Baazar Style Retail Limited IPO GMP

Style Baazar has emerged as a go-to hotspot for fashion aficionados in search of trendy and affordable clothing. Alongside our exclusive brand, Express Baazar blends fashion with convenience through our “Quick Shop. One Stop.” philosophy.

Style Baazar, an Book Built Issue amounting to ₹834.67 crores, consisting an Fresh Issue of 3.80 Lakh Shares worth ₹148.00 Crores and an Offer for Sale of 17.65 Lakh Shares totaling to ₹686.67 Crores. The subscription period for the Style Baazar IPO opens on August 30, 2024, and closes on September 03, 2024. The allotment is expected to be finalized on or about Thursday, September 5, 2024, and the shares will be listed on the BSE NSE with a tentative listing date set on or about Friday, September 6, 2024.

The Share price BAND of Baazar Style IPO is set at ₹370 to ₹389 equity per share, with a minimum lot size of 38 shares. Retail investors are required to invest a minimum of ₹14,782, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (532 shares), amounting to ₹206,948.

JM Financial Limited, Intensive Fiscal Services Private Limited and Axis Capital Limited are the book-running lead manager, Link Intime India Private Limited is the registrar for the Issue.

Baazar Style Retail Limited IPO GMP Today
The Grey Market Premium of Baazar Style Limited IPO is expected in the range of ₹90 to ₹100 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Baazar Style Retail Limited IPO Live Subscription Status Today
As of 08:10 PM on 3rd September 2024, the Baazar Style Retail Limited IPO live subscription status shows that the IPO subscribed 40.66 times on its Last day of subscription period. Check the Baazar Style Retail Limited IPO Live Subscription Status Today at BSE.

Baazar Style Retail Limited IPO Allotment Status
Baazar Style IPO allotment date is 5th September, 2024, Thursday. Baazar Style IPO Allotment will be out on 5th September 2024 and will be live on Registrar Website from the allotment date. Check Baazar Style Retail Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Baazar Style Retail Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Baazar Style Retail Limited IPO
Baazar Style will not receive any proceeds from the Offer for Sale. The proceeds of the Offer for Sale shall be received by the Selling Shareholders and will not form part of the Net Proceeds. Each Selling Shareholder will be entitled to its respective portion of the proceeds of the Offer for Sale after deducting its respective proportion of the Offer expenses and relevant taxes thereon. 

Refer to Baazar Style Retail Limited RHP for more details about the Company.