Electronics Mart India has debuted at Rs 89.40 on the BSE, up by 30.4 points or 51.53% from its issue price of Rs 59.
The scrip is currently trading at Rs 86.75, up by 27.75 points or 47.03% from its issue price. It has touched a high and low of Rs 91.00 and Rs 83.25 respectively. So far 35.00 lakh shares were traded on the counter.
The offering, which was open for subscription between October 04, 2022 and October 07, 2022 was subscribed 72 times over. The issue price was fixed at Rs 59 per share i.e. at upper end of price band of Rs 56-59 apiece.
Electronics Mart India offers a diversified range of products with focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others.