Electronics Mart share price

Electronics Mart India (EMIL) has made a strong market debut, with its shares listed at a 53 per cent prmium at Rs 90 as against its issue price of Rs 59 ...

According to Crisil Research, the share of the organized market in consumer durables retail is likely to expand to 70-75 per cent by FY27. At 10:02 AM, EMIL traded 47 per cent higher at Rs 86.55, after hitting a low of Rs 83.30 in intra-day trade on the NSE. Given that the company makes upfront payment to suppliers (creditor days: ~2) coupled with superior growth prospects, EMIL’s higher working capital requirements (incremental working capital: Rs 590 crore in FY23-24) would restrict FCF generation in the next two years. EMIL is the largest regional organised player in the southern region in revenue terms with dominance in Telangana and Andhra Pradesh. On the BSE, the stock opened at Rs 89.40, a 52 per cent premium over its issue price. What brokerages suggest](/article/markets/lic-ipo-opens-on-may-4-should-you-subscribe-what-brokerages-suggest-122050300126_1.html) [Electronics Mart IPO subscribed 1.7x on Day-1 on retail, QIB interest](/article/markets/electronics-mart-ipo-subscribed-1-7x-on-day-1-on-retail-qib-interest-122100400792_1.html) [Electronics Mart IPO subscribed 72x on strong institutional interest](/article/markets/electronics-mart-ipo-subscribed-72x-on-strong-institutional-interest-122100700904_1.html)

The shares of the company got listed at a premium of 53 per cent on National Stock Exchange (NSE) at Rs 90, over the issue price of Rs 59. On BSE, the scrip debuted at Rs 89.40 on BSE, a premium close to 52 per cent. Following the listing, the counter ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Harshit Kapadia from Elara Capital has suggested investors to keep the stock for a longer run. One should wait for a decent correction to enter the counter," he suggested. On BSE, the scrip debuted at Rs 89.40 on BSE, a premium close to 52 per cent. "At the current levels, new entries should be avoided." The issue was overall subscribed 71.93 times, with the quota for QIB investors fetching a whopping 169.54 times subscription.

Electronics Mart India Ltd (EMIL) was founded by Pavan Kumar Bajaj and Karan Bajaj as a proprietary concern with a consumer durables and electronics store under ...

"Electronics Mart India Limited has debuted at Rs 90. On the NSE, it listed at Rs 90, rallying 52.54 per cent. Its market valuation remained at Rs 3,249.20 crore on the BSE. The IPO had a fresh issue of equity shares aggregating to Rs 500 crore with no offer-for-sale component. Shares of the company ended at Rs 83.70 apiece, a jump of 41.86 per cent. It finally ended at Rs 84.45 apiece, higher by 43.13 per cent.

Hyderabad-based Electronics Mart made a strong stock market debut on Monday with its share listing at a 51.5% premium over the issue price. The stock closed at ₹84.45 on its first day of trading on the BSE, up 43% from the IPO price of ₹59 per share.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). To re-enter, one can wait for lower levels for a better return from a long-term perspective." The stock touched a high of ₹91 during the day. [BSE](/marketstats/pid-41,exchange-bse,sortby-value,sortorder-desc.cms), up 43% from the IPO price of ₹59 per share. [Ravi Singhal](/topic/ravi-singhal), CEO, GCL. "Place a trailing stop loss around ₹80 levels for the remaining positions.

The IPO of Electronics Mart India received 71.93 times subscriptions on the final day of the offer on October 7. The IPO had a fresh issue of equity shares ...

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