Baazar Style Retail IPO Subscription Details

Bookbuilding IPO | ₹835 Cr | Listed at BSE, NSE | Fri, Aug 30, 2024 - Tue, Sep 3, 2024

Basis of Allotment - Baazar Style Retail IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)42,86,24864,29,3721,07,15,62010,71,56221,43,12432,14,68675,00,93428,2482,14,59,488
Allotment price (Rs.)389389389389389389389354389
No.of applications812810978,43156,1691,34,60015,11,8659916,46,673
No.of shares applied34,92,19,31677,91,63435,70,10,9504,31,86,08814,81,91,79219,13,77,8807,02,39,04819,57061,86,47,448
Amount collected (Rs.cr.)13,584.63 303.09 13,887.73 1,679.94 5,764.66 7,444.60 2,732.30 0.69 24,063.41
No.of times subscribed81.471.2133.3240.3069.1559.539.360.6928.83
No.of shares allotted42,90,19664,29,3721,07,19,56810,71,95721,43,91432,15,87175,03,69819,5702,14,58,707
Amount (Rs.cr.)166.89 250.10 416.99 41.70 83.40 125.10 291.89 0.69 834.68
No.of allottees81281092,0144,0296,0431,97,465992,03,716

IPO Shares Offered

Baazar Style Retail IPO is a public issue of 2.15 Cr equity shares. The issue offers 0.75 Cr shares to retail investors, 1.07 Cr shares to qualified institutional buyers, and 0.32 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,07,15,620416.84 49.93%
    Anchor 64,29,372 250.10 29.96%
    QIB (Ex Anchor) 42,86,248 166.74 19.97%
NII 32,14,686125.05 14.98%
    bNII (> ₹10L)21,43,12483.37 9.99%
    sNII (< ₹10L)10,71,56241.68 4.99%
Retail75,00,934291.79 34.95%
Employee28,2481.10 0.13%
Total2,14,59,488834.77 100%

Baazar Style Retail IPO Anchor Investor Allocation

A total of 64,29,372 shares at a price of Rs 389 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 29, 2024
Anchor investor price₹389.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days32,14,686
No. of shares locked-in for 90 days32,14,686
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC NON-CYCLICAL CONSUMER FUND HDFC MUTUAL FUND 2,57,032 10.00 4.00 1.20
2 HDFC VALUE FUND HDFC MUTUAL FUND 2,57,070 10.00 4.00 1.20
3 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 3,32,234 12.92 5.17 1.55
4 WHITEOAK CAPITAL ELSS TAX SAVER FUND WHITEOAK CAPITAL MUTUAL FUND 20,862 0.81 0.32 0.10
5 WHITEOAK CAPITAL MULTI CAP FUND WHITEOAK CAPITAL MUTUAL FUND 1,07,692 4.19 1.68 0.50
6 VOLRADO VENTURE PARTNERS FUND IV GAMMA VOLRADO 4,60,788 17.92 7.17 2.15
7 HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES HSBC 4,60,788 17.92 7.17 2.15
8 ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ ASIAN SMALL CAP EQUITY ALLIANZ 4,60,788 17.92 7.17 2.15
9 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 4,60,788 17.92 7.17 2.15
10 AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WANDA) AL MEHWAR COMMERCIAL INVESTMENTS LLC 4,60,788 17.92 7.17 2.15
11 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 1,60,740 6.25 2.50 0.75
12 BANDHAN LARGE & MID CAP FUND BANDHAN MUTUAL FUND 1,50,024 5.84 2.33 0.70
13 BANDHAN BALANCED ADVANTAGE FUND BANDHAN MUTUAL FUND 1,50,024 5.84 2.33 0.70
14 MOTILAL OSWAL LARGE CAP FUND MOTILAL OSWAL MUTUAL FUND 2,30,394 8.96 3.58 1.07
15 MOTILAL OSWAL BUSINESS CYCLE FUND MOTILAL OSWAL MUTUAL FUND 2,30,394 8.96 3.58 1.07
16 HSBC FLEXI CAP FUND HSBC MUTUAL FUND 3,26,496 12.70 5.08 1.52
17 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 3,08,446 12.00 4.80 1.44
18 OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST OPTIMIX 2,57,070 10.00 4.00 1.20
19 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 1,79,968 7.00 2.80 0.84
20 BANK OF INDIA LARGE CAP FUND BANK OF INDIA MUTUAL FUND 1,28,554 5.00 2.00 0.60
21 HELIOS FLEXI CAP FUND HELIOS MUTUAL FUND 1,28,554 5.00 2.00 0.60
22 TRUST MF FLEXI CAP FUND TRUST MUTUAL FUND 1,28,554 5.00 2.00 0.60
23 3P INDIA EQUITY FUND I 3P INDIA 1,28,554 5.00 2.00 0.60
24 JULIUS BAER INDIA EQUITY FUND I JULIUS BAER 1,28,554 5.00 2.00 0.60
25 RELIANCE GENERAL INSURANCE CO.LTD. RELIANCE GENERAL INSURANCE 1,28,554 5.00 2.00 0.60
26 VERITION MULTI-STRATEGY MASTER FUND LTD. VERITION 1,28,554 5.00 2.00 0.60
27 LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 LC PHAROS 1,28,554 5.00 2.00 0.60
28 SOCIETE GENERALE-ODI SOCIETE GENERAL 1,28,554 5.00 2.00 0.60
64,29,372250.1010029.96

IPO Subscription FAQs

The Baazar Style Retail IPO is subscribed 40.63 times by Sep 03, 2024 18:19.

Baazar Style Retail IPO Subscription

Investor Category Subscription (times)
Qualified Institutional81.83
Non Institutional59.41
Retail Individual9.07
Employee Reservations35.08
Total Subscription40.63

Retail category of Baazar Style Retail IPO subscribed 9.07 times as of date Sep 03, 2024 18:19. The public issue closes on Tue, Sep 3, 2024 for bidding.

An investor can apply in Baazar Style Retail IPO online via bank (using ASBA) or the broker (using UPI). The Baazar Style Retail IPO shares are offered online only.

The Baazar Style Retail IPO is subscribed 40.63 times by Sep 03, 2024 18:19.

The Baazar Style Retail IPO allotment status is expected on or around Wednesday, September 4, 2024. Visit Baazar Style Retail IPO allotment status to check.

The Baazar Style Retail IPO listing date is September 6, 2024. The equity share of Baazar Style Retail IPO will list on BSE, NSE.

Visit Baazar Style Retail IPO subscription status page for real-time bidding information about Baazar Style Retail IPO.

Baazar Style Retail IPO Timetable

IPO opens OnFriday, August 30, 2024
IPO Closes OnTuesday, September 3, 2024
Finalisation of Basis of AllotmentWednesday, September 4, 2024
Initiation of RefundsThursday, September 5, 2024
Credit of Shares to Demat AccountThursday, September 5, 2024
IPO Listing DateFriday, September 6, 2024
Open an Instant Account with Zerodha