Bizotic Commercial Limited, founded in 2016, is a prominent player in the readymade garment industry, specializing in the manufacturing, designing, and marketing of a diverse range of men’s apparel under the brand name URBAN UNITED.
The company offers a wide selection of men’s clothing, including Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear, catering to various fashion preferences. These fashionable garments are made available to customers through both physical retail stores and e-commerce channels.
Bizotic Commercial follows a comprehensive manufacturing process that involves cutting, stitching, sewing, finishing, inspection, and packing. While the company maintains strict control over the technical specifications, such as designs, patterns, quality standards, and fabric choices, it outsources the actual garment manufacturing on a job work basis to third-party contractors from time to time.
With a well-established presence, Bizotic Commercial operates a total of 21 stores, out of which 20 are located in different cities of Rajasthan and 1 in Bihar. Among these stores, 17 operate on a franchisee basis, and the company directly owns and manages 4 stores located in Rajasthan’s key cities, namely Jaipur, Jodhpur, Bhilwada, and Chittorgarh.
The company’s focus on quality, style, and customer satisfaction has contributed to its success in the competitive garment industry. By offering a wide range of trendy men’s wear options and leveraging both physical and online retail platforms, Bizotic Commercial continues to build a strong and reliable brand presence in the market.
Bizotic Commercial Limited Stock Quote #
- Open: ₹61.25
- High – Low: ₹63.00 – ₹61.25
- Previous Close: ₹64.45
- Total Traded Value: 7,22,400
- 52 Weeks High: ₹182.00 (Jun 23, 2023)
- 52 Weeks Low: ₹61.25 (Jul 19, 2023)
- Updated On: Jul 19, 2023 4:00 PM
Bizotic Commercial Limited IPO Details #
| IPO Date | Jun 12, 2023 to Jun 15, 2023 |
| Listing Date | Jun 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹175 per share |
| Lot Size | 800 Shares |
| Total 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 |
| Share holding pre issue | 5,628,000 |
| Share holding post issue | 8,040,000 |
| Market Maker portion | 120,800 shares Beeline Broking |
Bizotic Commercial Limited IPO Reservation #
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 120,800 (5.01%) |
| Other Shares Offered | 1,145,600 (47.50%) |
| Retail Shares Offered | 1,145,600 (47.50%) |
| Total Shares Offered | 2,412,000 (100%) |
Bizotic Commercial IPO Timetable (Tentative) #
Bizotic Commercial IPO opens on Jun 12, 2023, and closes on Jun 15, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 12 June 2023 |
| Closing Date | Thursday, 15 June 2023 |
| Basis of Allotment | Tuesday, 20 June 2023 |
| Initiation of Refunds | Wednesday, 21 June 2023 |
| Credit of Shares to Demat | Thursday, 22 June 2023 |
| Listing Date | Friday, 23 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 15, 2023 |
Bizotic Commercial IPO Lot Size #
The Bizotic Commercial IPO lot size is 800 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹140,000 |
| Retail (Max) | 1 | 800 | ₹140,000 |
| HNI (Min) | 2 | 1,600 | ₹280,000 |
| Lot Size Calculator | |||
Bizotic Commercial IPO Promoter Holding #
Mr. Sanjay Gupta and Mrs. Sangita Aggarwala are the company promoters.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,102.04 | 1,113.97 | 16.34 | 29.52 | 28.52 | |
| 31-Mar-21 | 1,897.65 | 1,679.97 | 34.08 | 63.60 | 62.60 | |
| 31-Mar-22 | 3,738.37 | 5,341.98 | 59.57 | 123.17 | 122.17 | 256.48 |
| 31-Dec-22 | 3,972.95 | 3,749.41 | 290.28 | 865.52 | 302.72 | 369.40 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 36.38 |
| Market Cap (₹ Cr.) | 140.7 |
| EPS (Rs) | 0.82 |
| RoNW | 51.27% |
The company intends to utilize the proceeds from the net issue for the following objects:
- Setting up Retail store
- Repayment of loan
- Working capital requirement
- General Corporate Purpose, and
- Meeting Public Issue Expenses.
Bizotic Commercial IPO Subscription Status (Bidding Detail) #
The Bizotic Commercial IPO is subscribed 1.87 times on Jun 15, 2023 7:02:00 PM. The public issue subscribed 1.74 times in the retail category, times in the QIB category, and 2.00 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 2.00 |
| Retail | 1.74 |
| Total | 1.87 |
Total Application : 3,063 (2.14 times)
Bizotic Commercial IPO Prospectus #
- Bizotic Commercial IPO DRHP
- Bizotic Commercial IPO RHP
Bizotic Commercial IPO Listing Details #
| Listing Date | Jun 23, 2023 |
| BSE Script Code | 543926 |
| NSE Symbol | |
| ISIN | INE0OJ401014 |
| Final Issue Price | ₹175 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹175.00 |
| ₹180.00 |
| ₹171.00 |
| ₹182.00 |
| ₹171.00 |
Company Contact Information
8, Samet Business Park,
Nr. Khokra Circle, Khokra,
Ahmedabad-380008
Phone: +91 79849 71501
Email: bizoticcommercialindia@gmail.com
Website: https://urbanunited.in/
Bizotic Commercial IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Bizotic Commercial IPO Lead Manager(s) #
Frequently Asked Questions #
What is the IPO date and price for Bizotic Commercial IPO? #
The Bizotic Commercial IPO was open for public subscription from June 12, 2023, to June 15, 2023. The price for the IPO shares was set at ₹175 per equity share.
What is the lot size and issue size for Bizotic Commercial IPO? #
The lot size for the Bizotic Commercial IPO is 800 shares per lot. The total issue size is 2,291,200 equity shares, aggregating up to ₹42.21 Crores.
What is the subscription status of the Bizotic Commercial IPO? #
The Bizotic Commercial IPO was subscribed 1.87 times overall. The Non-Institutional Investors (Ndesigning, and marketing men’s readymade garments under the brand name “URBAN UNITED.” They offer a diverse range of men’s apparel, including formal wear, casual wear, party wear, sports wear, comfort wear, ethnic wear, and winter wear.
Who are the promoters of Bizotic Commercial?II) category was subscribed 2.00 times, and the Retail Individual Investor (RII) category was subscribed 1.74 times. #
What products does Bizotic Commercial offer? #
Bizotic Commercial is engaged in the business of manufacturing,
The promoters of Bizotic Commercial are Sanjay Gupta and Sangita Aggarwala.
What are the financial performance details of Bizotic Commercial? #
As of 9M FY2023, Bizotic Commercial reported a net income of ₹2.90 Crores.
Where can I check the Bizotic Commercial IPO subscription status and allotment status? #
The subscription status and allotment status of the Bizotic Commercial IPO can be checked on the respective official websites and portals of the stock exchanges and IPO registrars.
Please note that the information provided above is based on the data available up to July 28, 2023.
