Electronics mart ipo gmp today

IPO Grey Market Premium (GMP) is trending for Spectrum Talent Management, IKIO Lighting, Sonalis Consumer Products, Cosmic CRF, Urban Enviro Waste Management, Bizotic Commercial, HMA Agro Industries, Cell Point (India), Vilin Bio Med, Essen Speciality Films IPO. Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. GMP or Grey Market Premium adding to issue price gives the estimated listing price of the IPO share. Here we are reporting the GMP of all upcoming and current IPOs along with Kostak price. Estimated Listing Price is also calculated by adding up GMP and IPO cap price. -- NA Upcoming 15-Jun-2023 11:23:47 AM 25 132 (23.36%) 107 Upcoming 23-Jun-2023 27-Jun-2023 6-Jul-2023 15-Jun-2023 05:29:26 PM -- 585 (0.00%) 585 Upcoming 20-Jun-2023 23-Jun-2023 4-Jul-2023 15-Jun-2023 08:00:08 AM 4 64 (6.67%) 60 Upcoming 19-Jun-2023 21-Jun-2023 30-Jun-2023 15-Jun-2023 05:29:46 PM -- 30 (0.00%) 30 Upcoming 16-Jun-2023 21-Jun-2023 30-Jun-2023 15-Jun-2023 08:00:08 AM Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... 12 112 (12.00%) 100 Open 15-Jun-2023 20-Jun-2023 29-Jun-2023 15-Jun-2023 05:28:57 PM 10 340 (3.03%) 330 Open 14-Jun-2023 16-Jun-2023 26-Jun-2023 15-Jun-2023 05:27:41 PM 2 177 (1.14%) 175 Open 12-Jun-2023 ...

The three day initial public offering (IPO) of Electronics Mart India (EMIL) has opened for public subscription on Tuesday and will conclude on October 7, 2022, with the price band at ₹56-59 per share. The initial share sale consists of a fresh issue of equity shares aggregating to ₹500 crore, with no offer for sale (OFS) component. The company said that it intends to utilise the net proceeds from the “In terms of valuations, the post-issue P/E works out to 21.8x FY22 EPS (at the upper end of the issue price band) which is low compared to its peer Aditya Vision Ltd. Further, EMIL has better revenue growth (CAGR of 17%) over 2 years, better return on equity and expansion plan on the cards. Considering all the positive factors, we believe this valuation is at reasonable levels. Thus, we recommend a Subscribe rating on the issue," said brokerage Angel One. Incorporated in 1980, “Electronics Mart India is amongst the dominating consumer durables and electronics retailer centralised in South India. Almost 90% of its revenues come from retail chains. 50% of its revenue comes from the sale of large appliances. Based on FY22 earnings post fresh issue, the IPO is priced at a p/e of 21.77x on the upper band, which seems to be moderate as the sector is highly competitive with the presence of deep pocketed players – in both online & offline segments," said Abhay Doshi, co-founder, UnlistedArena.

Electronics Mart IPO allotment date: Subscribers and investors who have bided for the initial public offering (IPO) Electronics Mart India are now eagerly waiting for the announcement of the share allotment status. The subscription process for the Electronics Mart closed on October 7, 2022. The share allotment status of the Rs. 500 crore worth issue is likely to be finalised on October 12. The shares of the Electronics Mart IPO are available at a premium of Rs. 26.50 in the grey market today, according to market observers, Once the share allotment status is declared, subscribers will be able to check it online by visiting the official website of BSE or the registrar of the IPO- KFin Technologies Limited. Also, the shares of the company will likely be listed on stock exchanges (BSE and NSE) on October 17, 2022. Here is a step-by-step guide to show how you can check the Electronics Mart IPO share allotment status online: 2. Select Electronics Mart IPO in the menu, available only after the finalisation of the share allotment status. 3. Enter your application number allotted for Electronics Mart IPO. 4. Then enter your Permanent Account Number (PAN card number). 5. Click at 'I'm not a robot' and confirm the captcha. 6. At last click at the 'Submit' button. You will be able to see the Electronics Mart IPO allotment status displayed on the screen.

The Rs 500-crore Electronics Mart India IPO, which got fully subscribed on Day 1 itself, saw increased investor demand, as the issue attracted 3.11 times subscription by 11.30 am on Day 2 of the bidding process. The IPO, which is being sold in Rs 56-59 range, received bids for 19,41,23,818 shares against the issue size of 6,25,00,000 shares, with the quota reserved for retail individual investors (RIIs) getting 4.07 times subscription. A strong trend in the secondary market, positive analyst recommendations and the ongoing festive season lifted grey market premium of the consumer durables retailer to Rs 36 level from Rs 30-32 level a couple of days ago.  "Despite challenges in terms of stiff competition, Electronics Mart has been delivering strong growth, reflecting efficiency. The asking IPO valuations are deemed attractive and the recent secondary market performance is adding to the sentiment," said Abhay Doshi, co-founder at UnlistedArena.     The company offers a diversified range of products with focus on large appliances such as air conditioners, televisions, washing machines and refrigerators. As of August 31, out of the total 112 stores it operated, 11 stores were owned, 93 stores were under long-term lease rental model and eight stores were partly owned and partly leased. Subscribe, say analysts Nirmal Bang Securities said Electronics Mart enjoys favorable terms of pricing from brands due to its scale, adding that the company has demonstrated superior per...

Hyderabad based Electronics Mart India Limited is coming up with an IPO, which would open for subscription on 4 th October, 2022. Electronics Mart India Limited is the fourth largest consumer durable and electronics retailer in India. Company generated strong revenue growth in the last 3 years. Should you invest in Electronics Mart IPO? What is Electronics Mart IPO GMP today? In this article we would provide Electronics Mart India IPO Review with detailed analysis. Also Read: Company offers a diversified range of products with a focus on large appliances (such as air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others. Its offering includes more than 6,000 SKUs across product companies from more than 70 consumable durable and electronic brands. Its business model is a mix of ownership and lease rental model. Under the ownership model, they own the underlying property, including the land and buildings and in lease model, they enter into a long term lease arrangement with the property owner. As of Aug 2022 end, there are total 99 stores they operate, 8 stores they own and 85 stores are under lease rent model and 6 stores under partly owned and partly leased. Company operates its business in 3 channels i.e. Retail, Wholesale and e-commerce. Electronics Mart India IPO Details – Dates, Issue details, Size and Price Band Here are the issue details. IPO Opening Date 04-Oct-22 IPO Closing Date 07-Oct-22 Issue Type Book Built ...

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...

1/5 Electronics Mart IPO: Initial public offering (IPO) Electronics Mart India opened for subscription on October 4 and today (October 7) is the last day to bid for the same. Once the bidding process ends, the share allotment status of the Electronics Mart IPO is expected to be finalised on October 12, 2022. The shares of the company will likely be listed on stock exchanges (BSE and NSE) on October 17, 2022. If you are still waiting to subscribe for the IPO, here are the details you need to know. (Electronics Mart India Website) 3/5 Electronics Mart IPO Subscription Details: The shares of the Electronics Mart IPO were fully subscribed 1.69 times on the first day of subscription on Tuesday. While on the second day the IPO received 7.57 times subscription. After the finalisation of the Electronics Mart IPO share allotment status, subscribers and investors of the same will be able to check the status online by visiting the official website of BSE or the registrar of the IPO that is KFin Technologies Limited. (Electronics Mart India Website) 4/5 Electronics Mart IPO how to check share allotment status online via BSE: You will have to visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx. You will then have to select Electronics Mart IPO in the menu and enter your application number and Permanent Account Number (PAN card number). After that click at 'I'm not a robot' and confirm the captcha. At last click a...

TCS Work From Office Rule: ‘Productivity is Hampered Because…’ - Say Employees; Two Things Worrying Staff Returning To Office – Know What © Provided by Business Today Electronics Mart India IPO share allotment today: Here's how to check status online The allotment of shares of consumer durable and electronics retailer Electronics Mart India will be finalised today. The grey market premium (GMP) of the stock stood at Rs 30 today, implying that the grey market expects the firm to list around Rs 89 (Rs 59 + Rs 30). The IPO had a price band of Rs 56 to Rs 59 per share. Shares of Electronics Mart will be listed on NSE and BSE on October 17. Those who have bid for the IPO can check their allotment status online. The allotment status will be declared on the official website of the registrar and on the BSE website. KFin Technologies Limited is the official registrar of the Electronics Mart IPO. ALSO READ: They can either check it on BSE website or at the official website of its registrar KFin Technologies Limited. BSE website A bidder should login at direct BSE link and follow the below-mentioned step by step guide: 1. Login at the direct BSE link - bseindia.com/investors/appli_check.aspx; 2. Select Electronics Mart India IPO; 3. Submit your Electronics Mart India IPO application number; 4. Enter PAN card details; 5. Click at 'I'm not a robot'; 6. Click at 'Submit' button. Your IPO allotment status will be displayed on the computer monitor or on the smartphone screen. KFintech Bid...

Electronics Mart The listing premium is expected to be in the range of 35-45 per cent over the issue price of Rs 59 a share, experts said, citing reasonable valuations, healthy financials in a competitive sector and robust growth prospects of the industry. Electronics Mart IPO Subscription Status The maiden public issue of Electronics Mart India was subscribed 71.93 times during October 4-7, with qualified institutional buyers buying 169.54 times the allotted quota. Retail and non-institutional investors also remained aggressive, putting in bids 19.71 times and 63.59 times the portion set aside for them. Electronics Mart IPO GMP today Meanwhile, grey market sentiments have remained steady in regard to Electronics Mart shares. According to market observers, shares of Electronics Mart are available at a premium of Rs 30 in grey market today that means grey market is expecting strong listing of the public issue. Market observers said that Electronics Mart IPO GMP has remained around Rs 30 for more than a week and it has remain unperturbed by the secondary market sentiments. That means, grey market is quite bullish on Electronics Mart shares. Electronics Mart IPO Listing Gains On Electronics Mart IPO listing price, Manoj Dalmia, Founder & Director at Proficient Equities said, “Electronics Mart India shares are commanding a premium or grey market premium (GMP), has surged to Rs 30 in the grey market today as compared to Rs.24 yesterday. We can expect a listing price of ₹86-89. ...

Electronics Mart If you also have been planning to invest your money in Electronics Mart India (EMIL) IPO, here are things you need to know Electronics Mart IPO Price Band EMIL has fixed the price band for the IPO range of Rs 56 to Rs 59. The entire issue would be in the form of a fresh of shares aggregating to Rs500 crore. Electronics Mart IPO Lot Size The minimum lot size is 254 shares. Retail investors can apply for a minimum of 1 and a maximum of 13 lots, making up a total of 3,302 shares. At the upper range of the price band, one lot size would be worth Rs 14,986. EMIL’s performance in the Last Financial Year In FY 2022, the company reported a net profit of Rs 103.89 crore from a revenue of Rs 4,349 crore. For the quarter ending in June 2022, EMIL reported a net profit of Rs 40.66 crore and Rs 1,410.25 crore in revenue. Electronics Mart IPO Objective The company said that it intends to utilise the net proceeds from the IPO to fund its capital expenditure, support incremental working capital requirements and pay debt and will also be used for general corporate purposes. Electronics Mart IPO Allotment Process The final allotment of shares will be announced by October 12 with refund initialization by October 13. The credit of allotted shares to the Demat account will begin by October 14. Electronics Mart IPO Listing Date EMIL is likely to make its debut in the market on October. The book-running lead managers for the EMIL IPO issue are JM Financial IIFL Securities and An...