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This Article is From Sep 30, 2022

Electronics Mart India IPO - Investment Rationale, Future Growth Strategies, Key Risks, Financials: KRChoksey

Electronics Mart India IPO - Investment Rationale, Future Growth Strategies, Key Risks, Financials: KRChoksey
Television sets inside an electronic store. (Photo: Usha Kunji /Source: BQ Prime)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey's IPO Research Report

Electronics Mart India Ltd. started operations in 1980 with a consumer durable and electronics store in Hyderabad.

Today, Electronics Mart India is the fourth largest and one of the fastest-growing consumer durables and electronics retailers in India, with dominance in Andhra Pradesh and Telangana.

Electronics Mart India retails consumer durables such as home entertainment, mobiles, laptop, home appliances, cameras, kitchen appliances, and personal care. EMIL operates multi-brand outlets under the 'Bajaj Electronics' brand name in Andhra Pradesh and Telangana, and under the name of 'Electronics Mart' in the NCR region.

Multi brand outlets also include special format stores called Kitchen Stories for kitchen appliances and 'Audio&Beyond' focusing on high-end home audio and home automation solutions.

The company also operates exclusive brand outlets for various brands. As of August 31, 2022, Electronics Mart India had 112 stores, of which 100 stores were MBOs and 12 stores were across Andhra Pradesh, Telangana, and NCR.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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