Baazar Style Retail Limited
Baazar Style Retail IPO is a book built issue of ₹834.68 Cr (8,34,67,52,383). The issue is a combination of fresh issue of 38.05 Lakh (38,04,627) shares aggregating to ₹148.00 Cr (1,47,99,99,903) and offer for sale of 1.77 Cr (1,76,52,320) shares aggregating to ₹686.68 Cr (6,86,67,52,480).
Baazar Style Retail IPO bidding started from Aug 30, 2024 and ended on Sep 03, 2024. The allotment for Baazar Style Retail IPO was finalized on Sep 04, 2024. The shares got listed on NSE, BSE on Sep 06, 2024.
Baazar Style Retail IPO price band is set at ₹370 to ₹389 per share. The minimum lot size for an application is 38 Shares. The minimum amount of investment required by retail investors is ₹14,060.
Refer to Baazar Style Retail IPO RHP for detailed information.
IPO date
Aug 30,2024 - Sep 03,2024
Listing Date
Sep 06,2024
Face value
₹5
Price Band
₹370 to ₹389 per share
Lot
₹38 Shares
Total Issue Size
2.15 Cr (2,14,56,947)
aggregating up to ₹834.68 Cr (8,34,67,52,383)
Fresh Issue
38.05 Lakh (38,04,627)
aggregating up to ₹148.00 Cr (1,47,99,99,903)
Offer for sale
1.77 Cr (1,76,52,320)
aggregating up to ₹686.68 Cr (6,86,67,52,480)
Issue Type
Book Building
IPO Type
Listing At
NSEBSE
Fri, Aug 30, 2024
IPO Open
Tue, Sep 03, 2024
IPO Close
Wed, Sep 04, 2024
Basis of Allotment
Thu, Sep 05, 2024
Initiation of Refunds
Thu, Sep 05, 2024
Credit of Shares to Demat
Fri, Sep 06, 2024
Listing
Baazar Style Retail IPO last GMP is ₹45, last updated Sep 05,2024. With the price band of 389.00, Baazar Style Retail IPO's estimated listing price is ₹434 (cap price + today's GMP).The expected percentage gain/loss per share is 11.57%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
05-Sep-24 | 389.00 | 45 | 434(11.57%) | 5-Sep-2024 16:53 |
04-Sep-24 | 389.00 | 58 | 447(14.91%) | 4-Sep-2024 23:26 |
03-Sep-24 | 389.00 | 65 | 454(16.71%) | 3-Sep-2024 23:29 |
02-Sep-24 | 389.00 | 65 | 454(16.71%) | 2-Sep-2024 23:32 |
01-Sep-24 | 389.00 | 85 | 474(21.85%) | 1-Sep-2024 23:31 |
31-Aug-24 | 389.00 | 95 | 484(24.42%) | 31-Aug-2024 23:31 |
30-Aug-24 | 389.00 | 126 | 515(32.39%) | 30-Aug-2024 23:28 |
29-Aug-24 | 389.00 | 130 | 519(33.42%) | 29-Aug-2024 23:32 |
28-Aug-24 | 389.00 | 125 | 514(32.13%) | 28-Aug-2024 23:27 |
27-Aug-24 | 389.00 | 141 | 530(36.25%) | 27-Aug-2024 23:25 |
26-Aug-24 | 389.00 | 141 | 530(36.25%) | 26-Aug-2024 23:24 |
25-Aug-24 | NA | 131 | 131(13100.00%) | 25-Aug-2024 23:24 |
24-Aug-24 | NA | 95 | 95(9500.00%) | 24-Aug-2024 23:25 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 38 | ₹14,782 |
Retail(Max) | 13 | 494 | ₹1.92 Lakh (1,92,166) |
SHNI(Min) | 14 | 532 | ₹2.07 Lakh (2,06,948) |
SHNI(Max) | 67 | 2,546 | ₹9.90 Lakh (9,90,394) |
BHNI(Min) | 68 | 2,584 | ₹10.05 Lakh (10,05,176) |
Investor Category | Shares Offered |
---|---|
Offered to QIB | 42.86 Lakh (42,86,248) |
Offered to NII | 32.15 Lakh (32,14,686) |
Offered to RII | 75.01 Lakh (75,00,934) |
Offered to Anchor Investor | 64.29 Lakh (64,29,372) |
Offered to Employees | 28,248 |
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.
Baazar Style Retail Limited
P S Srijan Tech Park, DN-52, 12th Floor,
Street Number 11, DN Block, Sector V, Salt Lake
North 24 Parganas, Kolkata, - 700091
Phone: +91 3361256125
Email: [email protected]
Website: https://stylebaazar.in/
The Promoters of the company are Pradeep Kumar Agarwal, Rohit Kedia, Shreyans Surana, Bhagwan Prasad, Rajendra Kumar Gupta, Sabita Agarwal, Rajendra Kumar Gupta (HUF) and Sri Narsingh Infrastructure Private Limited.