Kizi Apparels SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Kizi Apparels IPO. Explore Kizi Apparels IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Kizi Apparels Limited is a apparel company based in Jaipur, Rajasthan. Kizi Apparels specializes in the manufacturing and trading of high-quality readymade garments, catering to a diverse clientele through its showrooms, distributors, malls, and online platforms. Founded by Mr. Abhishek Nathani, who has extensive experience in garment designing, manufacturing, and trading, the company acquired the business of his proprietorship, M/s Aaika Creations, to expand its operations. The company is known for its premium women's ethnic and western wear brands, Anutarra and Kizi, respectively.
Key Points:
- Diverse Product Range:
- Specializes in women's ethnic and western wear under the brands Anutarra and Kizi.
- Offers a variety of garments including kurta sets, ethnic tops, gowns, and dresses.
- Strategic Partnerships:
- Collaborated with major brands like Arvind Lifestyle Brand Limited and Reliance Retail.
- Regular supplier to Reliance Retail and partner of Fab India Limited and Absolute Brands and Retails Private Limited.
- Manufacturing:
- Owns manufacturing units, enabling cost control and quality assurance.
- Strategic tie-ups with certified mills for raw materials, ensuring cost-effective production.
- Business Model:
- Operates across five core sectors: B2B (White Label and Own Brand), Job Work (Cut to Pack), Value Addition to Semi-Finished Goods, and Direct-to-Consumer (D2C).
- Customizes products based on buyer specifications and sells under its own brand through various channels.
Objects of the Issue
- Repayment of unsecured Loans
- Long-term Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 Jul - 01 Aug 2024 |
| IPO Price Band | ₹ 21 per share |
| Fresh Issue | 26,58,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 5.58 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 Jul 2024 |
| IPO Closing Date | 01 Aug 2024 |
| Basis Of Allotment | 02 Aug 2024 |
| Refunds | 05 Aug 2024 |
| Demat Transfer | 05 Aug 2024 |
| IPO Listing Date | 06 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| Total Income | 5.39 | 15.50 | 20.27 |
| Total Expenses | 5.13 | 14.74 | 19.32 |
| Net Profit/Loss | 0.21 | 0.55 | 0.72 |
| NPM (*) | 3.83 | 3.55 | 3.56 |
| Total Assets | 7.25 | 11.35 | 13.40 |
| Total Liabilities | 3.88 | 7.40 | 7.53 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| EPS | 0.40 | 1.07 | 1.40 |
| ROE (%) | 6 | 15 | 15 |
| ROCE (%) | 9 | 17 | 14 |
| RoNW (%) | 6.13 | 13.92 | 12.29 |
| D/E Ratio | 0.72 | 0.79 | 0.88 |
| Current Ratio | 1.61 | 1.64 | 2.21 |
| EBITDA MARGIN (%) | 2.46 | 7.47 | 7.96 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Total Income | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Kizi Apparels Limited | 20.27 | 15.0 | 1.40 | 12.29 | 11.38 |
| Thomas Scott (India) Limited | 62.82 | 25.54 | 5.22 | 20.15 | 22.56 |
| Bizotic Commercial Limited | 65.57 | 12.11 | 4.92 | 31.86 | 15.0 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 89.58 |
| Retail Individual Investor (RII) | 139.62 |
| Total | 115.6 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Abhishek Nathani
- Kiran Nathani
Lead Managers
- INTERACTIVE FINANCIAL SERVICES LIMITED
Company Address
Kizi Apparels Limited
H-629, Phase- II, Sitapura Industrial Area, Sanganer, Jaipur, 302022, Rajasthan, India.
Phone: +91 99830 23939
Email: info@kiziapparels.com
Website: www.kiziapparels.co.in
FAQs
- What is the issue size of the Kizi Apparels SME IPO?The Kizi Apparels SME IPO has an issue size of ₹ 5.58 crore. This includes a fresh issue of 26,58,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Kizi Apparels IPO?The price band for the Kizi Apparels IPO is ₹ 21 per share.
- What are the bidding dates for the Kizi Apparels IPO?The Kizi Apparels IPO will open for bidding on 30 Jul 2024 and close on 01 Aug 2024.
- What is the allotment date for the Kizi Apparels IPO?The allotment date for the Kizi Apparels IPO is 02 Aug 2024.
- What is the listing date for the Kizi Apparels IPO?The listing date for the Kizi Apparels IPO is 06 Aug 2024.
- What is the Kizi Apparels IPO grey market premium?The grey market premium (GMP) for the Kizi Apparels IPO is currently at ₹5, with an expected listing gain of approximately 23.81%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.