Electronics Mart IPO Date, Review, Price, Allotment, Analysis

Electronics Mart IPO date is fixed, the IPO is to open on October 4, 2022. and will close on October 7, 2022. Electronics Mart IPO to raise around ₹500 crores via IPO that comprises fresh issue of ₹500 crores and offer for sale up to [.] equity shares of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Electronics Mart India Limited is one of the largest electronics retailers in India. The company was incorporated in 1980 and based in Hyderabad. They are the 4th largest consumer durable and electronics retailer in India and as of Financial Year 2020, they are the largest player in revenue terms (Source: CRISIL Report).

Electronics Mart India (EMI) offers large appliances like Televisions, Refrigerators, Washing machines, Air conditioners, mobiles, small appliances, IT, and other electronics products as well. They are selling over 5000 SKUs in more than 70 consumer durable and electronics brands. They have 2 business models, 1. Ownership Model and 2. Lease Rental Model. They are selling products in retail, wholesale, and e-commerce as well.

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.
• General corporate purposes.

Electronics Mart IPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• Capital Market: May Apply
• Axis Bank: Not Rated
• Marwadi Shares: Apply
• Canara Bank: Apply
• Choice Broking: Apply
• Hem Securities: Apply
• Nirmal Bang: Apply
• SMC Global: Neutral
• Religare Broking: Neutral
• Ventura Securities: Apply

Electronics Mart IPO Date & Price Band Details

Electronics Mart IPO Market Lot

The Electronics Mart IPO minimum market lot is 254 shares with ₹14,986 application amount. The retail investors can apply up-to 13 lots with 3302 shares or ₹194,818 amount.

Electronics Mart IPO Allotment & Listing Dates

The Electronics Mart IPO date is October 4 and the close date is October 7. The Electronics Mart IPO allotment will be finalized on October 12 and the IPO listing on October 17.

You can check Electronics Mart IPO subscription status and Electronics Mart IPO allotment status on their respective pages.

Electronics Mart IPO Form

How to apply for the Electronics Mart IPO? You can apply for Electronics Mart IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Electronics Mart IPO in the Invest section. The other option is you can apply for Electronics Mart IPO via IPO forms downloaded via NSE and BSE. Check out the Electronics Mart forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Electronics Mart Company Financial Report

Electronics Mart IPO Valuation – FY2022

Check Electronics Mart IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Aditya Vision Limited

Company Promoters

• Pavan Kumar Bajaj
• Karan Bajaj

Electronics Mart IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

Electronics Mart IPO Allotment Status Check

Check Electronics Mart IPO allotment status on KFintech website allotment URL. Click Here

Electronics Mart IPO Lead Managers

• Anand Rathi Securities Limited
• IIFL Securities Ltd
• JM Financial Consultants Private Limited

Company Address

Electronics Mart India Limited
D. No: 6-1-91, Shop No. 10,
Ground Floor, Next to Telephone Bhavan, Secretaria
Saifabad, Hyderabad – 500 004
Phone: +91 040 4875 1125
Email: [email protected]
Website: https://www.electronicsmartindia.com/

Electronics Mart IPO FAQs