IPO

Bizotic Commercial Ltd

Initial public issue of 24,12,000 equity shares of face value of Rs. 10/- each of Bizotic Commercial Limited ("BCL" or the "Company" or the "Issuer") for cash at a price of Rs. 175/- per equity share including a share premium of Rs. 165/- per equity share (the "Issue Price") aggregating to Rs. 42.21 crores ("The Issue"), of which 1,20,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 175/- per equity share including a share premium of Rs. 165/- per equity share aggregating to Rs. 2.11 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 22,91,200 equity shares of face value of Rs. 10/- each at a price of Rs. 175/- per equity share aggregating to Rs. 40.10 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 30.00% and 28.50% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 17.50 times of the face value.
Issue
Opens On Closes On
12-Jun-23 15-Jun-23
Money Payable On
Application Allotment
175.00 0.00
Minimum Application for shares in Nos : 800 Further Multiples of : 800
Cr Lead Managers to the Issue
Project Cost (.Cr) 38.61 Interactive Financial Services Ltd
Project Financed through Current Offer (.Cr) 42.21  
Post Issue Equity Share Capital (.Cr) 8.04
Issue Price () 175.00
Projects
Setting up Retail network by establishing company owned and company operated stroes
Repayment of Loan
Long-term Working capital requirement
General corporate purposes
Promoted By
Sanjay Gupta
Sangita Aggarwala
Listing At
BSE - SME
Registrar to the Issue
No Data Available