Electronic Mart India Limited
| Public | |
| Traded as | |
| ISIN | 🆔INE02YR01019 |
| Genre | Electronics retail chain |
| Founded 📆 | 1980 |
| Founder 👔 | Pavan Bajaj |
| Headquarters 🏙️ | , India |
Number of locations | Telangana, Andhra Pradesh, Delhi-NCR |
Area served 🗺️ | India |
Key people | Pavan Kumar Bajaj (Chairman & Managing Director) Karan Bajaj (Chief Executive Officer) |
| Revenue🤑 |  ₹4,344 crore (US$600 million) (FY 2022)[1] |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Electronics Mart India Limited (EMIL) is an Indian retail company of electronics home appliances and consumer durables.[2][3] It is headquartered in Hyderabad, Telangana and currently operates 121 stores under its several brands across Telangana, Andhra Pradesh and Delhi NCR.[4][5]
History
EMIL commenced its business operations in 1980 under Pavan Bajaj.[6] As a sole proprietary concern by setting up a consumer durable and electronic retail store in Lakdi ka pul, Hyderabad under the name of Bajaj Electronics.[7] In 2011, sole proprietorship was converted into a partnership firm named Bajaj Electronics. In 2018, the partnership firm was converted into a public limited company. EMIL also opened its 50th store in Hyderabad in 2018.[8] Two years later, they crossed rupees 30,000 million in net sales.[9] In September 2021, the company filed offer document with SEBI to raise Rs 5000 million through an initial public offer.[10][11] Later in October 2022, EMIL was successfully listed on National Stock Exchange and Bombay Stock Exchange.[12]
Financials
EMIL made a debut in the stock market with their stock opening at Rs 89.40, a 52 per cent premium over its issue price on BSE.[13][14] In NSE, its shares were listed at a 53 per cent premium at Rs 90 as against its issue price of Rs 59 per share.[15][16]
References
- ↑ "Electronics Mart India Limited - ICICI Direct Analyst Report" (PDF). ICICI Direct. Retrieved 24 December 2022.
- ↑ Rathor, Swati (2021-11-01). "Electronics Mart India bets big on Telangana & Andhra - Hyderabad News". The Times of India. Retrieved 2022-12-24.
- ↑ "Electronics Mart India scrip scripts a strong debut". The Hindu BusinessLine. 2022-10-17. Retrieved 2022-12-24.
- ↑ Priya sundarajan (2014-02-26). "Bajaj Electronics to expand retail chain". The Hindu BusinessLine. Retrieved 2022-12-24.
- ↑ "Electronics Mart India Limited - Angelone Analyst Report" (PDF). angelone. Retrieved 24 December 2022.
- ↑ "Hyderabad-based EMIL offers shares worth Rs 500 crore". Deccan Chronicle. 2021-10-04. Retrieved 2022-12-24.
- ↑ "Karan Bajaj: Electronics Mart does not have direct online operations. We are a pure offline retailer: Karan Bajaj". The Economic Times. 2022-10-17. Retrieved 2022-12-24.
- ↑ Today, Telangana (2022-02-16). "Bajaj opens 100th store at Inorbit mall in Hyderabad". Telangana Today. Retrieved 2022-12-24.
- ↑ "Electronics Mart Files IPO Papers With SEBI, To RaiseRs 500 Crore". NDTV.com. 2019-02-22. Retrieved 2022-12-24.
- ↑ Chronicle, Deccan (2022-10-02). "Bajaj Electronics announces opening of its IPO on October 4". Deccan Chronicle. Retrieved 2022-12-24.
- ↑ "Electronics Mart IPO to open next week, price band fixed at Rs 56-59". Business Today. 2022-09-28. Retrieved 2022-12-24.
- ↑ "Electronics Mart India shares make strong market debut, list at premium". mint. 2022-10-17. Retrieved 2022-12-24.
- ↑ Nahar, Pawan (2022-10-17). "Electronics Mart India: Should you book profits after stellar debut or hold it for long-run?". The Economic Times. Retrieved 2022-12-24.
- ↑ "Electronics Mart India Limited - SEBI Analyst Report" (PDF). SEBI. Retrieved 24 December 2022.
- ↑ Pachal, Debashish (2022-10-17). "Electronics Mart makes a strong debut, lists 52% higher from issue price". The Indian Express. Retrieved 2022-12-24.
- ↑ "Electronics Mart India Limited - KRChoksey Analyst Report" (PDF). KRChoksey. Retrieved 24 December 2022.
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