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Electronics Mart ipo allotment status

by Financegossips

ipo allotment status

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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Shares Credit date

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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initiation of refunds

Investors who will not get the shares during the allotment will get their money back on 13th October 2022, tomorrow.

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IPO listing date

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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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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Grey market price (gmp)

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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