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)
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 Open:||October 4, 2022|
|Electronics Mart IPO Close:||October 7, 2022|
|Electronics Mart IPO Size:||Approx ₹500 Crores|
|Fresh Issue:||Approx ₹500 Crores|
|Offer for Sale:||Approx [.] Equity Shares|
|Face Value:||₹2 Per Equity Share|
|Electronics Mart IPO Price Band:||₹56 to ₹59 Per Share|
|Electronics Mart IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
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.
|Minimum Lot Size:||Minimum 254 Shares for 1 lot|
|Minimum Amount:||₹14,986 for 1 lot|
|Maximum Lot Size:||Maximum 3302 Shares for 13 lot|
|Maximum Amount:||₹194,818 for 13 lot|
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.
|Price Band Announcement:||September 28, 2022|
|Anchor Investors Allotment:||October 3, 2022|
|Electronics Mart IPO Open Date:||October 4, 2022|
|Electronics Mart IPO Close Date:||October 7, 2022|
|Basis of Allotment:||October 12, 2022|
|Refunds:||October 13, 2022|
|Credit to Demat Account:||October 14, 2022|
|Electronics Mart IPO Listing Date:||October 17, 2022|
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
|₹ in Crores|
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.
|Earning Per Share (EPS):||₹3.46 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||17.42%|
|Net Asset Value (NAV):||₹19.88 per Equity Share|
- Aditya Vision Limited
- Pavan Kumar Bajaj
- Karan Bajaj
Electronics Mart IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
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
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]
Electronics Mart IPO FAQs
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What is the Electronics Mart IPO Listing Date?
Note: The Electronics Mart IPO price band and date are officially announced. The IPO grey market premium (Electronics Mart IPO Premium) will be added to the IPO grey market page as it will start).
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