
Electronics Mart India Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹31(52.54%)
Premium (ELP)
The public market debut of Electronics Mart India Limited's was completed on Oct 17, 2022 with its listing on the NSE, BSE exchange. The IPO process raised 8,47,45,762 Shares in total capital, consisting of TBD in new equity.
The offering featured a price range of ₹56 to ₹59 and minimum application size of 254 shares. Investor response during the subscription period from Oct 04, 2022 to Oct 07, 2022 influenced the final allotment ratios across investor categories.
Final allotment was announced on Oct 13, 2022, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Electronics Mart India Limited, founded in 1980, is the fourth-largest consumer electronics and durable goods retailer in India. The company offers a diverse range of products, including large appliances such as air conditioners, televisions, washing machines, and refrigerators, along with mobile phones, small appliances, and IT products. With over 6,000 SKUs (stock-keeping units) from more than 70 renowned brands, it provides customers with extensive choices. The company operates under two business models: the ownership model, where it owns both land and buildings, and the lease rental model, where properties are leased on a long-term basis. As of August 15, 2021, out of its 99 stores, 8 were owned, 85 were leased, and 6 had a mix of ownership and leasing. Electronics Mart India conducts its business through three main channels: retail, wholesale, and e-commerce. In the retail segment, it operates Multi-Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs), contributing significantly to its revenue. The wholesale division supplies consumer electronics to small retailers in Andhra Pradesh and Telangana, while its e-commerce platform serves as an online catalog for in-store products. Over the years, the company has consistently generated substantial revenue across all channels, reinforcing its strong presence in the Indian consumer electronics market.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Pavan Kumar Bajaj
- Karan Bajaj
Electronics Mart India Limited
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