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    Kizi Apparels IPO Allocation is Expected to Complete Today

    Kizi Apparels' IPO Allocation is Expected to Complete Today


    Finance Outlook India Team | Friday, 02 August 2024

    Kizi Apparels' IPO allotment is anticipated to be finalized today. Investors can use the BSE website, Bigshare Services, or the registrar to monitor the status of their allotment. Strong demand was seen for the IPO, which took place from July 30 to August 1; the retail component was subscribed 115.60 times. A proportionate number of shares will be distributed to retail individual investors (RIIs) as a result of the oversubscription in the retail category.

    On August 5, 2024, Kizi Apparels will begin the application money reimbursement process for those who do not receive an allocation. The day the refund procedure is completed, the allotted shares will be credited to the demat accounts of the investors.

    Kizi Apparels is a SME IPO, with shares expected to be offered on the BSE SME platform on August 6, 2024. Overall, the IPO was subscribed to 115 times, with offers totaling 29,13,12,000 shares against the available 2,520,000. Kizi Apparels' IPO raised ₹5.58 crore and issued 26.48 lakh new shares. The IPO price was set at ₹21 per share. Check Kizi Apparels' Initial Public Offering allotment status.

    And if you happen to apply for the Kizi Apparels IPO, you can check your allotment status on the website of the IPO registrar.

    Step 1: Use the Bigshare URL, https://ipo.bigshareonline.com/ipo_status.html to directly input your login details.

    Step 2: From the list of firms, choose "Kizi Apparels IPO."

    Step 3: Opt for "PAN Number, Beneficiary ID, or Application No./CAF No."

    Step 4: Simply press "Search."

    Furthermore, one can view Kizi Apparels’ IPO on their phone's display or on a computer monitor.

    Steps to check the IPO allotment on the BSE Website:

    Step 1: Visit the allotment page on BSE's official website:

    https://www.bseindia.com/investors/appli_check.aspx

    Step 2: Under ‘Issue Type’, select ‘Equity’

    Step 3: Choose the IPO from the drop-down option under ‘Issue Name’.

    Step 4: Enter the PAN, or application number.Step 5: Click on ‘I am not a robot’ to confirm your identity, then hit the ‘Submit’ button.

    The allotment status will be showcased on your screen.



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