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Open
12 Jun 2023
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Close
15 Jun 2023
3
Allotment
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Listing
Fri, Jun 23, 2023
Price Band
₹175 per share
Issue Size
24,12,000 shares (agg. up to ₹42 Cr)
Lot Size
800 Shares
Listing Date
Fri, Jun 23, 2023
Latest GMP
₹1
Est. Gain
0.57%
✦ AI Insight
GMP Trend
23-06-2023₹1Est. ₹176+0.57%
22-06-2023₹2Est. ₹177+1.14%
21-06-2023₹1Est. ₹176+0.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.77x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 39.73 | 37.38 | 18.98 | 11.02 |
| Total Income | 37.49 | 53.42 | 16.80 | 11.14 |
| Profit After Tax | 2.90 | 0.60 | 0.34 | 0.16 |
| NET Worth | 8.66 | 1.23 | 0.64 | 0.30 |
| Reserves and Surplus | 3.03 | 1.22 | 0.63 | 0.29 |
| Total Borrowing | 3.69 | 2.56 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Veekayem Fashion & Apparels Ltd. | SME | ₹4.44 Cr | ₹28 | 8.72 | ₹50.00 | +78.57% | ₹130.00 (+2.28%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up Retail network by establishing company owned and company operated stores | 4.50 |
| 2 | Repayment of Loan | 1.80 |
| 3 | Long-term Working capital requirement | 22.70 |
| 4 | General Corporate Purposes | 9.61 |
About Bizotic Commercial IPO
Incorporated in 2016, 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.+ Read More
Contact Details
Bizotic Commercial Ltd. Address8, Samet Business ParkNr.Khokra Circle, KhokraAhmedabad, Gujarat, 380008+91 79849 71501bizoticcommercialindia@gmail.comVisit Website