About
Style Bazaar 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.
Baazar Style Retail IPO Details
| IPO Date | August 30, 2024 to September 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | ₹370 to ₹389 per share |
| Lot Size | 38 Shares |
| Total Issue Size | 21,456,947 shares (aggregating up to ₹834.68 Cr) |
| Fresh Issue | 3,804,627 shares (aggregating up to ₹148.00 Cr) |
| Offer for Sale | 17,652,320 shares of ₹5 (aggregating up to ₹686.68 Cr) |
| Employee Discount | Rs 35 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 70,810,966 |
| Share holding post issue | 74,615,593 |
Baazar Style Retail IPO Timeline (Tentative Schedule)
Baazar Style Retail IPO opens on August 30, 2024, and closes on September 3, 2024.
| IPO Open Date | Friday, August 30, 2024 |
| IPO Close Date | Tuesday, September 3, 2024 |
| Basis of Allotment | Wednesday, September 4, 2024 |
| Initiation of Refunds | Thursday, September 5, 2024 |
| Credit of Shares to Demat | Thursday, September 5, 2024 |
| Listing Date | Friday, September 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 3, 2024 |
Baazar Style Retail Limited 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
|
||||||||||
Baazar Style Retail IPO Subscription Status
| Category | Subscription (times) |
|---|---|
| QIB | 0.70 |
| NII | 0.47 |
| bNII (bids above ₹10L) | 0.38 |
| sNII (bids below ₹10L) | 0.65 |
| Retail | 0.85 |
| Employee | 6.26 |
| Total | 0.73 |
Total Application : 140,544 (0.71 times)
Baazar Style Retail Limited Contact Details
P S Srijan Tech Park, DN-52, 12th Floor,
Street Number 11, DN Block, Sector V, Salt Lake
North 24 Parganas, Kolkata, – 700091
Phone: +91 3361256125
Email: secretarial@stylebaazar.com
Website: https://stylebaazar.in/
Baazar Style Retail IPO Registrar
Phone: +91-22-4918 6270
Email: baazarstyle.ipo@jmfl.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
