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Electronics Mart Files IPO Papers With SEBI, To RaiseRs 500 Crore

EMIL was founded by Pavan Kumar Bajaj and Karan Bajaj under the name, Bajaj Electronics
EMIL was founded by Pavan Kumar Bajaj and Karan Bajaj under the name, Bajaj Electronics
Electronics Mart India Limited (EMIL) has filed papers with Securities and Exchange Board of India to raise Rs 500 crore through an initial public offering (IPO). The consumer durables retail chain's IPO will consist of a fresh sale of shares worth Rs 500 crore, the Hyderabad-based company said in its red herring prospectus.
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