Baazar Style Retail IPO subscribed nearly 8 times on Day 3; GMP declines to 16% – ET Retail

Representative Image The initial public offering (IPO) of Baazar Style Retail was subscribed 7.6 times on Day 3 of the bidding process after sailing through on the second day, driven by strong demand from Non-institutional investors. Around noon, the quota reserved for retail individual investors (RIIs) was subscribed 5.5 times. The issue was subscribed 22…

Read More

Rekha Jhunjhunwala-backed Baazar Style Retail raises Rs 250 crore from anchor investors – ET Retail

Value fashion retailer Baazar Style Retail Ltd on Thursday said it has collected Rs 250 crore from anchor investors, a day before its initial share-sale opening for public subscription. Ashoka India Equity Investment Trust Plc, Volrado Venture Partners Fund IV Gamma, HSBC Global Investment Funds, Allianz Global Investors Fund, Al Mehwar Commercial Investments LLC, HDFC…

Read More