Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Bizotic Commercial IPO vs Kore Digital IPO

Comparison between Bizotic Commercial IPO and Kore Digital IPO.

IPO Details

Bizotic Commercial IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kore Digital IPO is a SME Fixed Price proposed to list at NSE SME.

 Bizotic Commercial IPOKore Digital IPO
LogoBizotic Commercial IPO LogoKore Digital IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersInteractive Financial Services Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Bizotic Commercial IPO is up to ₹40.10 Cr whereas the issue size of the Kore Digital IPO is up to ₹17.06 Cr. The final issue price of Bizotic Commercial IPO is ₹175.00 per share and of Kore Digital IPO is ₹180.00 per share.

 Bizotic Commercial IPOKore Digital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹175.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares800 shares
Fresh Issue Size22,91,200 shares9,48,000 shares
Fresh Issue Size (Amount)up to ₹40.10 Crup to ₹17.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,91,200 shares9,48,000 shares
Issue Size Total (Amount)up to ₹40.10 Crup to ₹17.06 Cr

IPO Timetable

Bizotic Commercial IPO opens on Jun 12, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of Bizotic Commercial IPO and Kore Digital IPO is Jun 15, 2023, and Jun 07, 2023, respectively.

 Bizotic Commercial IPOKore Digital IPO
Anchor Bid Date
Issue OpenJun 12, 2023Jun 02, 2023
Issue CloseJun 15, 2023Jun 07, 2023
Basis Of Allotment (Tentative)Jun 20, 2023Jun 12, 2023
Initiation of Refunds (Tentative)Jun 21, 2023Jun 13, 2023
Credit of Share (Tentative)Jun 22, 2023Jun 14, 2023
Listing date (Tentative)Jun 23, 2023Jun 14, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bizotic Commercial IPO P/E ratio is 36.38, as compared to Kore Digital IPO P/E ratio of 17.86.

 Bizotic Commercial IPOKore Digital IPO
Financials
Bizotic Commercial Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,102.041,113.9716.3429.5228.52
31-Mar-211,897.651,679.9734.0863.6062.60
31-Mar-223,738.375,341.9859.57123.17122.17256.48
31-Dec-223,972.953,749.41290.28865.52302.72369.40
Amount in ₹ Lakhs
Kore Digital Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20188.6687.611.828.217.21
31-Mar-21584.81397.9025.9334.1433.1421.96
31-Mar-221,441.571,694.45217.97252.11251.1117.72
31-Dec-221,573.071,195.71253.92506.02254.02184.18
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10099.70
Promoter Shareholding (Post-Issue)71.38
P/E Ratio36.3817.86
Market Cap₹140.70 Cr.₹63.36 Cr.
ROE0.67%
ROCE0.49%
Debt/Equity0.36
EPS₹0.82₹10.08
RoNW51.27%50.18%

Shares Offered

In the Bizotic Commercial IPO Retail Individual Investors (RII) are offered 11,45,600 shares while in Kore Digital IPO retail investors are offered 11,45,600 shares. Qualified Institutional Buyers (QIB) are offered in Bizotic Commercial IPO and in Kore Digital IPO.

 Bizotic Commercial IPOKore Digital IPO
Anchor Investor Reserveration
Market Maker Reserveration1,20,800 shares52,000 shares
QIB
NII11,45,600 shares4,74,000 shares
RII11,45,600 shares4,74,000 shares
Employee
Others
Total22,91,200 shares9,48,000 shares

Bids Received (Subscription)

Bizotic Commercial IPO subscribed 1.87x in total, whereas Kore Digital IPO subscribed 41.56x.

 Bizotic Commercial IPOKore Digital IPO
QIB (times)
NII (times)2.00x49.67x
Big NII (times)
Small NII (times)
RII (times)1.74x33.26x
Employee (times)
Other (times)
Total (times)1.87x41.56x