Baazar Style Retail IPO Share Allotment:Investors who have invested in the IPO of fashion retailer Baazar Style Retail should keep an eye on share allotment today. Shares will be allotted today under the IPO. Earlier, this IPO has been subscribed nearly 41 times over today. There is also a stir in the grey market regarding the IPO. Shares will be allotted in this IPO today i.e. on September 4, while its listing will be on September 6. Famous investor Rekha Jhunjhunwala also has a stake in Baazar Style.
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Share Allotment Check: From BSE website
- For this, first you will have to go to the website of BSE.
– Link: bseindia.com/investors/appli_check.aspx
– After that the equity box has to be checked.
– Then you will have to enter the name of the issue Baazar Style Retail in the dropdown.
– After that you have to type your application number in the box.
– After that you will have to provide information about your PAN number.
– Finally you will have to click on the search button, after which complete information will be revealed.
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Share Allotment Check: From Registrar’s website
Link Intime is the registrar of this issue. For this IPO, one has to visit the website of the registrar.
- For this IPO, one will have to visit the registrar’s website.
– Link: https://linkintime.co.in/Initial_Offer/public-issues
– Type the company name Baazar Style Retail in the dropdown.
– After this, enter PAN number, application number or depository/client ID in the box.
– Then enter the captcha and click on the search button. Then you will know your status.
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Baazar Style: Subscribed more than 40 times
The IPO of Bazaar Style has been subscribed 40.6 times till its last day. 35 percent of the IPO was reserved for retail investors and it has been subscribed 9.07 times. 50 percent of the IPO was reserved for Qualified Institutional Investors (QIB) and this portion has been filled 81.83 times so far. Whereas about 15 percent of the share was reserved for non-institutional buyers (NII) and it has been filled 59.41 times. In this IPO, the portion reserved for employees has received 35.08 times subscription.
Investments of Rekha Jhunjhunwala
Rekha Jhunjhunwala has about 7.69 percent stake in this company. Before the IPO, she had 5,446,240 shares of the company. Out of these, she has sold 2,723,120 shares through OFS. In this way, she has received about Rs 106 crore from stake sale in the IPO. The size of this IPO is Rs 834.68 crore.
