
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
Overall Subscription
71.93x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 42,372,881 | — | 0.00x |
| Non-Institutional (NII / HNI) | 12,711,864 | — | 0.00x |
| Retail Individual (RII) | 29,661,017 | — | 0.00x |
| Total | 84,745,762 | 0 | 71.93x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 116,776 | 8,399,698 | 71.93x |
| HNIs (10L +) | 747 | 53,732 | 71.93x |
| HNIs (2-10L) | 3,575 | 257,150 | 71.93x |
| Total Applications | 121,098 | 8,710,580 | 71.93x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Electronics Mart India Limited IPO is ₹31 per equity share. Based on the upper price band of ₹56 to ₹59 per equity share, the estimated listing price is ₹90 (+52.5% expected listing gain).
With a lot size of 254 shares and current GMP of ₹31, the expected profit per application lot is approx ₹7,874 (+52.5% gain). Minimum application cost is approx ₹14,986.
The Electronics Mart India Limited IPO aggregate issue size is ₹500 Crores with an equity price band set at ₹56 to ₹59 per equity share. The retail lot size is 254 shares requiring a minimum capital outlay of approx. ₹14,986.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 71.93x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2022-10-13. Investors can verify status using PAN card or application number.
Electronics Mart India Limited shares are scheduled to list on NSE and BSE on 2022-10-17.