Investors looking to get free bonus shares from Bizotic Commercial have only one last chance.
The garment and apparel company has announced a 5:1 bonus issue, which means shareholders will receive 5 free shares for every 1 share they own.
The company has fixed Monday, August 17, as the record date for the bonus issue.
To be eligible, investors must buy the company’s shares by today (Friday). Shares purchased after today will not qualify for the bonus shares.
This is the first time Bizotic Commercial is rewarding its shareholders with bonus shares.
Stock Has Delivered Multibagger Returns
Bizotic Commercial has given impressive returns over the past two years. The stock has surged more than 1,345%, rising from ₹46.54 on August 16, 2024, to ₹678 on August 14, 2026.
Over the last three years, the stock has gained around 1,295%. The company’s market capitalization has also crossed ₹640 crore.
One-Year Performance and Current Trend
In the past one year, Bizotic Commercial shares have climbed 155%, moving from ₹265 to ₹678.
However, the stock has faced some pressure in recent months. It is down 21% so far this year and has fallen over 32% in the last six months.
The stock’s 52-week high is ₹1,053, while its 52-week low is ₹265.
IPO and Company Details
Bizotic Commercial launched its IPO in June 2023 with an issue price of ₹175 per share. The IPO was open from June 12 to June 15, and the shares were listed on the BSE at ₹180.
The company operates in the apparel and textile industry, focusing on the manufacturing, designing, wholesale, and retail sale of ready-made menswear.
As of now, the promoters hold a 74.98% stake, while the public owns the remaining 25.02%.
