Electronics Mart India Limited

About the company

## **How to check the** **Electronics Mart India** **IPO allotment status?** When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes. This is also true in the case of the Electronics Mart India IPO. The Electronics Mart India IPO’s closing date is 7 October 2022. The Electronics Mart India IPO’s allotment date has been set five days later, on 12 October 2022. Here’s a step-by-step guide on how to check the Electronics Mart India IPO allotment status: 1. Login to your Upstox account, using your six-digit PIN 1. After successfully logging in, click on ‘Discover’ 1. On the Discover page, you will find the ‘Invest in IPO’ section 1. Under the Invest in IPO section, you will find the ‘View all’ option 1. Once you click on ‘View all’, you will be directed to the ‘IPO’ tab 1. In the ‘IPO’ tab, click on ‘My applications’  1. In ‘My applications’, under the History section, your allotment status will be mentioned [ ](https://kcas.kfintech.com/ipostatus/) ## **About Electronics Mart IndiaIPO** What’s on your shopping list for this festive season? With restrictions completely lifted, many seem to be flocking towards electronic goods stores and outlets. After two pandemic-hit years, consumer durable makers are expecting robust festive sales. Against this backdrop, Electronics Mart India is planning to hit the bourses. It is the fourth largest consumer durable and electronics retailer in India. And, in the Southern region, it is the largest player in terms of revenue with a dominant position in Telangana and Andhra Pradesh. As of 31 August 2022, it had 112 stores across 36 cities. These stores are operated under the brand names – Bajaj Electronics, Electronics Mart, Kitchen Stories and Audio & Beyond. From air conditioners to televisions and mobiles to washing machines – the company’s stores offer a diverse range of products. After building a strong market presence for more than three decades, the company is now planning to raise money for further expansion through the Electronics Mart India IPO. The money raised through the fresh issue of the Electronics Mart India Ltd IPO will be used for expanding the store and warehouse network. The IPO proceeds will also be deployed for paring debt and funding incremental working capital. Here are the key details about the Electronics Mart India IPO: Company Name| **Electronics Mart India Limited**|  | Company Type| **Private** ---|---|---|---|--- Founder's Name|**Pavan Kumar Bajaj**Electronics Mart India IPO Price band|**₹ 56-₹59 per share** ### **Financial snapshot** **Particulars**| **FY 20**| **FY 21**| **FY 22** ---|---|---|--- **Revenue**|₹ 3,172.4 crore|₹ 3,201.8  crore|₹ 4,349.3  crore **Net Profit**|₹ 81.6 crore|₹ 58.6 crore|₹ 103.8 crore ---| ## **Here’s a quick look at** **Electronics Mart India** **IPO’s strengths, weekness, opportunities** **and** **risks (SWOT analysis)** ### **Strengths and opportunities** 1. Associated with more than 70 electronic brands and sells more than 6,000 stock keeping units (SKUs)  1. Its store network has expanded from 59 in FY19 to 112 stores as of August 2022 1. Ensures that its stores are located in densely populated neighbourhoods and residential locations 1. Generated strong cash flow, which has enabled it to further invest in its business 1. Operates seven large warehouses with an average area of 28,114 sq ft 1. Consistently pays suppliers on or before the due date, allowing it to benefit from supplier discounts ### **Threats** **and** **Risks** 1. Around 61% of the revenue came from top five brands in FY22 1. Operates in a competitive industry, which is characterised by rapid shifts in consumer trends and technology 1. Witnessing competition from online retailers who are offering products at competitive prices 1. Stores are concentrated mainly in Telangana and Andhra Pradesh 1. 34% of the total revenue came from sale of mobile phones in FY22 ## **Electronics Mart India** **IPO** ### **** **Electronics Mart India IPO date** The offer document filed by the company with the SEBI mentions that the Electronics Mart India IPO’s opening date – in other words, the Electronics Mart India IPO launch date – will be on 4 October 2022. The Electronics Mart India IPO closing date is 7 October 2022. After this, investors will be updated about the allotment status on 12 October 2022. Investors, who have been allotted shares, can expect them to be credited in their demat account on 14 October 2022. The Electronics Mart India IPO listing date is 17 October 2022. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE. ### **** **Electronics Mart India** **IPO price band** The entire IPO is a book-built issue. The Electronics Mart India IPO price band has been set between ₹56 and ₹59 per share. Interested investors can choose a price within this band to apply for the IPO. The Electronics Mart India IPO listing price will be determined on 17 October 2022. The listing price is the price at which the shares of a company make their debut on the stock exchanges. ### **** **Electronics Mart India** **IPO lot size** The Electronics Mart India IPO details have been declared. The Electronics Mart India IPO lot size is set at 254 shares, and an investor can apply for a minimum of 1 lot. Individual investors applying under the retail category can apply for up to 13 lots (3,302 shares). Meanwhile, the Electronics Mart India IPO issue size is ₹500 crore. ## **How to pre-apply for the** **Electronics Mart India** **IPO?** You can pre-apply for the Electronics Mart India IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription. Follow these steps to pre-apply for the IPO: 1. Login to your Upstox account, using your six-digit PIN 1. After successfully logging in, click on ‘Discover’ 1. On the Discover tab, you will find the ‘Invest in IPO’ section 1. Under the Invest in IPO section, look for the ‘Electronics Mart India IPO’ tab and click on it 1. Now fill in all the required information, like ‘bid price’ and ‘lot size’ 1. Confirm and click on ‘Pre-Apply’ 1. Accept the mandate on your UPI app ## **How to apply for the** **Electronics Mart India** **IPO?** If you are interested in this investment opportunity but unsure how to apply for the Electronics Mart India IPO, here we are listing out the steps for you. Here’s a step-by-step guide on how to apply for the Electronics Mart India IPO on Upstox: 1. Login to your Upstox account, using your six-digit PIN 1. After successfully logging in, click on ‘Discover’ 1. On the Discover tab, you will find the ‘Invest in IPO’ section 1. Under the Invest in IPO section, look for the ‘Electronics Mart India IPO’ tab and click on it 1. Now fill in all the required information, like ‘bid price’ and ‘lot size’ 1. Confirm and click on ‘Apply’ 1. Accept the mandate on your UPI app ## **Open a demat account with Upstox to apply for the** **Electronics Mart India** **IPO** To apply for the Electronics Mart India IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app. Here is a step-by-step guide on how to open a demat account with Upstox: 1. Click [ **here**](https://upstox.com/open-demat-account/\OpenOpen?landing_page=learning-center/demat-account/demat-account-opening-procedure) to visit the demat account opening page on the Upstox website.  1. Enter your phone number and other essential details to begin opening a demat account. 1. Upload the scanned copies of your PAN, Aadhaar card, a cancelled cheque, and your bank statement as needed.  1. Complete the e-verification using the OTP sent to your registered mobile number. This is all it takes to open a demat account with Upstox. Easy and quick, right? [ ](https://upstox.com/open-demat-account/\Open\Open) ## **Upstox – trading app to apply for the** **Electronics Mart India** **** **IPO** Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India. You can apply for the Electronics Mart India IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero. In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy .

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   04 Oct 2022

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   07 Oct 2022

   Last day to place your bid

3. Basis of Allotment

   Completed
   06 Oct 2022

   Share allotment finalised

4. Refund Initiation

   Completed
   13 Oct 2022

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   12 Oct 2022

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   17 Oct 2022

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.