Emi ipo chittorgarh

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...

Emami Limited, the flagship company of Emami Group, is one of the leading and fastest-growing personal and healthcare businesses in India. The Company has over 300+ products based on Ayurvedic formulations and has a range of product portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Mentho Plus Balm, Fast Relief, and Kesh King. The Company has recently entered into the Home Hygiene Category with the launch of its EMASOL Range of Products. Emami employs more than 3100 people, reaches out to 45 lakh plus retail outlets through a network of over 2800+ distributors, and has invested in 7 plants, 4 regional offices, 1 overseas unit, 7 overseas subsidiaries, 26 distribution centres, and 2 Associates across India. The Company also has a global presence with its operations spread across 60+ countries. Stock price at NSE (in preceding 3 months) Month High Price Low Price Average Price Jan-2022 534.80 466.00 497.73 Dec-2021 555.00 504.05 528.04 Nov-2021 578.50 503.00 537.48 Necessity of the Issue The Buyback aims to : i) Return surplus cash to its Shareholders. ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share. iii) Improve key return ratios like return on equity capital. Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a...

Electronics Mart India latest IPO GMP Today is ₹30(+/-1), last updated on Oct 17th 2022 09:57 AM. Given at the price band of 59, the estimated listing price for the Electronics Mart India IPO is ₹89 (cap price + today's GMP). The expected gain/loss per share in terms of percentage is 50.85%.• Electronics Mart India IPO Retail Subject to Sauda: ₹6800 • Electronics Mart India IPO Small HNI Subject to Sauda: ₹96000 • Electronics Mart India IPO Big HNI Subject to Sauda: ₹96000 We update GMP on daily basis and based on the last 20 sessions grey market activities, The current GMP (₹30) is showing signals towards the lower side. With this trend, it can go further down on listing day. The lowest GMP is recorded at ₹21 while the highest GMP is ₹35. Stay tuned with us to know the day-by-day Electronics Mart India IPO GMP Performance along with its expected listing price. Electronics Mart India Day-wise IPO GMP Trend GMP Date GMP S2S Estimated Listing Price Last Updated Time 17-10-2022 ₹30 6800 ₹89 (50.85%) 17-Oct-2022 08:57:17 AM 16-10-2022 ₹30 4500 ₹89 (50.85%) 16-Oct-2022 10:35:34 AM 15-10-2022 ₹30 4500 ₹89 (50.85%) 15-Oct-2022 09:13:18 AM 14-10-2022 ₹30 4500 ₹89 (50.85%) 14-Oct-2022 09:08:33 AM 13-10-2022 ₹24 4500 ₹83 (40.68%) 13-Oct-2022 09:10:10 AM 12-10-2022 ₹25 5000 ₹84 (42.37%) 12-Oct-2022 09:02:49 AM 11-10-2022 ₹32 5000 ₹91 (54.24%) 11-Oct-2022 09:04:32 AM 10-10-2022 ₹24 5000 ₹83 (40.68%) 10-Oct-2022 09:01:49 AM 09-10-2022 ₹31 4000 ₹90 (52.54%) 9-Oct-2022 09:58:53 AM 08-10-...

The IPO received 7.57 times subscription on the second day of offer. It got bids for 47.29 crore shares against 6.25 crore shares on offer, according to NSE data. The category for non-institutional investors was subscribed 11.74 times, while the portion for Retail Individual Investors (RIIs) attracted 7.81 times subscription. "We assign a 'subscribe' rating to this IPO as the company is the fourth-largest consumer durable and electronics retailer in India with a leadership position in South India. Also, it is available at discounted valuation as compared to its peer," it said. With strong potential for revenue growth and scope for further improvement in profitability, we recommend a subscribed rating for a target price of Rs 201 for long-term gains, said On Monday, Electronics Mart India allotted 2,54,23,728 equity shares to 20 anchor investors for Rs 59 apiece, aggregating to about Rs 150 crore, the company said in a BSE circular filed. Anand Rathi Securities, (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times) Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Four state-owned financial entities — Punjab National Bank, Life Insurance Corporation of India, State Bank of India, and Bank of Baroda — that together own just over 45% of UTI Asset Management Company (AMC) are understood to be working on inviting formal bids for selling their s...

October 12, 2022 (Allotment Out). The refund will be initiated on October 13 and the shares will be credited to the Demat account on October 14. Electronics Mart IPO may list on October 17. The IPO investors can check their EMI IPO allotment status online on the KFintech website or they can check it via their bank account and Demat login as offline mode. Check out here step to step guide from where you can check Electronics Mart IPO allotment status online or offline. Electronics Mart IPO subscribed 71.93 times overall in that QIB 169.54 times, NII 63.59 times, and Retail 19.71 times. Electronics Mart IPO to raise around ₹500 Crores via IPO. The price band is fixed at ₹56 to ₹59 per equity share. The IPO to list on BSE and NSE. Basis of Allotment: Based on the retail subscription the Electronics Mart IPO basis of allotment will be around 19:1 (Approx). Electronics Mart IPO Allotment Links (Allotment Out) KFintech: BSE India: IPO Watch: #Step 1: How to check EMI IPO Allotment Status on KFintech? • Log on to Electronics Mart IPO allotment page – • Select IPO Name ‘ Electronics Mart‘ from the drop-down menu bar • Select Option from PAN Number, application Number, or DP ID Option • As per selection add PAN Number, application Number, or Demat Account Number • Click on the ‘Search’ Button • You will be able to see your Electronics Mart IPO allotment status on the screen (mobile/desktop). #Step 2: How to check EMI IPO Allotment Status on BSE? • Log on to the BSE IPO allotment pa...

On this page, the IPO investors will be able to download the IPO form of recent and the active IPOs. There are 2 ways to do the IPO applications. You can go with an online ASBA form provided by the advisories or one can download online ASBA forms from NSE or BSE website. The blank or printed ASBA forms are available for download before 2 days of the IPO open for subscription. One can download the blank IPO application form PDF (NSE Form / BSE Form) from the given links for the upcoming IPOs. IPO Forms 2023 IPO Name IPO Date BSE Form NSE Form 14-16 Jun – 15-20 Jun – 16-21 Jun – 19-21 Jun – 20-23 Jun 23-27 Jun – 26-30 Jun – 26-28 Jun Note: Downloaded IPO forms can be given directly to the banks. One should fill the physical IPO application form and submit in the banks which one used for the transaction.

Electronics Mart India IPO subscription status Day 2: The Initial Public Offering (IPO) of consumer durables retail chain Electronics Mart India was subscribed over 6.5 times on the second day of an offer on Thursday at around 04:18 PM as per the data available on the exchanges. The offer shall be active between 4-7 October 2022. The category for Retail Individual Investors (RIIs) received over 7.5 times the subscription, while that of the portion for non-institutional investors received over 10 times subscription. And, Qualified Institutional Buyers (QIBs), which got subscribed around 3 times on Day 1. The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore, with no offer for sale component. The price range for the offer is Rs 56-59 per share. The company intends to utilise the net proceeds to fund its capital expenditure, support incremental working capital requirements and pay the debt. Funds will also be used for general corporate purposes. Half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. Investors can bid for a minimum of 254 equity shares and in multiples of 254 thereafter. Electronics Mart India Ltd (EMIL) was founded by Pavan Kumar Bajaj and Karan Bajaj as a proprietary concern with a consumer durables and electronics store under the name of Bajaj Electronics. Anand Rathi Share and Stock Brokers, IIFL Securities and J...

1 Company Name Draft Red Herring Prospectus / Draft Prospectus Red Herring Prospectus Prospectus Basis of allotment advertisement Mukka Proteins Limited RBZ Jewellers Limited ASK Automotive Limited Western Carriers (India) Limited IKIO Lighting Limited Valiant Laboratories Limited HMA Agro Industries Limited Fincare Small Finance Bank Ltd Jupiter Life Line Hospitals Limited JSW Infrastructure Limited R R Kabel Limited Updater Services Limited TVS Supply Chain Solutions Limited Go Digit General Insurance Limited TVS Supply Chain Solutions Limited Aeroflex Industries Limited Mankind Pharma Limited Vishnu Prakash R Punglia Limited Pyramid Technoplast Limited Avalon Technologies Limited EMS Limited SPC Life Sciences Limited Samhi Hotels Limited Netweb Technologies India Limited Samhi Hotels Limited 1

The maiden issue of Electronics Mart India (EMI), during which the company will issue fresh shares to raise Rs 500 crore, will open for public bidding on October 4 and run through October 7. Analysts are largely positive on the issue. They see many strengths in the company, including high growth, increasing market share, a stable business model, and an experienced management team, all of which may work in favour of the future growth of the firm. Jehan Bhadha, Research Analyst at Nirmal Bang, a securities firm, said EMI’s key advantage was that it enjoyed favourable pricing terms with brands due to its scale. The company is the fourth largest consumer durable and electronics retailer in India, and the largest in south India. “EMI has demonstrated superior performance among all major consumer durable and electronics retailers in India in terms of growth, with a revenue CAGR of 26 percent over FY15-20 (pre-Covid). ``It has also managed to deliver a respectable return on equity (RoE) of 17.4 percent during the Covid-impacted year of FY22,” Badha said, adding that he has a ‘subscribe’ rating on it. EMI is offering its shares at an attractive price-to-earnings (PE) multiple of 21.8 times FY22 earnings. Its EV/EBITDA is 9.7 times FY22 values. Compared to its sole listed peer Aditya Vision, the issue is available at a lower valuation. EMI has priced its IPO in a price band of Rs 56-59. Investors can bid for a minimum of 254 shares and multiples thereof. Of the total shares availab...

October 12, 2022 (Allotment Out). The refund will be initiated on October 13 and the shares will be credited to the Demat account on October 14. Electronics Mart IPO may list on October 17. The IPO investors can check their EMI IPO allotment status online on the KFintech website or they can check it via their bank account and Demat login as offline mode. Check out here step to step guide from where you can check Electronics Mart IPO allotment status online or offline. Electronics Mart IPO subscribed 71.93 times overall in that QIB 169.54 times, NII 63.59 times, and Retail 19.71 times. Electronics Mart IPO to raise around ₹500 Crores via IPO. The price band is fixed at ₹56 to ₹59 per equity share. The IPO to list on BSE and NSE. Basis of Allotment: Based on the retail subscription the Electronics Mart IPO basis of allotment will be around 19:1 (Approx). Electronics Mart IPO Allotment Links (Allotment Out) KFintech: BSE India: IPO Watch: #Step 1: How to check EMI IPO Allotment Status on KFintech? • Log on to Electronics Mart IPO allotment page – • Select IPO Name ‘ Electronics Mart‘ from the drop-down menu bar • Select Option from PAN Number, application Number, or DP ID Option • As per selection add PAN Number, application Number, or Demat Account Number • Click on the ‘Search’ Button • You will be able to see your Electronics Mart IPO allotment status on the screen (mobile/desktop). #Step 2: How to check EMI IPO Allotment Status on BSE? • Log on to the BSE IPO allotment pa...