Date: August 29, 2024

To, To
The Senior General Manager Vice President
Dept. of Listing Operations Listing Department
BSE Limited National Stock Exchange of India Limited
P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex
Mumbai – 400 001 Bandra (East), Mumbai 400051
Maharashtra, India Maharashtra, India

Dear Sir/ Madam,

Sub: Proposed initial public offering of equity shares of face value of ₹ 5 each (the “Equity Shares”) of Baazar Style Retail Limited (the
“Company”, and such initial public offering, the “Offer”) comprising a fresh issue of up to [●] equity shares by the Company aggregating
up to ₹ 1,480 million and an offer for sale of up to 17,652,320 equity shares aggregating up to ₹[●] million by the Selling Shareholders

The IPO Committee of the Company in their meeting held on August 29, 2024, in consultation with Axis Capital Limited, Intensive Fiscal Services
Private Limited and JM Financial Limited (“Book Running Lead Managers”), have finalized allocation of 64,29,372 Equity Shares, to Anchor
Investors at Anchor Investor Allocation Price of ₹ 389/- per Equity Share (including share premium of ₹ 384/- per Equity Share) in the following
manner:

No. of Equity % of Anchor

Sr. Total Amount
Name of Anchor Investor Shares Investor
No. Allocated (₹)
Allocated Portion

1 HDFC MUTUAL FUND - HDFC NON CYCLICAL CONSUMER FUND 2,57,032 4.00% 9,99,85,448

2 HDFC TRUSTEE COMPANY LTD. A/C HDFC CAPITAL BUILDER VALUE FUND 2,57,070 4.00% 10,00,00,230

3 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC 3,32,234 5.17% 12,92,39,026

4 WHITEOAK CAPITAL ELSS TAX SAVER FUND 20,862 0.32% 81,15,318

5 WHITEOAK CAPITAL MULTI CAP FUND 1,07,692 1.68% 4,18,92,188

6 VOLRADO VENTURE PARTNERS FUND IV GAMMA 4,60,788 7.17% 17,92,46,532

HSBC GLOBAL INVESTMENT FUNDS - ASIA EX JAPAN EQUITY SMALLER
7 4,60,788 7.17% 17,92,46,532
COMPANIES
8 ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ ASIAN SMALL CAP EQUITY 4,60,788 7.17% 17,92,46,532
NATIXIS INTERNATIONAL FUNDS (LUX) I - LOOMIS SAYLES GLOBAL
9 4,60,788 7.17% 17,92,46,532
EMERGING MARKETS EQUITY FUND
10 AL MEHWAR COMMERCIAL INVESTMENTS L.L.C. - (WANDA) 4,60,788 7.17% 17,92,46,532

11 BANDHAN SMALL CAP FUND 1,60,740 2.50% 6,25,27,860

12 BANDHAN CORE EQUITY FUND 1,50,024 2.33% 5,83,59,336

13 BANDHAN BALANCED ADVANTAGE FUND 1,50,024 2.33% 5,83,59,336

14 MOTILAL OSWAL LARGE CAP FUND 2,30,394 3.58% 8,96,23,266

15 MOTILAL OSWAL BUSINESS CYCLE FUND 2,30,394 3.58% 8,96,23,266

16 HSBC FLEXI CAP FUND 3,26,496 5.08% 12,70,06,944

17 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. 3,08,446 4.80% 11,99,85,494

18 OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST 2,57,070 4.00% 10,00,00,230

19 SBI GENERAL INSURANCE COMPANY LIMITED 1,79,968 2.80% 7,00,07,552

20 BANK OF INDIA BLUE CHIP FUND 1,28,554 2.00% 5,00,07,506

21 HELIOS FLEXI CAP FUND 1,28,554 2.00% 5,00,07,506

22 TRUST MUTUAL FUND - TRUST MF FLEXI CAP FUND 1,28,554 2.00% 5,00,07,506

23 3P INDIA EQUITY FUND 1M 1,28,554 2.00% 5,00,07,506

24 JULIUS BAER INDIA EQUITY FUND 1 1,28,554 2.00% 5,00,07,506

25 RELIANCE GENERAL INSURANCE COMPANY LIMITED 1,28,554 2.00% 5,00,07,506

26 VERITION MULTI-STRATEGY MASTER FUND LTD. 1,28,554 2.00% 5,00,07,506

Baazar Style Retail Limited

{Formerly known as Baazar Style Retail Pvt. Ltd.)
PS Srijan Tech Park, DN-52, 12th Floor, Sector-V, Salt Lake, North 24 Parganas, West Bengal
700091 t: (033} 61256125 e: info@stylebaazar.com www.stylebaazar.in
CIN No: U18109WB2013PLC194160
 No. of Equity % of Anchor
Sr. Total Amount
Name of Anchor Investor Shares Investor
No. Allocated (₹)
Allocated Portion
LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY
27 1,28,554 2.00% 5,00,07,506
FUND SF1
28 SOCIETE GENERALE - ODI 1,28,554 2.00% 5,00,07,506

64,29,372 100.00% 2,50,10,25,708

Out of the total allocation of 64,29,372 Equity Shares to the Anchor Investors, 22,76,390 Equity Shares (i.e. 35.41% of the total allocation to
Anchor Investors) were allocated to 8 domestic mutual funds through a total of 13 schemes. Set forth below is a scheme-wise detail of mutual
funds:

No. of Equity % of Anchor

Sr.
Name of the Mutual Fund Scheme Shares Investor Total Amount Allocated (₹)
No.
Allocated Portion

1 HDFC MUTUAL FUND - HDFC NON CYCLICAL CONSUMER FUND 2,57,032 4.00% 9,99,85,448.00
HDFC TRUSTEE COMPANY LTD. A/C HDFC CAPITAL BUILDER VALUE
2 2,57,070 4.00% 10,00,00,230.00
FUND
3 HELIOS FLEXI CAP FUND 1,28,554 2.00% 5,00,07,506.00
4 TRUST MUTUAL FUND - TRUST MF FLEXI CAP FUND 1,28,554 2.00% 5,00,07,506.00
5 MOTILAL OSWAL LARGE CAP FUND 2,30,394 3.58% 8,96,23,266.00
6 MOTILAL OSWAL BUSINESS CYCLE FUND 2,30,394 3.58% 8,96,23,266.00
7 WHITEOAK CAPITAL ELSS TAX SAVER FUND 20,862 0.32% 81,15,318.00
8 WHITEOAK CAPITAL MULTI CAP FUND 1,07,692 1.68% 4,18,92,188.00
9 BANDHAN SMALL CAP FUND 1,60,740 2.50% 6,25,27,860.00
10 BANDHAN CORE EQUITY FUND 1,50,024 2.33% 5,83,59,336.00
11 BANDHAN BALANCED ADVANTAGE FUND 1,50,024 2.33% 5,83,59,336.00
12 HSBC FLEXI CAP FUND 3,26,496 5.08% 12,70,06,944.00
13 BANK OF INDIA BLUE CHIP FUND 1,28,554 2.00% 5,00,07,506.00
22,76,390 35.41% 88,55,15,710.00

Please note that capitalized terms used and not defined herein shall have the respective meaning ascribed to them in the red herring prospectus
dated August 23, 2024 filed with the Registrar of Companies, West Bengal at Kolkata.

We request you to make the above information public by disclosing the same on your website.

Thanking You,

For Baazar Style Retail Limited

(Formerly known as Baazar Style Retail Private Limited)

ABINAS Digitally signed by

ABINASH SINGH

H SINGH Date: 2024.08.29

21:13:02 +05'30'
Abinash Singh
Chief Compliance Officer,
Company Secretary and
Head Legal & Compliance
Membership No. A35070

cc: Securities and Exchange Board of India

Corporation Finance Department
Division of Issues and Listing
SEBI Bhavan, Plot No. C4 A, G Block
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051
Maharashtra, India

Baazar Style Retail Limited

{Formerly known as Baazar Style Retail Pvt. Ltd.)
PS Srijan Tech Park, DN-52, 12th Floor, Sector-V, Salt Lake, North 24 Parganas, West Bengal
700091 t: (033} 61256125 e: info@stylebaazar.com www.stylebaazar.in
CIN No: U18109WB2013PLC194160