IndiaMART InterMESH Limited IPO

IndiaMART InterMESH Limited

Issue Open

Jun 24, 2019

Price Band

₹ 970 - ₹ 973

Issue Size

₹ 475.58 Cr

Credit of Shares to Demat

-

Issue Close

Jun 26, 2019

Bid Lot

15

Listing Exchange

BSE NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

15

Allotment Details

-

Face Value

Rs 10 per equity share

Listing On

Jul 04, 2019

Refunds

-

About the company:

Company Info:

IndiaMART InterMESH Limited is an online platform for business buyers to connect with suppliers of the business products and services.It is an online B2B marketplace to deal with business products and services. Business enquiry can be placed by buyers by visiting suppliers online and explore the product and services listings offered by them.


Date of Incorporation:

The company was incorporated in the year 1999


Promoters of the company: The promoters of the company are Brijesh Agrawal and Dinesh Chandra Agrawal


Object of the Issue:

1.Liquidity to investors

2.Accountable through good investors

3.Achieving the benefits of listing the equity shares on the stock exchanges

4.For the sale of an aggregate of  up to 4,288,801 equity shares by the selling shareholders

 

Strengths of the company:

1.IndiaMART’s strong network effects and brand recognition drives leadership in the B2B marketplace in India.

2.Comprehensive, convenient and reliable platforms for buyers.

3.Efficient and effective marketing platform for suppliers.

4.Deep understanding of online trade and commerce in India that drives innovative solutions.

5.Robust mobile platform.

6.Experienced Management Team and Large Sales and Service Representatives Team with Proven Track Record of Performance.


Company financials:



31 March,18

31 March,17

31 March,16

31 March,15

31 March,14

Total assets

5,496.40

3,558.78

2,641.67

1,071.95

823.20

Total revenue

4,035.48

3,086.29

2,377.09

1,728.90

1,357.46

Profit after tax

(4.59)

(9.80)

(17.84)

(189.79)

(76.93)

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