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by Financegossips
Electronics Mart IPO allotment date is 12th October 2022 i.e. today. On this day, you will get to know whether you have got IPO or not.
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If you get shares in the IPO allotment, then the claims of Electronics Mart Ltd will be credited to your demat account on 14th October 2022.
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Investors who will not get the shares during the allotment will get their money back on 13th October 2022, tomorrow.
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Electronics Mart IPO listing date is 17th October 2022. On this day, the company will get listed on NSE as well as on BSE.
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Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India.
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Electronics Mart India Limited offers various products like mobiles, large appliances (AC, TV, washing machines), and small appliances.
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The company will use the raised capital for expansion, repayment of the debt, and general corporate purposes.
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Before the IPO, promoters' shareholding was 100%, but post-issue, it is going to be 77.97%
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Today, on 12th Oct 2022, GMP of Electronics Mart Ltd is Rs 30 which means the company's listing price could be around Rs 89 (cut-off price + GMP)
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