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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹42.21 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹42.21 Cr |
| Fresh Issue | ₹40.10 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹175.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543926 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | ||||
| KPI | |
|---|---|
| RoNW | 51.27% |
| PAT Margin | 1.00% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 0.82 | |
| P/E (x) | 36.38 | |
| Promoter Holding | 100% | |
| Market Cap | ₹140.70 Cr. | |
