Baazar Style Retail shares rise 11% after listing flat at IPO price

My Account Shares of Baazar Style Retail gained momentum and rallied 11 percent to hit an intra-day high of 431 following a subdued stock market debut on September 6, listing at Rs 389 on the Bombay Stock Exchange, matching its issue price. The listing has missed grey market estimates where shares were trading at a premium of about 8 percent. The grey market is an unofficial ecosystem where shares start trading much before the offer opens for subscription and continue …