29 May, EOD - Indian

SENSEX 81633.02 (0.39)

Nifty 50 24833.6 (0.33)

Nifty Bank 55546.05 (0.23)

Nifty IT 37754.15 (0.77)

Nifty Midcap 100 57457.25 (0.55)

Nifty Next 50 67093.8 (0.15)

Nifty Pharma 21589.35 (0.92)

Nifty Smallcap 100 17889.4 (0.59)

29 May, EOD - Global

NIKKEI 225 37870.06 (-1.46)

HANG SENG 23573.38 (1.35)

S&P 5918.5 (-0.27)

LOGIN HERE

flag

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : | NSE Symbol : | ISIN : | Industry : |


Company History

Bizotic Commercial Limited was originally incorporated as Bizotic Commercial Private Limited' dated December 29, 2016 issued by 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 men's readymade garments and fabrics on wholesale as well as retail basis. It serve through the channels like retail stores and e-commerce. The garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing.

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 distribute products through retail distributors and multi-brand outlets in various parts of Rajasthan such as in Jaipur, Bikaner, Kota, Udaipur, Jodhpur. It sell products through outlets which ultimately supply goods to the end customers. Now is that, the Company started selling products through e-commerce platform also. It has in-house teams of designers who respond to consumer preferences and anticipate future fashion trends.

In priority, the Company was into trading of Fabric, based in Ahmedabad only. Within a Year, it started manufacturing and trading of garments in Rajasthan. Thereafter, it opened first outlet in the Financial Year 2017-2018, 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 2021-22, 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 aggregating to Rs 42.21 Cr.

The Company opened new stores under different Franchisee Models in different states like Punjab, Delhi, Haryana and Chhattisgarh in 2023.

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +