Kizi Apparels Limited IPO GMP

KIZI Apparels is a haven for the modern and empowered woman seeking the epitome of stylish and diverse fashion! Kizi is engaged in manufacturing and trading of readymade garments through their own Showrooms, distributors and malls and online platform.

Kizi Apparels, a Fixed Price Issue amounting to ₹5.58 crores, consisting entirely a Fresh Issue of 26.58 Lakh Shares. The subscription period for the Kizi Apparels IPO opens on July 30, 2024, and closes on August 01, 2024. The allotment is expected to be finalized on or about Friday, August 02, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, August 06, 2024.

The Share price of Kizi Apparels IPO is set at ₹21 equity per share, with a minimum lot size of 6,000 shares. Retail investors are required to invest a minimum of ₹126,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (12,000 shares), amounting to ₹252,000.

INTERACTIVE FINANCIAL SERVICES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Beeline Broking Limited is the Market Maker for the Kizi Apparels IPO.

Kizi Apparels Limited IPO GMP Today
The Grey Market Premium of Kizi Apparels Limited IPO is expected in the range of ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Kizi Apparels Limited IPO Allotment Status
Kizi Apparels IPO allotment date is 02 August, 2024, Friday. Kizi Apparels IPO Allotment will be out on 2nd August 2024 and will be live on Registrar Website from the allotment date. Check Kizi Apparels Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Kizi Apparels Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Kizi Apparels Limited IPO
Kizi Apparels Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹29.50 Lakhs is required for Repayment of unsecured Loans 
2. ₹348.68 Lakhs is required for Long-term Working capital
3. ₹120.00 Lakhs is required for General Corporate Purpose, 
4. Meeting Public Issue Expenses.

Refer to Kizi Apparels Limited RHP for more details about the Company.