FREE Account Opening + No Clearing Fees
Loading...
June 12, 2023 - June 15, 2023

Bizotic Commercial IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Bizotic Commercial IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 0 0 0 1 0
% 0.00 0.00 0.00 100.00 0.00

Bizotic Commercial IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Bizotic Commercial IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its bottom line for 9M-FY23 raised eyebrows and concern over sustainability going forward. The factor of its significant business based on third-party contracts poses a big concern. Based on such super earnings of FY23, the issue appears greedily priced while based on its track records so far, the issue appears exorbitantly priced. Simply stay away from this pricey bet. Read detail review...

Bizotic Commercial IPO Peer Comparison

Bizotic Commercial Limited peer comparison with similar listed entities. (Standalone) (As on June 08, 2023)

Company NameEPS (Rs)NAV (per share) (Rs)P/E (x)RoNW (%)
EPS BasicEPS Diluted
Bizotic Commercial Limited595.69595.691,231.660.2948.36
Trent Limited7.027.02765.13192.339.27
Bella Casa Fashion and Retail Limited9.799.7960.6911.5416.30
Loernzini Apparels Limited0.530.5312.18147.294.40

Notes:

a) Considering the nature and size of the business of the company the peers are not strictly comparable. However, above company is included for broad comparison.

b) The figures for Bizotic Commercial Limited, are based on the restated standalone financial statements for the year ended March 31, 2022.

c) The figures are based on the Standalone financial statements for the year ended March 31, 2022, of Trent Limited, Bella Casa Fashion and Retail Limited, and Loernzini Apparels Limited. (filed with BSE Stock Exchange)

d) NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.

e) P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on February 15, 2023, sourced from the website of the Stock Exchange as divided by the Basic/diluted EPS as applicable.

f) RoNW is computed as net profit after tax, as attributable to the owners of the Company divided by closing net worth. Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.


Bizotic Commercial IPO Review by Members

Bizotic Commercial IPO Reviews, analysis and views by popular members. Read Bizotic Commercial Limited IPO reviews by retail investors to find recommended ipo to buy.

Post Recommendation Manage Your IPO Reviews

Bizotic Commercial IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 0 0 0 2
% 0.00 0.00 0.00 100.00
Clear Search
Member Review
Gaurav DD dimer
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)

Avoid

Big size with other good issues with avoid Rating by dilip sir makes it totally Avoid.

June 11, 2023 3:24:21 PM
Ipokingstar

Avoid

Fake company and revenue

June 11, 2023 8:19:07 AM

Post Recommendation Manage Recommendations

Note:

  • The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
  • We reserve the right to remove any objectionable post without providing a reason.

1 Comments

1. Arth garewal     Link|June 14, 2023 10:52:56 AM
All the brokers are very positive and saying
Going to give good listing gain
Must apply