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 Date | Oct 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 Size | 254 Shares |
Issue Size | [.] shares of ₹10 (aggregating up to ₹500.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Retail Shares Offered | Not 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
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.