 "IPO")
Illustration: Ajay Mohanty
Meanwhile, non-institutional investors (NIIs) subscribed 81.83 times, and retail investors at 9.12 times by the close of the issue.
Baazar Style Retail allotment status
The shares of Style Retail are expected to be allotted today. Once the allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Link Intime India, the registrar for the issue. Alternatively, use the following direct links:
– Check Baazar Style Retail IPO Allotment Status on BSE: https://www.bseindia.com/investors/appli_check.aspx
– Check Baazar Style Retail IPO Allotment Status on Link Intime India: https://linkintime.co.in/initial_offer/
– Check Baazar Style Retail IPO Allotment Status on NSE: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
Following the allotment, Baazar Style Retail shares are expected to be credited into demat accounts tomorrow, September 5, 2024. Baazar Style Retail shares are slated to make their debut on the BSE and NSE on Friday, September 6, 2024.
Baazar Style Retail IPO grey market premium (GMP)
Ahead of its debut on the stock exchanges, the unlisted shares of Baazar Style Retail are trading at a premium of approximately Rs 65 or 16.71 per cnet over the upper end of the IPO price, according to several grey market tracking sources. This indicates a favourable listing for Baazar Style Retail shares.
Baazar Style Retail listing price prediction
Shares of Baazar Style Retail are scheduled to list on the BSE and NSE on Friday, September 6, 2024. Based on the current GMP, Baazar Style Retail shares are expected to list around Rs 454 (GMP + Upper end of issue price), offering investors a potential return of over 16 per cnet.
First Published: Sep 04 2024 | 11:08 AM IST
