Baazar Style Retail IPO vs Interarch Building Products IPO

Comparision between Baazar Style Retail IPO and Interarch Building Products IPO.

IPO Details

Baazar Style Retail IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Interarch Building Products IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Baazar Style Retail IPO	Interarch Building Products 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	Ambit Private Limited Axis Capital Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Interarch Building Products IPO is up to ₹600.29 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Interarch Building Products IPO is ₹900.00 per share.

	Baazar Style Retail IPO	Interarch Building Products IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹850.00 per share
Issue Price (Upper)	₹389.00 per share	₹900.00 per share
Issue Price (Final)	₹389.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)	₹35.00 per share	₹85.00 per share
Market Lot Size	38 shares	16 shares
Fresh Issue Size	38,04,627 shares	22,22,222 shares
Fresh Issue Size (Amount)	up to ₹148.00 Cr	up to ₹200.00 Cr
OFS Issue Size	1,76,52,320 shares	44,47,630 shares
OFS Issue Size (Amount)	up to ₹686.68 Cr	up to ₹400.29 Cr
Issue Size Total	2,14,56,947 shares	66,69,852 shares
Issue Size Total (Amount)	up to ₹834.68 Cr	up to ₹600.29 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while Interarch Building Products IPO opens on Aug 19, 2024. The closing date of Baazar Style Retail IPO and Interarch Building Products IPO is Sep 03, 2024, and Aug 21, 2024, respectively.

	Baazar Style Retail IPO	Interarch Building Products IPO
Anchor Bid Date	Aug 29, 2024	Aug 16, 2024
Issue Open	Aug 30, 2024	Aug 19, 2024
Issue Close	Sep 03, 2024	Aug 21, 2024
Basis Of Allotment (Tentative)	Sep 04, 2024	Aug 22, 2024
Initiation of Refunds (Tentative)	Sep 05, 2024	Aug 23, 2024
Credit of Share (Tentative)	Sep 05, 2024	Aug 23, 2024
Listing date (Tentative)	Sep 06, 2024	Aug 26, 2024
Anchor Lockin End date 1	Oct 03, 2024	Sep 20, 2024
Anchor Lockin End date 2	Dec 02, 2024	Nov 19, 2024

Financials

Baazar Style Retail IPO P/E ratio is 125.54, as compared to Interarch Building Products IPO P/E ratio of 15.04.

Baazar Style Retail IPO

Interarch Building Products 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

Interarch Building Products Limited Financial Information (Restated)

Interarch Building Products Limited's revenue increased by 15% and profit after tax (PAT) rose by 6% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	755.01	675.03	543.75
Revenue	1,306.32	1,136.39	840.86
Profit After Tax	86.26	81.46	17.13
Net Worth	262.65	343.8	262.65
Total Borrowing	3.36	11.38	3.36
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

55.03%

87.53%

Promoter Shareholding (Post-Issue)

45.6%

59.9%

P/E Ratio

125.54

15.04

Market Cap

₹2902.55 Cr.

₹1497.43 Cr.

ROE

10.74%%

19.40%%

ROCE

18.39%%

25.79%%

Debt/Equity

0.76

-0.11

EPS

₹3.10

₹59.84

RoNW

10.32%%

22.26%%

Shares Offered

In the Baazar Style Retail IPO retail investors (RII) are offered 75,00,934 shares while in Interarch Building Products 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 13,29,526 shares in Interarch Building Products IPO.

	Baazar Style Retail IPO	Interarch Building Products IPO
Anchor Investor Reserveration	64,29,372 shares	19,94,288 shares
Market Maker Reserveration
QIB	42,86,248 shares	13,29,526 shares
NII	32,14,686 shares	9,97,145 shares
RII	75,00,934 shares	23,26,671 shares
Employee	28,248 shares	24,539 shares
Others
Total	1,50,30,116 shares	46,77,881 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas Interarch Building Products IPO subscribed 93.79x.

	Baazar Style Retail IPO	Interarch Building Products IPO
QIB (times)	81.83x	197.29x
NII (times)	59.41x	130.91x
Big NII (times)	69.27x	148.31x
Small NII (times)	39.68x	96.11x
RII (times)	9.07x	19.46x
Employee (times)	35.08x	25.75x
Other (times)
Total (times)	40.63x	93.79x

Compare with others

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

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