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Kizi Apparels Ltd

Registered Office: H-629 Phase II Sitapura-,Industrial Area Sanganer, Jaipur - 302022, Rajasthan, India.
Phone : +91 99830 23939   Fax:
Email :  info@kiziapparels.com  
Website :  www.kiziapparels.co.in

Initial public issue of 26,58,000 equity shares of face value of Rs. 10/- each of Kizi Apparels Limited ("KAL" or the "Company" or the "Issuer") for cash at a price of Rs. 21/- per equity share including a share premium of Rs. 11/- per equity share (the "Issue Price") aggregating to Rs. 5.58 crores ("The Issue"), of which 1,38,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 21/- per equity share including a share premium of Rs. 11/- per equity share aggregating to Rs. 0.29 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 25,20,000 equity shares of face value of Rs. 10/- each at a price of Rs. 21/- per equity share aggregating to Rs. 5.29 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 33.99% and 32.23% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 2.1 times of the face value.

Issue Money Payable On
Opens on Closes On Application Allotment
30-Jul-24 01-Aug-24 21.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 4.98 Interactive Financial Services Ltd
Project Financed through Current Offer 5.58  
Post Issue Equity Share Capital 7.82  
Issue Price 21.00  

Project

  • Repayment of unsecured loans
  • Long term working capital requirement
  • General corporate purposes

Promoted By

Abhishek Nathani

Kiran Nathani

Listing At

BSE - SME

Registrar to the Issue

No Data Available