Bizotic Commercial Limited is in the business of manufacturing, designing, branding, and retailing men’s readymade garment. They are offering products under their brand name “URBAN UNITED”. Urban United is one of India’s fastest-growing men’s apparel brands and a premium lifestyle company in the retail sector. Urban United has ended up being a one-stop destination for men’s fashion needs.
Their men’s wear product range includes Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Accessories, Ethnic Wear, and Winter Wear. They offer their products via retail stores as well as via e-commerce stores as well.
Objects of the Issue:
- Setting up Retail store
- Repayment of loan
- Working capital requirement
- General Corporate Purpose, and
- Meeting Public Issue Expenses.
Bizotic Commercial IPO Review
Bizotic Commercial IPO 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 |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
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 |
You can check IPO subscription status and IPO allotment status on their respective pages.
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
- Sanjay Gupta
- Sangita Aggarwala
Bizotic Commercial IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Bizotic Commercial IPO Allotment Status
Check Bizotic Commercial IPO allotment status on Bigshare website URL. Click Here
Bizotic Commercial IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
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/
Bizotic Commercial IPO FAQs
What is Bizotic Commercial IPO?
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.
When Bizotic Commercial IPO will open?
What is Bizotic Commercial IPO Investors Portion?
How to Apply the Bizotic Commercial IPO?
How to Apply the Bizotic Commercial IPO through Zerodha?
How to Apply the Bizotic Commercial IPO through Upstox?
How to Apply the Bizotic Commercial IPO through Paytm Money?
What is Bizotic Commercial IPO Size?
Bizotic Commercial IPO size is ₹42.21 crores.
What is Bizotic Commercial IPO Price Band?
Bizotic Commercial IPO Price Band is ₹175 per equity share.
What is Bizotic Commercial IPO Minimum and Maximum Lot Size?
What is Bizotic Commercial IPO Allotment Date?
What is Bizotic Commercial IPO Listing Date?
Note: The Bizotic Commercial IPO details are announced officially. The IPO grey market premium (Bizotic Commercial IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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