Electronics Mart IPO

Electronics Mart India Limited

₹14,224 /254 sharesMinimum Investment

Electronics Mart IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
4 Oct ‘22 - 7 Oct ‘22₹14,224254₹56 - ₹59
Issue SizeIPO Doc
500.00Cr
RHP PDF

Subscription Status As on 07 Oct '22, 5:54 PM

  • Retail Individual Investor
    19.71x
  • Non-Institutional Investor
    63.59x
  • Qualified Institutional Buyers
    169.54x
  • Total
    71.93x

About Electronics Mart

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.;
Parent Organisation
Electronics Mart India Limited
Founded
1980
Managing Director
Pavan Kumar Bajaj
IPO Alert: Electronics Mart India Ltd. IPO? | Electronics Mart India Ltd. IPO

Strengths & Risks

  • The fourth-largest consumer durable and electronics retailer in India with a leadership position in South India
  • One of the fastest-growing consumer durable and electronics retailers with a consistent track record of growth and industry-leading profitability
  • Increasing market presence and geographic reach with cluster-based expansion
  • Business model provides operational flexibility to create a long-term sustainable footprint
  • Diversified product offering & optimal product assortment leveraging its deep knowledge and understanding of regional markets
  • Strategically located logistics and warehousing facilities backed by stringent inventory management using IT systems
  • Robust customer service support, timely delivery & installation support
  • Experienced management team with a proven track record
  • While the company has a strong presence in Andhra Pradesh and Telangana, it is planning to expand to newer geographies. This may expose it to significant liability
  • Competition from online retailers who are able to offer products at competitive prices and are also able to offer a wide range of products
  • The impact of the COVID-19 pandemic
  • Any adverse developments affecting its operations in Andhra Pradesh and Telangana
  • Dependence on five brands for a significant portion of its revenue
  • Any delay or failure on the part of the external suppliers to deliver products

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular56 - 59₹2 Lakh
For Electronics Mart IPO, eligible investors can apply as Regular.
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