Baazar Style Retail Limited IPO Overview
Company Background
Incorporated in June 2013, Baazar Style Retail Limited is a prominent fashion retailer with a strong presence in West Bengal and Odisha. The company specializes in offering a diverse range of apparel for men, women, boys, girls, and infants. In addition, it provides general merchandise such as non-apparel items and home furnishing products. Baazar Style Retail is dedicated to delivering a family-oriented shopping experience by offering stylish and quality products at affordable prices to the Indian consumer. Operational Footprint
As of March 31, 2024, Baazar Style Retail operated stores averaging 9,046 square feet in size, each staffed by well-trained employees to ensure an enhanced customer experience. The company's retail operations extend across several states, including Odisha, Bihar, Assam, Jharkhand, Andhra Pradesh, Uttar Pradesh, Tripura, and Chhattisgarh.
Objectives of the Issue
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
General corporate purposes.
Baazar Style Retail IPO: Key Details
IPO Dates: 30 Aug to 3 Sep, 2024
Price Band : ₹370 to ₹389 per share
Lot Size: 38 shares
Total Issue size: ₹834.68 Crores
Retail Quota: 35%
GMP: 15% ( For Informational purposes only )
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