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Sell

  • ROFR Required

  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Sell

Business Type

Traditional Business

  • Investment Checklist

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Solvency

Growth

Valuation

Snapshot
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RECOMMENDATION

Sell

Business Type

Traditional Business

Discover and get complete analysis on The Bombay Store management - Business Model, Financials, Growth, Valuations, Funding Rounds and The Bombay Store Latest News.

ISIN

INE595B01027

Face Value

₹2.00

Total Share

49,40,000

Total Income

₹17.76 Cr

Profit After Tax

-₹12.67 Cr

EPS

-₹25.64

P/E

-16.77

P/B

-54.74

Market Capitalisation

₹212.42 Cr

Enterprise Value

₹248.83 Cr

Book Value

-₹7.86

Intrinsic Value

₹494.00

Earnings Yield

-5.96 %

Sector

Consumer Discretionary

Sub-sector

Retail Department Stores

Category

Delisted

Cashflow - Operations

-₹10.37 Cr

Cashflow - Financing

₹10.90 Cr

The Bombay Store Growth

Compounded Sales Growth

  • -67.51%

    1 Year

  • -13.58%

    5 Year

  • -4.30%

    9 Year

Pro Only

Compounded Profit Growth

  • NA

    1 Year

  • NA

    9 Year

Pro Only

Return On Equity

  • 326.43%

    2021

  • 58.94%

    2017

  • -27.05%

    2013

Pro Only

About The Bombay Store

  • Bombay Swadeshi Stores  (Bombay Store) is a lifestyle store based in Mumbai, India. The company provides a wide range of antiques, bedroom furniture, home design items, dinnerware, and fashion accessories. The firm provides services such as online ordering, delivery, and returns. It has outlets in India's cities of Mumbai, Pune, and Bangalore.
  • With origins stretching back to India's liberation fight, the firm has a distinct tradition as one of the oldest and most popular lifestyle destinations.
  • The original shop was created by some of India's finest patriots and commercial leaders, including Lokmanya Tilak and Ratanji Jamsetji Tata, with the goal of promoting Indian-made items during the Swadeshi movement. Dadabhai Naoroji launched the first shop in 1906.
  • The company is headquartered in Mumbai, Maharashtra, India.

  • The Bombay Store IPO Details

  • In 2015, the firm was delisted from the BSE. The last time it was traded, it was for Rs.129.
  • Currently, the company has no plans to relist.

  • The Bombay Store Merger & Acquisition

Acquisition

  • On April 24, 2015, Madhu Chandak, Manjri Chandak, and Jyoti Varun Kabra signed a share purchase agreement with the board of directors to buy a 66.78% ownership in Bombay Swadeshi Stores Ltd. for roughly INR 420 Mn. in cash. The purchasers paid INR 126 per share for 3.29 Mn. shares. Madhu Chandak boosted her interest in the company from 11.81% to 26.20% as a consequence of the deal, while Manjri Chandak and Jyoti Varun Kabra both received a 26.20% stake.
  • On September 28, 2015,Madhu Chandak, Manjri Chandak, and Jyoti Varun Kabra closed a bid to acquire an additional 20.88% share in Bombay Swadeshi Stores Ltd. The purchasers offered to buy 1.03 Mn shares at INR 126 per share as an exit price. The offer is subject to due diligence and approval by Bombay Swadeshi Stores' Board of Directors.

  • The Bombay Store Subsidiaries

Subsidiary Company:

  • Bombay Store Retail Company Limited

Associate Company:

  • Out Of India Retail Pvt Ltd

The Bombay Store Business Model

  • The company is engaged in the retail of household products, gifts, artefacts, and other consumable products in India. The company offers home décor and pashmina’s products, souvenirs, and fashion accessories through its stores. It also provides its products online

  • The Bombay Store Revenue Segmentation

  • Revenue generated from sale of Merchandise
  • Other Income

  • The Bombay Store Product & Services

Products:

  • Artefact
  • Home Décor
  • Wellness
  • Fashion Accessories

  • The Bombay Store Assets

Assets as on 31 March 2021:

AssetsAmount in Cr.
Leasehold BuildingRs.0.25
FurnitureRs.2.30
ComputersRs.0.12
Office Equipment'sRs.0.39
Motor CarRs.0.11
SoftwareRs.0.12

  • The Bombay Store Industry Overview

Industry Statistics

Retailing Industry:

  • Retail refers to the market that encompasses all operations including a company's direct sale of goods or services to consumers, which are often acquired for personal or family use.
  • Due to the introduction of multiple new businesses, the Indian retail industry, according to IBEF, has become one of the most dynamic and fast-paced industries. It generates more than 10% of the country's GDP and employs about 8% of the workforce. In the retail industry, India is the world's fifth-largest market.
  • Despite a second wave of COVID-19 hitting the country in the first half of FY21, retailing recorded significant growth as the Indian economy rebounded. In FY21, overall retailing will expand by double digits, compared to a minor dip in FY20. During the second wave of COVID-19, more positive consumer attitude, greater discretionary expenditure, and fewer limitations aided recovery. Consumer appliances, cosmetics and personal care, and home care industries, which were badly hit by strict lockdowns and reduced demand in FY20, rebounded in FY21, boosting retail sales.

 Retail sales Channels:

Offline Retail Market 

  •  An offline retail market is one in which a vendor sells things in person through a storefront location. They usually allow customers to try on things before purchasing them, and they may also provide professional fitting services.
  • According to Financial Express report by Rajat Wahi, (Partner at Deloitte India) - total retail sales in India range from $850 to $900 billion, with offline retail (General and Trade and Modern Trade) accounting for 95 to 96% – General/Traditional Trade accounting for 80-83%, and Modern Trade accounting for 12-15% today, with ecommerce/online retail accounting for the rest and Direct Selling accounting for a small portion. During the lockdowns.
  • In FY22, offline retail revenue in India is predicted to rise by Rs 10,000-12,000 Cr. (US$ 1.39-2.77 Bn.). By the end of FY22, India's direct selling business will be worth $2.14 Bn.

Online Retail Market:

  • The sale of goods and services through the internet is known as electronic retailing (E-tailing). Business-to-business (B2B) and business-to-consumer (B2C) sales of products and services are examples of e-tailing.
  • The United Nations Conference on Trade and Development's FY19 Business-to-Consumer (B2C) E-commerce Index rated India 73rd. India is the world's fifth-largest retail destination, ranking 63 in the World Bank's Doing Business FY20 report.
  • India has the world's third-largest e-commerce market (only behind China, the US). By FY30, new-generation logistics companies are estimated to deliver 2.5 Bn. Direct-to-Consumer (D2C) packages. In the next ten years, online used automobile transaction penetration is predicted to increase by 9x. Despite the epidemic, Amazon, Flipkart, and other vertical players sold $9 Bn. worth of items during the festival season in FY20.

Growth Drivers:

  • The retail industry's primary growth drivers are an increase in digital payment methods, a hybrid retail model, and heavy investment.

Major Players:

  • Reliance retail limited, Aditya Birla Fashion & Retail Limited, Shoppers Stop etc others are the key players of the retail industry.

Online Gifting Industry:

  • There are three types of gifting categories in the internet gifting industry: festive, corporate, and personal. According to Technopak, the Indian corporate and personal gifting markets are worth a total of Rs. 250,000 Cr. Corporate giving owns Rs 12,000 Cr and is expected to expand at a pace of over 200% every year.
  • According to a research by TechSci Research the online gifting business in India is expected to increase from $119 Mn. in FY19 to $159 Mn. by FY25,increasing at a CAGR of 6% each year.

Market Drivers of Online Gifting Industry 

  • Use of Artificial Intelligence (AI) and Data Analytics: By allowing users to fill in information about the gift recipient, occasion, relationship between the receiver and present-giver, and budget, online gifting platforms are providing customers with a seamless experience of gift choosing. The programme narrows the product possibilities and homes down on the best gifting alternatives using a machine learning algorithm. It also allows the organization to learn more about current giving preferences and stock more of these items.
  • The last-minute surprises: Its capacity to deliver delectable cakes, flowers, chocolate boxes, and personalized presents late at night or after midnight is a key component in its expansion. The date and time of the event may now be customized by anyone. Same-day delivery is now available on several online giving sites.
  • Personalization: Users are drawn to online gifting by the option to personalize presents at the press of a button. T-shirts, coffee mugs, photo frames, and flower selection for a bouquet may all be created depending on personal preferences and needs. As a result, the sector becomes increasingly consumer-focused.

Major Players of Online Gifting :

  • Some of the major players operating the India gifting market are Archies, Ferns & Petals, Mini So, Beccos, Uniqlo and others.

Peers:

  • In the furniture area, Pepperfry, Hometown, and Homecentre are competitors, while in the handicraft division, The Indiacraft House, Karu, and others are competitors.

Future Prospects

Outlook:
  • In the country, e-commerce is steadily growing. Customers have an ever-increasing variety of things to choose from at reasonable prices. E-commerce is causing the most significant change in the retail business, and this trend is expected to continue in the next years. Retailers should take advantage of digital retail channels (E-commerce) to save money on real estate while reaching out to more customers in tier II and tier III cities as a result of the country's growing number of online shoppers Digital wallets (40%) were the most popular online payment option in FY20, followed by credit cards (15%) and debit cards (15%). By FY24, online retail penetration is predicted to reach 10.7%, up from 4.7% in FY19.
  • As per Kearney Research, India’s retail industry is projected to grow at a slower pace of 9% over FY19-FY30, from US$ 779Bn in FY19 to US$ 1,407Bn by FY26 and more than US$ 1.8Tn by FY30.

Government Initiatives

Regulatory Body:

  • Retailers Association of India: The Retailers Association of India (RAI) is India's unified retail voice. RAI is a non-profit organisation that collaborates with all stakeholders to provide the ideal climate for India's contemporary retail business to thrive. It helps shops modernise and adopt best practises that delight customers by encouraging, developing, facilitating, and supporting them.
  • The Franchising Association of India:  FAI is an association of Franchisors, Franchisees and all related interests. Formed in the year 2001 as a not-for-profit, it is the only professionally managed and internationally recognized industry body with the sole purpose of representing the voice of the Franchise Industry in India.

Government Initiative:

  • The government of India has approved 100 % FDI in online retail of products and services via the automated method, bringing clarity to the operations of E-commerce enterprises in India.
  • The Andhra Pradesh government unveiled its retail parks policy for the years 2021 to 2026 in July 2021, with a target retail investment of Rs. 5,000 Cr. (US$ 674.89 million) over the following five years.
  • Retail and wholesale trades will henceforth be classified as MSMEs, according to the Minister of MSME. Under RBI standards, retail and wholesale trade will now be eligible for priority sector loans.

The Bombay Store Strengths

  • The company has been in operation for 106 years and has established a reputation in India.

The Bombay Store Shortcomings

  • Over the period of 106 years, the company has exhibited only modest growth. The company's profits are far too low.

The Bombay Store Opportunities

  • In the country, e-commerce is steadily growing. Customers have an ever-increasing variety of things to choose from at reasonable prices. E-commerce is likely to be the most significant change in the retail business. Its important for the company to invest in technology.

The Bombay Store Threats

  • There is intense competition from top brands like Pepperfry, Urban Ladder, Hometown etc.
The Bombay Store Rating

  • RECOMMENDATION

    Sell

  • The Bombay Store Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

26/04/2022

Registered Date

11/12/1905

Planify Ticker

Bombay Store

Reg Office: Western India House, Sir P. M. Road, Fort, Mumbai - 400 001

Visit Website

Frequently Ask Questions

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. So, via our Planify platform, if somebody wants to buy stock_name_auto Unlisted Shares then minimum investment would be 35-50k.

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.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

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.
  • ROFR Required

Available in Depository

  • NSDL

  • CDSL

Available for Investment

  • Primary

  • Secondary

  • Investment Checklist

Management

Accounting Practice

Profitability

Solvency

Growth

Valuation