Electronics Mart India IPO GMP History
Electronics Mart India IPO has been listed on October 17, 2022 at a listing price of ₹90, against the issue price of ₹59 — a gain of ₹31 (+52.54%). The GMP peaked at ₹35 on 7 October 2022 and reached a low of ₹20 on 29 September 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Electronics Mart India IPO raised ₹500 Cr. through its IPO at a price band of ₹56 to ₹59 per share, with a lot size of 254 shares. The IPO was open for subscription from 04 Oct 2022 to 07 Oct 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:32 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 15 Oct 2022 | ₹ 30 | ▲ | 51% | — | — |
| 14 Oct 2022 | ₹ 25 | — | 42% | — | — |
| 13 Oct 2022 | ₹ 25 | ▼ | 42% | — | — |
| 12 Oct 2022 | ₹ 30 | ▲ | 51% | — | — |
| 11 Oct 2022 | ₹ 28 | ▼ | 47% | — | — |
| 10 Oct 2022 | ₹ 30 | — | 51% | — | — |
| 08 Oct 2022 | ₹ 30 | ▼ | 51% | — | — |
| 07 Oct 2022 | ₹ 35 | — | 59% | — | — |
| 06 Oct 2022 | ₹ 35 | — | 59% | — | — |
| 04 Oct 2022 | ₹ 35 | ▲ | 59% | — | — |
| 03 Oct 2022 | ₹ 30 | — | 51% | — | — |
| 01 Oct 2022 | ₹ 30 | — | 51% | — | — |
| 30 Sep 2022 | ₹ 30 | ▲ | 51% | — | — |
| 29 Sep 2022 | ₹ 20 | — | 34% | — | — |
Electronics Mart India IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 04 Oct 2022
- Close 07 Oct 2022
- Allotment 12 Oct 2022
- Refund/credit 13 Oct 2022
- Listing 17 Oct 2022
Electronics Mart India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹59 |
|---|---|
| GMP-based estimate (pre-listing) | ₹89 (+50.8%) |
| Listing gain / loss | +₹31 per share |
| Listing date | 17 Oct, 2022 |
| Actual listing price | ₹90 (+52.54%) |
Is Electronics Mart India IPO GMP reliable?
Grey market premium for Electronics Mart India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Electronics Mart India IPO full review for a fundamentals-based assessment before making any grey market trades.
Electronics Mart India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Electronics Mart India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Electronics Mart India IPO
Electronics Mart India Limited was formed in 2018 by converting a partnership firm into a company, and the business dates back to 1980. It is the fourth largest consumer durables and electronics retailer in India.
It sells large appliances such as air conditioners, televisions, washing machines and refrigerators, plus mobiles, small appliances and IT products. It offers more than 6,000 SKUs from more than 70 brands.
Most of its stores are on long-term leases and a few are owned. As of 15 August 2021 it ran 99 stores, of which eight were owned.
The IPO was Rs 500 crore and was entirely fresh issue. Rs 220.00 crore was planned for working capital, Rs 111.44 crore for new stores and warehouses and Rs 55.00 crore for repaying borrowings.
Frequently asked
What is the GMP of Electronics Mart India IPO?
The current Grey Market Premium (GMP) of Electronics Mart India IPO is ₹ 30.
What is the Kostak Price of Electronics Mart India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Electronics Mart India IPO is not available.
What is the Subject to Sauda Price of Electronics Mart India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Electronics Mart India IPO?
Electronics Mart India IPO listed on October 17, 2022 at ₹90, against the issue price of ₹59 — a gain of +52.54%.
How did the GMP of Electronics Mart India IPO trend before listing?
The GMP of Electronics Mart India IPO was rising in its final days before listing. The GMP peaked at ₹35 on 7 October 2022. View the day-wise table above for the complete GMP history.
Explore Electronics Mart India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
