Advisory

Choose your Partner

Both partners offer free account opening and dedicated support.

Angel One

Best for active traders

₹ 0 Account Opening Open Account →

Motilal Oswal

Best for long-term wealth

₹ 0 Account Opening Open Account →

IPO Details

IPO Date [.]
Listing Date [.]
Face Value ₹10 per share
Price Band
Sale Type Fresh capital cum OFS
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Fresh Issue [.] shares
(agg. up to ₹500 Cr)
Offer for Sale 15,00,000 shares of ₹10
(agg. up to ₹[.] Cr)
Share Holding Pre Issue 3,03,00,000 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Thu, Oct 1, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not less than 15% of the Net Offer

About Kian-M Export Ltd.

Incorporated in 2020, Kian-M Export Limited is enagaged in the manufacture of finished textiles by converting raw, unfinished fabric through a multi-step wet and dry processing sequence dyeing/printing and finishing. The company manufacture a range of sarees on both a white label basis and under their brand Revelo and fabrics primarily for use in manufacturing three diverse styles of apparel (i) kitenge and kanga (ii) modern apparel, such as shirts and pants, and (iii) other South Asian ethnic and traditional dresses and suits fabrics.

 

The company manufactures operations are undertaken at the two manufacturing facilities located in Rajkot, Gujarat, India. The manufacturing operations, including preparatory, dyeing and printing, use modern dyeing, digital printing, rotary printing and sublimation printing machinery.

The company have an in-house design team, which comprised 9 employees as at July 31, 2026, that is involved in identifying and addressing gaps in the product range, creating product prototypes, and working closely with the marketing, sales, and manufacturing teams to validate product designs.

Competitive Strengths:

  • They have a diversified range of textiles across multiple end-use segments, each of which has independent growth drivers, and a decreasing concentration of revenue from sales from a single product segment.
  • Track record of delivering high-quality products, which has enabled to retain customers and grow their customer base.
  • They use modern machinery, which reduces labour costs, wastage and environmental impact, and use environmentally sustainable materials and manufacturing methods
  • Established standard operating procedures that help to ensure product consistency, operational efficiency and worker safety across stages of production.
  • Their in-house design team enables product ideation in a swift and cost efficient manner and supports the development of new product ranges.
  • Experienced Promoters supported by a professional management team.

Company Financials (Restated Consolidated)

Kian-M Export Ltd.’s revenue increased by 15% and profit after tax (PAT) rose by 85% between the financial year ending with March 31, 2026 and March 31, 2025.  (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 352.78 251.28 238.56
Total Income 395.20 344.13 248.04
Profit After Tax 42.19 22.78 8.81
EBITDA 67.97 47.40 24.19
NET Worth 53.31 20.94 44.74
Reserves and Surplus 51.79 19.42 43.24
Total Borrowing 143.46 134.62 100.24

Recently Listed IPOs in Garments & Apparels

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Qualiance International Ltd. SME ₹45.11 Cr ₹127 10.59 ₹236.10 +85.91% ₹179.50
Madhur Knit Crafts Ltd. SME ₹53.27 Cr ₹100 12.41 ₹95.00 -5.00% ₹56.85
Shree Balaji (Mala) Textiles Ltd. SME ₹18.90 Cr ₹70 8.62 ₹126.35 +80.50% ₹49.99

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding capital expenditure for purchase of machinery and equipment for the Company
    70.80
  • 2 Investment in the Material Subsidiary, UCL, for capital expenditure for purchase of machinery and equipment
    36.79
  • 3 Funding the working capital requirements of the Company
    150.00
  • 4 Payment of consideration for the acquisition of 35.29% equity share capital in Ultra Denim Limited
    155.40
  • 5 General corporate purposes
  • Total
    412.99

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 113.66%
ROCE 43.35%
RoNW 113.66%
PAT Margin 10.68%
EBITDA Margin 14.56%
NAV 17.59

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 99.99%
Public 0.01%
Total 100%

Company Promoters: Rajeshbhai Parshotam Malaviya, Ushaben Rajeshbhai Malaviya,, Darsh Rajeshbhai Malaviya and Parth Rajeshbhai Malaviya.

Offer For Sale – Selling Shareholder

Name Category No. of Shares Offered
Rajeshbhai Parshotam Malaviya Promoter 15,00,000
Total 15,00,000

IPO Registrar

MUFG Intime India Pvt.Ltd.

IPO Lead Manager(s)

  1. Mirae Asset Capital Markets (India) Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Kian-M Export Ltd. Address
S.No. 208/P2, Sub Plot No.1A,
Bedi, Near Avadh Green Party Plot,
Morbi Road
Rajkot, Gujarat, 360003

IPO FAQs

Kian-M Export IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Kian-M Export IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Kian-M Export IPO using UPI as a payment gateway. Angel Onecustomers can apply in Kian-M Export IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Kian-M Export IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Kian-M Export IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Kian-M Export IPO dates are not announced. Please check back again after some time.

Kian-M Export IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Kian-M Export IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Kian-M Export IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Kian-M Export IPO allotment status.

The Kian-M Export IPO listing date is not yet announced. The tentative date of listing is .

Stock Broker Reviews India

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

★ 2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.