Hyderabad based Consumer Durable Retail Chain, Electronics Mart India files for Rs 500 cr IPO
Hyderabad-based consumer durable retail chain, Electronics Mart India Ltd has filed its draft red herring prospectus (DRHP) with market regulator, Securities and Exchange Board of India to raise Rs 500 crore through an initial public offering (IPO). The company intends to utilise the net proceeds to fund its capital expenditure and incremental working capital requirements…