What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Bizotic Commercial Limited IPO?

Bizotic Commercial Limited IPO has received a total subscription of 1.87 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Bizotic Commercial Limited

ListedSME

Retail & Consumer Goods · BSE

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.

Price Band

₹175

Issue Size

₹42.21 Cr

Lot Size

800 shares

GMP

₹2

+1.1%

Est. Listing

₹177

at current GMP

Subscribed

1.87x

overall

Open

12 Jun 2023

15 Jun 2023

Allotment

20 Jun 2023

Refund

21 Jun 2023

Demat Credit

22 Jun 2023

Listing

23 Jun 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.87x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.87x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,206,000	—	0.00x
Non-Institutional (NII / HNI)	361,800	—	0.00x
Retail Individual (RII)	844,200	—	0.00x
Total	2,412,000	0	1.87x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.87x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,055	1,973	1.87x
HNIs (10L +)	7	13	1.86x
HNIs (2-10L)	32	60	1.88x
Total Applications	1,094	2,046	1.87x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Bizotic Commercial Limited Public Issue & Market Profile

Bizotic Commercial Limited is bringing an initial public offering (IPO) in the Retail & Consumer Goods sector with an aggregate issue size of ₹42.21 Crores. The shares are offered at a price band of ₹175 to ₹175 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-22, while un-allotted funds or UPI block mandates will be released on 2023-06-21.

Frequently Asked Questions

What is Bizotic Commercial Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Bizotic Commercial Limited IPO is ₹2 per equity share. Based on the upper price band of ₹175 to ₹175 per equity share, the estimated listing price is ₹177 (+1.1% expected listing gain).

What is the expected profit per lot for Bizotic Commercial Limited IPO?

With a lot size of 800 shares and current GMP of ₹2, the expected profit per application lot is approx ₹1,600 (+1.1% gain). Minimum application cost is approx ₹1,40,000.

What is the issue size and price band for Bizotic Commercial Limited IPO?

The Bizotic Commercial Limited IPO aggregate issue size is ₹42.21 Crores with an equity price band set at ₹175 to ₹175 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,40,000.

How can I check Bizotic Commercial Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.87x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Bizotic Commercial Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-06-20. Investors can verify status using PAN card or application number.

When is the listing date for Bizotic Commercial Limited IPO?

Bizotic Commercial Limited shares are scheduled to list on BSE on 2023-06-23.