Electronics Mart India Ltd. Company History and Annual Growth Details

Our Company was originally formed as a sole proprietorship under the name of ‘M/s Bajaj Electronics’ at Hyderabad in 1980 and it was converted into a partnership firm under the name of ‘M/s Bajaj Electronics’ (“Bajaj Electronics”) pursuant to partnership deed dated March 25, 2011 and was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Hyderabad (South) on April 13, 2011. Pursuant to deed of partnership dated July 31, 2017, constitution of ‘M/s Bajaj Electronics’ was modified to admit new partners and a memorandum acknowledging receipt of documents for change in constitution of partnership was issued by Registrar of Firms, Hyderabad (South), on August 2, 2017. Bajaj Electronics was thereafter converted into public limited company under the Companies Act, 2013 with the name Electronics Mart India Limited pursuant to certificate of incorporation issued by Central Registration Centre, Registrar of Companies dated September 10, 2018.

Major events and milestones:

1980

Opened first retail store at Lakdikapool

2014

Our revenue from operations crossed INR 5000 million

2016

Our revenue from operations crossed rossed INR 10,000 million

2017

-Forayed into ecommerce space through our website www.bajajelectronics.com

-Electronics Mart India Awarded "Outstanding Performer (Air Coolers)" by Voltas. 

2018

Opened 50th store in Hyderabad

Our revenue from operations crossed INR 20,000 million

Our Company was incorporated pursuant to its conversion from a partnership firm into a public limited company.

-Electronics Mart India Awarded "Highest RA Sales (Regional Retail) Award" to Hyderabad branch by Daikin at the Dealer Awards 2018.

2019

Expanded our operations beyond our brick-and-mortar stores situated at Andhra Pradesh and Telangana by commencing our business operations on E-commerce platform in association with Amazon and PayTm.

-Awarded "Best Business Partner Excellence Award-2019" and "Best Contribution-2019" by VIVO. 

-Awarded "Remarkable Contribution Award" by Oppo at the O-Partner's Gratitude Meet 2019.

2020

Our revenue from operations crossed INR 30,000 million

2021

Opened 100th store in Kurnool, Andhra Pradesh

2022

Our revenue from operations crossed INR 40,000 million

2023

Expanded our operations beyond Andhra Pradesh and Telangana by inaugurating our first store in NCR.