JSA is advising on the IPO of Electronics Mart India Limited

JSA is advising Anand Rathi Advisors Limited, IIFL Securities Limited and JM Financial Limited, the book running lead managers in relation to the initial public offering of Electronics Mart India Limited (“EMIL”) (“IPO”). The IPO consists of a fresh issue of equity shares of EMIL of up to INR 5 billion.

EMIL is the 4th largest consumer durable and electronics retailer in India and as of Financial Year 2020, the largest player in the Southern region in revenue terms with dominance in the states of Telangana and Andhra Pradesh. EMIL offer a diversified range of products with focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others with offerings across product categories from more than 70 consumer durable and electronic brands.

JSA team comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Associate – Ananth Balaji, and Sourav Modi, and Junior Associate – Reshmi Prabhakar.