87  Total SME IPOs listed in 2025

3,963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

Baazar Style Retail IPO (Baazar Style Retail Limited IPO) Detail

Baazar Style Retail IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 834.68 Cr. The company is based in Kolkata and caters to Textiles sector. Intensive Fiscal Services , Axis Capital , Jm Financial are the merchant bankers of Baazar Style Retail IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th March 2024.

Baazar Style Retail IPO open date is 30th August 2024 and close date is 3rd September 2024. IPO Allotment Date is 4th September 2024 and Listing date is 6th September 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 834.68 Cr. Avg IPO Size (Sector Based) : ₹ 593.05 cr.
  • Sector: Textiles IPO so far: 25
  • Merchant Banker: Intensive Fiscal IPO by BRLM so far: 12
  • City: Kolkata IPO so far: 29
  • Revenue (annualised): ₹ 982.83 cr.
            PAT: (annualised): ₹ 21.94 cr. Read Financial Information >>
  • PE Ratio: 132.28x Average Sector PE Ratio: 13.10x

Baazar Style Retail IPO Date

Date of DRHP:
15th March 2024
IPO Open Date:
30th August 2024
IPO Close Date:
3rd September 2024
IPO Allotment Date:
4th September 2024
Initiation of Refund:
5th September 2024
IPO Listing Date:
6th September 2024

Baazar Style IPO Info, Size, Subscription

Baazar Style Retail IPO size is ₹ 834.68 Cr. with IPO price of ₹ 389.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 834.68 Cr.

Issue Price:
₹ 389.00

Market Capitalisation :
₹ 2902.55 Cr.

PE multiple :
132.28

Subscription :
40.63 times

Pre Issue Promoter Holding :
55.03 %

Post Issue Promoter Holding :
45.60 %

Baazar Style Retail IPO Information

Sub Sector : Fashion retailer operating
Baazar Style Retail Limited is a value fashion retailer with a leadership position in the organized value retail market in the states of West Bengal and Odisha, as reported by The Technopark Report. Between 2017 and 2023, it was the fastest-growing value retailer in terms of both store count and revenue from operations, surpassing competitors like V2 Retail Limited and V-Mart Retail Limited. The company holds the largest retail footprint in Eastern India when compared to these listed value retailers as of Fiscal 2023. As of December 31, 2023, the company operates 153 stores across 1.39 million square feet in 140 cities, primarily under the brand name ‘Style Bazaar’. Over the years, the brand has developed a strong customer loyalty and recognition due to
Show More

Object of Issue (Baazar Style IPO Objectives)

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
  • General Corporate Purposes

Intensive Fiscal Services Private Limited is the book-running lead manager of the Baazar Style Retail IPO. Link Intime India Private Limited is the Registrar for Baazar Style Retail IPO.

Baazar Style Retail IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Baazar Style Retail IPO?

Baazar Style Retail IPO, based in Kolkata, operates in the   Textiles sector with a focus on Fashion retailer operating. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Baazar Style Retail IPO size is ₹ 834.68 Cr. with fresh issue size of ₹ 148.00 Cr. and Offer for sale being ₹ 686.68Cr.

When is Baazar Style IPO allotment?

The IPO allotment date for Baazar Style Retail IPO is expected to be 4th September 2024, after the finalization of basis of allotment. Investors can check Baazar Style Retail IPO allotment status on the registrars website, Link Intime India Private Limited . Baazar Style Retail IPO refund dates are 5th September 2024.

When is Baazar Style Retail IPO listing date?

Baazar Style Retail IPO is expected to be listed on 6th September 2024.

What is the price band for Baazar Style IPO?

The upper price band for the Baazar Style Retail IPO is set at ₹ 389.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Baazar Style Retail IPO Review?

For IPO analysis on Baazar Style Retail IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Baazar Style Retail IPO?

To apply for the Baazar Style Retail IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd September 2024. After submission, funds are blocked until the basis of allotment of Baazar Style Retail IPO is finalised.

Who is the merchant banker of Baazar Style IPO?

The merchant banker for Baazar Style Retail IPO is Intensive Fiscal Services Private Limited , Axis Capital Limited , Jm Financial Limited . Intensive Fiscal Services Private Limited , Axis Capital Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Baazar Style Retail IPO RHP for further details.

Who is the Registrar of Baazar Style Retail IPO?

The registrar for Baazar Style Retail IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Baazar Style Retail IPO through their official website or helpline.

What is the Baazar Style Retail IPO subscription?

Baazar Style Retail IPO was subscribed 40.63 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Aris Infra Solutions Limited

  Infrastructure

  Mumbai


Oswal Pumps Limited

  Solar

  Karnal


Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Baazar Style Retail IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Baazar Style Retail Financial Review Page

Baazar Style Retail IPO subscription was 40.63 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Baazar Style Retail IPO listed at a listing price of 399.65 against the offer price of 389.00.

The current market price of Baazar Style Retail is 289.15.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency