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Electronics Mart India ipo Listing

by Financegossips

ipo listing date

Electronics Mart India IPO listed on 17th October, 2022. The company got listed on both national exchanges i.e. BSE and NSE.

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Issue price

The price band of the IPO was Rs. 56-59. Electronics Mart IPO got great response from the investors as it got subscribed by 72 times over. Hence, IPO's issue price was the cap price i.e. Rs. 59

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Listing price on Nse

Electronics Mart India Ltd got listed on NSE at a 52.54 % premium of the issue price. The listing price on NSE is Rs.90

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listing price on Bse

On BSE, the company got listed at a premium of 51.53%. The listing price of Electronics Mart IPO on BSE is Rs. 89.40.

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Company fact

Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India.

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Company Products

Electronics Mart India Limited offers various products like mobiles, large appliances (AC, TV, washing machines), and small appliances.

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objectives of IPO

The company will use the raised capital for expansion, repayment of the debt, and general corporate purposes.

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Promoters' Holding

Before the IPO, promoters' shareholding was 100%, but post-issue, it is going to be 77.97%

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