IPO

Bizotic Commercial Limited IPO

BSE SME

Listed On: Jun 23, 2023 at ₹ 180.0

₹ 140000 /800 Shares

Check Allotment

Bizotic Commercial Limited IPO Details

12 Jun, 2023

Open Date

15 Jun, 2023

Close Date

20 Jun, 2023

Allotment Date

23 Jun, 2023

Listing Date

Issue Price

₹175 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

180.0

Listing Date

2023-06-23

Market Lot

800 Shares (₹140,000/-)

Lead Manager

Interactive Financial Services Ltd

Issue Size

2,412,000 shares(aggregating up to ₹42.21 Cr)

Retail Portion

N/A

Subscription

1.92 times

IPO Docs

DRHP RHP

Bizotic Commercial Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,145,6001,145,6002,412,000
Day 1 - 12-06-23 06:00 PM0.55 x0.18 x0.37 x
Day 2 - 13-06-23 06:00 PM1.71 x0.50 x1.11 x
Day 3 - 14-06-23 06:00 PM1.87 x0.82 x1.35 x
Day 4 - 15-06-23 06:00 PM2.11 x1.74 x1.92 x

Bizotic Commercial Limited Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Bizotic Commercial Limited Company Financials All values are in ₹ Lakh

31-Mar-2231-Mar-2131-Mar-20
Assets3,738.371,897.651,102.04
Revenue5,341.981,679.971,113.97
Profit After Tax59.5734.0816.34

About The Company

Bizotic Commercial Limited is engaged in the business of manufacturing, designing, and marketing readymade garments under the brand name URBAN UNITED.

The company offers a diverse range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear through retail stores and e-commerce channels.

Bizotic Commercial's manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. The company outsources the entire garments manufacturing on a job work basis from third-party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric, etc.

The company has 20 stores in different cities of Rajasthan and 1 in Bihar on ongoing business out of which, 17 stores are on a franchisee basis and 4 stores are owned by the Company, itself. The 4 owned stores are located at Jaipur, Jodhpur, Bhilwada, and Chittorgarh in Rajasthan.

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Bizotic Commercial Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Bizotic Commercial Limited IPO - Issue Objectives

  1. Setting up Retail store
  2. Repayment of loan
  3. Working capital requirement
  4. General Corporate Purpose
  5. Meeting Public Issue Expenses.

Bizotic Commercial Limited IPO - FAQs

Ans. Bizotic Commercial Limited IPO is a SME IPO. The issue is priced at ₹175 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jun 12, 2023, and closes on Jun 15, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Bizotic Commercial Limited IPO opens on Jun 12, 2023 and closes on Jun 15, 2023.

Ans. The size of Bizotic Commercial Limited IPO is 2,412,000 shares(aggregating up to ₹42.21 Cr).

Ans. The IPO price band is set between ₹175 per equity share.

Ans. To apply for Bizotic Commercial Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Bizotic Commercial Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Bizotic Commercial Limited IPO is Jun 20, 2023.

Ans. The Bizotic Commercial Limited IPO will be listed on Jun 23, 2023.

Ans. Follow the steps to check the allotment status for Bizotic Commercial Limited IPO here.