What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Bazaar Style Retail Limited IPO?

Based on the upper price band of ₹389 and current GMP of ₹33, the estimated listing price is ₹422 (approx. 8.5% gain).

What is the expected profit per lot for Bazaar Style Retail Limited IPO?

With a lot size of 38 shares and current GMP of ₹33, expected profit per retail application lot is approximately ₹1,254.

IPO GreyPremiumLIVE

Grey Market Intelligence

Bazaar Style Retail Limited

ListedMainboard

Consumer Discretionary / Retail · NSE / BSE

Incorporated in June 2013, Bazaar Style Retail Limited is a leading fashion retailer operating across West Bengal, Odisha, and eight other states, including Bihar, Assam, Jharkhand, Andhra Pradesh, Uttar Pradesh, Tripura, and Chhattisgarh. The company offers a wide range of apparel for men, women, boys, girls, and infants, along with general merchandise such as non-apparel items and home furnishings. As of March 31, 2024, Bazaar Style Retail runs 162 stores averaging 9,046 sq. ft. each, supported by trained staff to enhance the family-oriented shopping experience. The company leverages a skilled in-house marketing team of 13 personnel and a design and merchandising team of 57 experts, delivering stylish, regionally tailored merchandise aligned with current market trends while maintaining affordability for all customers.

Price Band

₹370 – ₹389

Issue Size

₹835 Cr

Lot Size

38 shares

GMP

₹33

+8.5%

Est. Listing

₹422

at current GMP

Subscribed

40.66x

overall

Open

30 Aug 2024

3 Sep 2024

Allotment

4 Sep 2024

Refund

5 Sep 2024

Demat Credit

6 Sep 2024

Listing

6 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Bazaar Style Retail Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹33+8.5%

Issue Price (Upper)

₹389

Band: ₹370 – ₹389

Estimated Listing Price

₹422

Upper price + GMP

Lot Size

38 shares

Min investment ₹14,782

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹33	8.5%	₹422
30 Oct 2026	+₹33	8.5%	₹422
29 Oct 2026	+₹30	7.6%	₹419

About Bazaar Style Retail Limited Public Issue & Market Profile

Bazaar Style Retail Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Retail sector with an aggregate issue size of ₹834.68 Crores. The shares are offered at a price band of ₹370 to ₹389 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2024-09-03, the basis of allotment is scheduled to be finalized on 2024-09-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Bazaar Style Retail Limited IPO GMP today?

The latest grey market premium for Bazaar Style Retail Limited IPO is ₹33, which indicates an expected listing price of ₹422.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.