The date of the Bizotic Commercial IPO has been decided. The IPO will begin on June 12 and end on June 15, 2023. Bizotic Commercial is a BSE SME IPO that will raise 42.21 crores through the IPO. The Bizotic Commercial IPO’s price band is 175 with a market lot of 800 shares.
Bizotic Commercial Limited is a company that manufactures, designs, brands, and sells men’s readymade garments. They sell their goods under the brand “URBAN UNITED.” Urban United is a premium lifestyle company in the retail sector and one of India’s fastest-growing men’s fashion companies. Urban United has grown into a one-stop shop for men’s clothes. Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Accessories, Ethnic Wear, and Winter Wear are among their men’s wear offerings. They sell their products in both physical shops and e-commerce stores.
Objects of the Problem:
- Setting up Retail store
- Repayment of loan
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses.
Bizotic Commercial IPO Review
- To be updated soon
Bizotic Commercial IPO GMP, Date & Price Band Details
| IPO Open: | June 12, 2023 |
| IPO Close: | June 15, 2023 |
| IPO Size: | Approx ₹42.21 Crores, 2,412,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹175 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Bizotic Commercial IPO Market Lot
The Bizotic Commercial IPO minimum market lot is 800 shares with a ₹144,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹140,000 |
| Retail Maximum | 1 | 800 | ₹140,000 |
| S-HNI Minimum | 2 | 1600 | ₹180,000 |
Bizotic Commercial IPO Dates
The Bizotic Commercial IPO date is June 12 and the IPO close date is June 15. The IPO allotment date is June 20 and the IPO might list on June 23.
| IPO Open Date: | June 12, 2023 |
| IPO Close Date: | June 15, 2023 |
| Basis of Allotment: | June 20, 2023 |
| Refunds: | June 21, 2023 |
| Credit to Demat Account: | June 22, 2023 |
| IPO Listing Date: | June 23, 2023 |
Bizotic Commercial IPO Form
How to apply Bizotic Commercial IPO? -> You can apply Bizotic Commercial IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bizotic Commercial IPO in the Invest section. The other option you can apply Bizotic Commercial IPO via IPO forms download via the BSE website. Check out the Bizotic Commercial forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Bizotic Commercial Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹11.14 | ₹10.91 | ₹0.16 |
| 2021 | ₹16.80 | ₹16.32 | ₹0.34 |
| 2022 | ₹53.42 | ₹52.61 | ₹0.60 |
| 2023 9M | ₹37.49 | ₹33.45 | ₹2.90 |
Bizotic Commercial IPO Valuation – FY2022
Check Bizotic Commercial IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹595.69 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 55.34% |
| Net Asset Value (NAV): | ₹1231.66 per Equity Share |
Peer Group
- Trent Limited
- Bella Casa Fashion and Retail Limited
- Loernzini Apparels Limited
Bizotic Commercial IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Bizotic Commercial IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Company Address
Bizotic Commercial Limited
8, Samet Business Park,
Nr. Khokra Circle, Khokra,
Ahmedabad-380008
Phone: +91 79849 71501
Email: [email protected]
Website: https://urbanunited.in
Company Promoters
- Sanjay Gupta
- Sangita Aggarwala
Bizotic Commercial IPO FAQs
Q1. What is Bizotic Commercial IPO?
Ans. Bizotic Commercial IPO is an BSE SME IPO. They are going to raise ₹42.21 Crores via IPO. The issue is priced at ₹175 per equity share. The IPO is to be listed on BSE.
Q2. When Bizotic Commercial IPO will open?
Ans. The IPO is to open on June 12, 2023 for NII, and Retail Investors.
Q3. What is Bizotic Commercial IPO Investors Portion?
Ans. The investors’ portion for NII is 50%, and Retail is 50%.
Q4. How to Apply the Bizotic Commercial IPO?
Ans. You can apply Bizotic Commercial IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Bizotic Commercial IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bizotic Commercial”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Bizotic Commercial IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bizotic Commercial”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Bizotic Commercial IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Bizotic Commercial”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Bizotic Commercial IPO Size?
Ans. Bizotic Commercial IPO size is ₹42.21 crores.
Q9. What is Bizotic Commercial IPO Price Band?
Ans. Bizotic Commercial IPO Price Band is ₹175 per equity share.
Q10. What is Bizotic Commercial IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 800 shares with ₹140,000.
Q11. What is Bizotic Commercial IPO Allotment Date?
Ans. Bizotic Commercial IPO allotment date is June 20, 2023.
Q12. What is Bizotic Commercial IPO Listing Date?
Ans. Bizotic Commercial IPO listing date is June 23, 2023. The IPO to list on BSE SME.
