Baazar Style Retail (Baazar) IPO: All You Need To Know
Public Issue Buzzing With 9 Companies & 8 Listings
The Indian primary market is expected to remain active this week. Nine companies are set to launch their public issues, while eight companies are scheduled to list their shares. This activity is a sign of the continued strength of the Indian capital markets.
Baazar Style IPO Details
Company Overview:
Baazar Style Retail is a retail chain that operates in the value fashion segment. It offers a wide range of affordable and trendy apparel, accessories, and homeware products.
IPO Details:
The Baazar IPO consists of a fresh issue of 14800 crore and an offer for sale of 177 crore shares. The price band for the IPO has been set at 14800 to 14800 per share.
Key Highlights:
- The IPO is backed by noted investor Rekha Jhunjhunwala.
- The company plans to use the proceeds from the IPO to expand its store network, strengthen its supply chain, and for general corporate purposes.
- Baazar has a strong track record of growth, with its revenue and profit increasing steadily in recent years.
Conclusion:
The Baazar Style Retail IPO is expected to attract strong interest from investors. The company's strong fundamentals, experienced management team, and attractive valuation make it a compelling investment opportunity.
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