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.
The IPO of Electronics Mart, the 4th largest and one of the fastest growing consumer durables and electronics retailers in India, received bids of 10,58,14,114 shares against the offered 6,25,00,000 equity shares, at a price band of ₹56-59.
The IPO of Electronics Mart, has received bids of 4,49,53,64,644 shares, according to the data available on the stock exchanges. Overall the issue was subscribed 71.93 times on the final day of bidding.