Electronics Mart India Ltd. has come up with their IPO. The company is into electronics distribution business and has consumer durable stores at several parts of the county. Electronics Mart is the 4th largest electronic distribution network in India and has a strong brand presence across South India. The company is in the category of fastest growing electronics distribution network and plans to raise rupees 500 crores via this IPO to expand further. The company’s product line includes mobile phones, washing machines, air conditioners, televisions, computers and IT related products, refrigerator and many other products. Electronic Mart India distributes products of over 60 different brands giving wide choice to the consumers.
Here are the details of the IPO :
- IPO PERIOD : 4TH -7TH October
- Price Band : Rs. 56-59 per equity share
- IPO issue size : Rs. 500 Crore
- Application lot size : minimum 254 equity shares in 1 lot and in multiple of 254 thereafter
- Minimum amount of application : Rs. 14,224 for 1 lot of 254 equity shares
- Listing at : BSE & NSE.
