Electronics Mart India IPO Details

Subscription StatusAllotment StatusListing Date

Electronics Mart India IPO subscription is to open on Oct 04, 2022 and will close on Oct 07, 2022, the price band of the Electronics Mart India IPO is fixed at ₹ 56 – ₹ 59. Electronics Mart India is the fastest-growing consumer durables and electronics retailer in India.

Electronics Mart India IPO

About Electronics Mart India

Electronics Mart India is the 4th largest and one of the fastest growing consumer durables and electronics retailers in India, Electronics Mart India is the largest regional organised player in the southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh. The company commenced its business operations in 1980 and since then there has been a steady rise in the revenue from operations. The company had 112 stores across 36 cities / urban agglomerates with a retail business area of 1.12 million sq. ft.

Objects of the Issue

  • Funding of capital expenditure for expansion and opening of stores and warehouses;
  • Funding incremental working capital requirements;
  • Repayment/prepayment, in full or part, of all or certain borrowings availed by the company; and
  • General Corporate Purposes.

Electronics Mart India Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 18,247.42 15,235.27 13,476.01
Total income 43,530.71 32,073.68 31,790.17
Total Expenses 42,133.13 31,278.06 30,589.73
Profit After Tax 1,397.58 795.62 1,121.79

Electronics Mart India IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto [.] Equity Shares of ₹ 10 (aggregating up to ₹ 5,000 million)
Issue Open  Date04-Oct-22
Issue Close Date07-Oct-22
Issue TypeBook Building
IPO Price Band₹ 56 – ₹ 59
Face Value ₹ 10
Market Lot 254 Equity Shares and in multiples thereof
Minimum Order Quantity 254 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolEMIL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Electronics Mart India IPO DRHP & RHP

Electronics Mart India IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1254₹ 14,986
Maximum133302₹ 1,94,818

Electronics Mart India IPO Lead Managers

  • Anand Rathi Advisors Limited
  • IIFL Securities Limited
  • JM Financial Limited

Electronics Mart India IPO Registrar

Electronics Mart India IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on04-Oct-22
Bid / Offer Closes on07-Oct-22
Finalisation of Basis of Allotment12-Oct-22
Initiation of refunds 13-Oct-22
Credit of the Equity Shares14-Oct-22
Listing Date17-Oct-22

Company Corporate Office

6-3-666/A1 to 7, 3rd and 4th Floors,
Opposite NIMS Hospital,
Punjagutta Main Road,
Hyderabad – 500 082
Telangana, India
Website: www.electronicsmartindia.com

Company Registered Office

D. No: 6-1-91, Shop No. 10,
Ground Floor, Next to Telephone Bhavan,
Secretariat Road, Saifabad,
Hyderabad – 500 004,
Telangana, India

Company Promoters

  • Pavan Kumar Bajaj
  • Karan Bajaj

Electronics Mart India IPO – FAQS

What is the Electronics Mart IPO Price?

The Electronics Mart IPO price band is ₹ 56 – ₹ 59 per share

When Electronics Mart IPO will open?

The Electronics Mart IPO opens on Oct 04, 2022 and closes on Oct 07, 2022

What is the lot size of Electronics Mart IPO?

The Electronics Mart IPO lot size is 254 Equity Shares and the minimum order quantity is 254 Equity Shares

Who is the Registrar for Electronics Mart IPO?

The Registrar for Electronics Mart India IPO is KFin Technologies Limited

How to apply in Electronics Mart IPO through UPI?

Check the step by step process here – Click here

How to apply in Electronics IPO through Zerodha?

Check the step by step process here – Click here

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