IPO

Electronics Mart India Limited IPO

Mainboard

Speciality Retail

Listed On: Oct 17, 2022 at ₹ 90.0 (NSE)

₹ 14986 /254 Shares

Check Allotment

04 Oct, 2022

Open Date

07 Oct, 2022

Close Date

13 Oct, 2022

Allotment Date

17 Oct, 2022

Listing Date
Price Summary

Last Closing

104.25 (76.69%)

52 Week High

179.30

52 Week Low

102.73

Last Update

19-Dec-2025 3:30 PM
Electronics Mart India Limited IPO Issue Details
  • Issue Price ₹56-59 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price Approx 500 crores
  • Listing at BSE, NSE
  • List Price 90.0 (NSE)
  • Listing Date 2022-10-17
  • Lead Manager Anand Rathi Securities Limited ,IIFL Securities Ltd ,JM Financial Consultants Private Limited
  • Registrar KFin Technologies Limited
Electronics Mart India Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications : 1,16,770 Approx)
Electronics Mart India Limited IPO Documents
DRHP
RHP
Electronics Mart India Limited IPO Details


The IPO of Electronics Mart India Limited is priced at ₹56-59 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Oct 4, 2022 and ends on Oct 7, 2022. The allotment for Electronics Mart India Limited IPO will be finalized on Oct 13, 2022. Electronics Mart India Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 17, 2022. The company shall list its equity shares on the BSE, NSE. KFin Technologies Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Anand Rathi Securities Limited ,IIFL Securities Ltd ,JM Financial Consultants Private Limited.


The Electronics Mart India Limited IPO sets its price band at 56-59 for each share. A single application for Electronics Mart India Limited IPO must contain at least 254 shares.

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Electronics Mart India Limited IPO Subscription Analysis And Details
Retail
19.71x
QIB
169.54x
NII
63.59x
bNII
66.18x
sNII
58.42x
Total
71.93x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 17,857,142 13,392,858
8,928,572    4,464,286 		31,250,000 62,500,000
Day 1 04-10-22 05:00 PM
1.68 x 1.04
0.92 x   1.28 x 		1.98 x 1.69 x
Day 2 06-10-22 05:00 PM
4.01 x 11.74
10.99 x   13.25 x 		7.81 x 7.57 x
Day 3 07-10-22 05:00 PM
169.54 x 63.59
66.18 x   58.42 x 		19.71 x 71.93 x
Total No of Applications
2046780
Electronics Mart India Limited Valuations
Earnings Per Share (EPS) ₹3.46/-
P/E Ratio 21.70
RoNW 17.42%
Net Asset Value (NAV) - As on 30.06.22 ₹21.27
Electronics Mart India Limited Company Financials
In Crs.
In Cr.
31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets 1824.74 1523.53 1347.6 1109.15
Revenue 4353.07 3207.37 3179.02 2826.1
Profit After Tax 103.89 58.62 81.61 77.1
About Electronics Mart India Limited Company

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.

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Electronics Mart India Limited - Promoter(s)

Pavan Kumar Bajaj

Karan Bajaj

Pre Issue Share Holding : 100%

Post Issue Share Holding : 77.97%

Electronics Mart India Limited IPO - Issue Objectives
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.

Electronics Mart India Limited IPO - Anchor Investors

Electronics Mart India raises Rs 150 crore from anchor investors ahead of IPO.

A total of 20 anchor investors have invested in the company through the anchor book, including Nippon Life India, HDFC Trustee, Pinebridge Global Funds, Motilal Oswal MF, Tata MF, Sundaram MF, Whiteoak Capital, Aditya Birla Sun Life Insurance, Abakkus Emerging Opportunities Fund, Societe Generale, and Mirae Asset.