Electronics Mart IPO Date, Review, Price, Allotment & Analysis – IPO Watch

Written by on September 26, 2022

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 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 Machine, and Air Conditioner, mobiles and small appliance, IT and other elecronics 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

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  • Canara Bank: To be updated soon
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  • Reliance Securities: To be updated soon

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: ₹10 Per Equity Share
Electronics Mart IPO Price Band: ₹[.] to ₹[.] Per Share
Electronics Mart IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
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 [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Minimum Lot Size: Minimum [.] Shares for 1 lot
Minimum Amount: ₹[.] for 1 lot
Maximum Lot Size: Maximum [.] Shares for 13 lot
Maximum Amount: ₹[.] 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: October, 2022
Anchor Investors Allotment: October, 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
Revenue Expense PAT
2021 ₹3207 ₹3128 ₹58.62
2022 ₹4353 ₹4213 ₹103.89
2022 3M ₹1410 ₹1355 ₹40.66

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

Peer Group

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

What is Electronics Mart IPO?

Electronics Mart IPO is a main-board IPO. They are going to raise ₹500 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When Electronics Mart IPO will open?

The IPO is to open on October 4, 2022 for QIB, NII, and Retail Investors.

What is Electronics Mart IPO Investors Portion?

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

How to Apply the Electronics Mart IPO?

You can apply for Electronics Mart IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Electronics Mart IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Electronics Mart”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Electronics Mart IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Electronics Mart”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Electronics Mart IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Electronics Mart”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Electronics Mart IPO Size?

Electronics Mart IPO size is ₹500 crores.

What is Electronics Mart IPO Price Band?

Electronics Mart IPO Price Band is ₹[.] to ₹[.].

What is Electronics Mart IPO Minimum and Maximum Lot Size?

The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].

What is the Electronics Mart IPO Allotment Date?

Electronics Mart IPO allotment date is October 12, 2022.

What is the Electronics Mart IPO Listing Date?

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



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