Kizi Apparels Limited

About the company

## **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. 1. Long-term Working capital requirement. 1. General Corporate Purpose. 1. Meeting Public Issue Expenses.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Jul 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   01 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   05 Aug 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   02 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Aug 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.