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Electronics Mart India Limited
Electronics Mart India Limited (EMIL) is an Indian retail company of electronics home appliances and consumer durables.[2][3] It is headquartered in Hyderabad, Telangana and currently operates 121 stores under its several brands across Telangana, Andhra Pradesh and Delhi NCR.[4][5] HistoryEMIL commenced its business operations in 1980 under Pavan Bajaj.[6] As a sole proprietary concern by setting up a consumer durable and electronic retail store in Lakdi ka pul, Hyderabad under the name of Bajaj Electronics.[7] In 2011, sole proprietorship was converted into a partnership firm named Bajaj Electronics. In 2018, the partnership firm was converted into a public limited company. EMIL also opened its 50th store in Hyderabad in 2018.[8] Two years later, they crossed rupees 30,000 million in net sales.[9] In September 2021, the company filed offer document with SEBI to raise Rs 5000 million through an initial public offer.[10][11] Later in October 2022, EMIL was successfully listed on National Stock Exchange and Bombay Stock Exchange.[12] FinancialsEMIL made a debut in the stock market with their stock opening at Rs 89.40, a 52 per cent premium over its issue price on BSE.[13][14] In NSE, its shares were listed at a 53 per cent premium at Rs 90 as against its issue price of Rs 59 per share.[15][16] References
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