Electronics Mart India IPO subscribed 0.12 times at the start of Day1

4 Oct 2022 , 10:46 AM

On October 4 at 10:45 am, 0.12 times were subscribed to the Electronics Mart India IPO. 

The public offering received 0.23 times the retail average, 0.00 times the QIB average, and 0.03 times the NII average in subscriptions.

The Electronics Mart India IPO bid period runs from October 4, 2022 at 10:00 a.m. to October 7, 2022 at 5:00 p.m.

The IPO lot size for Electronics Mart India is 254 shares. An individual retail investor may submit an application for up to 13 lots, or 3302 shares, or 194,818.

The IPO of Electronics Mart India comprises 62,500,000 equity shares. The offering includes 13,392,858 shares for non-institutional investors, 17,857,142 shares for eligible institutional buyers, and 31,250,000 shares for individual investors.

Electronics Mart India Limited, a 1980 incorporation, is India’s fourth-largest retailer of electronics and consumer goods. With a concentration on major appliances (such as air conditioners, televisions, washing machines, and refrigerators), mobile phones, small appliances, IT, and other products, the company offers a wide variety of goods.

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