Electronics Mart India IPO

Electronics Mart India IPO Review

Electronics Mart India IPO Overview

Electronics Mart India Limited, founded in 1980, is India’s fourth largest consumer durable and electronics store. The firm sells a wide variety of products, with a concentration on major appliances (air conditioners, televisions, washing machines, and refrigerators), mobile phones and small appliances, IT, and other items. More than 6,000 SKUs (stock keeping units) from more than 70 consumer durable and technology companies are included in the company’s portfolio.

Electronics Mart India Limited’s business models are as follows:

1. Ownership Model: The underlying property, including the land and building, is owned by the corporation.

2. Lease Rental Model: The firm has negotiated a long-term lease with the property owner (s). As of August 15, 2021, eight of the company’s 99 locations are owned, while 85 are leased.

The company does business through three channels: retail, wholesale, and e-commerce.
Retail: As of August 15, 2021, there are 99 stores, 88 of which are Multi Brand Outlets (“MBOs”) and 11 of which are Exclusive Brand Outlets (“EBOs”) (“EBOs”). For the fiscal years 2021, 2020, and 2019, retail revenue was Rs 29,312.84 million, Rs 28,991.35 million, and Rs 25,801.72 million, respectively.

Wholesale: The firm also engages in the wholesale of consumer durables, supplying items to single-shop merchants in the Andhra Pradesh and Telangana areas. For the fiscal years 2021, 2020, and 2019, the wholesale channel generated Rs. 530.53 million, Rs. 505.22 million, and Rs. 465.81 million, respectively.
E-Commerce: Currently, the e-commerce website serves as a catalogue for the things that the firm sells in shops. For the fiscal years 2021, 2020, and 2019, the income from the e-commerce channel was Rs. 444.57 million, Rs. 280.11 million, and Rs. 212.75 million, respectively.

Electronics Mart India IPO Details

Period Ended

Total Assets

Total Revenue

31-Mar-19

1109.15

2826.1

31-Mar-20

1347.6

3179.02

31-Mar-21

1523.53

3207.37

Amount in ₹ Crore

Period Ended

Profit After Tax

Net Worth

31-Mar-19

77.1

340.5

31-Mar-20

81.61

433.08

31-Mar-21

58.62

491.92

Amount in ₹ Crore

Electronics Mart India IPO Financial Performance

Electronics Mart India IPO DateOct 4, 2022 to Oct 7, 2022
Electronics Mart India IPO Face Value₹10 per share
Electronics Mart India IPO Price₹56 to ₹59 per share
Electronics Mart India IPO Lot Size254 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹500.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
Company Promoters

Pavan Kumar Bajaj and Karan Baja are the company promoters.

Electronics Mart India IPO Key Ratios

 

FY 2019

FY 2020

FY 2021

EPS

2.57

2.72

1.95

PE ratio

RONW (%)

22.64

18.84

11.92

NAV

16.40

ROCE (%)

25.94

20.28

14.35

EBITDA (%)

7.65

7.18

6.37

Debt/Equity

1.20

1.11

Listing Performance of Electronics Mart India IPO

Listed On : BSE, NSE

Issue Price :₹56 to ₹59 per share

Listing Day Close :

Listing Day Gain :

Electronics Mart India IPO ISIN Number Code

NSE : NA

ISIN CODE : INE02YR01019

BSE : NA

Electronics Mart India IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Electronics Mart India IPO Important Dates

Electronics Mart India IPO Opening Date

Oct 4, 2022

Electronics Mart India IPO Closing Date

Oct 7, 2022

Basis of Allotment

Oct 12, 2022

Initiation of Refunds

Oct 13, 2022

Credit of Shares to Demat

Oct 14, 2022

Electronics Mart India IPO Listing Date

Oct 17, 2022

Electronics Mart India IPO Contact Details

D. No: 6-1-91, Shop No. 10,
Ground Floor, Next to Telephone Bhavan, Secretaria
Saifabad, Hyderabad – 500 004
Phone: +91 040 4875 1125
Email: cs@bajajelectronics.in
Website: https://www.electronicsmartindia.com/

Electronics Mart India IPO Registrar Contact Details

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/

Electronics Mart India IPO FAQ's

The Electronics Mart India IPO is a BSE, NSE IPO of ₹56 to ₹59 per equity share with a face value of 10 per equity share.
The issue size is priced at [.] shares of ₹10 (aggregating up to ₹500.00 Cr).

The initial public offering (IPO) begins on Oct 4, 2022 and ends on Oct 7, 2022.
The registrar for the IPO is Link Intime India Private Ltd.

The Electronics Mart India IPO opens on Oct 4, 2022 and closes on Oct 7, 2022. The IPO Issue date may list on Oct 17, 2022.

Electronics Mart India IPO Market lot size is 254 Shares and the minimum order quantity is 254 Shares.

The finalisation of Basis of Allotment for Electronics Mart India IPO will be done on Oct 12, 2022. and the allotted shares will be credited to your demat account by Oct 14, 2022. Check the Electronics Mart India IPO status.

The Electronics Mart India IPO listing date is on Oct 17, 2022.

Electronics Mart India IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Electronics Mart India IPO Comments