PAT moved up from Rs 0.21 crore in FY22 to Rs 0.55 crore in FY23 and Rs 0.72 crore in FY24.
Kizi Apparels has a vendor agreement with Fab India Limited, New Delhi. This agreement focuses on the job-work manufacturing of branded products under the ‘Fab India’ label, giving a further diversification touch to Kizi Apparels' business operations.
Kizi Apparels claims to have established cost-control measures through strategic partnerships with major suppliers of raw materials essential for the manufacture of their products. The company secures fabric from certified mills in Gujarat, Maharashtra, and Tamil Nadu, ensuring a reliable and high-quality supply chain.

Kizi Apparels Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Kizi Apparels IPO

Apply asPrice bandApply upto
Regular21 - 21₹2 Lakh
High Networth Individual21 - 21₹2 - 5 Lakh
For Kizi Apparels IPO, eligible investors can apply as Regular.
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