Bizotic Commercial Limited IPO
BSE SMEListed On: Jun 23, 2023 at ₹ 180.0
₹ 280000 /1600 Shares
*Min Investment
12 Jun, 2023
Open Date15 Jun, 2023
Close Date20 Jun, 2023
Allotment Date23 Jun, 2023
Listing DateBizotic Commercial Limited IPO Issue Details
- Issue Price ₹175 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,412,000 shares(aggregating up to ₹42.21 Cr)
- Listing at BSE SME
- List Price 180.0
- Listing Date 2023-06-23
- Lead Manager Interactive Financial Services Ltd
- Registrar Bigshare Services Pvt Ltd
Bizotic Commercial Limited IPO Details
- Retail Portion N/A
Bizotic Commercial Limited IPO Details
Bizotic Commercial Limited IPO is an SME IPO, priced at ₹175 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 12, 2023 to Jun 15, 2023. The allotment is expected to be finalized on Jun 20, 2023, and the tentative listing date is Jun 23, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Bizotic Commercial Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,145,600 | 1,145,600 | 2,412,000 |
Day 1 12-06-23 06:00 PM | 0.55 x | 0.18 x | 0.37 x |
Day 2 13-06-23 06:00 PM | 1.71 x | 0.50 x | 1.11 x |
Day 3 14-06-23 06:00 PM | 1.87 x | 0.82 x | 1.35 x |
Day 4 15-06-23 06:00 PM | 2.11 x | 1.74 x | 1.92 x |
Bizotic Commercial Limited Valuations
Bizotic Commercial Limited Company Financials
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 3,738.37 | 1,897.65 | 1,102.04 |
| Revenue | 5,341.98 | 1,679.97 | 1,113.97 |
| Profit After Tax | 59.57 | 34.08 | 16.34 |
About Bizotic Commercial Limited 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.
Bizotic Commercial Limited - Promoter(s)
Pre Issue Share Holding : %
Post Issue Share Holding : %
Bizotic Commercial Limited IPO - Issue Objectives
Setting up Retail store
Repayment of loan
Working capital requirement
General Corporate Purpose
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Bizotic Commercial Limited IPO is 2,412,000 shares(aggregating up to ₹42.21 Cr).
Ans. The Bizotic Commercial Limited IPO price band is set between ₹175 per equity share.
Ans. To apply for Bizotic Commercial Limited 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 Bizotic Commercial Limited IPO allotment status online.
