Bizotic Commercial IPO Date, Price, Review, Allotment

Vijay Prajapati
June 23, 2023

Vijay Prajapati

Bizotic Commercial IPO Details: Bizotic Commercial IPO date is fixed, The IPO will open on June 12 and will close on June 15, 2023. Bizotic Commercial is an BSE SME IPO to raise ₹42.21 crores via IPO. The Bizotic Commercial IPO price band is fixed at ₹175 with a market lot of 800 shares.

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

Avoid

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

Company Promoters

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?

The IPO is to open on June 12, 2023 for NII, and Retail Investors.

What is Bizotic Commercial IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Bizotic Commercial IPO?

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.

How to Apply the Bizotic Commercial IPO through Zerodha?

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.

How to Apply the Bizotic Commercial IPO through Upstox?

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.

How to Apply the Bizotic Commercial IPO through Paytm Money?

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.

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?

The IPO bid is 800 shares with ₹140,000.

What is Bizotic Commercial IPO Allotment Date?

Bizotic Commercial IPO allotment date is June 20, 2023.

What is Bizotic Commercial IPO Listing Date?

Bizotic Commercial IPO listing date is June 23, 2023. The IPO to list on BSE SME.

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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