Baazar Style Retail Ltd. IPO

We are a value fashion retailer with a market share of ?4,822.74 million constituting 3.03% and ?1,573.41 million constituting 2.22%, respectively in organized value retail market in the states of West Bengal and Odisha. We offer quality and affordable products under the apparels and general ... merchandise segments, through a chain of ‘value retail’ stores. Within the apparels vertical, we offer garments for men, women, boys, girls and infants, whereas our general merchandise offerings include both non-apparels and home furnishing products.  Read more

Our Company was incorporated as Dwarkadas Mohanlal Private Limited, a private limited company under the Companies Act, 1956 on June 3, 2013, and was granted the certificate of incorporation by the RoC. Subsequently, the name of the Company was changed to Baazar Style Retail Private Limited ... pursuant to a special resolution passed by the shareholders of the Company on November 21, 2013, and a fresh certificate of incorporation dated November 26, 2013 was issued by the RoC. Pursuant to the conversion of our Company into a public limited company and a special resolution passed by our Shareholders at the EGM on December 16, 2021, the name of our Company was changed to “Baazar Style Retail Limited”, and the RoC issued a fresh certificate of incorporation on January 6, 2022.

According to the Technopak Report, Value Retail in the apparel segment in India was estimated to be approximately ?3,721.70 billion in Fiscal 2024. This market is expected to reach ?5,341.25 billion by Fiscal 2027, growing at a CAGR of 13.9% from Fiscal 2023 to 2027. As of Fiscal 2024 the market ... size of Value Retailing industry (lifestyle and home) in the eastern and north-eastern states of India is estimated to be at ?1,417.48 billion. The eastern states are the fastest growing consumer markets for Value Retail with an expected market size of ?2,208.02 billion and grow at a CAGR of 15.9% from Fiscal 2024 to Fiscal 2027. Read more