Electronics Mart Shares Rise Nearly 53% In Stock Market Debut
Electronics Mart India on Monday made a strong market debut, with its shares climbing nearly 53 per cent against the issue price of Rs 59.
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Electronics Mart India on Monday made a strong market debut, with its shares climbing nearly 53 per cent against the issue price of Rs 59.
The IPO of Hyderabad-based consumer durable retail chain, Electronics Mart, has received bids of 47,29,37,840 shares against the offered 6,25,00,000 equity shares and overall the issue was subscribed 7.57 times on the 2nd day of bidding.
Electronics Mart India IPO GMP (grey market premium) today suggests that subscribers are going to see a steady debut. As per today's GMP, Electronics Mart India is available at a premium of Rs 29.
According to market analysts, Electronics Mart India initial public offering (IPO) shares could make a positive debut on the public bourses. Electronics Mart India listing is going to happen on October 17, 2022. The consumer durables retail chain will be listed on both NSE and BSE.
Two men from Jharkhand have been arrested by police for theft of 432 mobile phones from an electronic showroom on the outskirts of Hyderabad.Rachakonda Police on Thursday announced the arrest of two members of notorious inter-state gang 'Alam ...