Electronics Mart India Ltd. IPO details (4 – 7 Oct), (Price: 56 to 59)
Listing date and Listing Price of Electronics Mart IPO:
- Electronics Mart IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Electronics Mart IPO on NSE – Click Here
- Listing Price of Electronics Mart IPO on BSE – Click Here
Grey Market premium (GMP) price of Electronics Mart IPO :
Grey Market premium (GMP) price of Electronics Mart IPO is Rs. __. Grey Market premium (GMP) of Electronics Mart IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in) Check latest GMP of all IPOs.
Electronics Mart IPO Allotment link status on Kfintech:
Check the allotment status of Electronics Mart IPO on these three links given by Kfintech.
- Electronics Mart IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- Electronics Mart IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- Electronics Mart IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/
Electronics Mart IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
Electronics Mart IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select Electronics Mart IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of Electronics Mart IPO, with no. of shares allotted will come.
Electronics Mart IPO subscription status details:
|QIB (Qualified Institl. Bidders)||NIB (Non-institutional Investor)||RII (Retail Individual Investor)||Total No. of times applied|
|No. of shares offered|
Electronics Mart IPO highlights:
|Electronics Mart IPO bid Opens on||4 Oct 2022|
|Electronics Mart IPO bid Closes on||7 Oct 2022|
|Post issue Modification Period||8 Oct 2022 (10.00 – 11.00 am)|
|Cut-off time for UPI Mandate Confirmation||8 Oct 2022 (upto 12:00 PM)|
|Issue type||100% Book Building|
|Electronics Mart IPO issue size||₹ 500 Cr|
|Face value of each equity share||Rs. 10|
|Electronics Mart IPO Price band||Rs. 56 to Rs. 59 per share|
|Electronics Mart IPO market lot||254 equity and multiples|
|Electronics Mart IPO minimum order quantity||254 equity shares|
|Pre IPO equity share of promoters of Electronics Mart||100 %|
|Post IPO paid-up equity share of promoters of Electronics Mart||77.97 %|
|QIB portion reservation in Electronics Mart IPO||50 %|
|NIB portion reservation in Electronics Mart IPO||15 %|
|Retail portion reservation in Electronics Mart IPO||35 %|
|Retail individual bidder can apply in Electronics Mart IPO||up to 2 lakh (200,000) – Maximum 13 Lot|
|Retail individual discount in Electronics Mart IPO||NA|
|Employees can apply in Electronics Mart IPO||up to 5 lakh (500,000)|
|Employees Reservation in Electronics Mart IPO||NA|
|Employees Discount in Electronics Mart IPO||₹__ per equity share|
|Listing of Electronics Mart at Exchanges||NSE, BSE|
|Fund raised from Anchor Investors in Pre-IPO of Electronics Mart||NA|
|Registrar of Electronics Mart IPO issue||Kfin Tech Private Limited|
Electronics Mart IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Electronics Mart IPO are mentioned below.
|Electronics Mart IPO opens on||04.10.2022|
|Electronics Mart IPO Closes on||07.10.2022|
|Allotment basis date of Electronics Mart IPO||12.10.2022|
|Money refund date of Electronics Mart IPO||13.10.2022|
|Shares of Electronics Mart in Demat Account||14.10.2022|
|Electronics Mart IPO listing date on NSE, BSE||17.10.2022|
How much shares of Electronics Mart IPO are being offered?
|Type of Issue (Fresh / OFS)||No. of Equity shares offered||Amount of Equity shares|
|Total Issue size||₹ 500 Crore|
|Fresh Issue size||–||₹ 500 Crore|
|Offer for Sale (OFS)||–||₹ 0 Crore|
IPO Red Herring Prospectus (RHP) of Electronics Mart:
Objectives of the Electronics Mart IPO Issue: (Source – RHP)
Objects of the Fresh Issue
The Net Proceeds from the Issue are proposed to be utilized by our 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 our Company; and 4. General Corporate Purposes
Business of Electronics Mart: (Source – RHP)
We are the 4th largest and one of the fastest growing consumer durables and electronics retailers in India and as of Financial Year 2021, we are the largest regional organised player in the southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh (Source: Company Commissioned CRISIL Report). We commenced our business operations in 1980 and since then there has been a steady rise in our revenue from operations. We have been one of the fastest growing consumer durable & electronics retailers in India with a revenue CAGR of 17.90% from Financial Year 2016 to Financial Year 2021 (Source: Company Commissioned CRISIL Report).
We have consistently demonstrated profitability with a robust operating performance. EMIL had the second highest operating margin amongst our peers in Fiscal Year 2021. (Source: Company Commissioned CRISIL Report). Our Company has achieved revenue from operations of ₹ 14,084.45 million for the three month period ended June 30, 2022. Our Company had achieved revenue from operations of ₹ 43,493.16 million for Financial Year 2022, ₹ 32,018.76 million in Financial Year 2021 and ₹ 31,724.77 million in Financial Year 2020, representing 35.84 %, year-on-year growth and 0.93% year-on-year growth Financial Year 2022 and Financial Year 2021, respectively. As on August 31, 2022, our Company had 112 stores across 36 cities / urban agglomerates with a retail business area of 1.12 million sq. ft.
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