Electronics Mart IPO: Bumper listing gains! Share price jumps over 50%

Electronics Mart Share Price NSE, BSE 

Shares of Electronics Mart India settled at Rs 84.50 on NSE, climbing nearly 43.22 per cent against the issue price of Rs 59. At the BSE, it closed at Rs 84.45, rallying 43.14 per cent.

Electronics Mart Share Stop Loss

Zee Business Managing Editor Anil Singhvi suggested maintaining a stop loss of less than Rs 5 from the listing price. Electronics Mart shares delivered bumper listing gains of over 50 per cent to its investors. 

Electronics Mart IPO, Share Listing

ELECTRONICS MART LISTING PRICE

Strong listing expected around Rs 85-95 range

Short term investors keep a Stop Loss of Rs 80 and keep trailing

Electronics Mart IPO investors expect strong listing gains

Electronics Mart IPO investors are expecting strong listing gains. The IPO was issued at Rs 59 per share. One lot of the IPO has 254 shares.

Electronics Mart Shares To List In ‘B’ group of securities 

Electronics Mart shares will be admitted to dealings on the exchange in the list of ‘B’ group of securities. 

Electronics Mart India IPO Listing

Shares of Electronics Mart India Limited shall be listed today on NSE and BSE.

Electronics Mart Listing Pre-Open

Electronics Marts shares list at Rs 90 apiece on the NSE in the pre-opening session.

ELECTRONICS MART IPO DETAILS

Electronics Mart IPO Date: October  4 to 7
Electronics Mart Share Face Value: Rs 10 per share
Electronics Mart IPO Price Band: Rs 56 to Rs 59 per share
Electronics Mart IPO Lot Size: 254 Shares
Electronics Mart IPO Allotment Date: October 21
Electronics Mart IPO Refund Date: October 13
Electronics Mart IPO Listing At: NSE, BSE
Electronics Mart IPO Listing Date: October 17
Electronics Mart IPO Listing Time: 10 AM 

Electronics Mart IPO: How will company utilise funds?

According to Electronics Mart, the funds raised, other than the issue expenses, will be used for the expansion and opening of stores and warehouses. Besides, the company will repay debts.

Electronics Mart IPO Listing Gains - What Anil Singhvi Said

According to Zee Business Managing Editor Anil Singhvi, successful bidders of Electronics Mart IPO are expected to get big listing gains. However, Singhvi advised people to stay away from keeping this stock in the portfolio for the long term and stick to listing gains. "The reason why one should not keep this stock in the portfolio for the long-term is because of tough competition from the e-commerce space. The company still has just 1% revenue from e-commerce. So they are purely focusing on stores as of now," the Market Guru had said.

Electronics Mart India IPO Review Video Anil Singhvi - Zee Business

Electronics Mart India IPO Review By Anil Singhvi - Zee Business 

CLICK HERE TO READ Electronics Mart India IPO REVIEW By ANIL SINGHVI 

Electronics Mart IPO Lost Size, Share Face Value

Electronics Mart IPO lost size was 254 shares. The price of 1 lost was Rs 14,986. Electronics Mart IPO  share face value is Rs 10. 

Electronics Mart IPO Subscription Dates

Electronics Mart IPO was opened for subscription on October 4, 2022. The last date for the Electronics Mart IPO subscription was October 7, 2022.