Kizi Apparels IPO

Kizi Apparels Limited's IPO offers 26.58 lakh shares worth INR 5.58 crores to repay unsecured loans, meet long-term working capital needs, and fund corporate purposes.

Important Details

Open Date : July 30, 2024 Close Date : August 1, 2024 Allotment Date: August 2, 2024 Listing Date: August 6, 2024

Important Details

IPO Price: INR 21 per share Lot Size: 6000 Shares Total Issue Size: INR 5.58 crores

Fundamental Analysis

Kizi Apparels IPO analysis shows mixed performance: 1. Significant revenue growth. 2. Improved profitability and EPS. 3. Rising debt-equity ratio, Declining current ratio. 4. Potential liquidity challenges and reliance on debt.

Peer Comparison

1. Kizi Apparels: Varied metrics with significant revenue growth. 2. Thomas Scott (India): Diverse financial metrics and market position. 3. Bizotic Commercial: Different revenue and profitability. 4. Nandani: Requires more data for comparison.

Objective

Kizi Apparels Ltd Objective: 1. Repay unsecured loans. 2. Address long-term working capital needs. 3. Ensure financial stability and operational efficiency

Risks And Challenges

Kizi Apparels Ltd Risks: 1. Lease non-renewal could lead to relocation. 2. Limited history affecting forecasts. 3. Dependence on key customers and suppliers. 4. Disruptions could impact revenues and operations.