Electronics Mart India Ltd. has announced public offering of 84745763 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 49.00 per share. The gross proceeds of the issue are expected to be Rs 50,000.00 lakhs.

The company's initial public offer (IPO) will open on 04 October 2022 and is expected to close on 07 October 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 56.00-59.00 per share.

The IPO includes a fresh Issue of 84745763 Equity Shares of the Company at an price of Rs 59.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 254 shares with bids in multiples of 254.

Electronics Mart India Ltd. anticipates using the proceeds of the issue for .

JM Financial Services Ltd.,IIFL Securities Ltd.,Anand Rathi Advisors Ltd. as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.