Likely to list around 90/- . Almost 50% listing gain.
Electronics Mart India Limited IPO
i. Electronics Mart India offers a diversified range of products with focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others. Their offering includes more than 6,000 SKUs across product categories from more than 70 consumer durable and electronic brands.
ii. Electronics Mart business model is a mix of ownership and lease rental model, as they focus to secure retail spaces which ensures high visibility and easy accessibility to customers. Under the ownership model, the company owns the underlying property including the land and building and in lease rental model, it enter into a long-term lease arrangement with the property owner(s). As of August 31, 2022, out of the total 112 stores we operate, 11 stores are owned, 93 stores are under long-term lease rental model and eight stores are partly owned and partly leased.
iii. Despite the ongoing COVID-19 pandemic, they have continued to expand their store network. Since April 1, 2022, the comapny opened nine stores in clusters of operations. They have been steadily increasing their market reach to cover 14 cities in Andhra Pradesh, 20 cities in Telangana and two cities in the NCR region, as on August 31, 2022, by setting up new consumer durable and electronic retail stores and venturing into diverse and specialized product categories
iv. Electronics Mart India operate its business activities across three channels of retail, wholesale and e-commerce.
Objects of the Electronics Mart India Limited IPO:
Electronics Mart India Limited IPO Details:
|Open Date:||Oct 04 2022|
|Close Date:||Oct 07 2022|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||254 Shares|
|Issue Price:||₹ 56-59 Per Equity Share|
|Listing Date:||Oct 17 2022|
Promoters And Management:
Financials of Electronics Mart India Limited IPO:
|Particulars (in crores)||Mar-22||Mar-21||Mar-20|
|Revenue from operations||434.00||320.00||317.00|
|Purchases of stock-in-trade||388.00||284.00||277.00|
|Changes in Inventories||-13.00||-7||-7|
|Employee Benifit Expense||7||6||5|
|Profit (Loss) before tax||13.00||7||12.00|
|Profit (Loss) for the period||10.00||5||8|
|Earnings per share||3.46||1.95||2.72|
Comparison With Peers:
Recommendation on Electronics Mart India Limited IPO:
Lead Manager of Electronics Mart India Limited IPO:
Registrar of Electronics Mart India Limited IPO:
Discussion on Electronics Mart India Limited IPO:
apply in the IPO
Umesh Sir I have a doubt regarding IPO(HNI Small) Category. If we apply under HNI Category then allotment will be on Lottery basis or Proportionate basis ? Try to give reply
Listing will b Good. Can we keep it for Long term.please reply
Sirji please reply for long term EMI is good ?
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