Electronics Mart India IPO: Electronics Mart India's share allotment process was concluded yesterday and the company started the process of initiation of refund today. Electronics Mart India's shares were in very high demand during the share sale via initial public offer (IPO) which ended on October 7. The issue was subscribed 71.93 times by the end of final day of subscription. Electronics Mart India's shares were in very high demand among the qualified institutional buyers (QIBs) as the portion reserved for them was subscribed nearly 169.54 times, portion set aside for non-institutional investors (NIIs) was subscribed 63.59 times, and shares reserved for retail investors was subscribed 19.72 times.