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Electronics Mart India Ltd.

Electronics Mart India Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹59
₹59
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹59
Based on GMP
Min. Investment
₹14,986
1 lot × 254 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
04 Oct 2022
Close Date
07 Oct 2022
Allotment
12 Oct 2022
Listing Date
17 Oct 2022
Exchange
NSE & BSE
Price Band
₹59
Listing Price
See chart
Allotment Status
Price Band
₹59
Per share
Face Value
₹10 per share
 
Lot Size
254 Shares
per lot
Issue Size
8,47,45,762 shares (aggregating up to ₹500.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,986
1 lot
Pre-IPO Holding
30,00,03,000 shares
Promoters
Post-IPO Holding
38,47,48,762 shares
Promoters
P/E (Pre)
13.95x
 
UPI Deadline
2022-10-07
Mandate
Anchor AllotmentMon, 03 Oct 2022
Basis of AllotmentWed, 12 Oct 2022
Refund InitiationThu, 13 Oct 2022
Demat CreditFri, 14 Oct 2022
Listing DayMon, 17 Oct 2022
UPI Mandate Deadline2022-10-07
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Electronics Mart India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Oct 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
84,745,762
100% ₹500.00
IPO Shares Offered
Electronics Mart India Ltd. IPO total issue size: ₹500.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 84,745,762 ₹500.00
100.00%
* Based on upper price band ₹59 per share
Lot Size & Investment
Lot Size
254
Shares per Lot
Issue Price
₹59.00
Upper Band
Min Investment
₹14,986
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2508₹29,972
Retail (Max — 13 Lots)133,302₹194,818
S-HNI (Min — 14 Lots)143,556₹209,804
B-HNI (Min — 68 Lots)6817,272₹1,019,048
* Issue Price ₹59 × Lot Size 254 shares
IPO Schedule
Anchor
03 Oct 2022
✓ Done
IPO Open
04 Oct 2022
✓ Done
IPO Close
07 Oct 2022
✓ Done
Allotment
12 Oct 2022
✓ Done
Refunds
13 Oct 2022
✓ Done
Demat Credit
14 Oct 2022
✓ Done
Listing Day
17 Oct 2022
✓ Done
Electronics Mart India Ltd. — Live Price LIVE
₹59.00
INR · BSE
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Issue ₹59.00 Live Price
About Electronics Mart India Ltd.
Incorporated in 1980, Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others. The company's offering includes more than 6,000 SKUs (stock keeping units) across product categories from more than 70 consumer durable and electronic brands.Electronics Mart India Limited business models:1. Ownership Model: The company owns the underlying property including the land and building.2. Lease Rental Model : The company has enter into a long-term lease arrangement with the property owner(s). As of August 15, 2021, out of the total 99 stores company operates, eight stores are owned, 85 stores are under the long-term lease rental model and six stores are partly owned and partly leased.The company operates its business activities across three channels retail, wholesale and e-commerce.Retail : As of August 15, 2021, out of 99 stores, 88 stores are Multi Brand Outlets ("MBOs") and 11 stores are Exclusive Brand Outlets ("EBOs"). The revenue from the retail channel was Rs 29,312.84 million, Rs 28,991.35 million and Rs 25,801.72 million for Financial Year 2021, 2020 and 2019, respectively.Wholesale: The company is also engaged in the wholesale business of consumer durables, where the company supplies products to single-shop retailers in Andhra Pradesh and Telangana regions. The revenue from the wholesale channel was Rs. 530.53 million, Rs. 505.22 million and Rs. 465.81 million for Financial Year 2021, 2020 and 2019, respectively.E-Commerce : The e-commerce website currently functions as a catalogue for the products that company retail at stores. The revenue from the e-commerce channel was Rs. 444.57 million, Rs. 280.11 million and Rs. 212.75 million for Financial Year 2021, 2020 and 2019, respectively.
Objects of the Issue
1
1 Funding of capital expenditure for expansion and opening of stores and warehouses
2
2 Funding incremental working capital requirements
3
3 Repayment / prepayment, in full or part, of all or certain borrowings availed by our Company
4
4 General Corporate Purposes
Electronics Mart India Ltd. Financials (Amount in Crore)
Revenue from Operations
₹3,207.4
31-Mar-21
₹3,179.0
31-Mar-20
₹2,826.1
31-Mar-19
Profit After Tax (PAT)
₹58.6
31-Mar-21
₹81.6
31-Mar-20
₹77.1
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 2826.10 3179.02 3207.37
EBITDA N/A N/A N/A
Profit After Tax (PAT) 77.10 81.61 58.62
Net Worth 340.50 433.08 491.92
Total Assets 1109.15 1347.60 1523.53
Reserves & Surplus N/A N/A N/A
Borrowings 377.06 520.54 547.95
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered8,47,45,762 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding30,00,03,000 shares
Post-Issue Promoter Holding38,47,48,762 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Anand Rathi Advisors Ltd.
IIFL Capital Services Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Electronics Mart India Ltd. IPO subscribed?

Electronics Mart India Ltd. IPO is subscribed 1.00 times by Oct 07, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Electronics Mart India Ltd. IPO retail subscription status?

The Electronics Mart India Ltd. IPO retail category is subscribed 1.00 times as of 07 Oct 2022. The retail portion is oversubscribed.

How to subscribe Electronics Mart India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 04 Oct 2022 and closes 07 Oct 2022. Min investment: ₹14,986 (1 lot = 254 shares). UPI mandate: 2022-10-07.

How many times Electronics Mart India Ltd. IPO subscribed?

The Electronics Mart India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Electronics Mart India Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Oct 2022. Refunds: on 13 Oct 2022.

When Electronics Mart India Ltd. IPO will be listed?

The Electronics Mart India Ltd. IPO listing date is 17 Oct 2022, Monday. Listed on: NSE & BSE. Issue price: ₹59. Estimated listing: ₹59. GMP: NIL.

When Electronics Mart India Ltd. IPO close?

The Electronics Mart India Ltd. IPO closes on 07 Oct 2022, Friday. UPI mandate: 2022-10-07. Allotment: 12 Oct 2022. Listing: 17 Oct 2022.