Subscription Allotment
  • As of August 31, 2022, The company operate and manage 112 stores with a retail business area of 1.12 million sq. ft. located across 36 cities/urban agglomerates, predominantly in Andhra Pradesh, Telangana and NCR.
  • Out of 112 stores, 100 stores are Multi Brand Outlets (MBOs) and 12 stores are Exclusive Brand Outlets (EBOs). And out of 100 Multi Brand Outlets (MBOs), 89 MBOs under the name “Bajaj Electronics”, 8 MBOs under the name of “Electronics Mart”,  2 specialized stores under the name “Kitchen Stories”, and one one store under the name of “Audio & Beyond”.

Objective of the Issue

  • Funding of capital expenditure for expansion and opening of stores and warehouses
  • Funding incremental working capital requirements
  • Repayment/prepayment, in full or part, of all or certain borrowings availed by our Company
  • General Corporate Purposes

IPO Details, Price, Market Lot

Electronics Mart India IPO Details
IPO Open Date 4 October 2022
IPO Close Date 7 October 2022
IPO Issue Size [.] Equity Shares of ₹10 (Aggregating up to ₹500.00 Cr)
Fresh Issue [.] Equity Shares of ₹10 (Aggregating up to ₹500.00 Cr)
Offer for Sale NIL
Retail Portion Not less than 35%
NII Portion Not less than 15%
QIB Portion Not more than 50%
Listing At NSE, BSE
Electronics Mart India IPO Price
Face Value ₹10 Per Equity Shares
IPO Price Band ₹56 – ₹59 Per Equity Share
Employee Discount
IPO Issue Type Book Built Issue
Electronics Mart India IPO Market Lot
No. of Shares Per Lot 254 Equity Shares
Minimum Lot Size 1 Lot of 254 Equity Shares
Maximum Lot Size 13 Lot of 3302 Equity Shares
Minimum Amount (Cut-off price) ₹14,986
Maximum Amount (Cut-off price) ₹194,818

IPO Date, Listing Date, Allotment Date

Electronics Mart India Time Table (Tentative)
IPO Open Date 4 October 2022
IPO Close Date 7 October 2022
Basis of Allotment Date 12 October 2022
Initiation of Refunds 13 October 2022
Credit of Share to Demat Account 14 October 2022
IPO Listing Date 17 October 2022

Financial Report

Year Total Assets (₹ in Million) Total Revenue (₹ in Million) Profit After Tax (₹ in Million)
31 March 2019 11,091.48 28,260.98 770.96
31 March 2020 13,476.01 31,790.17 816.08
31 March 2021 15,235.27 32,073.68 586.21
31 March 2022 18,247.42 43,530.71 1,038.91
30 June 2022 17,555.81 14,102.46 406.58

Company Promotor and Promotor’s Holding

Karan Bajaj and Pavan Kumar Bajaj are the promoters of Electronics Mart India.  

Pre Issue Promotor’s Holding 99.98%
Post Issue Promotor’s Holding ~ 77.97%
Promotors Pre Issue Share Holding Post Issue Share Holding
No. of Equity Shares % of total Equity Shares No. of Equity Shares % of total Equity Shares
Pavan Kumar Bajaj 152,057,999 50.69 152,057,999
Karan Bajaj 147,878,566 49.29 147,878,566

 

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
Electronics Mart India IPO Registrar
  • KFin Technologies Limited
Electronics Mart India IPO Lead Manager
  • Anand Rathi Advisors Limited
  • IIFL Securities Limited
  • JM Financial Limited

Electronics Mart India IPO Review (Apply or Avoid)

Brokerage Firms Review Review
 
Personal Opinion
It will be updated after IPO opens for the subscription.

FAQ