Bizotic Commercial IPO GMP, Review, Price, Allotment

Last updated on June 23, 2023

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

---

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