Baazar Style Retail Limited

Company Profile
Company Name Baazar Style Retail Limited
Open Date 30-08-2024
Close Date 03-09-2024
Exchange BSE, NSE
Lot Size 38 Shares
Issue Price ₹370 to ₹389 per share
Issue Size 2,14,56,947 shares
Application Amount ₹ 14,782 – ₹ 1,92,166 (38 to 494 shares)
Recommendation Avoid

Baazar Style Retail Limited was originally incorporated as “Dwarkadas Mohanlal Private Limited” on June 03, 2013. The registered office is located at Kolkata, West Bengal. The company offers apparel for men, women, boys, girls, and infants and general merchandise such as non-apparels and home furnishing products. The company is operating in the states of West Bengal and Odisha. The company had 2,616 permanent employees as of March 31, 2024.

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 551.12 787.90 972.88
EBITDA 68.35 101.48 142.16
Net Profit -8.01 5.10 21.94
RoCE 3.46% 7.23% 10.01%
ROE -5.57% 2.64% 10.20%
P/E - 511.84 123.89

Tentative Timeline

Opening Date 30/08/2024
Closing Date 03-09-2024
Basis of Allotment 04-09-2024
Initiation of Refunds 05-09-2024
Credit of Shares to Demat 05-09-2024
Listing Date 06-09-2024

Objects of the Issue

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

Contact Information

Registered Office Baazar Style Retail Limited 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/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email baazarstyle.ipo@jmfl.com
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 55.03%
Share Holding Post Issue (Promoters) 28.56%

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