Electronics Mart India Limited IPO
Electronics Mart India Limited was a mainboard IPO in the Diversified Retail sector, offered at ₹56–₹59 per share to raise ₹500 crore. The issue was subscribed 29.43× overall (QIBs 62.28×, NIIs 24.5×, retail 12.77×). It listed on 17 Oct 2022 at ₹90 and closed its first day at ₹84, a listing gain of +43.2% versus the ₹59 issue price. It now trades around ₹152 (+157.2% versus the issue price).
Frequently asked questions
- How many times was the Electronics Mart India Limited IPO subscribed?
- The Electronics Mart India Limited IPO was subscribed 29.43× overall — 62.28× in the QIB category, 24.5× among non-institutional investors, 12.77× in retail.
- What were the Electronics Mart India Limited IPO listing gains?
- Electronics Mart India Limited listed on 17 Oct 2022 at ₹90, closing its first day at ₹84 — a listing gain of +43.2% versus the ₹59 issue price.
- What were the retail allotment odds for the Electronics Mart India Limited IPO?
- Retail was subscribed 12.77×, so a single-lot application had roughly a 7.8% chance of allotment (about 1 in 13), and allotment was finalised on 11 Oct 2022.
- What was the price band and lot size of the Electronics Mart India Limited IPO?
- The price band was ₹56–₹59 per share, with a minimum lot of 254 shares (₹14,986 at the upper band).
- Who were the registrar and lead manager for the Electronics Mart India Limited IPO?
- KFin Technologies Limited was the registrar, and Anand Rathi was the book-running lead manager.