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Baazar Style Retail Ltd.

Baazar Style Retail Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹389
₹389
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹389
Based on GMP
Min. Investment
₹14,782
1 lot × 38 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Aug 2024
Close Date
03 Sep 2024
Allotment
04 Sep 2024
Listing Date
06 Sep 2024
Exchange
NSE & BSE
Price Band
₹389
Listing Price
See chart
Allotment Status
Price Band
₹389
Per share
Face Value
₹5 per share
 
Lot Size
38 Shares
per lot
Issue Size
2,14,58,707 shares (aggregating up to ₹834.68 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,782
1 lot
Pre-IPO Holding
7,08,10,966 shares
Promoters
Post-IPO Holding
7,46,15,593 shares
Promoters
P/E (Pre)
125.54x
 
P/E (Post)
132.28x
 
EPS (Pre)
₹3.10
 
EPS (Post)
₹2.94
 
UPI Deadline
2024-09-03
Mandate
Anchor AllotmentThu, 29 Aug 2024
Basis of AllotmentWed, 04 Sep 2024
Refund InitiationThu, 05 Sep 2024
Demat CreditThu, 05 Sep 2024
Listing DayFri, 06 Sep 2024
UPI Mandate Deadline2024-09-03
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares38,06,387 shares (aggregating up to ₹148.06 Cr)
Offer for Sale1,76,52,320 shares of ₹5 (aggregating up to ₹686.62 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Baazar Style Retail Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
21,459,488
100% ₹834.77
IPO Shares Offered
Baazar Style Retail Ltd. IPO total issue size: ₹834.77 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 21,459,488 ₹834.77
100.00%
* Based on upper price band ₹389 per share
Lot Size & Investment
Lot Size
38
Shares per Lot
Issue Price
₹389.00
Upper Band
Min Investment
₹14,782
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)276₹29,564
Retail (Max — 13 Lots)13494₹192,166
S-HNI (Min — 14 Lots)14532₹206,948
B-HNI (Min — 68 Lots)682,584₹1,005,176
* Issue Price ₹389 × Lot Size 38 shares
IPO Schedule
Anchor
29 Aug 2024
✓ Done
IPO Open
30 Aug 2024
✓ Done
IPO Close
03 Sep 2024
✓ Done
Allotment
04 Sep 2024
✓ Done
Refunds
05 Sep 2024
✓ Done
Demat Credit
05 Sep 2024
✓ Done
Listing Day
06 Sep 2024
✓ Done
Baazar Style Retail Ltd. — Live Price LIVE
₹389.00
INR · BSE
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Issue ₹389.00 Live Price
About Baazar Style Retail Ltd.
Incorporated in June 2013, Bazaar Style Retail Limited is a fashion retailer operating in West Bengal and Odisha. The company offers apparel for men, women, boys, girls, and infants and general merchandise such as non-apparels and home furnishing products.The company focuses on providing a family-oriented shopping experience, offering quality products and striving to offer every Indian stylish merchandise at an affordable price.As of March 31, 2024, the stores averaged 9,046 square feet and were staffed by trained employees to enhance customer experience.The company operates in Odisha, Bihar, Assam, Jharkhand, Andhra Pradesh, Uttar Pradesh, Tripura, and Chhattisgarh.As of March 31, 2024, the company has expanded across 9 states and operates 162 stores.As of March 31, 2024, The company had an in-house marketing team consisting of 13 personnel.The company has a strong designing and merchandising team of 57 personnel who have experience understanding and sensing the regional preferences of its target customers. They work to provide the customers with the latest market trends through their experience in the retail and textile industries.
Objects of the Issue
1
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and
2
General corporate purposes.
Baazar Style Retail Ltd. Financials (Amount in Crore)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
₹982.8
31 Mar 2024
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
₹21.9
31 Mar 2024
Particulars31 Mar 2024FY 2023-24FY 2022-23
Revenue from Operations 982.83 N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 21.94 N/A N/A
Net Worth 212.56 N/A N/A
Total Assets 1165.97 N/A N/A
Reserves & Surplus 180.20 N/A N/A
Borrowings 178.23 N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) 2.23%
P/BV Ratio
12.78
RoE
10.74%
RoCE
18.39%
RoNW
10.32%
PAT Margin
2.23%
Debt/Equity
0.76
Issue Structure & Shareholding
Total Shares Offered2,14,59,488 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding7,08,10,966 shares
Post-Issue Promoter Holding7,46,15,593 shares
P/BV Ratio12.78
RoE10.74%
RoCE18.39%
Debt / Equity0.76
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Intensive Fiscal Services Pvt.Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Baazar Style Retail Ltd. IPO subscribed?

Baazar Style Retail Ltd. IPO is subscribed 1.00 times by Sep 03, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Baazar Style Retail Ltd. IPO retail subscription status?

The Baazar Style Retail Ltd. IPO retail category is subscribed 1.00 times as of 03 Sep 2024. The retail portion is oversubscribed.

How to subscribe Baazar Style Retail Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Aug 2024 and closes 03 Sep 2024. Min investment: ₹14,782 (1 lot = 38 shares). UPI mandate: 2024-09-03.

How many times Baazar Style Retail Ltd. IPO subscribed?

The Baazar Style Retail Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Baazar Style Retail Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Sep 2024. Refunds: on 05 Sep 2024.

When Baazar Style Retail Ltd. IPO will be listed?

The Baazar Style Retail Ltd. IPO listing date is 06 Sep 2024, Friday. Listed on: NSE & BSE. Issue price: ₹389. Estimated listing: ₹389. GMP: NIL.

When Baazar Style Retail Ltd. IPO close?

The Baazar Style Retail Ltd. IPO closes on 03 Sep 2024, Tuesday. UPI mandate: 2024-09-03. Allotment: 04 Sep 2024. Listing: 06 Sep 2024.