- Business
- Bizotic Commercial Limited engages in the designing, manufacturing, marketing, and retailing of readymade men's garments under the Urban United and YARD brands in India. The company offers a comprehensive range of menswear including formal wear such as suits, pants, shirts, coats, and jackets; casual wear; sportswear; ethnic wear; corporate suits and uniforms; as well as fabrics through wholesale and retail channels. It outsources garment production to third-party contractors while providing designs, patterns, quality specifications, and fabrics; distributes products via approximately 20 franchisee and company-owned stores primarily in Rajasthan cities like Jaipur, Jodhpur, Bhilwara, and Chittorgarh, one store in Bihar, multi-brand outlets, e-commerce platforms, and retail distributors; and targets value-fashion segment consumers with in-house design teams focused on trends and preferences. Founded in 2016 and headquartered in Ahmedabad, Gujarat at 15 Ashwamegh Warehouses, Ujala Circle, Dascroi, the company operates mainly in Rajasthan with expansion into Bihar, Haryana, Punjab, Delhi, and Chhattisgarh. Recent developments include a June 2023 initial public offering raising INR 42.21 crore through 2,412,000 equity shares; a September 2025 announcement of a new 3,964 sq.ft YARD brand store opening in Bapunagar, Ahmedabad to enhance market presence; securing purchase orders worth INR 72.25 crore from Osia Hyper Retail Limited, DDTC Exim Limited, and Qmin Industries Limited in September 2025; reporting 40% year-on-year standalone revenue growth to INR 73.78 crore for the half-year ended September 30, 2025 driven by innovation-led expansion, data-led assortment curation, strong sell-through rates, and disciplined inventory management; a proposed preferential issue of equity shares and/or convertible warrants discussed in July 2025 board meetings; resubmission of updated H1 FY2026 and FY2025 financial results in November 2025 per BSE requirements; and appointment of Bhavika Jain as company secretary in June 2025. Promoter holding stands at 70%, with market capitalization around INR 630 crore as of late 2025.