Baazar Style Retail IPO vs Premier Energies IPO

Comparision between Baazar Style Retail IPO and Premier Energies IPO.

IPO Details

Baazar Style Retail IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Baazar Style Retail IPO	Premier Energies IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Intensive Fiscal Services Private Limited Jm Financial Limited	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited ICICI Securities Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Premier Energies IPO is ₹450.00 per share.

	Baazar Style Retail IPO	Premier Energies IPO
Face Value	₹5 per share	₹1 per share
Issue Price (Lower)	₹370.00 per share	₹427.00 per share
Issue Price (Upper)	₹389.00 per share	₹450.00 per share
Issue Price (Final)	₹389.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)	₹35.00 per share	₹22.00 per share
Market Lot Size	38 shares	33 shares
Fresh Issue Size	38,04,627 shares	2,86,97,777 shares
Fresh Issue Size (Amount)	up to ₹148.00 Cr	up to ₹1,291.40 Cr
OFS Issue Size	1,76,52,320 shares	3,42,00,000 shares
OFS Issue Size (Amount)	up to ₹686.68 Cr	up to ₹1,539.00 Cr
Issue Size Total	2,14,56,947 shares	6,28,97,777 shares
Issue Size Total (Amount)	up to ₹834.68 Cr	up to ₹2,830.40 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of Baazar Style Retail IPO and Premier Energies IPO is Sep 03, 2024, and Aug 29, 2024, respectively.

	Baazar Style Retail IPO	Premier Energies IPO
Anchor Bid Date	Aug 29, 2024	Aug 26, 2024
Issue Open	Aug 30, 2024	Aug 27, 2024
Issue Close	Sep 03, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 04, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 05, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 05, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 06, 2024	Sep 03, 2024
Anchor Lockin End date 1	Oct 03, 2024	Sep 28, 2024
Anchor Lockin End date 2	Dec 02, 2024	Nov 27, 2024

Financials

Baazar Style Retail IPO P/E ratio is 125.54, as compared to Premier Energies IPO P/E ratio of 82.09.

Baazar Style Retail IPO

Premier Energies IPO

Financial

Baazar Style Retail Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	1,165.97
Revenue	982.83
Profit After Tax	21.94
Net Worth	212.56
Reserves and Surplus	180.2
Total Borrowing	178.23
Amount in ₹ Crore

Premier Energies Limited Financial Information (Restated Consolidated)

Period Ended	30 Jun 2024	21 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,735.50	3,554.13	2,110.69	1,341.49
Revenue	1,668.79	3,171.31	1,463.21	767.03
Profit After Tax	198.16	231.36	-13.34	-14.41
Net Worth	26.96	36.49	-0.24	-0.51
Reserves and Surplus	255.73	455.76	224.40	209.20
Total Borrowing	1,200.16	1,392.24	763.54	453.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

55.03%

72.22%

Promoter Shareholding (Post-Issue)

45.6%

66.03%

P/E Ratio

125.54

82.09

Market Cap

₹2902.55 Cr.

₹20284.33 Cr.

ROE

10.74%%

43.73%%

ROCE

18.39%%

25.65%%

Debt/Equity

0.76

1.86

EPS

₹3.10

₹5.48

RoNW

10.32%%

37.46%%

Shares Offered

In the Baazar Style Retail IPO retail investors (RII) are offered 75,00,934 shares while in Premier Energies IPO retail investors are offered 75,00,934 shares. Qualified institutional buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 1,25,35,111 shares in Premier Energies IPO.

	Baazar Style Retail IPO	Premier Energies IPO
Anchor Investor Reserveration	64,29,372 shares	1,88,02,666 shares
Market Maker Reserveration
QIB	42,86,248 shares	1,25,35,111 shares
NII	32,14,686 shares	94,01,333 shares
RII	75,00,934 shares	2,19,36,444 shares
Employee	28,248 shares	2,33,644 shares
Others
Total	1,50,30,116 shares	4,41,06,533 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas Premier Energies IPO subscribed 75.00x.

	Baazar Style Retail IPO	Premier Energies IPO
QIB (times)	81.83x	212.42x
NII (times)	59.41x	50.98x
Big NII (times)	69.27x	58.00x
Small NII (times)	39.68x	36.96x
RII (times)	9.07x	7.44x
Employee (times)	35.08x	11.32x
Other (times)
Total (times)	40.63x	75.00x

Compare with others

Baazar Style Retail IPO	Premier Energies IPO
P N Gadgil Jewellers IPO	Shree Tirupati Balajee IPO
Kross IPO	Gala Precision Engineering IPO
Tolins Tyres IPO	Baazar Style Retail IPO
Shree Tirupati Balajee IPO	Bajaj Housing Finance IPO
Gala Precision Engineering IPO	ECO Mobility IPO
Bajaj Housing Finance IPO	Interarch Building Products IPO
ECO Mobility IPO	Orient Technologies IPO
Premier Energies IPO	Unicommerce eSolutions IPO
Interarch Building Products IPO	Brainbees Solutions (Firstcry) IPO
Orient Technologies IPO	Ceigall India IPO

Comments

Add a public comment...