Bazaar Style Retail Limited
ListedMainboardConsumer 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
Close
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
Overall Subscription
40.66x
Total Demand
QIB Multiplier
81.83x
Institutions & Funds
NII / HNI
59.43x
High Net-Worth
Retail (RII)
9.12x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,286,248 | 350,722,938 | 81.83x |
| NIB | 3,214,686 | 191,037,172 | 59.43x |
| HNIs(10L +) | 2,143,124 | 148,447,494 | 69.27x |
| HNIs (2-10L) | 1,071,562 | 42,589,678 | 39.75x |
| RETAIL | 7,500,934 | 68,388,144 | 9.12x |
| EMPLOYEES | 28,248 | 999,134 | 35.37x |
| Total | 18,244,802 | 802,184,560 | 40.66x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 4,028 | 56,307 | 13.98x |
| HNIs (2-10L) | 2,014 | 77,880 | 38.67x |
| RETAIL | 197,393 | 1,483,741 | 7.52x |
| Total Applications | 203,435 | 1,617,928 | 7.95x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 (GMP) for Bazaar Style Retail Limited IPO is ₹33 per equity share. Based on the upper price band of ₹370 to ₹389 per equity share, the estimated listing price is ₹422 (+8.5% expected listing 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, the expected profit per application lot is approx ₹1,254 (+8.5% gain). Minimum application cost is approx ₹14,782.
What is the issue size and price band for Bazaar Style Retail Limited IPO?
The Bazaar Style Retail Limited IPO aggregate issue size is ₹834.68 Crores with an equity price band set at ₹370 to ₹389 per equity share. The retail lot size is 38 shares requiring a minimum capital outlay of approx. ₹14,782.
How can I check Bazaar Style Retail Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 40.66x (Retail: 9.12x, QIB: 81.83x, NII: 59.43x). You can track live multiples directly on our dedicated subscription page.
Where and when will Bazaar Style Retail Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-09-04. Investors can verify status using PAN card or application number.
When is the listing date for Bazaar Style Retail Limited IPO?
Bazaar Style Retail Limited shares are scheduled to list on NSE and BSE on 2024-09-06.