
Consumer Durables / Retail · NSE / BSE
Electronics Mart India Limited, founded in 1980, is the fourth-largest consumer electronics and durable goods retailer in India. The company offers a diverse range of products, including large appliances such as air conditioners, televisions, washing machines, and refrigerators, along with mobile phones, small appliances, and IT products. With over 6,000 SKUs (stock-keeping units) from more than 70 renowned brands, it provides customers with extensive choices. The company operates under two business models: the ownership model, where it owns both land and buildings, and the lease rental model, where properties are leased on a long-term basis. As of August 15, 2021, out of its 99 stores, 8 were owned, 85 were leased, and 6 had a mix of ownership and leasing. Electronics Mart India conducts its business through three main channels: retail, wholesale, and e-commerce. In the retail segment, it operates Multi-Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs), contributing significantly to its revenue. The wholesale division supplies consumer electronics to small retailers in Andhra Pradesh and Telangana, while its e-commerce platform serves as an online catalog for in-store products. Over the years, the company has consistently generated substantial revenue across all channels, reinforcing its strong presence in the Indian consumer electronics market.
Price Band
₹56 – ₹59
Issue Size
₹500 Cr
Lot Size
254 shares
GMP
+52.5%
Est. Listing
₹90
at current GMP
Subscribed
71.93x
overall
Open
4 Oct 2022
Close
7 Oct 2022
Allotment
13 Oct 2022
Refund
14 Oct 2022
Demat Credit
15 Oct 2022
Listing
17 Oct 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹59
Band: ₹56 – ₹59
Estimated Listing Price
₹90
Upper price + GMP
Lot Size
254 shares
Min investment ₹14,986
Estimated Profit / Lot
₹7,874
254 × ₹31
Grey Market Premium trend
+₹31
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹31 | 52.5% | ₹90 |
| 30 Oct 2026 | +₹31 | 52.5% | ₹90 |
| 29 Oct 2026 | +₹28 | 47.3% | ₹87 |
GMP is unofficial market data. Not a guarantee of listing performance.
Electronics Mart India Limited is bringing an initial public offering (IPO) in the Consumer Durables / Retail sector with an aggregate issue size of ₹500 Crores. The shares are offered at a price band of ₹56 to ₹59 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 254 shares (approx. ₹14,986 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-15, while un-allotted funds or UPI block mandates will be released on 2022-10-14.
The latest grey market premium for Electronics Mart India Limited IPO is ₹31, which indicates an expected listing price of ₹90.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.