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Electronics Mart India IPO
Electronics Mart India has filed preliminary papers for a public issue consisting of Rs 500 crore equities. The company is the fourth-largest electronics retailer in India with dominance in the states of Telangana and Andhra Pradesh. Click here to Apply for Electronics Mart India IPO
Opening Date
4th Oct, 2022
Closing Date
7th Oct, 2022
Price Band
₹56 - ₹59 per equity share
Issue Size
₹500 Cr
Face Value
₹10
per equity share
Market Lot
254 Shares
Opening Date
4th Oct, 2022
Closing Date
7th Oct, 2022
Price Band
₹56 - ₹59 per equity share
Issue Size
₹500 Cr
Face Value
₹10
per equity share
Market Lot
254 Shares
Listing at NSE, BSE
Electronics Mart India IPO Important Dates
| IPO Open Date | 4th Oct, 2022 |
|---|---|
| IPO Close Date | 7th Oct, 2022 |
| Allotment Date | 12th Oct, 2022 |
| Initiation Of Refunds | 13th Oct, 2022 |
| Credit Of Shares To Demat Account |
14th Oct, 2022 |
| IPO Listing Date | 17th Oct, 2022 |
| UPI Mandate Expiry Date | To be announced |
Electronics Mart India IPO Latest News and Subscription Status Today [Live]
At 05:56:00 PM.
- This IPO has been subscribed 71.93x by 05:56 PM. on Day 3
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 169.54x
- (NII) Non-institutional buyers: 63.59x
- (RII) Retail Individual buyers: 19.71x
- Employees: [.]
- This IPO has been subscribed 26.47x by 03:15 PM. on Day 3
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 37.98x
- (NII) Non-institutional buyers: 38.63x
- (RII) Retail Individual buyers: 14.68x
- Employees: [.]
- This IPO has been subscribed 26.47x by 01:29 PM. on Day 3
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 123.09x
- (NII) Non-institutional buyers: 58.24x
- (RII) Retail Individual buyers: 18.37x
- Employees: [.]
- This IPO has been subscribed 12.50x by 11:12 AM. on Day 3
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 5.95x
- (NII) Non-institutional buyers: 23.71x
- (RII) Retail Individual buyers: 11.44x
- Employees: [.]
At 00:05:00 PM.
- This IPO has been subscribed 7.57x by 05:00 PM. on Day 2
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 4.01x
- (NII) Non-institutional buyers: 11.74x
- (RII) Retail Individual buyers: 7.81x
- Employees: [.]
- This IPO has been subscribed 6.89x by 04:30 PM. on Day 2
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 2.76x
- (NII) Non-institutional buyers: 10.71x
- (RII) Retail Individual buyers: 7.62x
- Employees: [.]
- This IPO has been subscribed 2.64x by 11:12 AM. on Day 2
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 1.68x
- (NII) Non-institutional buyers: 2.54x
- (RII) Retail Individual buyers: 3.23x
- Employees: [.]
At 05:15:00 PM.
- This IPO has been subscribed 1.69x by 05:15 PM. on Day 1
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 1.68x
- (NII) Non-institutional buyers: 1.04x
- (RII) Retail Individual buyers: 1.98x
- Employees: [.]
- This IPO has been subscribed 0.71x by 03:20 PM. on Day 1
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.47x
- (RII) Retail Individual buyers: 1.21x
- Employees: [.]
- This IPO has been subscribed 1.04x by 01:17 PM. on Day 1
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.33x
- (RII) Retail Individual buyers: 9.2x
- Employees: [.]
- This IPO has been subscribed 0.20x by 11:16 AM. on Day 1
- It is a public issue of 62,500,000 equity shares.
- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.09x
- (RII) Retail Individual buyers: 0.36x
- Employees: [.]
About Electronics Mart India
The brand is one of the fastest growing consumer durables and electronics retailers with the revenue growing at a 25.60% CAGR from 2015-2020. Founded in 1980, the company has three decades of market experience. As of August 2021, they have 99 stores, of which eight stores are owned, 85 under long term lease rental model and six stores are partly owned and partly leased.
The company continued to increase its market reach, expanding to high potential locations in tier - I and II cities in Andhra Pradesh.
Electronics Mart India IPO Objectives
- Electronics Mart India will utilise the net proceeds to fund expansion.
- The money will be utilised for repayment and prepayment of certain borrowings availed by the company.
Why should you invest in Electronics Mart India IPO?
Here are our top reasons:
- The brand has three decades of fantastic track record and it continued to increase both its market share and revenue. They opened 22 new stores in FY21.
- They offer a diversified product portfolio with a long-standing relationship with leading consumer brands.
- Their business model provides operational flexibility to create a long-term sustainable footprint.
Financial Highlights
| Particulars (in Rs. Crores) | For the year/period ended (₹ in million) | FY21 | FY20 | FY19 |
|---|---|---|---|
| Revenue From Operation | 3201.8 | 3172.4 | |
| EBITDA | 203.8 | 227.6 | 215.9 |
| EBITDA Margin (%) | 6.37 | 7.18 | 7.65 |
| Profit After Tax | 58.6 | 81.6 | 77 |
| EPS | 1.95 | 2.72 | 2.57 |
| ROE | 11.92 | 18.84 | 22.64 |
Subscribe to our channel now to know about : Electronics Mart India IPO 2022
How to apply for Electronics Mart India IPO?
Retail investors need to apply for the IPO using UPI.
UPI
- Link your bank account to a UPI ID.
- Register your UPI id with your Demat account.
- Subscribe for Electronics Mart India IPO and approve the payment on your UPI ID.
Demat Account
- If you’re a new investor, Open a DEMAT Account for free with Angel One and begin your investment journey.
Electronics Mart India IPO Noteworthy Highlights:
- The company has a steady performance record and a robust balance sheet.
- Despite ongoing pandemic conditions they expanded to add new stores to their network. In FY 21, they added 22 new stores.
The Brand’s Pros & Cons:
| Pros | Cons |
|---|---|
| The company relies on innovative marketing techniques to drive growth and build brand name in the market. | The pandemic and declining economic conditions can impact the future cash flow. |
| Thirty years of market experience and deep understanding of the Indian electronics market and consumers. | Dependence on external suppliers cna impact the profit of the company. |
| Long-term relationship with many leading brands. | Concentration of revenue on few brands can affect future cash flow. |
Competitive Analysis: Market Peers
The company operates in a competitive domain. Here is a competitive analysis of its listed peer, Aditya Vision Ltd.
Electronics Mart India IPO FAQs
What is Electronics Mart India IPO?
The public issue from Electronics Mart India will include 500 crore equity shares.
When will Electronics Mart India IPO allotment be available?
Electronics Mart India IPO allotment date will be available from Oct 12, 2022.
What will be Electronics Mart India IPO lot size?
Electronics Mart India IPO lot size is 254 shares.
When will Electronics Mart India IPO open for subscription?
Electronics Mart India IPO is open for subscription from Oct 4, 2022.
What minimum lot size can retail investors subscribe to?
Retail investors can apply for a minimum of one lot.
When will Electronics Mart India list on exchanges?
It usually takes ten working days from the last day of subscription to list the IPO on the bourses.
How to check the allotment status of Electronics Mart India IPO?
Angel One customers can log in to their customer account to check Electronics Mart India IPO allotment status.
When checking the allotment status, keep your application, DP ID, and PAN number ready.
When checking the allotment status, keep your application, DP ID, and PAN number ready.
What would be the listing gains on Electronics Mart India IPO?
Listing gain is the difference between the IPO's opening and offer prices.
The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.
The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.
I have finished the application process for Electronics Mart India IPO, but the funds are not yet debited. What is the reason?
The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.
How to approve the UPI mandate request for the Electronics Mart India IPO?
See if you have received a payment request in the UPI portal. Login to the UPI interface and approve the payment request to complete the IPO application process.
Can I submit more than one application for the public issue of Electronics Mart India using one PAN?
No. Only one application at a time is allowed against one PAN card.
What is the minimum order quantity for Electronics Mart India IPO?
The minimum size of the application will be one lot.
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