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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Electronics Mart India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹59
Per ShareLot Size
254 Shares
Minimum Investment
₹14,986
Issue Size
₹500 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.98%
Issue Type
Book Building
ISIN
INE02YR01019
Electronics Mart India Limited is the 4th largest and one of the fastest growing consumer durables and electronics retailers in India and as of Fiscal 2021, it is the largest regional organised player in the southern region in revenue terms with dominance in Telangana and Andhra Pradesh. As on August 31, 2022, the Company operated 112 stores across 36 cities / urban agglomerates with more than 6,000 SKUs. It has been one of the fastest growing consumer durable & electronics retailers in India with revenue CAGR of 17.90% from Fiscal 2016 to 2021.
India's retail industry clocked 7.7% CAGR between Fiscals 2017 and 2022. Between Fiscals 2022 and 2027, CRISIL Research believes growth will accelerate at a 11-12% CAGR, as economic activity picks up and inflation remains in a low to moderate range in the long term. CRISIL Research estimates the size of India's consumer durables industry, including large consumer durables, mobile phones and smaller appliances, at Rs 3-3.2 trillion as of Fiscal 2022. The industry recorded ~12% CAGR between Fiscals 2017-2020, backed by increasing disposable incomes, lower penetration, a widening product base, competitive pricing, lowering replacement cycles and an expanding product portfolio.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 84,745,762* equity shares of face value of Rs. 10 each ("Equity Shares") of Electronics Mart India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 59 per equity share (including a share premium of Rs. 49 per equity share) ("Issue Price") aggregating to Rs. 500.00 crores (the "Issue"). The issue will constitute 22.03 % of the company post-issue paid-up equity share capital of the company. The offer price is Rs. 59 per equity share and the offer price is 5.9 times the face value of the equity shares. * Subject to finalisation of basis of allotment Bids can be made for a minimum of 254 equity shares and in multiples of 254 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Electronics Mart India Limited was originally formed as a sole proprietorship under the name of `M/s Bajaj Electronics' at Hyderabad in 1980 and it was converted into a partnership firm under the name of `M/s Bajaj Electronics' ("Bajaj Electronics") pursuant to partnership deed dated March 25, 2011, and was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Hyderabad (South) on April 13, 2011. Pursuant to the deed of partnership dated July 31, 2017, constitution of `M/s Bajaj Electronics' was modified to admit new partners and a memorandum acknowledging receipt of documents for change in constitution of partnership was issued by Registrar of Firms, Hyderabad (South), on August 2, 2017. `M/s Bajaj Electronics was thereafter converted into a public limited company under the Companies Act, 2013 with the name Electronics Mart India Limited pursuant to certificate of incorporation issued by Central Registration Centre, Registrar of Companies dated September 10, 2018.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.