SubscriptionAllotment
  • 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 Date4 October 2022
IPO Close Date7 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 SaleNIL
Retail PortionNot less than 35%
NII PortionNot less than 15%
QIB PortionNot more than 50%
Listing AtNSE, BSE
Electronics Mart India IPO Price
Face Value₹10 Per Equity Shares
IPO Price Band₹56 – ₹59 Per Equity Share
Employee Discount
IPO Issue TypeBook Built Issue
Electronics Mart India IPO Market Lot
No. of Shares Per Lot254 Equity Shares
Minimum Lot Size1 Lot of 254 Equity Shares
Maximum Lot Size13 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 Date4 October 2022
IPO Close Date7 October 2022
Basis of Allotment Date12 October 2022
Initiation of Refunds13 October 2022
Credit of Share to Demat Account14 October 2022
IPO Listing Date17 October 2022

Financial Report

YearTotal Assets (₹ in Million)Total Revenue (₹ in Million)Profit After Tax (₹ in Million)
31 March 201911,091.4828,260.98770.96
31 March 202013,476.0131,790.17816.08
31 March 202115,235.2732,073.68586.21
31 March 202218,247.4243,530.711,038.91
30 June 202217,555.8114,102.46406.58

Company Promotor and Promotor’s Holding

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

Pre Issue Promotor’s Holding99.98%
Post Issue Promotor’s Holding~ 77.97%
PromotorsPre Issue Share HoldingPost Issue Share Holding
No. of Equity Shares% of total Equity SharesNo. of Equity Shares % of total Equity Shares
Pavan Kumar Bajaj152,057,99950.69152,057,999
Karan Bajaj147,878,56649.29147,878,566

 

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