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Open
30 Aug to 3 Sep, 2024
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Close
30 Aug to 3 Sep, 2024
3
Allotment
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Listing
Fri, Sep 6, 2024
Price Band
₹370 to ₹389
Issue Size
2,14,58,707 shares (agg. up to ₹835 Cr)
Lot Size
38 Shares
Listing Date
Fri, Sep 6, 2024
Latest GMP
₹33
Est. Gain
8.48%
✦ AI Insight
GMP Trend
06-09-2024₹33Est. ₹422+8.48%
05-09-2024₹33Est. ₹422+8.48%
04-09-2024₹58Est. ₹447+14.91%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 28.83x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 |
|---|---|
| Assets | 1,165.97 |
| Total Income | 982.83 |
| Profit After Tax | 21.94 |
| NET Worth | 212.56 |
| Reserves and Surplus | 180.20 |
| Total Borrowing | 178.23 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Credo Brands Marketing Ltd. | Mainboard | ₹549.78 Cr | ₹280 | 23.22 | ₹312.20 | +11.50% | ₹85.59 (-1.64%) |
| Sai Silks (Kalamandir) Ltd. | Mainboard | ₹1,201.00 Cr | ₹222 | 27.37 | ₹244.90 | +10.32% | ₹94.20 (-2.74%) |
| Fonebox Retail Ltd. | SME | ₹20.37 Cr | ₹70 | 32.18 | ₹210.00 | +200.00% | ₹73.00 (-1.68%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and | 146.00 |
| 2 | General corporate purposes | 28.99 |
About Baazar Style Retail IPO
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.+ Read More
Contact Details
Baazar Style Retail Ltd. AddressP S Srijan Tech Park, DN-52, 12th FloorStreet Number 11, DN Block, Sector V, Salt LakeNorth 24 ParganasKolkata, West Bengal, 700091+91 3361256125secretarial@stylebaazar.comVisit Website