Electronics Mart IPO : Incorporated in 1980, Electronics Mart India Ltd is the 4th largest consumer durable and electronics retailer in India. They provide the latest electronic gadgets at the lowest prices to their customers.
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Key Features of Electronics Mart India IPO
- Electronics Mart India IPO will open on October 4, 2022
- You can apply in this IPO from October 4, 2022 to October 7, 2022.
- Issue Price band of the company is ₹56 to ₹59 per equity share.
- Electronics Mart India IPO comprises fresh issue of equity shares worth ₹500 Crores.
- It has a minimum 254 shares in one lot and you have to spend a minimum of ₹14,986 for 1 lot.
- Electronics Mart India is looking to raise ₹500 Crores through this IPO.
What is Electronics Mart India Ltd
- Electronics Mart India is India’s 4th largest consumer durable and electronics retailer in south India.
- They are an established brand with 10,56,835 square feet of retail space, 2023 employees, 105 stores, and over 4 decades of experience.
- They have top brands with competitive prices and easy finance options.
- They have brands like Bajaj Electronics, Apple, Kitchen stories Audio & Beyond etc.
- Karan Bajaj is the CEO of Electronics Mart India Ltd.
- On the revenue front, the company has been in profits for the last 3 years. Positive sign for investors.
Electronics Mart India IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Electronics Mart India IPO price band is placed at ₹56 to ₹59 , but the grey market premium of this share is currently 24 (40.68%) i.e. at ₹83 (₹59 + ₹24). So the share price of Electronics Mart IPO in the grey market is ₹93.
Click here to Get Details IPO Grey Market Premium (GMP) Live
Electronics Mart IPO Live Subscription Status
Electronics Mart India IPO subscribed 71.93 times on it’s final day i.e. till 7th Oct, 2022.
Click here to Get Details IPO Subscription Status Live
Electronics Mart IPO Date, Lot Size, Allotment
Electronics Mart India IPO Details
| IPO Start Date | October 4, 2022 |
| IPO Close Date | October 7, 2022 |
| Fresh Equity Share Issue | Approx. ₹500 Crores worth of equity shares |
| Offer for Sale | – |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹56 – ₹59 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Electronics Mart IPO Timetable
| IPO Start Date | October 4, 2022 |
| IPO Close Date | October 7, 2022 |
| Basis of Share Allotment Date | October 12, 2022 |
| Refunds Date | October 13, 2022 |
| Credit of shares to Demat Account Date | October 14, 2022 |
| Electronics Mart India IPO Listing Date | October 17, 2022 |
Electronics Mart IPO Lot Size
| Minimum Lot Size | 254 shares for 1 lot |
| Minimum Amount | ₹ 14,986 for 1 lot |
| Maximum Lot Size | 3302 Shares (13 lot) |
| Maximum Amount | ₹194,818 (for 13 Lot) |
Electronics Mart India Financial Report (2021-2023)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2023 (3M) | ₹1410 | ₹1355 | ₹40.66 |
| 2022 | ₹4353 | ₹4213 | ₹103.89 |
| 2021 | ₹3207 | ₹3138 | ₹58.62 |
Electronics Mart IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Electronics Mart India IPO ?
- You can apply for the Electronics Mart IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Electronics Mart India IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Electronics Mart IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Electronics Mart India IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Electronics Mart IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Electronics Mart IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Electronics Mart IPO Allotment Status
You can check Electronics Mart IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Electronics Mart IPO
Electronics Mart India IPO Promoters
- Pavan Kumar Bajaj
- Karan Bajaj
Electronics Mart IPO Lead Managers
- Anand Rathi Securities Limited
- IIFL Securities Ltd
- JM Financial Consultants Private Limited
Electronics Mart India Contact Information
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
- Website: https://www.electronicsmartindia.com/
Electronics Mart IPO Registrar Contact Information
KFin Technologies Limited
- Phone: 04067162222, 04079611000
- Email: einward.ris@kfintech.com
- Website: https://karisma.kfintech.com/
Paisa kaudi recommendation on Electronics Mart IPO
Electronics Mart India is the 4th largest retailer of consumer durable and electronics in India. Price band is reasonable. Grey market premium is already ₹31. Can be considered for a long term gain. You can also invest in this IPO for more than 50% listing gain.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Electronics Mart India IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹500 Crores through this IPO. One lot has minimum 254 shares and you have to spend a minimum ₹14,986 for 1 lot.
Electronics Mart IPO price band is ₹56 to ₹59.
One lot has minimum 254 shares and you have to spend a minimum ₹14,986 for 1 lot. Maximum lot is 13 and you have to spent ₹194,818.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Electronics Mart IPO will open on October 4, 2022.
Basis of Allotment for Electronics Mart IPO will happen on October 12, 2022 and allotted shares will be deposited in your demat account on October 14, 2022.
Shares of Electronics Mart IPO will list in the market on October 17, 2022.
This covers all the points on Electronics Mart India IPO. Please write in the comment box if you need any further information on this.
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