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.
Bizotic Commercial IPO Details
| Total Issue Size | 2,412,000 shares
(aggregating up to ₹42.21 Cr) |
| Fresh Issue | 2,412,000 shares
(aggregating up to ₹42.21 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 120,800 shares
Beeline Broking |
Bizotic Commercial IPO Reservation
| Retail Shares Offered | Not less than 50.00% of the Offer |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
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| Total Assets | 1,102.04 | 1,897.65 | 3,738.37 |
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| Total Revenue | 1,113.97 | 1,679.97 | 5,341.98 |
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| Profit After Tax | 16.34 | 34.08 | 59.57 |
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| Net Worth | 29.52 | 63.60 | 123.17 |
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| Reserves and Surplus | 28.52 | 62.60 | 122.17 |
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| Total Borrowing | | | 256.48 |
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Strength
Weakness
