Kizi Apparels Ltd IPO

Quality.

Innovation.

Integrity.

Empowerment.

Partnership.

Factual inaccuracy and irregularly in filling RoC Form PAS-3 for the allotment dated June 03, 2023.

Its registered office and Factory premises are on lease basis.

The company has very short operating history as company.

There are outstanding litigations by and against the Company which if determined against it, couldadversely impact financial conditions.

The Company has acquired the ongoing business of M/s. Aaika Creations, a Proprietorship Concernthrough Business Transfer agreement.

If the company may unable to maintain and enhance its brand, the sales of its products may suffer which would have a material adverse effect on its business operations.

The company has experienced negative cash flows in previous years / periods. Any operating losses or negative cash flows in the future could adversely affect its results of operations, liquidity and financial condition.

If the Company is unable to continue being creative in its designs or if the company is unable to keep up to the changing fashion trends, its sales could be affected.

The company is dependent on third party transportation service providers for delivery of raw materials from suppliers to it and delivery of readymade garments to its customers and business associates. Any failure on part of such transport service providers to meet their obligations could have a material adverse effect on its business, financial condition and results of operation.

The company is subject to risks associated with rejection of its products consequential to defects, which could generate adverse publicity or adversely affect its business, results of operations or financial condition.