Electronics Mart India IPO (EMI) Announcement All Details
About the company: Electronics Mart India Limited is a largest and fastest growing consumer durables and electronics retailers in india. India’s 4 largest on this segment as par financial year 2021.
To make electronics shopping, a fulfilling experience” – a thought that was the foundation of our humble beginning, way back in 1980. We, at Electronics Mart India (EMI), sought to uncomplicate the life of our customers by bringing the latest electronic gadgets at the lowest prices.
Today, with 10,56,835 square feet of retail space, a strong workforce of 2023 employees, 105 stores, and over 4 decades of legacy – it wouldn’t be inappropriate to say that Electronics Mart India (EMI) is truly iconic.
We are the 4th largest consumer durable and electronics retailer in India and as of Financial Year 2020, we are the largest player in the Southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh (Source: CRISIL Report).
Currently, we are South India’s largest and most reliable electronics retailer. Bajaj Electronics – a brand owned by EMI, is a household name when it comes to purchasing electronics.
Garnering great customer reviews, competitive prices, convenient finance options, and impeccable customer service defines us.
Click here to open free demat account and apply this IPO.
Electronics Mart India Limited Logo
Founded
1980
Company Promoters & Managing Director of the Company
Promoters : Pavan Kumar Bajaj, Karan Bajaj
Managing Director : Pavan Kumar Bajaj.
Electronics Mart India Limited IPO Details
| Issue Amount | Upto Rs 500 Crores |
| Electronics Mart India IPO Date | Oct 4, 2022 to Oct 7, 2022 |
| Offer Type | Book Built Offer |
| Face Value | Rs 10 Per Share |
| Price Band | Rs 56 to 59 |
| Lot Size | 254 Shares |
| IPO Registrar | KFin Technologies Limited(Formerly known as KFin Technologies Private Limited) |
Electronics Mart India IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 04 October 2022 |
| IPO Close Date | 07 October 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 12 October 2022 |
| Initiation of Refunds | 13 October 2022 |
| Credit of Shares to Demat Account | 14 October 2022 |
| IPO Listing Date (Trading Commence) NSE & BSE | 17 October 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
| Total | 100% |
Objects Of The Offer:
The Net Proceeds from the Issue are proposed to be utilized by the 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 the Company.
- 4. General Corporate Purposes.
Important Financial Data:
For the year/period ended (₹ in Crores) Last Three Year
| Particulars (in ₹ Crores) | As At June 30, 2022 | As at March 31, 2022 | As at March 31, 2021 | As at March 31, 2020 |
|---|---|---|---|---|
| Total Assets | 1755.58 | 1824.74 | 1523.53 | 1347.6 |
| Total Revenue | 1410.25 | 4353.07 | 3207.37 | 3179.02 |
| Net Profit & Loss For The Period | 40.66 | 103.89 | 58.62 | 81.61 |
Prospectus Document:
Download RHP File
Download DRHP File
Know all about this IPO
Electronics Mart India Ltd. IPO?
Issue Amount : Upto Rs 500 Crore.
What is Electronics Mart India IPO?
IPO is a main-board IPO. They are going to raise ₹ 500 Crores via IPO. The issue is priced at ₹ 56 to ₹ 59 per equity share. The IPO is to be listed on BSE & NSE.
Electronics Mart India IPO Open?
Tuesday, 4 October 2022 to Friday 7 October 2022.
Electronics Mart India IPO Will Open?
The IPO is to open on 4 October 2022 for QIB, NII, and Retail Investors.
Electronics Mart India IPO Promoter Holding
Pre Issue Share Holding 100%
Post Issue Share Holding 77.97%
Company Address & Contact Info.
Registered and Corporate Office:
Registered Office: D. No: 6-1-91, Shop No. 10,
Ground Floor, Next to Telephone Bhavan, Secretariat Road,
Saifabad, Hyderabad–500 004, Telangana, India;
Tel: +91 40-23242512
Corporate Office: 6-3-666/A1 to 7, 3rd and 4th Floors,
Opposite NIMS Hospital, Punjagutta Main Road,
Hyderabad –500082 Telangana, India;
Tel: +91 40 2323 0244
Contact Person: Rajiv Kumar, Company Secretary and
Compliance Officer;
Tel: +91 40 4875 1125
E-mail: cs@bajajelectronics.in;
Website: www.electronicsmartindia.com;
Corporate Identity Number: U52605TG2018PLC126593
Electronics Mart India IPO Registrar
KFin Technologies Limited
(Formerly known as KFin Technologies Private Limited)
Selenium Tower-B, Plot 31 &32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad -500032Telangana, India
Tel: +91 406716 2222
Mail: emil.ipo@kfintech.com
Investor Grievance E-mail: einward.ris@kfintech.com
Website: www.kfintech.com
Contact person: M Murali Krishna
SEBI Registration No.: INR000000221
How to apply on Zerodha, Electronics Mart India IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Electronics Mart India IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in Electronics Mart India Limited IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Electronics Mart India Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can check status on zerodha console.
Click Here to Open Zerodha Account
Book Running Lead Managers
| Name of the BRLM and Logo | Contact Person | Mail and Telephone |
|---|---|---|
| Anand Rathi Advisors Limited | Sumeet Lath / Shikha Jain | Tel: +91 22 66266745 E-mail:- emil.ipo@rathi.com |
| IIFL Securities Limited | Ankesh Jain | Tel:+91 22 6630 3030 E-mail: emil.ipo@jmfl.com |
| JM Finance Limited | Prachee Dhuri | Tel:+91 22 6630 3030 E-mail: emil.ipo@jmfl.com |
