Baazar Style Retail Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 10,715,620 (50%) | — | ₹41,684 Cr |
| NII (HNI) | — | 3,214,686 (15%) | — | ₹12,505 Cr |
| Retail | — | 7,500,934 (35%) | — | ₹29,179 Cr |
| Employee | — | 28,248 (0%) | — | ₹11 Cr |
| Σ Total | — | 21,459,488 (100%) | — | ₹834,774 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,782 |
| Retail (Max) | 13 | 494 | ₹192,166 |
| S-HNI (Min) | 14 | 532 | ₹206,948 |
| B-HNI (Min) | 67 | 2,546 | ₹990,394 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2024 |
|---|---|
| Revenue | 983 |
| Profit After Tax | 22 |
| Net Worth | 213 |
| Total Assets | 1,166 |
| Reserves & Surplus | 180 |
| Total Borrowing | 178 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and –
- General corporate purposes. –
Company Overview
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.