Electronics Mart India Limited IPO– Hyderabad based Electronics Mart India Limited is coming up with an IPO, which would open for subscription on October 4, 2022. Electronics Mart India is India’s fourth-largest retailer of electronics and consumer goods. Its revenues and margins are Stable . Should you invest in Electronics Mart India Limited IPO ? What are the risk factors in this IPO? In this article we would provide Electronics Mart India Limited IPOReview with detailed analysis.
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About Electronics Mart India Limited
Electronics mart india is 4th largest consumer durable and electronics retailer in India . Largest player in the Southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh. Electronics Mart India Limited, a 1980 incorporation, is India’s fourth-largest retailer of electronics and consumer goods. With a concentration on major appliances (such as air conditioners, televisions, washing machines, and refrigerators), mobile phones, small appliances, IT, and other products, the company offers a wide variety of goods. More than 70 consumer durable and electronic companies are represented by more than 6,000 SKUs (stock keeping units) across all product categories in the company’s offering. 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.
Electronics Mart India 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 The retail quota is 35%, QIB is 50%, and HNI is 15%.
Electronics Mart India limited IPO Details
|Electronics Mart IPO Dates||4 – 7 October 2022|
|Electronics Mart IPO Price||INR 56 – 59 per share|
|Fresh issue||INR 500 crore|
|Offer For Sale||Nil|
|Total IPO size||INR 500 crore|
|Minimum bid (lot size)||254 shares (INR 14,986)|
|Face Value||INR10 per share|
|Listing On||NSE, BSE|
Objective of Electronics mart India IPO :-
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
1. Funding of capital expenditure for expansion and opening of stores and warehouses.
2. Funding incremental working capital requirements.
3. Repayment / prepayment, in full or part, of all or certain borrowings availed by the Company.
4. General Corporate Purposes.
Competitive Strength of Electronics mart India IPO
1-The fourth-largest consumer electronics and hardware retailer in India, having headquarters in South India.
2-One of the fastest-growing consumer electronics and strong goods retailers, with a continuous track record of growth and profitability.
3-With cluster-based growth, expanding geographic reach and market presence.
4- Our business model offers operational flexibility to develop a long-term sustainable footprint.
5- Utilising our in-depth knowledge and comprehension of regional markets, we can offer a wide variety of products and offer the best possible product assortment.
6-Logistics and warehousing facilities that are strategically located, supported by strict stock management employing IT approaches.
7-Strong customer support, prompt supply, and setup assistance.
8- seasoned management team with a credible witness documentation
Electronics Mart India IPO Timeline
|Electronics Mart India IPO Opening Date||Oct 4, 2022|
|Electronics Mart India IPO Closing Date||Oct 7, 2022|
|Basis of Allotment||Oct 12, 2022|
|Initiation of Refunds||Oct 13, 2022|
|Credit of Shares to Demat||Oct 14, 2022|
|Electronics Mart India IPO Listing Date||Oct 17, 2022|
|Period Ended||Total Assets||Total Revenue||Profit After Tax||Net Worth|
|Amount in ₹ Crore|
Who are Electronics mart India Promoter-
Pavan kumar bajaj and karan bajaj are company promoters.
Electronics Mart India 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]