Baazar Style Retail IPO Date, Review, Price, Allotment Details

Baazar Style Retail IPO Details

Baazar Style Retail IPO Market Lot

The Baazar Style Retail IPO minimum market lot is 38 shares with ₹14,782 application amount. The retail investors can apply up-to 13 lots with 494 shares or ₹192,166 amount.

Baazar Style Retail IPO Dates

The Baazar Style Retail IPO date is August 30 and the close date is September 3. The Baazar Style Retail IPO allotment will be finalized on September 4 and the IPO listing on September 6.

Promoters of Baazar Style Retail

The promoters of the company are Pradeep Kumar Agarwal, Rohit Kedia, Shreyans Surana, Bhagwan Prasad, Rajendra Kumar Gupta, Rajendra Kumar Gupta (HUF), and Sri Narsingh Infrastructure Private Limited

About Baazar Style Retail

Baazar Style Retail Limited (Style Baazar) is a top value fashion retailer in West Bengal and Odisha, with the largest retail presence in Eastern India. From 2017 to 2023, it was the fastest-growing value retailer, with 153 stores spanning over 1.39 million square feet in 140 cities. As of December 31, 2023, the company operates 153 stores under the brand ‘Style Bazaar’, which has developed over the years through a wide range of products, resulting in strong customer loyalty and recognition. The company’s largest retail footprint in Eastern India is compared to Listed Value Retailers in Fiscal 2023.

The company offers a range of apparel and general merchandise for various age groups, including children and infants. The middle class, particularly the youth and young families that are conscious about fashion but also budget-conscious individuals, is the target of this organization. The company focuses on providing a family-friendly shopping experience while offering high-quality products at reasonable prices. It also expands into untapped markets by providing a diverse range of brands, apparel, and customized products. The company operates stores using a cluster-based expansion model, which improves supply chain and inventory management efficiencies, brand visibility, marketing expenditure optimization, and human resource utilization.

Baazar Style Retail Company Financial Report

The company reported revenue of ₹982.83 crores in 2024 against ₹794.39 crore in 2023. The company reported profit of ₹21.94 crores in 2024 against loss of ₹5.10 crores in 2023.

Amount ₹ in Crores

Baazar Style Retail IPO Valuation – FY2024

Check Baazar Style Retail IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company.
• General corporate purposes.

Baazar Style Retail IPO Review

• IPO Watch – Avoid
• Arihant Capital Markets – Apply
• Master Capital Services – Apply
• Canara Bank –
• DRChoksey FinServ – Apply
• Emkay Global –
• Hem Securities –
• IDBI Capital –
• Marwadi Shares –
• Nirmal Bang – Apply
• SBICAP Securities –
• Sharekhan –
• SMC Global –
• Sushil Finance –
• Swastika Investmart – Neutral
• Ventura Securities –
• Geojit –
• Reliance Securities –
• Capital Market –
• BP Wealth –
• ICICIdirect –
• Choice Broking –

Baazar Style Retail IPO Registrar

Link Intime India Private Ltd
Phone: +91 810 811 4949
Email: [email protected]
Website: https://linkintime.co.in/

IPO Lead Managers aka Merchant Bankers

• Axis Capital Limited
• Intensive Fiscal Services Private Limited
• JM Financial Limited

Company Address

Baazar Style Retail Limited (Style Baazar)
P S Srijan Tech Park, DN-52, 12th Floor,
Street Number 11, DN Block, Sector V, Salt Lake,
North 24 Parganas, Kolkata, – 700 091, West Bengal
Phone: (+91 33) 6125 6125
Email: [email protected]
Website: www.stylebaazar.in

Baazar Style Retail IPO FAQs