Bizotic Commercial Share Price

Bizotic Commercial Limited was originally incorporated as Bizotic Commercial Private Limited dated December 29, 2016 with the Deputy Registrar of Companies. Subsequently, the Company converted in to a Public Company and name of the Company was changed to Bizotic Commercial Limited issued by the Registrar of Companies, Ahmedabad dated December 26, 2022.The Company is engaged in trading business of mens readymade garments and fabrics on wholesale as well as retail basis. It serve through the channels like retail stores and ecommerce. The garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. The Company operate 16 retail outlets across the country, serving customers with quality garments. The Company outsource the entire garments manufacturing from time to time and provides designs, pattern, quality, fabric etc. to them who, procure the raw materials at their own costs and begin the manufacturing process. The products delivered are completely finished and packaged to warehouse/stores.The Company started selling products through ecommerce platform also. It has inhouse teams of designers who respond to consumer preferences and anticipate future fashion trends. Prior to this, the Company was into trading of Fabric, at Ahmedabad only. Within a year, it started manufacturing and trading of garments in Rajasthan. Thereafter, it opened first outlet in the FY 201718, on own brand name URBAN UNITED in Ajmer, Rajasthan. From 2017 to 2020, it opened nearly 40 outlets in Rajasthan and Haryana only. Gradually, the Company established their own Showrooms in the 202122, located at prime locations in different cities of Rajasthan and Bihar. Presently, it has about 20 stores in different cities of Rajasthan and 1 in Bihar on running business out of which, 17 stores are on franchisee basis and 4 stores are owned by Company, itself. These owned 4 Stores are located at Jaipur, Jodhpur, Bhilwada and Chittorgarh in Rajasthan.In June 2023, Company made a public issue by allotting 24,12,000 Equity Shares of face value of Rs 10 each by raising funds Rs 42.21 Cr. The Company opened new stores under different Franchisee Models in different states like Punjab, Delhi, Haryana and Chhattisgarh in 2023.The Company has opened a YARD retail store of 16,000 Sq.ft in Ahmedabad in 2026.