Bazar India unlisted share price

Price history

About

Bazar India is the store brand of Mayasheel Retail India Limited, a company headquartered in Gurugram, Haryana, with its registered office in New Delhi. The business started in 2015 as Mayasheel Retail LLP and was later converted into a public company. The numbers below come from its FY21 annual report, the latest document we could read, so they are old. The company sells clothing and general merchandise for middle income families at affordable prices. Its motto is "Fashion ke saath bachat bhi". It positions itself as a one stop shop for the whole family and targets under-served Tier II and Tier III cities, with a strong presence in Eastern India and the North East. At the time of the FY21 report the chain had 55 stores in 51 cities and 13 states, with about 5.66 lakh sq ft of retail area. Revenue from operations in FY21 was about ₹187 crore, and the company reported a net profit after tax after a loss in FY20. The company says the swing came from cost cuts, as sales fell because of the Covid lockdowns. The report states it plans to start online sales and to open 20 more stores. The company is run by its promoters. Mr. Atul Garg is Chairman and Managing Director, and the Karwa brothers and other executive directors sit on the board. The report names KFin Technologies as registrar. Bazar India has no IPO filing or listing date that we can confirm from this document. Unlisted shares of a company like this trade off-market between private parties, so the indicative price of ₹24 per share on our page is not an exchange price. The lot size we show is 2500 shares.