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Electronics Mart India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 500

Price Range (₹)

₹ 59

Lot Size

254

Min Investment (₹)

₹ 14,986.00

Listing Exchange

MumbaiNSE

Open Date

04-Oct-2022

Close Date

07-Oct-2022

Listing Date

17-Oct-2022

Electronics Mart India Ltd News

Price Performance

1 Week2.27
1 Month5.71
3 Month-13.94
6 Month-25.23
1 Year-12.17

Electronics Mart India Ltd IPO Details

Initial public offering of 84,745,762* equity shares of face value of Rs. 10 each (Equity Shares) of Electronics Mart India Limited (the Company or the Issuer) for cash at a price of Rs. 59 per equity share (including a share premium of Rs. 49 per equity share) (Issue Price) aggregating to Rs. 500.00 crores (the Issue). The issue will constitute 22.03 % of the company post-issue paid-up equity share capital of the company. The offer price is Rs. 59 per equity share and the offer price is 5.9 times the face value of the equity shares. * Subject to finalisation of basis of allotment Bids can be made for a minimum of 254 equity shares and in multiples of 254 equity shares thereafter.

Objective of 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 the company. General Corporate Purposes.

Electronics Mart India Ltd Contact Details

Electronics Mart India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@bajajelectronics.in

Website - www.electronicsmartindia.com