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August 30, 2024 - September 3, 2024

Baazar Style Retail IPO Review & Recommendations

Arihant Capital Markets Ltd, BP Equities (BP Wealth), DRChoksey FinServ Pvt Ltd., Master Capital Services Limited, Nirmal Bang and Stoxbox by BP Equities Pvt Ltd have given "Apply" recommendation to Baazar Style Retail IPO. Capital Market has given "May Apply" recommendation to Baazar Style Retail IPO. Swastika Investmart Ltd has "Neutral" view about the IPO. Dilip Davda recommend to "Avoid" the IPO.Axis Capital, HDFC Securities Limited and JM Financial Institutional Securities have "Not Rated" the IPO.

Baazar Style Retail IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 6 1 1 1 3
% 50.00 8.33 8.33 8.33 25.00

Baazar Style Retail IPO Analysis By Brokers/Analysts

Baazar Style Retail IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Baazar Style Retail IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 45 May subscribe

Baazar Style Retail IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  The company is emerging fashion retailer in north eastern region with 162 stores. After suffering a setback for FY22 following the Pandemic, it marked growth in its top and bottom lines with improved margins as it is following efficient cost control modes for its operations. Based on FY24 earnings, the issue appears exorbitantly priced. There is no harm in skipping this pricey bet. Read detail review...

Baazar Style Retail IPO Peer Comparison

Baazar Style Retail Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)Financial statements
Baazar Style Retail Limited3.143.1430.43125.5410.32Consolidated
V-mart Retail Ltd.-48.93-48.93-12.98Consolidated
V2 Retail Ltd.8.048.0479.42138.8810.12Consolidated

Source for listed peers' information included above

  1. All the financial information for listed industry peers is consolidated and sourced from the financial information of such listed industry peers as of and for the year ended March 31, 2024, available on the BSE website.
  2. P/E Ratio for the listed industry peers has been computed based on the closing market price (August 22, 2024) of equity shares on BSE, divided by the EPS.
  3. RoNW is calculated as net profit after taxation attributable to the company's equity shareholders divided by Net worth for that year. Net worth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation.
  4. Net Asset Value per equity share represents net worth as at the end of the financial year, divided by the number of equity shares outstanding at the end of the year.

Baazar Style Retail IPO Review by Members

Baazar Style Retail IPO Reviews, analysis and views by popular members. Read Baazar Style Retail Limited IPO reviews by retail investors to find recommended ipo to buy.

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Baazar Style Retail IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 0 0 0 2
% 0.00 0.00 0.00 100.00
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Member Review
IPOGain dot COM

Avoid

1. IPO is fully priced, no room left for listing gains.
2. 82% is OFS
3. Very high PE, Not sutainable in long term.

August 30, 2024 11:57:20 PM
Yeh Jeevan Hai

Avoid

Valuation way to expensive, mostly ofs, and grey market seems artificially manipulated.

I Like It. 1

August 31, 2024 7:47:50 AM

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