Issue Open Date
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04-Oct-22
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Issue Closing Date
|
07-Oct-22
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Application Money
|
100
|
Allotment Money
|
|
|
Price Band (Rs.)
|
56-59
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Minimum Bid Quantity.
|
254
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Issue Size (Shares)
|
84745762
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Market Lot
|
1
|
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Objective :
|
The Net Proceeds from the Issue are proposed to be utilized by our Company for the following objects:1. Funding of capital expenditure for expansion and opening of stores and warehouses;2. Funding incremental working capital requirements;3. Repayment / prepayment, in full or part, of all or certain borrowings availed by our Company; and4. General Corporate Purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
|
Bid For
|
|
Non-Institutional Investors
|
13392858
|
851690448
|
63.59
|
Qualified Institutional Buyers
|
17857142
|
3027588052
|
169.54
|
Retail Individual Investors
|
17857142
|
3027588052
|
169.54
|
|
|
|
Business Description
We have built a longstanding market presence with more than three decades of experience having commenced our business operations as a proprietary concern by setting up our first consumer durable and electronic retail store at Hyderabad. We converted the erstwh
|
|
Promoter's Holding
|
Total Share Capital
|
299989713
|
Offered to Public
|
84745762
|
Promoter's Holding (Pre-Issue)
|
99.99
|
Promoter's Holding (Post-Issue)
|
77.97
|
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More..
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Address
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6-1-91 Shop No. 10 Ground Floor Next To Telephone Bhavan Secretariat Road Saifabad
Hyderabad
,
Telangana
,
500004
Phone :
040-2324 2512
Email :
communicatlons@bajajelectronics.in
Website :
www.electronicsmartindia.com
|
|
Registrar
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K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at
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BSE, NSE
|
|
Lead Manager
|
Anand Rathi Advisors Ltd. IIFL Securities Ltd. JM Financial Ltd.
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Promoters
|
Karan Bajaj Pavan Kumar Bajaj
|
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