Baazar Style Retail began its journey on the BSE with a flat opening, matching its issue price of Rs 389.00.
The stock is currently trading at Rs 415.80, marking an increase of 26.80 points or 6.89% from its initial price.
During the day, it reached a high of Rs 425.85 and a low of Rs 378.15. A total of 13.65 lakh shares have been traded so far.
The IPO, which was open for subscription between August 30, 2024, and September 3, 2024, received a strong response with a subscription rate of approximately 40 times. The final issue price was set at Rs 389.00 per share, the upper limit of the Rs 370 - 389 price band.
Baazar Style Retail operates in the value retail segment, offering a wide range of apparel and non-apparel consumer products.