Baazar Style Retail Limited is a fashion retailer in West Bengal and Odisha that sells apparel, non-apparel, and home furnishing products.
Baazar Style Retail IPO raises a total of Rs 834.68 crores by combining the fresh issue of 0.38 crore shares with the offer to sell 1.77 crore shares.
Baazar Style Retail IPO bid began on August 30, 2024, and is set to close on September 3, 2024, with the final allotment expected on September 4, 2024.
With a provisional listing date of September 6, 2024, the Baazar Style Retail IPO is scheduled to list on the BSE and NSE.
Baazar Style Retail IPO offers prices ranging from ₹370 to ₹389 per share, with a minimum lot size of 38 shares and a minimum investment of ₹14,782.
The company plans to use its Net proceeds to repay outstanding borrowings and fund general corporate purposes.