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Business News/ Markets / Ipo/  Bizotic Commercial IPO opens next week. GMP, other details about BSE SME issue

Bizotic Commercial IPO: The initial public offering (IPO) of Bizotic Commercial Ltd is going to hit primary market next week. The public issue proposed for listing on BSE SME exchange is going to open on 12th June 2023 and it will remain open for bidding till 15th June 2023. This means, the SME IPO will open on Monday next week and it will open for subscription till Thursday next week. The public offer will be available for subscription at a fixed price band of 175 per equity share and one lot of the public issue will comprise 800 company shares. According to market observers, shares of Bizotic Commercial Ltd has made its debut in the grey market but it is yet to trade at any premium.

Here we list out important Bizotic Commercial IPO details in 10 points:

1] Bizotic Commercial IPO GMP today: According to market observers, Bizotic Commercial IPO grey market premium (GMP) today is 0, which means the stock is trading flat and it is yet to trade at discount or at premium.

2] Bizotic Commercial IPO price band: Company has fixed issue price at 175 apiece.

3] Bizotic Commercial IPO date: The public issue will open for bidding on 12th June 2023 and it will remain open for subscription till 15th June 2023.

4] Bizotic Commercial IPO lot size: A bidder will be allowed to apply in lots and one lot of the IPO comprises 800 company shares.

5] Bizotic Commercial IPO size: The SME company aims to raise 42.21 crore through issuance of 2,412,000 fresh issues of the company.

6] Investment limit: As one lot will comprise 800 shares of the company, minimum amount required to apply for this apparel stock is 1,40,000 ( 175 x 800).

7] Bizotic Commercial IPO allotment date: The likely date for share allocation is 20th June 2023.

8] Bizotic Commercial IPO listing: The SME IPO is proposed for listing on BSE SME exchange.

9] Bizotic Commercial IPO listing date: Most likely date for share listing is 23rd June 2023.

10] Bizotic Commercial IPO registrar: Bigshare Services Pvt Ltd has been appointed as official registrar of the SME IPO.

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Asit Manohar
Chief Content Producer at Live Mint Digital Team
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Updated: 10 Jun 2023, 03:12 PM IST
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