Baazar Style Retail IPO GMP History
Baazar Style Retail IPO has been listed on September 6, 2024 at a listing price of ₹389, against the issue price of ₹389 — a gain of ₹0 (+0%). The GMP peaked at ₹100 on 2 September 2024 and reached a low of ₹0.7 on 30 August 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Baazar Style Retail IPO raised ₹834.68 Cr. through its IPO at a price band of ₹370 to ₹389 per share, with a lot size of 38 shares. The IPO was open for subscription from 30 Aug 2024 to 03 Sep 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:50 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 05 Sep 2024 | ₹ 62 | ▲ | 16% | — | — |
| 04 Sep 2024 | ₹ 55 | ▼ | 14% | — | — |
| 03 Sep 2024 | ₹ 70 | ▼ | 18% | — | — |
| 02 Sep 2024 | ₹ 100 | ▲ | 26% | — | — |
| 30 Aug 2024 | ₹ 0.7 | — | -- | — | — |
Baazar Style Retail IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 30 Aug 2024
- Close 03 Sep 2024
- Allotment 04 Sep 2024
- Refund/credit 05 Sep 2024
- Listing 06 Sep 2024
Baazar Style Retail IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹389 |
|---|---|
| GMP-based estimate (pre-listing) | ₹451 (+15.9%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 06 Sep, 2024 |
| Actual listing price | ₹389 (+0%) |
Is Baazar Style Retail IPO GMP reliable?
Grey market premium for Baazar Style Retail IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Baazar Style Retail IPO full review for a fundamentals-based assessment before making any grey market trades.
Baazar Style Retail IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Baazar Style Retail IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Baazar Style Retail IPO
Baazar Style Retail Limited was incorporated as Dwarkadas Mohanlal Private Limited on 3 June 2013. It is a value fashion retailer with shares of 3.03% and 2.22% of the organised value retail markets in West Bengal and Odisha.
It sells quality and affordable products in apparel and general merchandise through a chain of value retail stores. Apparel covers men, women, boys, girls and infants, and general merchandise includes non-apparel and home furnishing.
Its promoters include Pradeep Kumar Agarwal, Rohit Kedia, Shreyans Surana, Bhagwan Prasad and Sri Narsingh Infrastructure.
The IPO was Rs 834.68 crore, with Rs 148.06 crore of fresh issue and Rs 686.62 crore of offer for sale by investors such as Rekha Rakesh Jhunjhunwala and promoter group members. Rs 146.00 crore of the fresh money was planned for repaying borrowings.
Frequently asked
What is the GMP of Baazar Style Retail IPO?
The current Grey Market Premium (GMP) of Baazar Style Retail IPO is ₹ 62.
What is the Kostak Price of Baazar Style Retail IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Baazar Style Retail IPO is not available.
What is the Subject to Sauda Price of Baazar Style Retail IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Baazar Style Retail IPO?
Baazar Style Retail IPO listed on September 6, 2024 at ₹389, against the issue price of ₹389 — a gain of +0%.
How did the GMP of Baazar Style Retail IPO trend before listing?
The GMP of Baazar Style Retail IPO was rising in its final days before listing. The GMP peaked at ₹100 on 2 September 2024. View the day-wise table above for the complete GMP history.
Explore Baazar Style Retail IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
