Baazar Style Retail IPO

Baazar Style Retail Mall

About Baazar Style Retail

download Baazar Style Retail IPO

Looking for trendy clothes at affordable prices? Look no further than Bazaar Style Retail! This popular fashion chain has stores all over West Bengal and Odisha, making it easy to find your perfect outfit.

Why choose Bazaar Style Retail?

  • Great deals: They offer amazing prices on a wide range of clothes, from casual wear to party dresses.
  • Own brand clothes: Their own brand clothes are stylish and comfortable, perfect for everyday wear.
  • Lots of stores: With so many stores, you’re sure to find one near you.

What makes Bazaar Style Retail special?

  • Fast growth: They’ve grown really fast, especially in the last few years.
  • Lots of stores: They have a ton of stores all over Eastern India.
  • Own brands: They make their own clothes and stuff, which is pretty cool.
  • Famous investors: Some really big names in business have invested in them.

But there’s also some stuff to think about:

  • Mostly in the east: Most of their stores are in Eastern India.
  • Competition is tough: There are other fashion stores trying to be the best.
  • Stores are clustered: A lot of their stores are close together.
  • They rely on others for delivery: They don’t have their own delivery system.

Overall, Bazaar Style Retail is a pretty big deal in Eastern India. It’s got a lot going for it, but there are also some things to watch out for.

Note: Refer to Baazar Style Retail IPO RHP for detailed information.

Financials of Baazar Style Retail

Screenshot-2024-09-22-094946-1024x467 Baazar Style Retail IPO

Baazar Style Retail IPO Details

IPO DateAugust 30, 2024 to September 3, 2024
Listing DateSeptember 6, 2024
Face Value₹5 per share
Price Band₹370 to ₹389 per share
Lot Size38 Shares
Total Issue Size21,456,947 shares
(aggregating up to ₹834.68 Cr)
Fresh Issue3,804,627 shares
(aggregating up to ₹148.00 Cr)
Offer for Sale17,652,320 shares of ₹5
(aggregating up to ₹686.68 Cr)
Employee DiscountRs 35 per share
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue70,810,966
Share holding post issue74,615,593

Baazar Style Retail IPO Reservation

Investor CategoryShares Offered
Anchor Investor Shares Offered64,29,372 (29.96%)
QIB Shares Offered42,86,248 (19.97%)
NII (HNI) Shares Offered32,14,686 (14.98%)
  bNII > ₹10L21,43,124 (9.99%)
  sNII < ₹10L10,71,562 (4.99%)
Retail Shares Offered75,00,934 (34.95%)
Employee Shares Offered28,248 (0.13%)
Total Shares Offered2,14,59,488 (100%)

Baazar Style Retail IPO Subscription Status Live

Baazar Style Retail IPO subscribed 40.63 times. The public issue subscribed 9.07 times in the retail category, 81.83 times in QIB, and 59.41 times in the NII category by September 3, 2024 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions81.834,286,24835,07,22,93813,643.12
Non-Institutional Buyers59.413,214,68619,09,69,5327,428.71
  bNII (bids above ₹10L)69.272,143,12414,84,47,4945,774.61
  sNII (bids below ₹10L)39.681,071,5624,25,22,0381,654.11
Retail Investors9.077,500,9346,80,50,4762,647.16
Employees35.0828,2489,90,81238.54
Total40.6315,030,11661,07,33,75823,757.54

Baazar Style Retail IPO Subscription Details Day-wise

DateQIBNIIRetailEMPTotal
Day 1
August 30, 2024
0.700.470.856.260.73
Day 2
September 2, 2024
0.8411.663.8120.944.68
Day 3
September 3, 2024
81.8359.419.0735.0840.63

Baazar Style Retail IPO GMP & Listing

IPO NameAllotment PriceGMPExpected ListingListing PriceTotal Gains
Baazar Style Retail389334223890%

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