Comparison between Bizotic Commercial IPO and Kore Digital IPO.
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 IPO | Kore Digital IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Interactive Financial Services Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Kore 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 Size | 800 shares | 800 shares |
| Fresh Issue Size | 22,91,200 shares | 9,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.10 Cr | up to ₹17.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 22,91,200 shares | 9,48,000 shares |
| Issue Size Total (Amount) | up to ₹40.10 Cr | up to ₹17.06 Cr |
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 IPO | Kore Digital IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 12, 2023 | Jun 02, 2023 |
| Issue Close | Jun 15, 2023 | Jun 07, 2023 |
| Basis Of Allotment (Tentative) | Jun 20, 2023 | Jun 12, 2023 |
| Initiation of Refunds (Tentative) | Jun 21, 2023 | Jun 13, 2023 |
| Credit of Share (Tentative) | Jun 22, 2023 | Jun 14, 2023 |
| Listing date (Tentative) | Jun 23, 2023 | Jun 14, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bizotic Commercial IPO P/E ratio is 36.38, as compared to Kore Digital IPO P/E ratio of 17.86.
| Bizotic Commercial IPO | Kore Digital IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 36.38 | 17.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹140.70 Cr. | ₹63.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.82 | ₹10.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.27 | 50.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Kore Digital IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,800 shares | 52,000 shares |
| QIB | ||
| NII | 11,45,600 shares | 4,74,000 shares |
| RII | 11,45,600 shares | 4,74,000 shares |
| Employee | ||
| Others | ||
| Total | 22,91,200 shares | 9,48,000 shares |
Bizotic Commercial IPO subscribed 1.87x in total, whereas Kore Digital IPO subscribed 41.56x.
| Bizotic Commercial IPO | Kore Digital IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.00x | 49.67x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.74x | 33.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.87x | 41.56x |
