Electronics mart ipo gmp ipowatch

Check Electronics Mart India IPO GMP Grey market premium, Kostak rate, and Subject to Soda as of today. The Electronics Mart India IPO has begun on 4-Oct-2022. It will close on 07-Oct-2022. The Total IPO Size is 500 Crore. The company set its IPO price is 56-59 Rs Per Share. Basically, there are three basic categories in Electronics Mart India IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs). As on August 15, 2021, our Company had 99 stores across 31 cities / urban agglomerates with a retail business area of 0.99 million sq. ft. They operate 85 MBOs under the name “ Bajaj Electronics”, 1 MBO under the name “ Tirupati Electronics” and 2 specialized stores under the name “Kitchen Stories” which caters to the kitchen specific demands of our customers. Electronics Mart India Limited business models are mention below :- Retail: With the object of providing comprehensive electronic solutions, The Company has set up diverse consumer durable and electronic retail stores arraying multifarious as well as specialized electronic products. Wholesale: They are also engaged in the wholesale business of consumer durables, where we supply products to single shop retailers in Andhra Pradesh and Telangana regions. E-Commerce: In 2017, They diversified our operations by venturing into the e-commerce space through the website. The e-commerce website currently functions as a catalog for the products we retail at our stores. ...

Check Electronics Mart India IPO GMP Grey market premium, Kostak rate, and Subject to Soda as of today. The Electronics Mart India IPO has begun on 4-Oct-2022. It will close on 07-Oct-2022. The Total IPO Size is 500 Crore. The company set its IPO price is 56-59 Rs Per Share. Basically, there are three basic […]

Electonics Mart IPO, which received an overwhelming response from investors, may list at a significant premium on bourses on Monday. According to 5paisa.com, grey market premium (GMP) of the company was hovering around Rs 30 on Friday against the issue price of Rs 59, indicating an upside of over 50 per cent on listing. The Rs 500-crore public offer, which was opened for subscription on October 4, 2022, got oversubscribed by 71.93 times on the last day of bidding process on October 7. The issue received bids for 4,49,53,64,644 shares against 6,25,00,000 shares offered by the company. On the other hand, data available with IPOWatch showed that grey market premium of Electronics Mart was up around 40 per cent in the evening trade on Friday. Electronics Mart India (EMIL) is the fourth largest and one of the fastest growing consumer durables and electronics retailers in India. It is the largest regional organised player in the southern region in revenue terms with dominance in Telangana and Andhra Pradesh. EMIL registered healthy revenue CAGR of around 17.9 per cent in FY16-21. It has remained profitable even during the pandemic while its EBITDA margin has been in the range of 6-7 per cent over FY20-22. Most of the brokerage including ICICI Securities, Choice Broking and KR Choksey gave ‘Subscribe’ rating to the issue. Also read: “At upper price band, EMIL is valued at 0.6 times EV/sales and 22 times P/E of FY22. We assign a ‘Subscribe’ rating as valuations appear r...

Electronics Mart India Limited is the fourth-largest and one of the fastest growing consumer durables and electronics retailers in India and the largest regional organized player in the southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh. The company has 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. Its offering includes more than 6,000 SKUs across product categories from more than 70 consumer durable and electronic brands. It operates its business activities across three channels – retail, wholesale, and e-commerce.;

Electronics Mart IPO date is fixed, the IPO is to open on October 4, 2022. and will close on October 7, 2022. Electronics Mart IPO to raise around ₹500 crores via IPO that comprises fresh issue of ₹500 crores and offer for sale up to [.] equity shares of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. Electronics Mart India Limited is one of the largest electronics retailers in India. The company was incorporated in 1980 and based in Hyderabad. They are the 4th largest consumer durable and electronics retailer in India and as of Financial Year 2020, they are the largest player in revenue terms (Source: CRISIL Report). Electronics Mart India (EMI) offers large appliances like Televisions, Refrigerators, Washing machines, Air conditioners, mobiles, small appliances, IT, and other electronics products as well. They are selling over 5000 SKUs in more than 70 consumer durable and electronics brands. They have 2 business models, 1. Ownership Model and 2. Lease Rental Model. They are selling products in retail, wholesale, and e-commerce as well. Objects of the 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 IPO Review (Apply or Not) • Apply Brokerage Firm IPO Review • Capital Market: May Apply • Axis Bank: Not Rated • Marwadi Share...

Elin Electronics IPO: The initial public offering (IPO) of Elin Electronics Ltd is going to open for subscribers on 20th December 2022 and it will remain open for bidders till 22nd December 2022. The public issue worth ₹475 crore aims to raise ₹175 crore from fresh issue whereas ₹300 crore of the net proceeds has been kept reserved for OFS (offer for sale) route. Elin Electronics IPO GMP today As per the market observers, Elin Electronics IPO grey market premium (GMP) today is ₹47, which is ₹7 higher from its weekend GMP of ₹40. So, the grey market sentiments have gone further northward despite weak sentiments on Dalal Street. They said that much will depend upon the Dalal Street sentiments and the kind of response this public issue receives from the investors. However, they maintained that GMP of ₹47 is a good sign as the premium signaled by the grey market is around 19 per cent higher from its price band of ₹234 to ₹247 per equity share. What this GMP means? Market observers said that Elin Electronics IPO GMP today is ₹47, which means grey market is expecting that Elin Electronics IPO listing price would be around ₹294 ( ₹247 + ₹47), which is around 19 per cent higher from Elin Electronics IPO price band of ₹234 to ₹247 per equity share. They said that ahead of Elin Electronics IPO subscription date, grey market is signaling strong listing premium for lucky allottees. However, stock market experts maintained that GMNP should not be taken seriously as it is a non-regulate...

Electonics Mart IPO, which received an overwhelming response from investors, may list at a significant premium on bourses on Monday. According to 5paisa.com, grey market premium (GMP) of the company was hovering around Rs 30 on Friday against the issue price of Rs 59, indicating an upside of over 50 per cent on listing. The Rs 500-crore public offer, which was opened for subscription on October 4, 2022, got oversubscribed by 71.93 times on the last day of bidding process on October 7. The issue received bids for 4,49,53,64,644 shares against 6,25,00,000 shares offered by the company. On the other hand, data available with IPOWatch showed that grey market premium of Electronics Mart was up around 40 per cent in the evening trade on Friday. Electronics Mart India (EMIL) is the fourth largest and one of the fastest growing consumer durables and electronics retailers in India. It is the largest regional organised player in the southern region in revenue terms with dominance in Telangana and Andhra Pradesh. EMIL registered healthy revenue CAGR of around 17.9 per cent in FY16-21. It has remained profitable even during the pandemic while its EBITDA margin has been in the range of 6-7 per cent over FY20-22. Most of the brokerage including ICICI Securities, Choice Broking and KR Choksey gave ‘Subscribe’ rating to the issue. Also read: “At upper price band, EMIL is valued at 0.6 times EV/sales and 22 times P/E of FY22. We assign a ‘Subscribe’ rating as valuations appear r...

Check Electronics Mart India IPO GMP Grey market premium, Kostak rate, and Subject to Soda as of today. The Electronics Mart India IPO has begun on 4-Oct-2022. It will close on 07-Oct-2022. The Total IPO Size is 500 Crore. The company set its IPO price is 56-59 Rs Per Share. Basically, there are three basic categories in Electronics Mart India IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs). As on August 15, 2021, our Company had 99 stores across 31 cities / urban agglomerates with a retail business area of 0.99 million sq. ft. They operate 85 MBOs under the name “ Bajaj Electronics”, 1 MBO under the name “ Tirupati Electronics” and 2 specialized stores under the name “Kitchen Stories” which caters to the kitchen specific demands of our customers. Electronics Mart India Limited business models are mention below :- Retail: With the object of providing comprehensive electronic solutions, The Company has set up diverse consumer durable and electronic retail stores arraying multifarious as well as specialized electronic products. Wholesale: They are also engaged in the wholesale business of consumer durables, where we supply products to single shop retailers in Andhra Pradesh and Telangana regions. E-Commerce: In 2017, They diversified our operations by venturing into the e-commerce space through the website. The e-commerce website currently functions as a catalog for the products we retail at our stores. ...

Check Electronics Mart India IPO GMP Grey market premium, Kostak rate, and Subject to Soda as of today. The Electronics Mart India IPO has begun on 4-Oct-2022. It will close on 07-Oct-2022. The Total IPO Size is 500 Crore. The company set its IPO price is 56-59 Rs Per Share. Basically, there are three basic […]

Electronics Mart India Limited is the fourth-largest and one of the fastest growing consumer durables and electronics retailers in India and the largest regional organized player in the southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh. The company has 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. Its offering includes more than 6,000 SKUs across product categories from more than 70 consumer durable and electronic brands. It operates its business activities across three channels – retail, wholesale, and e-commerce.;