Baazar Style Retail IPO

Baazar Style Retail Limited's IPO is worth INR 834.68 crores, with a fresh issue of 0.38 crore shares for INR 148 crores and an offer to sell 1.77 crore shares for INR 686.68 crores.

Important Details

Open Date : August 30, 2024 Close Date : September 3, 2024 Allotment Date: September 4, 2024 Listing Date: September 6, 2024

Important Details

IPO Price: INR 370-389 per share Lot Size: 38 Shares Total Issue Size: INR 834.68 crores

Fundamental Analysis

Baazar Style Retail IPO shows mixed performance: 1. Consistent revenue growth. 2. Rising equity and liabilities. 3. Improved profitability, EPS, and RoNW. 4. Liquidity challenges and high debt-equity ratio.

Peer Comparison

1. Outperforms competitors in EPS and RoNW. 2. V-Mart Retail Limited has negative profitability. 3. V2 Retail Limited shows moderate earnings and RoNW.

Objective

Baazar Style Retail Limited aims to prepay or repay a portion of its outstanding borrowings.

Risks And Challenges

Baazar Style Retail IPO Risks: 1. Concentration in Eastern India. 2. Reliance on apparel. 3. Challenges with private label brands. 4. Success depends on managing competition and effective branding.