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Kizi Apparels Limited

Kizi Apparels Limited

listed
₹1.26LMin. investment

Kizi Apparels Limited IPO Details

Price range₹21.00 – ₹21.00
IPO type
SME
Lot size6000 shares
Issue size₹5.58Cr
RHP/DRHP
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Kizi Apparels Limited Timeline

  1. Bid start
    30 Jul 2024
  2. Bid end
    1 Aug 2024
  3. Allotment
    1 Aug 2024
  4. Release of funds
    5 Aug 2024
  5. Demat transfer
    2 Aug 2024
  6. Listing
    6 Aug 2024

About Kizi Apparels Limited

Incorporated in March 2023, Kizi Apparels Limited has carved out a distinctive niche in the competitive landscape of the garment industry through a strategic focus on premium quality products. The company initially identified a significant gap in the market for superior quality garments, prompting collaborations with leading brands like Arvind Lifestyle. This strategic alliance marked a pivotal moment, propelling Kizi Apparels into prominence within a short span.
Capitalizing on their manufacturing capabilities, Kizi Apparels has maintained stringent control over product costs without compromising on quality. This approach has enabled them to offer exceptional value in the market, fueling heightened demand for their brands. Expanding their horizons, they diversified into online platforms and partnered with major retailers like Reliance Retail, further amplifying their reach and market presence.
Amidst global challenges such as the Covid-19 pandemic, Kizi Apparels not only weathered the storm but also leveraged new opportunities for business expansion. By 2021, they solidified their position as regular suppliers to Reliance Retail, underscoring their reliability and scalability. Seizing on their growing momentum, the company launched their own brand, "ANUTARRA," in the women's ethnic wear segment, followed by "KIZI" for western wear, thus enhancing their visibility and brand recognition nationwide.
Kizi Apparels continues to pursue growth through strategic partnerships and expansion into distribution networks. Their commitment to quality, cost-effectiveness, and customer-centric approach ensures a robust foundation for sustained growth and innovation in the dynamic apparel industry.
Kizi Apparels Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
  1. Repayment of unsecured Loans.
  2. Long-term Working capital requirement.
  3. General Corporate Purpose.
  4. Meeting Public Issue Expenses.

Checklist

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Debt to Equity ratio
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Kizi Apparels Limited Contact Details

Company NameKizi Apparels Limited

How to apply for Kizi Apparels Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Kizi Apparels IPO FAQs