Fixed Price - SME
₹ 5.58 cr
₹ 21
6000
₹ 1,26,000.00
BSE - SME
30-Jul-2024
01-Aug-2024
06-Aug-2024
The Shares of Kizi Apparels Ltd have now been listed.
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.
Repayment of unsecured loans. Long term working capital requirement. General corporate purposes.
Kizi Apparels Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093
Phone - 91-22-62638200
Fax - 91-22-63638299
Email - info@kiziapparels.com
Website - www.kiziapparels.co.in