As of July 29, 2024, Kizi Apparels IPO has a ₹0 as Grey Market Premium, with a price range of ₹21 per share. Offering lots of 6000 shares, the subscription window is open from July 30 to August 1, 2024.
Kizi Apparels Limited IPO GMP Today
The Grey Market Premium (GMP) for Kizi Apparels Limited is ₹0 as of July 29, 2024. This assessment coincides with a price of ₹21 per share for the IPO.
Kizi Apparels Limited IPO Review
Over the last three years, the company reported rising incomes of Rs. 5.39 cr, Rs. 15.50 cr, and Rs. 20.27 cr, with net profits of Rs. 0.21 cr, Rs. 0.55 cr, and Rs. 0.72 cr, respectively. Average EPS stood at Rs. 1.12, with an RoNW of 11.81%.
The issue’s pricing is aggressive at a P/BV of 1.85 and 1.43 pre and post-IPO based on NAVs of Rs. 11.38 and Rs. 14.65, respectively. With a P/E of 22.83 post-IPO, financial metrics show modest PAT margins of 0.04% across all three years and RoCE between 0.09% and 0.17%.
To get a full IPO review, click here Kizi Apparels IPO
Kizi Apparels Limited IPO Date
Kizi Apparels Limited will start accepting subscriptions from July 30, 2024, to August 1, 2024.
Kizi Apparels Limited IPO Price
Kizi Apparels Limited’s price range is ₹21 per share with a face value of ₹10 each.
Kizi Apparels Limited
Kizi Apparels Ltd. (KAL) manufactures and trades readymade garments, partnering with major brands like Arvind Lifestyle and Reliance Retail. Launching its brands, Anutarra and Kizi, KAL sells through showrooms, distributors, and online, focusing on e-commerce expansion. With 18 employees, KAL also contracts job workers, catering to both B2B and D2C markets.
How To Apply For Kizi Apparels Ltd IPO?
To apply for the Kizi Apparels IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Kizi Apparels on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Kizi Apparels IPO at Alice Blue in just a few clicks!