Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements ) Regulations, 2015, we are enclosing herewith a copy of the Monitoring ....
STYLEBAAZA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Baazar Style Retail filed its Q4 FY26 monitoring agency report (March 31, 2026) from CARE Ratings, as required under SEBI regulations for IPO proceeds tracking. The company raised Rs. 871.675 crore via pre-IPO and IPO in August 2024, and Rs. 185 crore has been deployed so far toward three stated objectives: repayment of certain outstanding borrowings (Rs. 146 crore), general corporate purposes (Rs. 28.99 crore), and estimated offer expenses (Rs. 10.01 crore). CARE Ratings provides limited assurance on the utilization details per management and auditor certifications dated May 12, 2026. No major deviations from the offer document were flagged.
This is a routine compliance filing confirming orderly use of IPO funds. No red flags were raised by the monitoring agency, which is a positive signal for investors that the company is adhering to its stated capital deployment plan.