Buy and Sell Bazar India (Mayasheel Retail) Unlisted shares

Bazar India (MAYASHEEL RETAIL INDIA LIMITED)

₹76.00
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ROFR Required
Yes

Available in Depository:
NSDL
CDSL

Available for Investment:
Primary
Secondary

RATING

RECOMMENDATION

Strong Buy

Business Type

Traditional Business

Investment Checklist

Management

Accounting Practice

Profitability

Solvency

Growth

Valuation

RATING

RECOMMENDATION

Strong Buy

Business Type

Traditional Business

Bazar India Unlisted Shares Essentials
Share

In this research report, you will get a complete analysis of (Mayasheel Retail) Bazar India Pre IPO

- Bazar India IPO Details
- Bazar India Upcoming IPO Details
- Expected Bazar India IPO Date
- Expected Price Band
- Management Details (Ownership)
- Business Model
- Key Ratios
- Peer Comparisons
- Complete financial reports (Profit and Loss Statements, Balance Sheets, Results, Growth, Valuations, Funding Rounds)
- Latest News (Articles and Videos)
- Upcoming and Past Events Details
- Rating and recommendations for the Company's shares (Whether to Buy/Sell/Hold)

- Bazar India Share Price (Latest in Pre IPO Market)

Complete analysis of Bazar India (MAYASHEEL RETAIL INDIA LIMITED)

ISIN

INE03O01017

Face Value

₹10.00

Total Share

2,50,00,000

Total Income

₹187.45 Cr

Profit After Tax

₹1.88 Cr

EPS

₹0.75

P/E

101.33

P/B

30.39

Market Capitalisation

₹190.00 Cr

Enterprise Value

₹206.93 Cr

Book Value

₹2.50

Intrinsic Value

₹86.77

Earnings Yield

0.99 %

Sector

Consumer Discretionary

Sub-sector

Retail Department Stores

Bazar India Growth

About Bazar India

Bazar India (MAYASHEEL RETAIL INDIA LIMITED) is an Indian Retail Company delivering a content-led, lifestyle retail experience to consumers.
Mayasheel Retail India Limited (“Company”) was initially incorporate under the name Mayasheel Retail LLP (“LLP”) on the 07th day of January, 2015 with an objective of providing merchandise to masses at affordable price in India. On the 04th day of May, 2018, the LLP got converted into public limited company and was named as M/s. Mayasheel Retail India Limited.
Bazar India have PAN India presence with 55 stores in 51 cities and in 13 states as of March 31, 2021 with revenue per store of Rs. 3.4 Cr.
“Bazar India” is unique in its sense as the retail chain offers a wide range of Apparel and General Merchandise with reasonably priced, making it not only affordable, but also latest fashion making it a destination of choice of “under-serviced” India.
In addition, the company has strong hold in Northeast India, making it the top brand of value segment. Its retail outlets offer Home Furnishing, Household goods and apparels.
Bazar India operates as "One Stop Shop", caters to the complete fashion needs of the entire family at most affordable prices which can identified from their motto "Fashion ke saath bachat bhi".

The key cliental of the company are lower middle and middle class people in tier 2 and tier 3 cities.
The company is planning and making efforts to make the presence in other parts of India as well, like in the states of Uttar Pradesh, Bihar, Jharkhand, Orissa and also in South India.

Bazar India IPO Details

Currently, Company has no plan to raise funding through IPO

Bazar India Funding

Stage

Looking For

Funded By	Funding Amount	Date of Investment	Funding Round	Fund Name
HNIs	₹ 25 Cr	31 Dec 2021	Series A	-

Bazar India Subsidiaries

The company has no joint ventures/subsidiaries.

Bazar India Business Model

The company primary operates its business through retail outlets in the name and style of “Bazar India”. Bazar India is a rapidly-emerging pan-India retail chain offering a wide range of Apparel and General Merchandise with reasonably priced in under penetrated Tier II and Tier III Cities in India.
Bazar India motto "Fashion ke saath bachat bhi" can be truly identified from their range and the value of product portfolio they maintain all across their stores.
Bazar India operates as "One Stop Shop", caters to the complete fashion needs of the entire family at most affordable prices.

Bazar India Revenue Segmentation

Kids Wear
Ladies' wear

Men's wear
Other

Bazar India Product & Services

Home furnishing
Household Goods
Apparels

Bazar India Assets

Tangible Assets as on 31st March 2021 (Amount in Rs. Cr)

Land	8.55
Building	5.84
Furniture & Fixture	5.78
Electrical Fitting	3.26

Intangible Assets as on 31st March 2021 (Amount in Rs. Cr)

Computer Softwares

1.64

Bazar India Industry Overview

Industry Statistics

India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital-intensive sophisticated mills sector on the other end. The decentralized power looms/ hosiery and knitting sector forms the largest component in the textiles sector. India’s textiles industry has a capacity to produce wide variety of products suitable for different market segments, both within India and across the world.
Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the country’s gross domestic product (GDP) and around 8% of the employment in 2021. India is the world’s fifth-largest global destination in the retail space.
The discretionary portion of the retail market was sized at ₹21 trillion in 2019. Fashion and BPC combined, accounted for 35% of the discretionary retail space in India in 2020.
The unorganised retail market is poised to grow to over US$1 trillion over this period, making it amongst the most attractive consumer sector opportunities across the world.
In the financial year 2020 the domestic textile and apparel market size in India continued to grow, reaching a total of 106 billion US dollars with apparel making up 78 billion US dollars of the total.
The size of the fashion market in India was ₹5,838 billion in 2019. It declined by 35% in 2020 during the first COVID-19 wave, driven by the reduction in discretionary spending and disruption in supply chain due to the lockdown. The Fashion Market in India is projected to recover strongly. Apparel is projected to continue driving approximately 73% of the market in 2025.

Future Prospects

The retail industry in India is in the midst of a paradigm shift, transitioning from an unorganised sector to an organised venture. Small enterprises are working towards the formalisation of their companies for better growth prospects.
India’s retail market is estimated at $822 billion in FY 2019–20 and is expected to grow at a CAGR of 10% over the next five years to reach $1,315 billion by FY 2024–25.
According to estimates, organised apparel and accessories will account for 40% of the retail market in India by 2025, up from 25% in 2018.
Shirts had the highest market size of over 419 billion Indian rupees in the men's apparel market across the country in 2018. Trousers and denim are the other major categories with a market value of over 339 billion rupees and over 250 billion rupees in the apparel market in that year. The men's wear market was estimated to have a CAGR of 7.6 percent between 2018 and 2028.

Government Initiatives

The ministry of MSME announced the inclusion of retail and wholesale trades as MSMEs. Retail and wholesale trade will now get the benefit of priority sector lending under the RBI guidelines.
The government of India has allowed 100% FDI in online retail of goods and services through the automatic route, thereby providing clarity on the existing businesses of e-commerce companies operating in India.

Bazar India Strengths

The majority of Bazar India's revenue comes from men's clothing which has the biggest market share when compared to children's and women's clothing as per Statista Research Department, indicating that Bazar India is following the market trend and is expected to generate more income in the future as the industry matures.
Bazar India's target clients are the middle and lower middle classes, which make up the majority of India's population, providing the possibility to meet the needs of the majority of the population. According to India census 2019, India's middle class population is 600 mn.
It operates in retail stores, giving them an advantage in terms of brand knowledge and trust, among consumers.

Bazar India Shortcomings

Bazar India is primarily concentrated in Northeast India, which has a low population density and hence less prospects for brand awareness. The absence of presence in Tier 1 cities might actually help sell products at a reasonable profit if demand is high enough.
Bazar India gets the majority of its raw materials from North East India, which is okay, but they may improve by getting raw materials from all around India, providing them a competitive advantage over input costs.
Bazar India has no online sales funnel. Most people would like to order apparel to be delivered to their home, which the company can monetize.
The company's website has to be improved because it just displays the categories, not the various things they sell, preventing them from using digital modes to promote their website and brand awareness.

Bazar India Opportunities

Changing Trends: The changing needs, tastes, and preferences of customers can be an opportunity if the company has good market knowledge.
Technology: The development of new technologies to support the production and delivery processes of products and services can be used to integrate innovation into business operations. Advanced technology integration can reduce costs, improve efficiency, and lead to the rapid adoption of innovative products.
Social media growth can help Bazar India reduce the cost of entering a new market and reach customers on a significantly lower marketing budget. It can also lead to crowd sourcing various services and consumer-oriented marketing based on the data and purchase behaviour.
Consumer: A rise in the customers’ disposable income and an increase in the affluent customer base can be taken as an opportunity to introduce more high-end products.
A decrease in interest rates makes it easier for businesses to raise funds and finance themselves at a lower cost.

Bazar India Threats

Competitors - The fashion retail market is a fragmented market with the presence of various major and smaller players in the market. The market in the developing regions has a strong unorganized market offering a wide array of products. The outspread distribution network of global brands has an influence in the international markets but faces a steep competition at the hands of local manufacturers with respect to regional fashion preferences and prices.
Innovation - Customers now a days are always in a search of innovative products and technique. Innovation will always work as an extra burden on the pocket of consumer, be either in product, place, promotion and even price.
Bazar India operates in an industry where there is a culture of sticky prices this can lead to inability to increase prices that its premium prices deserve.

Bazar India Rating

RECOMMENDATION

Strong Buy

Bazar India Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

30/12/2021

Registered Date

07/01/2015

Planify Ticker

MRIL

Reg Office: Plot No. 88, Sector 35, Begampur Khatola, Gurugram, Haryana - 122004

Visit Website

Frequently Ask Questions

The company has expressed no intentions of an initial public offering as of now.

Face Value is Rs. 10

Yes, the company is expected to generate decent profits in the future.

V.BALASUBRAMANIAN is the whole time director of the company.

Short Term Gain Capital Tax - Less than 2 year - 30%, Greater than 2 year then 20% tax + Indexation.

Strength - Bazar India's target clients are the middle and lower middle classes, which make up the majority of India's population, providing the possibility to meet the needs of the majority of the population. According to India census 2019, India's middle class population is 600 mn.

The minimum holding period after the company has been listed is 6 months.

Total Profit of the company is Rs. 1.88 Cr.

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.

• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.

• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.

• 3. We will provide the bank details.

• 4. You need to transfer funds in that account.

• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.

• 6. Payment has to be done from the same account in which shares are to be credited.

• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.

• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.

• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.

• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..

• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.

• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.

• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.

• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.

• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.

• a. ISIN number of stock_name_auto Unlisted Shares.

• b. Name of stock_name_auto Unlisted Shares

• c. Quantity of stock_name_auto Unlisted Shares

• d. Cosideration Amount

• e. Target DP ID and Client ID

• f. Annexure

2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. Generally via our Planify platform, if somebody wants to buy Unlisted Shares then minimum investment would be 35-50k.To know about the minimum lot size of stock_name_auto, kindly click on this hyperlink - stock_name_auto.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of stock_name_auto Unlisted Shares Instantly?

• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.

• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.

• Demat Account = DP ID + Client ID. (16 Characters )

• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.

• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.

• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.

• Example:

• CDSL = 12345678(DP ID) and 91234567(Client ID).

• NSDL = IN123456 (DP ID) and 78912345(Client ID).

• Check in brokers application?

• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

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We at Planify do the valuation based on 2 methods.

• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.

• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.