Electronics Mart (earlier Bajaj Electronics), a good IPO listing tomorrow at reasonable valuation (18.5x PE)
Not in a rush to buy, but adding to watchlist.
- AP+Telangana base
- Electronics retail is growing.
- 100% promoter owned (institutions will want a bite)
Some extracts:
Not in a rush to buy, but adding to watchlist.
- AP+Telangana base
- Electronics retail is growing.
- 100% promoter owned (institutions will want a bite)
Some extracts:
Few operational data points I want to check are:
1. Sales/ sq feet versus Aditya Vision
2. Sales by store vintage (>5 years, 1-5 years,<1 year) to understand scale up/ repeat.
3. How they scale non retail verticals (wholesale and ecommerce). Growth here is not impressive so far.
1. Sales/ sq feet versus Aditya Vision
2. Sales by store vintage (>5 years, 1-5 years,<1 year) to understand scale up/ repeat.
3. How they scale non retail verticals (wholesale and ecommerce). Growth here is not impressive so far.
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