Bizotic Commercial IPO Details ( Bizotic Commercial Limited IPO Review )
(12 Jun 2023 – 15 Jun 2023)
Bizotic Commercial Limited, established in 2016, is actively involved in the production, design, and promotion of ready-to-wear clothing. Operating under the renowned brand URBAN UNITED, the company specializes in manufacturing and marketing a wide range of garments.
The company provides an extensive selection of men’s attire, encompassing Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear, available both in retail stores and through e-commerce platforms.
The manufacturing process at Bizotic Commercial encompasses various stages, including cutting, stitching, sewing, finishing, inspection, and packing. To fulfill its garment production needs, the company occasionally relies on third-party contractors through job work agreements. Bizotic Commercial provides these contractors with detailed technical specifications, including designs, patterns, quality requirements, fabric choices, and more.
The company operates a total of 21 stores in various cities across Rajasthan and Bihar. Out of these, 17 stores operate under a franchisee model, while the company directly owns and operates 4 stores. These owned stores are situated in Jaipur, Jodhpur, Bhilwara, and Chittorgarh, all located in Rajasthan.
Bizotic Commercial Limited Company Product
At present, our Company is primarily involved in designing, branding and retailing men’s apparels under the brand ‘URBAN UNITED’. Our product line consists of:
- Casual Wear
- Formal Wear
- Club Wear
- Comfort Wear
- Winter Wear
- Ethnic Wear
- Party Wear
- Fit Wear
- Sports Wear
- Accessories
Bizotic Commercial Limited IPO Competitive Strength
- Designing Capabilities
- Experienced management Team
- Established Marketing Setup and Diversified Customer Base
- Distribution Network
- Quality Product
- Success through Franchising
Bizotic Commercial IPO Financials Performance ( Results )
Bizotic Commercial Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-20 | 1,102.04 | 1,113.97 | 16.34 | 0.30 | 29.52 | 28.52 | – |
| 31-Mar-21 | 1,897.65 | 1,679.97 | 34.08 | 0.63 | 63.60 | 62.60 | – |
| 31-Mar-22 | 3,738.37 | 5,341.98 | 59.57 | 1.11 | 123.17 | 122.17 | 256.48 |
Objective of IPO Issue
- Setting up Retail store
- Repayment of loan
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses
Bizotic Commercial IPO Basic Details
| IPO Date | Jun 12, 2023 to Jun 15, 2023 |
| Listing Date | Friday, June 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹175 per share |
| Lot Size | 800 Shares |
| Issue Size | 2,412,000 shares (aggregating up to ₹42.21 Cr) |
| Fresh Issue | 2,412,000 shares (aggregating up to ₹42.21 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Sanjay Gupta And Sangita Aggarwala |
Bizotic Commercial IPO Reservation
| NII Shares Offered | Not less than 50.00% of the Offer |
| Retail Shares Offered | Not less than 50.00% of the Offer |
Bizotic Commercial IPO Timetable
Bizotic Commercial IPO will open on June 12, 2023 and close on June 15, 2023. You can join Bizotic Commercial IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 12 June 2023 (Monday) |
| Closing Date | 15 June 2023 (Thursday) |
| Basis of Allotment | 20 June 2023 (Tuesday) |
| Initiation of Refunds | 21 June 2023 (Wednesday) |
| Credit of Shares to Demat | 22 June 2023 (Thursday) |
| Listing Date | 23 June 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 15 June 2023 |
Bizotic Commercial IPO Lot Size
For retail investors in Bizotic Commercial IPO, 800 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹140,000 |
| Retail (Max) | 1 | 800 | ₹140,000 |
| S-HNI (Min) | 2 | 1600 | ₹280,000 |
Bizotic Commercial IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 69.99% |
Bizotic Commercial IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹1.11 per Equity Share |
| Price/Earning P/E Ratio | 157.66 |
| Return on Net Worth (RoNW) | 48.36% |
| Net Asset Value (NAV) | ₹2.29 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Bizotic Commercial Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 140.70 |
| P/E (x) | 157.66 |
| ROE (%) | 0.64 |
| ROCE (%) | 0.22 |
| Debt/Equity | 2.08 |
Bizotic Commercial Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | P/BV Ratio |
| Bizotic Commercial Limited | Consolidated | 175 | 10.00 | 1.11 | 157.66 | 48.36 | 2.29 | – |
| Peer Group | ||||||||
| Trent Limited | Consolidated | 1350.50 | 1.00 | 7.02 | 192.33 | 9.27 | 765.13 | 21.9 |
| Bella Casa Fashion and Retail Limited | Consolidated | 113.00 | 10.00 | 9.79 | 11.54 | 16.30 | 60.69 | 1.93 |
| Loernzini Apparels Limited | Consolidated | 78.10 | 10.00 | 0.53 | 147.29 | 4.40 | 12.18 | – |
Bizotic Commercial IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 June 2023 | ₹2 | – | – |
| 25 June 2023 | ₹2 | – | – |
| 24 June 2023 | ₹2 | – | – |
| 23 June 2023 | ₹2 | – | – |
| 22 June 2023 | ₹2 | – | – |
| 21 June 2023 | ₹2 | – | – |
| 20 June 2023 | ₹2 | – | – |
| 19 June 2023 | ₹2 | – | – |
| 18 June 2023 | ₹2 | – | – |
| 17 June 2023 | ₹3 | – | – |
| 16 June 2023 | ₹1 | – | – |
| 15 June 2023 | ₹1 | – | – |
| 14 June 2023 | ₹1 | – | – |
| 13 June 2023 | ₹2 | – | – |
| 12 June 2023 | ₹0 | – | – |
| 11 June 2023 | ₹0 | – | – |
| 10 June 2023 | ₹0 | – | – |
Bizotic Commercial IPO Detail Video:
Bizotic Commercial IPO Subscription Status (Bidding Detail)
The Bizotic Commercial IPO on June 15, 2023 at 7:30:00 PM was subscribed 1.87 times, with the retail category being subscribed 1.74 times, the NII (Non-Institutional Investor) category being subscribed 2.00 times.
| Category | Subscription |
| NII | 2.00x |
| Retail | 1.74x |
| Total | 1.87x |
Bizotic Commercial IPO Prospectus
Bizotic Commercial IPO Rating
| Our Rating | 2.5/5.0 |
Bizotic Commercial Company Contact Information
Bizotic Commercial Limited
Registered office: 8, Samet Business Park, Nr. Khokra Circle, Khokra,
Ahmedabad-380008, Gujarat, India
Tel No.: +91 79849 71501
Website: www.urbanunited.in
E-Mail: bizoticcommercialindia@gmail.com
Contact Person: Shivani Vyas, Company Secretary and Compliance Officer
Promoter Of The Company: Sanjay Gupta And Sangita Aggarwala
Bizotic Commercial IPO Registrar
Bigshare Services Private Limited
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next
to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –
400093
Tel No: +91 22-62638200
Fax No: +91 22-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Sagar Pathare
SEBI Reg. No.: INR000001385
Bizotic Commercial IPO Lead Manager
Interactive Financial Services Limited
Address: 612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas
Marg, Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Tel No.: 079 46019796
(M): +91-9898055647
Website: www.ifinservices.in
Email: mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Pradip Sandhir
SEBI Reg. No.: INM000012856
Bizotic Commercial IPO FAQs
What is the lot size of Bizotic Commercial IPO?
The total size of Bizotic Commercial IPO is ₹42.21 crores and this is a complete fresh Issue.
When will Bizotic Commercial IPO start?
Bizotic Commercial IPO will Open from 12 June 2023 and IPO will Close on 15 June 2023.
What is the open date of Bizotic Commercial IPO?
Bizotic Commercial IPO will open date from 12 June 2023.
What is the last date ( close date ) of Bizotic Commercial IPO?
Bizotic Commercial IPO will close from 15 June 2023.
What is the price band of Bizotic Commercial IPO?
Bizotic Commercial IPO price band is ₹175.
What is the minimum amount required to apply for Bizotic Commercial IPO?
The minimum investment for retailers to apply for Bizotic Commercial IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Bizotic Commercial IPO?
View gray market premium of Bizotic Commercial IPO by Clicking Here
How much is the GMP of Bizotic Commercial IPO?
Watch Bizotic Commercial IPO GMP Today: Click Here
What is the allotment date of Bizotic Commercial IPO?
The allotment date of Bizotic Commercial IPO is 20 June 2023.
How to check allotment status in Bizotic Commercial IPO?
To check the allotment status of Bizotic Commercial IPO, first of all go to the registrar website by clicking here, select your bad Bizotic Commercial IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Bizotic Commercial IPO?
The Listing Date of Bizotic Commercial IPO is 23 June 2023.
How much will be the listing gain in Bizotic Commercial IPO?
View listing gain of Bizotic Commercial IPO by Clicking Here
How much time Bizotic Commercial IPO is subscribed?
Total 1.87 times subscribed in Bizotic Commercial IPO out of which 1.74 times subscription was done in retail quota, 2.00 times subscription in NII quota.
How to apply for Bizotic Commercial IPO from Upstox?
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How to apply for Bizotic Commercial IPO from Zerodha?
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How to apply for Bizotic Commercial IPO from Angle One?
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