New Delhi: Rekha Jhunjhunwala-backed Baazar Style Retail IPO subscription, which opened on August 30, 2024, will close on September 3, 2024. The IPO worth Rs 834.68 crore comprises 38 lakh freshly issued shares and 1.77 crore shares as part of an offer for sale. Baazar Style Retail IPO price band was set at Rs 370-389 apiece with a minimum lot size of 38 shares worth Rs 14,782.
Book running leads managers on the IPO include:
Axis Capital
Intensive Fiscal Services
JM Financial
Link Intime India is the registrar for Baazar Style Retail IPO.
Baazar Style Retail IPO GMP
Baazar Style Retail IPO GMP stood at Rs 58 apiece on September 3, 2024, at the time of writing. This indicates a listing price of Rs 447 apiece for the company, marking a 14.91 per cent premium over the IPO price. Baazar Style Retail IPO GMP is down from Rs 65 apiece seen on September 2, 2024, according to Investorgain.
Baazar Style Retail IPO Subscription Status
Baazar Style Retail IPO Subscription Status stood at 72X, at the time of writing of the final day of the subscription period. Baazar Style Retail IPO’s retail portion was subscribed 11.55X. NII investors subscribed to the IPO 6.52X and QIB investors subscribed to the IPO 4.37X of the shares on offer.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Baazar Style Retail IPO closes on September 3, 2024. The Rekha Jhunjhunwala backed IPO was subscribed 72 per cent on Day 3. Check GMP, subscription status Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
