Baazar Style Retail IPO GMP Today, Baazar Style Retail IPO Grey Market Premium Updates |Baazar Style Retail IPO, Latest target, Opening gain
As of March 31, 2024, the stores averaged 9,046 square feet and were staffed by trained employees to enhance customer experience.
As of March 31, 2024, the company has expanded across 9 states and operates 162 stores. The company operates in Odisha, Bihar, Assam, Jharkhand, Andhra Pradesh, Uttar Pradesh, Tripura, and Chhattisgarh.
Baazar Style Retail IPO Details:
| Issuer | Baazar Style Retail IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: August 30 2024 | |
| Issue Closes: September 3 2024 | ||
| Price Brand | ₹370 to ₹389 per share | |
| Issue Size | ₹834.68 Cr | |
| Face Value | ₹5 per share | |
| Market Lot | 38 Shares | |
| Retail (Max) | ₹1,92,166 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 21,456,947 shares | |
| UPCOMING IPO 2024 | Best sites for stock market |
| Best Stock Trading Apps 2024 | Best book for stock market beginners |
Baazar Style Retail IPO GMP Rates day by day
Baazar Style Retail IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 38 | 14,782 |
| Retail (Max) | 13 | 494 | 192,166 |
| S-HNI (Min) | 14 | 532 | 206,948 |
| S-HNI (Max) | 67 | 2,546 | 990394 |
| B-HNI (Min) | 68 | 2,584 | 1,005,176 |
Baazar Style Retail IPO Date, Allotment & Listing:
| Baazar Style Retail IPO Opening Date: | August 30, 2024 |
| Baazar Style Retail IPO Closing Date: | September 3, 2024 |
| Basis of Allotment: | September 4, 2024 |
| Initiation of Refunds: | September 5, 2024 |
| Credit to Demat Account: | September 5, 2024 |
| Listing Date: | September 6, 2024 |
Baazar Style Retail Financial Information (Restated Consolidated)
| Period Ended | 31 Mar 2024 | |||||||||
| Assets | 1,165.97 | |||||||||
| Revenue | 982.83 | |||||||||
| Profit After Tax | 21.94 | |||||||||
| Net Worth | 212.56 | |||||||||
| Reserves and Surplus | 180.2 | |||||||||
| Total Borrowing | 178.23 | |||||||||
| Amount in ₹ Crore | ||||||||||
Key Performance Indicator
The market capitalization of Baazar Style Retail IPO is Rs 2902.55 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 10.74% |
| ROCE | 18.39% |
| Debt/Equity | 0.76 |
| RoNW | 10.32% |
| P/BV | 12.78 |
| PAT Margin (%) | 2.23 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.1 | 2.94 |
| P/E (x) | 125.54 | 132.28 |
Objects of the Issue (Baazar Style Retail IPO Objectives)
The company proposes to utilize the Net Proceeds towards funding the following objects (collectively, referred to as the “Objects”):
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and
- General corporate purposes.
Baazar Style Retail IPO ALLOTMENT STATUS
How to Apply for Baazar Style Retail IPO?
If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.
How to Apply Baazar Style Retail IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Baazar Style Retail”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Baazar Style Retail IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Baazar Style Retail”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Baazar Style Retail IPO is a main-board initial public offering of 21,456,947 Equity shares of the face value of ₹5 aggregating up to ₹834.68 Crores. The issue price of the IPO is ₹370 to ₹389 Per Equity Share. The minimum order quantity is 38 Shares per application and the offer type is Book Built Issue. The IPO opens on August 30, 2024 and closes on September 3, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Baazar Style Retail IPO opens on August 30, 2024 and closes on September 3, 2024.
You can apply in Baazar Style Retail IPO online using either UPI or ASBA as payment method. Axis Capital Limited, Intensive Fiscal Services Private Limited and Jm Financial Limited are the book running lead managers of the Baazar Style Retail IPO, while Link Intime India Private Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Baazar Style Retail IPO will be done on September 4, 2024, and the allotted shares will be credited to your demat account by September 5, 2024.
Check the Baazar Style Retail IPO allotment status.
The Baazar Style Retail IPO listing date is not yet announced. The tentative date of Baazar Style Retail IPO listing is September 6, 2024.
Baazar Style Retail lot size is 38 Shares and the minimum order quantity is 1 Shares.