Baazar Style Retail IPO vs Premier Energies IPO

Comparison between Baazar Style Retail IPO and Premier Energies IPO.

IPO Details

Baazar Style Retail IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Premier Energies IPO is ₹450.00 per share.

 Baazar Style Retail IPOPremier Energies IPO
Face Value₹5 per share₹1 per share
Issue Price (Lower)₹370.00 per share₹427.00 per share
Issue Price (Upper)₹389.00 per share₹450.00 per share
Issue Price (Final)₹389.00 per share₹450.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹35.00 per share₹22.00 per share
Market Lot Size38 shares33 shares
Fresh Issue Size38,06,387 shares2,87,09,200 shares
Fresh Issue Size (Amount)up to ₹148.06 Crup to ₹1,291.68 Cr
OFS Issue Size1,76,52,320 shares3,42,00,000 shares
OFS Issue Size (Amount)up to ₹686.62 Crup to ₹1,538.72 Cr
Issue Size Total2,14,58,707 shares6,29,09,200 shares
Issue Size Total (Amount)up to ₹834.68 Crup to ₹2,830.40 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of Baazar Style Retail IPO and Premier Energies IPO is Sep 03, 2024, and Aug 29, 2024, respectively.

 Baazar Style Retail IPOPremier Energies IPO
Anchor Bid DateAug 29, 2024Aug 26, 2024
Issue OpenAug 30, 2024Aug 27, 2024
Issue CloseSep 03, 2024Aug 29, 2024
Basis Of Allotment (Tentative)Sep 04, 2024Aug 30, 2024
Initiation of Refunds (Tentative)Sep 05, 2024Sep 02, 2024
Credit of Share (Tentative)Sep 05, 2024Sep 02, 2024
Listing date (Tentative)Sep 06, 2024Sep 03, 2024
Anchor Lockin End date 1Oct 03, 2024Sep 28, 2024
Anchor Lockin End date 2Dec 02, 2024Nov 27, 2024

Financials & KPIs

Baazar Style Retail IPO P/E ratio is 125.54, as compared to Premier Energies IPO P/E ratio of 82.09.

 Baazar Style Retail IPOPremier Energies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2024
Assets1,165.97
Total Income982.83
Profit After Tax21.94
NET Worth212.56
Reserves and Surplus180.20
Total Borrowing178.23
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202421 Mar 202431 Mar 202331 Mar 2022
Assets3,735.503,554.132,110.691,341.49
Total Income1,668.793,171.311,463.21767.03
Profit After Tax198.16231.36-13.34-14.41
NET Worth26.9636.49-0.24-0.51
Reserves and Surplus255.73455.76224.40209.20
Total Borrowing1,200.161,392.24763.54453.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.0370.33
Promoter Shareholding (Post-Issue)45.5664.25
P/E Ratio125.5482.09
Market Cap₹2902.55 Cr.₹20284.33 Cr.
ROE10.74%43.73%
ROCE18.39%25.65%
Debt/Equity0.761.86
EPS₹3.10₹5.48
RoNW10.32%37.46%

Shares Offered

In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in Premier Energies IPO retail investors are offered 75,00,934 shares. Qualified Institutional Buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 1,25,35,111 shares in Premier Energies IPO.

 Baazar Style Retail IPOPremier Energies IPO
Anchor Investor Reservation64,29,372 shares1,88,02,666 shares
Market Maker Reservation
QIB42,86,248 shares1,25,35,111 shares
NII32,14,686 shares94,01,334 shares
RII75,00,934 shares2,19,36,445 shares
Employee28,248 shares2,33,644 shares
Others
Total2,14,59,488 shares6,29,09,200 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas Premier Energies IPO subscribed 75.00x.

 Baazar Style Retail IPOPremier Energies IPO
QIB (times)81.83x212.42x
NII (times)59.41x50.98x
Big NII (times)69.27x58.00x
Small NII (times)39.68x36.96x
RII (times)9.07x7.44x
Employee (times)35.08x11.32x
Other (times)
Total (times)40.63x75.00x

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Baazar Style Retail IPO Vs Premier Energies IPO