Electronics Mart India Limited IPO Date, Review, and Details

electronics mart ipo

Electronics Mart India Limited IPO Date, Review, and Details (Electronics Mart IPO)

The Electronics Mart IPO is an NSE BSE IPO. They are going to raise ₹500 Crores via IPO. The issue is a price range of ₹56 to ₹59 per equity share. The IPO is to be listed on BSE, NSE. 

Electronics Mart India Limited was established in 1980 and is the fourth largest consumer durable consumer and electronics retailer in India. The company offers a diverse range of Large Appliances (Kitchens Appliances, TVs, Washing Machines, Air Conditioners & Refrigerators), mobile & Small Appliances, and IT products.

Electronics Mart India Limited (EMIL) was established by Pawan Kumar Bajaj and Karan Bajaj as a proprietary concern with a consumer durables and electronics store under the name ‘Bajaj Electronics.

This year till September 2022, the company had 112 stores in 36 cities. Electronics Mart India Limited operates under the Bajaj Electronics brand name, namely ‘Kitchen Stories’ apart from two exclusive stores of multi-brand outlets that cater to the needs of kitchens.

Anand Rathi is the Book Running Lead Manager of Advisors, IIFL Securities, and JM Financial Issues. KFin Technologies Limited is the registrar of the share sale. The company’s shares are expected to be listed on Monday, October 17, 2022

What is the official website of Electronics Mart India Limited?

Electronics Mart India Limited Official Website is https://www.electronicsmartindia.com/ 

What is the registered address of Electronics Mart India 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: cs@bajajelectronics.in
Websitehttps://www.electronicsmartindia.com/

Electronics Mart IPO Financial Report

Electronics Mart India Limited Financial Report
Period Ended Total Assets Total Revenue Profit After Tax Net Worth
31-Mar-19 1109.15 2826.1 77.1 340.5
31-Mar-20 1347.6 3179.02 81.61 433.08
31-Mar-21 1523.53 3207.37 58.62 491.92
Amount in ₹ Crore

Electronics Mart India Limited IPO Date & Price Band 

IPO Open: October 04, 2022
IPO Close: October 07, 2022
IPO Size: Approx ₹500 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: Rs.56 to Rs.59
IPO Listing on: BSE NSE 
Retail Quota: 35%
QIB Quota: 50%
NII Quota: 15%

Electronics Mart India Limited IPO Market Lot

The Electronics Mart India Limited IPO  minimum market lot is — shares with a ₹– application amount.

Application Lots Shares Amount
Retail (Min) 1 254 ₹14,986
Retail (Max) 1 3302 ₹194,818

Electronics Mart IPO Allotment & Listing Dates

The IPO date is October 04 and the IPO close date is October 07, 2022. The IPO allotment date is October 12 and the IPO Listing on October 17, 2022.

Event Date
Opening Date Oct 04, 2022
Closing Date Oct 07, 2022
Basis of Allotment Oct 12, 2022
Initiation of Refunds Oct 13, 2022
The credit of Shares to Demat Oct 14, 2022
IPO Listing Date Oct 17, 2022

Electronics Mart India Limited Company Promoter

Pavan Kumar Bajaj and Karan Baja are the company promoters.

Electronics Mart India Limited Company Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Websitehttps://karisma.kfintech.com/

Electronics Mart India Limited Lead Managers

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

What is Electronics Mart India Limited IPO?

The IPO is BSE SME IPO. They are going to raise ₹500 Crores via IPO. The issue is a price range of ₹56 to 59  per equity share. The IPO is to be listed on BSE and NSE.

When will IPO open?

The IPO will open for NII, QIB, and Retail Investors on October 04, 2022.

What is Electronics Mart India Limited Investors Portion?

The investors’ portion for NII is 15%, QIB is 50%, and Retail is 35%.

What is IPO Size?

The IPO size is ₹500 crores.

What is IPO Price Band?

The IPO Price range of ₹56 to 59 per equity share.

What is IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹120,000.  

Application Lots Shares Amount
Retail (Min) 1 254 ₹14,986
Retail (Max) 1 3301 ₹194,818

What is IPO Allotment Date?

The IPO allotment date is October 12, 2022.

What is the IPO Listing Date?

The IPO listing date is October 17, 2022. The IPO is to list on BSE and NSE. 

Also Read: Upcoming BSE NSE SME IPO 2022  

Also Read: Find the List of Stock Market Holidays in 2022

Also Read: What are the top 10 upcoming IPOs in 2022?

 

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