31 Mar 2024
Assets1,165.97
Total Income982.83
Profit After Tax21.94
NET Worth212.56
Reserves and Surplus180.20
Total Borrowing178.23
At a glance
Updated 2026-08-24Baazar Style Retail is a Mainboard IPO with an issue size of ₹834.68 crore, proposed for listing on BSE, NSE. The offer opens on 30th Aug 2024 and closes on 3rd Sep 2024. The issue structure includes a fresh issue of ₹148.06 crore and an offer-for-sale component of ₹686.62 crore. The current listing schedule points to 6th Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹834.68 Cr
Fresh issue₹148.06 Cr
Offer for sale₹686.62 Cr
Face value₹5
Price band₹370.00–₹389.00
Allotment4th Sep 2024
Listing6th Sep 2024
Grey market
GMP page ↗Latest GMP₹33.00
GMP / upper price8.48%
Est. listing₹422.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Aug 2024
Closes3rd Sep 2024
Allotment4th Sep 2024
Refund5th Sep 2024
Demat5th Sep 2024
Listing6th Sep 2024
Subscription demand
Full bidding ↗Retail40.63×
Total40.63×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 38 | ₹14,782 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and | ₹146.00 Cr |
| General corporate purposes | ₹28.99 Cr |
Financials
Full financials ↗Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 10.74% |
| ROCE | 18.39% |
| Debt / Equity | 0.76% |
| RoNW | 10.32% |
| PAT Margin | 2.23% |
| Price to Book Value | 12.78 |
Valuation & shareholding
Pre-IPO EPS3.10
Post-IPO EPS2.94
Pre-IPO P/E125.54
Post-IPO P/E132.28
Promoter holding pre55.03%
Promoter holding post45.56%
Market cap₹2902.55 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission, as applicable) | ₹27.09 Cr |
| Commission/processing fee for SCSBs, Banker(s) to the Offer and fee payable to the Sponsor Bank for Bids made by RIIs and Eligible Employees. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs(1)(2)(3)(4)(5) | ₹2.58 Cr |
| Fees payable to Registrar to the Offer | — |
| Fees payable to other advisors to the Offer (including statutory auditors^, industry expert^ and independent chartered accountant^) | ₹1.65 Cr |
| Others: | — |
| (i) Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses; | ₹4.73 Cr |
| (ii) Printing and distribution of stationery | ₹1.39 Cr |
| (iii) Fees payable to legal counsel; | ₹4.88 Cr |
| (iv) Advertising and marketing expenses; and | ₹4.89 Cr |
| (v) Miscellaneous. | ₹2.28 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- JM Financial Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.