Bizotic Commercial IPO description – Incorporated in 2016, Bizotic Commercial 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 the channels of retail stores and e-commerce.
The company’s garment manufacturing process includes cutting, stitching, sewing, finishing, inspection, and packing. It outsources the entire garment 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.
As on March 2023, Bizotic Commercial has 20 stores in different cities of Rajasthan and 1 in Bihar out of which, 17 stores are on a franchisee basis and 4 stores are owned by the company, itself. It owned 4 stores located at Jaipur, Jodhpur, Bhilwara, and Chittorgarh in Rajasthan.
Promoters of Bizotic Commercial – Sanjay Gupta, and Sangita Aggarwala
Table of Contents
Bizotic Commercial IPO Details
| Bizotic Commercial IPO Dates | 12 – 15 Jun 2023 |
| Bizotic Commercial IPO Price | INR 175 per share |
| Fresh issue | 24,12,000 shares (INR 42.21 crore) |
| Offer For Sale | NIL |
| Total IPO size | 24,12,000 shares (INR 42.21 crore) |
| Minimum bid (lot size) | 800 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Bizotic Commercial Financial Performance
| FY 2020 | FY 2021 | FY 2022 | 9M FY 2023 | |
| Revenue | 1,113.64 | 1,679.95 | 5,341.39 | 3,748.26 |
| Expenses | 1,091.37 | 1,632.38 | 5,261.35 | 3,344.78 |
| Net income | 16.34 | 34.08 | 59.57 | 290.28 |
Bizotic Commercial Offer News
- Bizotic Commercial RHP
- Bizotic Commercial Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Bizotic Commercial Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.30 | 0.63 | 1.11 |
| PE ratio | – | – | 157.66 |
| RONW (%) | 55.34 | 53.59 | 48.36 |
| NAV | 0.55 | 1.18 | 2.29 |
| ROCE (%) | 24.0 | 38.0 | 22.0 |
| EBITDA (%) | 2.80 | 4.08 | 1.72 |
| Debt/Equity | 2.59 | 1.33 | 2.08 |
Bizotic Commercial IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 22 June 2023 | 3 | 1,200 | – |
| 21 June 2023 | 3 | 1,200 | – |
| 20 June 2023 | 3 | 1,200 | – |
| 17 June 2023 | 3 | 1,200 | – |
| 16 June 2023 | 3 | 1,200 | – |
| 15 June 2023 | 5 | 1,500 | – |
| 13 June 2023 | 5 | 1,500 | – |
Bizotic Commercial IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,145,600 | 1,145,600 | 2,291,200 |
| 15 Jun 2023 | 2.11 | 1.74 | 1.92 |
| 14 Jun 2023 | 1.87 | 0.83 | 1.35 |
| 13 Jun 2023 | 1.82 | 0.50 | 1.16 |
| 12 Jun 2023 | 0.65 | 0.18 | 0.42 |
Bizotic Commercial Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights,
Kokilaben Vyas Marg, Ellisbridge,
Ahmedabad – 380 009, Gujarat, India
Phone: 079 46019796
Email: [email protected]
Website: www.ifinservices.in
Bizotic Commercial Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Bizotic Commercial IPO Contact Details
BIZOTIC COMMERCIAL LIMITED
8, Samet Business Park, Nr. Khokra Circle,
Khokra, Ahmedabad-380008, Gujarat, India
Phone: +91 79849 71501
E-mail: [email protected]
Website: www.urbanunited.in
Bizotic IPO Allotment Status
Bizotic Commercial IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Bizotic Commercial IPO Dates & Listing Performance
| IPO Opening Date | 12 June 2023 |
| IPO Closing Date | 15 June 2023 |
| Finalization of Basis of Allotment | 20 June 2023 |
| Initiation of refunds | 21 June 2023 |
| Transfer of shares to demat accounts | 22 June 2023 |
| IPO Listing Date | 23 June 2023 |
| Opening Price on BSE SME | INR 180 per share (up 2.86%) |
| Closing Price on BSE SME | INR 171 per share (down 2.89%) |
IPO FAQs
What is the Bizotic Commercial offer size?
Bizotic Commercial’s offer size is INR 42.21 crores.
What is the Bizotic Commercial offer price band?
Bizotic Commercial’s public offer price is INR 175 per share.
What is the lot size of the Bizotic Commercial IPO?
Bizotic Commercial’s offer lot size is 800 shares.
What is Bizotic IPO GMP today?
Bizotic Commercial IPO GMP today is INR 3 per share.
What is the Bizotic kostak rate today?
Bizotic Commercial kostak rate today is INR 1,200 per application.
What is Bizotic Subject to Sauda rate today?
Bizotic Commercial Subject to Sauda rate today is INR NA per application.
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