IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

To be announced

Investor category and sub category

Retail Individual Investors  |   Non-Institutional Investors  |   Qualified Institutional Buyers (QIB)   |  

About Kizi Apparels Limited

Kizi Apparels Limited was incorporated on March 24, 2023, as Kizi Apparels Private Limited. The company started as M/s. Aaika Creations. It was established to bring a change in the manufacturing sector in terms of meeting the end-to-end requirements of the customers by improving the overall quality parameters.

In 2019, they started supplying to Arvind Lifestyle Brand Limited. Later, they launched their own brand, Anutaara, in the women’s ethnic wear segment. The company’s products were listed on the available E-commerce platforms in the FY 2019-20. Due to our manufacturing unit, they were able to control the product cost, and as a result, they could provide the best quality products at a very affordable price in the market. In 2020, the company collaborated with Reliance Retail and became a regular manufacturer of Reliance Retail.

In 2021, the company launched its women's western wear brand called KIZI. In 2022, they entered the wholesale and distribution network with their brands. The company has partnered with certified mills in Tamil Nadu, Maharashtra and Gujarat for Fabric.

Their operations revolve around five key sectors: In the B2B (White Label) domain, they specialise in producing tailored goods based on buyer specifications, creating garments aligned with unique designs and quality standards. These garments are subsequently labelled with the customer's brand and efficiently distributed to designated locations. Within B2B (Our Own Brand), they supply products under their proprietary brand to traders and wholesalers, providing a range of designs curated by the clients themselves. Engaging in Job Work (Cut to Pack), they adeptly manufacture garments using buyer-supplied fabric, adhering to specified designs and branding requirements.

Additionally, they add value to semi-finished goods by incorporating processes such as manual embroidery, handwork, and buttoning, ultimately selling these enhanced products to traders and wholesalers under their own brand. Embracing Direct-to-Consumer (D2C), their recently launched e-commerce platform showcases premium ethnic and western women's apparel under the Anutaara and KIZI brands, respectively.

The textile and apparel industry in India is one of the largest markets in the world. The E-commerce industry in India is expected to overtake the US and become the second-largest e-commerce market in the world by 2034. By 2025, the e-commerce sector in India is anticipated to achieve US$ 111.40 billion from US$ 46.20 billion in 2020, growing at a 19.24% CAGR. This outlook can be a positive opportunity for Kizi Apparels Limited.

Kizi Apparels Limited IPO Details

Kizi Apparels Limited IPO Date

Kizi Apparels Limited’s IPO dates are not yet announced.

Kizi Apparels Limited IPO Price Band

Kizi Apparels Limited is a fresh IPO of ₹664.50 lakh. The price of the IPO is ₹25 per share.

Kizi Apparels Limited IPO Lot Size

Kizi Apparels Limited’s IPO lot size is 6,000 shares.

Kizi Apparels Limited IPO Objectives

The objectives of Kizi Apparels Limited's IPO are listed below:

  • To repay unsecured loans.
  • To meet public issue expenses.
  • For long-term working capital requirements.
  • For general corporate purposes.

Peer Details

As per DRHP, the listed peers whose business portfolio is comparable to the company are as follows:

  • Thomas Scott (India) Limited
  • Bizotic Commercial Limited
  • Nandani

How To Check the Kizi Apparels Limited Allotment Status?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app.
  • Go to the IPO Section and then to IPO Orders.
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.
Open a demat account with Angel One to apply for the Kizi Apparels Limited IPO.

Contact Details of Kizi Apparels Limited IPO

  • Registered office: H-629, Phase- II, Sitapura Industrial Area, Sanganer, Jaipur, 302022, Rajasthan, India.
  • Phone: +91 99830 23939
  • E-mail: info@kiziapparels.com

IPO Financials

Particulars Year ending on June 30, 2023 (₹ lakh) Year ending on March 31, 2022 (₹ lakh)
Revenue from Operations 470.21 0
Profit After Tax (PAT) 20.63 0
Net Worth 536.75 1.00
Total Borrowings 324.63 0
EPS (in ₹) 0.40 0

Know before investing


  1. The company sells its products through e-commerce platforms where their products are available across the country.

  2. The company is primarily into the development, manufacture and trading of women’s wear and further, they are planning to continue to be focused on women’s wear and to add kids' wear.


  1. The company’s operating history is less, which makes it difficult to assess the future prospects and historical growth rates or results of operations of the company.

  2. The company’s top ten product buyers and top ten raw materials suppliers contribute to the most revenue. The company does not have long-term agreements with the customer or supplier. Losing them could adversely impact the operations and revenue.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Kizi Apparels Limited IPO FAQs

What is Kizi Apparels Limited's IPO?

The Kizi Apparels Ltd IPO contains a fresh IPO of ₹664.50 lakh. The price of the IPO is ₹25 per share. The IPO opening date is yet to be announced.

When will Kizi Apparels Limited's IPO be allotted?

To be announced.

When will Kizi Apparels Limited's IPO open for subscription?

To be announced.

What minimum lot size can retail investors subscribe to?

The lot size is 6,000 shares, while the minimum lot is not yet announced.

When will Kizi Apparels Limited list on exchanges?

To be announced.

How do I check the allotment status of the Kizi Apparels Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the IPO Section and then to IPO Orders
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.

What would be the listing gains on the Kizi Apparels Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is to be announced, for Kizi Apparels Ltd.

I have finished the application process for the Kizi Apparels Limited IPO, but the funds still need to be debited. What is the reason?

The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Kizi Apparels Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Kizi Apparels Limited using one PAN?

You can submit only one application using your PAN card.