Tata BigBasket Share Price Today: What Drives It?

The share price of Tata BigBasket is currently unavailable since the company is unlisted. The share price of BigBasket is determined by the private market transactions. From BigBasket transactions of share prices, it can be seen that the prices have consistently increased. The increase in prices can be attributed to the support from the Tata Group, the increase in quick commerce through BB Now and the increase in IPO.

The unlisted market for BigBasket shares is dominated by:

• The company is expected to register more than ₹10,000 crore for the first time, with estimated revenue for FY24 at ₹10,627 crore, representing a growth rate of 5.8% compared to FY23.
• The company’s reduction of net loss by 20.7% to ₹1,415 crore in FY24  is a positive sign of improving financial health.
• BigBasket launched a new 10-minute food delivery service, aiming to challenge the likes of Swiggy and Zomato in Bengaluru in June 2025.
• The company is expected to increase its ultra-fast delivery service by expanding its dark store network by 500, from 700 to 1,200.
• Investment demand on secondary markets for Big Basket shares spikes with every new update on Big Basket’s IPO.

BigBasket and Big Bazaar are two unrelated entities, and are a common source of confusion among investors. Big Bazaar is a supermarket chain, and its share prices are in reference to Future Retail Limited, which is undergoing an insolvency process. Meanwhile, BigBasket is an online grocery company owned by the Tata Group. Additionally,Zepto unlisted shares are also available in the market for investors who want to explore new emerging e-commerce markets. BigBasket will remain unlisted while Blinkit, which is owned by Zomato and is a competitor to BigBasket in quick commerce, is listed on the NSE. For other consumer-facing unlisted companies, like Zepto, which is a direct competitor to BB now in the quick commerce segment, check the OYO Unlisted Share Price.

Big Basket IPO Date:  What We Know

People are keen to know about the Big Basket IPO date and track it as a top search investment query. Some information is publicly available. Big Basket has set a target to go public in the next 18 to 24 months. The company has a working timeline for listing in FY26. Big Basket IPO is expected to be in the range of ₹12,000 to ₹15,000 for the planned IPO, which will become one of the largest startup IPOs in India.

People like Hari Menon, Big Basket Co-founder and CEO, said that the IPO will have both primary and secondary sales, where Tata Digital and other company shareholders will sell their shares. Currently, the company is not in the process of raising funds and is banking on Tata to ramp up operations to help scale the company prior to the listing.

Important events to watch leading up to the planned Big Basket IPO date:

• Submission of the Draft Red Herring Prospectus (DRHP) to SEBI.
• EBITDA breakeven or profitability.
• Management changes – founders transition to advisory roles.
• BB Now expansion to 70 cities (currently 35).

BigBasket Share Name and NSE Listing

There is a new search trend, ‘BigBasket share name on NSE’, where investors expect to find BigBasket shares listed on the exchange. To clarify, BigBasket is not listed on NSE or BSE, and there is no BigBasket share price on NSE today. BigBasket shares will be available for listing and trading once the IPO goes public. The NSE unlisted share pricing is a separate classification; it pertains to the National Stock Exchange of India’s own shares, which are being traded in the private market. NSE Unlisted Share provides information on how the exchange is valued as an unlisted company. MSEI Unlisted Share serves a similar purpose with respect to another financial exchange in the unlisted space.

BigBasket Unlisted Shares: Pros, Cons and Long-Term Outlook

What makes investors optimistic?

Unmatched credibility and financial backing from the Tata Group’s ownership India’s online grocery market is expected to grow over 25% annually until 2030. Adoption of BB Now’s 10-minute delivery is increasing quickly in the metros. High-margin private label products account for a third of revenue. Pre-IPO investors stand to gain a lot from the significantly profitable listing expected when the IPO happens at ₹12,000-15,000 crore.

What are the risks?

• Net loss of ₹1,415 crore in FY24, still loss-making.
• Significant and improving competition from Zepto, Blinkit (Zomato), JioMart, and Amazon Fresh.
• The IPO date is still unknown and dependent on the company achieving profitability.
• High operational costs due to the expansion of dark stores.

Business Divisions of BigBasket

BigBasket operates across several business divisions that cater to a wide range of consumer needs:

• Grocery and Essentials: The core of BigBasket’s offerings, including fruits, vegetables, packaged goods, and staples. This division remains the largest revenue contributor.
• Private Label Products: Through exclusive brands like bb Royal and bb Popular, BigBasket provides a selection of private label goods, which contribute to higher margins and customer loyalty.
• Subscription Services: BigBasket offers services such as bbDaily for regular milk and essentials delivery and bbStar for loyalty programs, providing customers with convenience and exclusive discounts.
• Pharmaceutical and Wellness: Post-Tata acquisition, BigBasket expanded into new product categories like pharmaceuticals and wellness, broadening its appeal to health-conscious consumers.
• Technology and Logistics: BigBasket has heavily invested in technology to enhance its platform and last-mile delivery capabilities, which has been crucial in maintaining its competitive edge in India’s rapidly growing e-commerce space.

Financial Highlights of BigBasket

BigBasket has seen significant revenue growth, but its financial journey also reflects challenges that need to be addressed for long-term profitability. Here are some key financial highlights:

• Revenue Growth: BigBasket has seen consistent growth in revenue, with its revenue increasing from INR 8497 crores in FY 2022 to INR 9468 crores in FY 2023. This upward trend shows strong market demand for its services, even in a competitive landscape. However, the company still faces challenges in achieving profitability, with a notable increase in operating costs.
• Gross Margin Improvement: BigBasket’s gross margin improved slightly from 15.04% in FY 2022 to 15.34% in FY 2023, and is expected to reach 17.12% in FY 2024. This reflects the company’s efforts to optimize product sourcing, reduce supply chain inefficiencies, and improve private label product offerings.
• Negative EBITDA and EBIT: Despite growing revenue, BigBasket reported negative EBITDA and EBIT for the past few years, including a loss of INR 1362 crores in FY 2023. The Operating Profit Margin (OPM) also remained negative, reflecting ongoing operational inefficiencies and the impact of heavy investments in expansion.
• Net Loss: The company has reported consistent Net Profit Margins (NPM) in the negative, with a loss of INR 1785 crores in FY 2023, compared to a loss of INR 1040 crores in FY 2022. This indicates that while BigBasket is expanding rapidly, it has yet to achieve profitability.
• Increasing Borrowings: BigBasket’s borrowings rose significantly in FY 2024, reaching INR 1580 crores. This increase in borrowings suggests that the company is relying on external funding to support its expansion plans and cover operational costs.

Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided