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Open
4 Oct 2022
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Close
7 Oct 2022
3
Allotment
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Listing
Mon, Oct 17, 2022
Price Band
₹56 to ₹59
Issue Size
8,47,45,762 shares (agg. up to ₹500 Cr)
Lot Size
254 Shares
Listing Date
Mon, Oct 17, 2022
Latest GMP
₹30
Est. Gain
52.54%
✦ AI Insight
GMP Trend
17-10-2022₹30Est. ₹89+52.54%
16-10-2022₹30Est. ₹89+50.85%
15-10-2022₹30Est. ₹89+50.85%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 53.08x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|---|
| Assets | 1,755.58 | 1,824.74 | 1,523.53 | 1,347.60 | 1,109.15 |
| Total Income | 1,410.25 | 4,353.07 | 3,207.37 | 3,179.02 | 2,826.10 |
| Profit After Tax | 40.66 | 103.89 | 58.62 | 81.61 | 77.10 |
| NET Worth | 637.97 | 596.51 | 491.92 | 433.08 | 340.50 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 | |
| Total Borrowing | 475.91 | 593.64 | 547.95 | 520.55 | 377.06 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jay Jalaram Technologies Ltd. | SME | ₹10.80 Cr | ₹36 | 46 | ₹52.50 | +45.83% | ₹151.00 (-1.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure for expansion and opening of stores and warehouses | 111.44 |
| 2 | Funding incremental working capital requirements | 220.00 |
| 3 | Repayment / prepayment, in full or part, of all or certain borrowings availed by our Company | 55.00 |
| 4 | General Corporate Purposes | 82.16 |
About Electronics Mart IPO
Incorporated in 1980, Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others. The company's offering includes more than 6,000 SKUs (stock keeping units) across product categories from more than 70 consumer durable and electronic brands. Electronics Mart India Limited business models: 1. Ownership Model: The company owns the underlying property including the land and building. 2. Lease Rental Model : The company has enter into a long-term lease arrangement with the property owner(s). As of August 15, 2021, out of the total 99 stores company operates, eight stores are owned, 85 stores are under the long-term lease rental model and six stores are partly owned and partly leased. The company operates its business activities across three channels retail, wholesale and e-commerce. Retail : As of August 15, 2021, out of 99 stores, 88 stores are Multi Brand Outlets ("MBOs") and 11 stores are Exclusive Brand Outlets ("EBOs"). The revenue from the retai
Contact Details
Electronics Mart India Ltd. AddressD.No: 6-1-91, Shop No.10Ground Floor, Next to Telephone Bhavan, SecretariaSaifabadHyderabad, Telangana, 500004+91 040 4875 1125cs@bajajelectronics.inVisit Website