Electronics Mart India Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• The Company is the 4th largest consumer durable and electronics retailer in India with a leadership position in South India. The Company's scale of operations along with its long-standing relationship with leading consumer brands enables it to procure products at competitive rates.
• The Company is one of the fastest growing consumer durable and electronics retailer with consistent track record of growth and industry leading profitability.
• The Company's market presence and geographic reach with cluster-based expansion.
• The Company's business model provide operational flexibility to create long term sustainable footprint.
• The Company is the 4th largest consumer durable and electronics retailer in India with a leadership position in South India. The Company's scale of operations along with its long-standing relationship with leading consumer brands enables it to procure products at competitive rates.

• The COVID-19 pandemic and the resulting deterioration of general economic conditions has in the past financial years affected its business and may continue to materially affect the company business, results of operations, financial condition, and / or its cash flows in future periods.
• The Company is dependent on external suppliers for its product requirements. Any delay or failure on the part of the external suppliers to deliver products, may materially and adversely affect its business, profitability and reputation.
• A large part of its revenues is dependent on a limited number of brands. The loss of any of its major brands or a decrease in the supply or volume from such brands, will materially and adversely affect the company revenues and profitability.
• There are certain proceedings involving the Company, its Promoters which if determined against its, may have an adverse effect on the company business, cash flows and results of operations.
• The company propose to use Rs. 133.87 crores of the Net Proceeds of the Issue towards opening of new stores / warehouse. The company is yet to purchase real estate or enter into long-term leasehold arrangements or enter into rental agreements at locations suitable for new stores for its expansion in relation to setting up and operation of its proposed new stores / warehouse. In case the company is unable to open the stores / warehouse in a timely manner as mentioned in the chapter "Objects of the Issue", its may fall short of the revenue targets of the Company and this would have an adverse effect on its business, financial condition, results of operations and growth prospects.

• Expand reach across select geographies and deepen the footprint in its existing markets.
• Enhancing sales volumes by continuing to prioritise customer satisfaction through optimal product assortment and offering value for money.
• Technology led effective inventory management & lean operating structure to maintain & improve operating efficiencies
• Maintaining & forging new relationships with leading brands across existing and new format stores thereby ensuring wider product range
• Continuous training of manpower