Initial public offering of 84,745,762* equity shares of face value of
Rs. 10 each ("Equity Shares") of Electronics Mart India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 59 per equity share (including a share premium of Rs. 49 per equity share) ("Issue Price") aggregating to Rs. 500.00 crores (the "Issue"). The issue will constitute 22.03 % of the company post-issue paid-up equity share capital of the company.
The offer price is Rs. 59 per equity share and the offer price is 5.9 times the face value of the equity shares.
* Subject to finalisation of basis of allotment
Bids can be made for a minimum of 254 equity shares and in multiples of 254 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
04-Oct-2022
07-Oct-2022
₹ 59.00
₹ 0.00
Minimum Application for shares in Nos : 254.0
Further Multiples of : 254.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
468.60
Anand Rathi Advisors Limited
Project Financed through Current Offer
500.00
Post Issue Equity Share Capital
384.75
Issue Price
₹59.00
Projects
Funding of capital expenditure for expansion and opening of stores and warehouses
Funding incremental working capital requirements
Repayment/prepayment in full or part, of all or certain borrowings availed by the company