Bizotic Commercial Limited
IPO Details
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Lot Distribution
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Company Fin.
₹2(1.14%)
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Bizotic Commercial Limited's successfully completed its Initial Public Offering and commenced trading on Jun 23, 2023 at the BSE exchange. The company raised 24,12,000 Shares through this public offering, comprising 24,12,000 Shares in fresh capital.
The IPO was priced within the band of ₹175 to ₹175, with minimum application lots of 800 shares. The offering attracted significant investor interest during its subscription period from Jun 12, 2023 to Jun 15, 2023.
Share allotment was finalized on Jun 20, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2016, Bizotic Commercial Limited is engaged in manufacturing, designing, and marketing readymade garments under its in-house brand “URBAN UNITED.” The company offers a wide range of men’s apparel, including formal wear, casual wear, party wear, sportswear, ethnic wear, and winter wear, available through both retail stores and online platforms. Bizotic outsources its garment manufacturing to third-party contractors while providing complete technical specifications such as design, fabric, and quality standards. It operates 21 stores — 17 franchise-based and 4 company-owned — across Rajasthan and Bihar, with owned outlets located in Jaipur, Jodhpur, Bhilwara, and Chittorgarh.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Sanjay Gupta
- Mrs. Sangita Aggarwala
Bizotic Commercial Limited
Bigshare Services Private Limited