Baazar Style Retail

Baazar Style Retail makes a tepid debut, but analysts are bullish on long term prospects. Here’s why

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Baazar Style Retail makes a tepid debut, but analysts are bullish on long term prospects. Here’s why

The shares of Baazar Style Retail debuted flat on the exchanges on Friday, below the pre-listing expectations. The stock then surged marginally to close 3% higher to IPO price on the first day. The shares of the company ended at Rs 399.65 or 2.74% higher at close of trade. As a leading one-stop shop in … Read more

Rekha Jhunjhunwala-backed Baazar Style Retail files IPO papers with Sebi

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Rekha Jhunjhunwala-backed Baazar Style Retail files IPO papers with Sebi

Kolkata-based Baazar Style Retail, which is backed by ace investor Rekha Rakesh Jhunjhunwala, has filed a draft red herring prospectus (DRHP) with market regulator Sebi to raise funds through an IPO. The issue is a combination of a fresh equity sale worth Rs 185 crore and an (OFS) of 1.68 crore shares by promoters and … Read more