Issue Price
₹389
Per Share
GMP
NIL
Grey Market
Est. Listing
₹389
Expected Price
Min. Application
₹29,564
2 lots × 38 shares
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.
Baazar Style Retail Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 21,459,488 | 100.00% | ₹834.77 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,782 |
| Retail (Max) | 13 | 494 | ₹192,166 |
| sNII (Min) | 14 | 532 | ₹206,948 |
| bNII (Min) | 68 | 2,584 | ₹1,005,176 |
| Particulars | 31 Mar 2024 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 982.83 | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 21.94 | N/A | N/A |
| Net Worth | 212.56 | N/A | N/A |
| Total Assets | 1165.97 | N/A | N/A |
| Reserves & Surplus | 180.20 | N/A | N/A |
| Total Borrowings | 178.23 | N/A | N/A |