Kizi Apparels Ltd. has announced public offering of 2658000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 11.00 per share. The gross proceeds of the issue are expected to be Rs 558.18 lakhs.

The company's initial public offer (IPO) will open on 30 July 2024 and is expected to close on 01 August 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 2658000 Equity Shares of the Company at an price of Rs 21.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6000 shares with bids in multiples of 6000.

Kizi Apparels Ltd. anticipates using the proceeds of the issue for .

Interactive Financial Services Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.