Bizotic Commercial IPO vs Sonalis Consumer Products IPO

Comparision between Bizotic Commercial IPO and Sonalis Consumer Products IPO.

IPO Details

Bizotic Commercial IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sonalis Consumer Products IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Bizotic Commercial IPO	Sonalis Consumer Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Interactive Financial Services Ltd	Expert Global Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Beeline Broking Ltd.	Beeline Broking Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bizotic Commercial IPO is up to ₹42.21 Cr whereas the issue size of the Sonalis Consumer Products IPO is up to ₹2.83 Cr. The final issue price of Bizotic Commercial IPO is ₹175.00 per share and of Sonalis Consumer Products IPO is ₹30.00 per share.

	Bizotic Commercial IPO	Sonalis Consumer Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹175.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	4000 shares
Fresh Issue Size	24,12,000 shares	9,44,000 shares
Fresh Issue Size (Amount)	up to ₹42.21 Cr	up to ₹2.83 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,12,000 shares	9,44,000 shares
Issue Size Total (Amount)	up to ₹42.21 Cr	up to ₹2.83 Cr

IPO Timetable

Bizotic Commercial IPO opens on Jun 12, 2023, while Sonalis Consumer Products IPO opens on Jun 07, 2023. The closing date of Bizotic Commercial IPO and Sonalis Consumer Products IPO is Jun 15, 2023, and Jun 09, 2023, respectively.

	Bizotic Commercial IPO	Sonalis Consumer Products IPO
Anchor Bid Date
Issue Open	Jun 12, 2023	Jun 07, 2023
Issue Close	Jun 15, 2023	Jun 09, 2023
Basis Of Allotment (Tentative)	Jun 20, 2023	Jun 14, 2023
Initiation of Refunds (Tentative)	Jun 21, 2023	Jun 15, 2023
Credit of Share (Tentative)	Jun 22, 2023	Jun 16, 2023
Listing date (Tentative)	Jun 23, 2023	Jun 19, 2023
Anchor Lockin End date 1	Jul 20, 2023	Jul 14, 2023
Anchor Lockin End date 2	Sep 18, 2023	Sep 12, 2023

Financials

Bizotic Commercial IPO P/E ratio is 36.38, as compared to Sonalis Consumer Products IPO P/E ratio of 6.56.

Bizotic Commercial IPO

Sonalis Consumer Products IPO

Financial

Bizotic Commercial Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,102.04	1,113.97	16.34	29.52	28.52
31-Mar-21	1,897.65	1,679.97	34.08	63.60	62.60
31-Mar-22	3,738.37	5,341.98	59.57	123.17	122.17	256.48
31-Dec-22	3,972.95	3,749.41	290.28	865.52	302.72	369.40
Amount in ₹ Lakhs

Sonalis Consumer Products Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Dec-22	649.77	420.47	68.45	349.21	243.71	5.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

73.12%

Promoter Shareholding (Post-Issue)

38.59%

P/E Ratio

36.38

6.56

Market Cap

₹140.70 Cr.

ROE

ROCE

Debt/Equity

EPS

₹0.82

₹10.08

RoNW

51.27%%

19.60%%

Shares Offered

In the Bizotic Commercial IPO retail investors (RII) are offered 11,45,600 shares while in Sonalis Consumer Products IPO retail investors are offered 11,45,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Bizotic Commercial IPO and 0 shares in Sonalis Consumer Products IPO.

	Bizotic Commercial IPO	Sonalis Consumer Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,20,800 shares	52,000 shares
QIB	0 shares	0 shares
NII	11,45,600 shares	4,44,000 shares
RII	11,45,600 shares	4,48,000 shares
Employee	0 shares	0 shares
Others
Total	22,91,200 shares	8,92,000 shares

Bids Received (Subscription)

Bizotic Commercial IPO subscribed 1.87x in total, whereas Sonalis Consumer Products IPO subscribed 43.48x.

	Bizotic Commercial IPO	Sonalis Consumer Products IPO
QIB (times)
NII (times)	2.00x	38.41x
Big NII (times)
Small NII (times)
RII (times)	1.74x	48.31x
Employee (times)
Other (times)
Total (times)	1.87x	43.48x

Compare with others

Bizotic Commercial IPO	Sonalis Consumer Products IPO
Kaka Industries IPO	Vilin Bio Med IPO
Aatmaj Healthcare IPO	Cell Point (India) IPO
Essen Speciality Films IPO	Bizotic Commercial IPO
Vilin Bio Med IPO	Urban Enviro Waste Management IPO
Cell Point (India) IPO	Cosmic CRF IPO
Urban Enviro Waste Management IPO	Kore Digital IPO
Cosmic CRF IPO	Sahana System IPO
Sonalis Consumer Products IPO	CFF Fluid Control IPO
Kore Digital IPO	Comrade Appliances IPO
Sahana System IPO	Infollion Research Services IPO

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