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Jun 2, 2022 - Jun 15, 2022

IndiaMART InterMESH Limited Buyback (IndiaMART InterMESH Buyback) Detail

Incorporated in 1999, IndiaMART InterMESH Ltd e-commerce company that offers B2B and customer-to-customer sales services. The company has 143 Million Buyers, 7 Million Suppliers and 80 Million Products & Services. IndiaMART has 3,185 employees located across 32 offices in the country as of January 25, 2022.

IndiaMART InterMESH Buyback Detail

Issue PeriodJun 2, 2022 - Jun 15, 2022
Security NameIndiaMART InterMESH Limited
Issue TypeTender Offer
Issue Size (Shares)0.02 Crores
Issue Size (Amount)₹100.00 Crores
Buyback Price₹6250 per share
Face Value₹10 per share
Listing AtBSE, NSE

IndiaMART InterMESH Buyback Issue Timetable

Offer Opens OnJun 2, 2022
Offer Closes OnJun 15, 2022
Record DateMay 11, 2022
Last Date for receipt of Tender FormsJun 15, 2022
Finalisation of Buyback AcceptanceJun 23, 2022
Last Date for settlment of bidsJun 24, 2022
Last Date for Extinguishment of SharesJul 1, 2022

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
ย  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 86,567.97 75,614.63 70,744.52
Profit After Tax 29,761.90 27,977.49 14,738.21
Net Worth 1,87,405.37 1,61,088.46 27,505.75

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 4879.75 3965.35 4409.07
Feb-2022 5379.9 4551.2 5000.63
Jan-2022 6902 4350 6189.47

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 4880 3960 4408.57
Feb-2022 5382 4555 5001.55
Jan-2022 6907 4301.1 6189.4

Necessity of the Issue

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholdersโ€™ value.

IndiaMART InterMESH Buyback Documents

IndiaMART InterMESH Buyback Rating

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IndiaMART InterMESH Buyback Reviews

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Company Contact Information

IndiaMART InterMESH Limited
6th floor, Tower 2,
Assotech Business Cresterra, Plot No.22, Sec 135,
Noida-201305, Uttar Pradesh

Phone: +91-9696969696
Email: customercare@indiamart.com
Website: https://corporate.indiamart.com/

IndiaMART InterMESH Buyback Registrar

  1. Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270
    Email: indiamart.buyback@linkintime.co.in
    Website: https://linkintime.co.in/

IndiaMART InterMESH Buyback Manager

Lead Manager(s)

  1. Ambit Private Limited

Registered Broker

  1. Ambit Capital Private Limited
    Email: sameer.parkar@ambit.co

Find IndiaMART InterMESH Buyback Latest Update


12 Comments

12. Safe Bet   I Like It. | Report Abuse |   Link | May 17, 2022 12:46:10 PM Reply
is this buyback open.
can I buy now to avail buyback?
12.1. Harsh Stock Expert   I Like It. | Report Abuse |   Link | May 21, 2022 8:10:00 AM
Buyback Opens : 2/06/22
Closes: 15/06/22
Settlement : 24/06/22
11. KAMMA SIVA RAMA KRISHNA   I Like It. 2 | Report Abuse |   Link | May 13, 2022 9:56:53 PM Reply
Matrimony. com Buyback Particulars:

Buyback size: upto 06,52,173 shares
Buyback price : Rs. 1150/-
Buyback amount: Rs. 75 Crores
Mode : Through Tender Offer
Record date : To be announced
CMP: Around Rs.767/-
Happy investing to all of you. Thank you.
10. Kishore S   I Like It. | Report Abuse |   Link | May 9, 2022 12:42:43 AM Reply
ER is less than 1%.
2 lakhs + small investors as on March 31. By now it should be much more
Only 24000 shares reserved for small investors
AR is going to be very small percentage,
Better not to buy only for buyback.
10.1. amit K singh   I Like It. | Report Abuse |   Link | May 10, 2022 8:01:28 AM
Very true..
9. SWAPNIL   I Like It. | Report Abuse |   Link | May 5, 2022 8:35:50 PM Reply
How to apply for buy back.. Please advice me on this๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป
8. KAMMA SIVA RAMA KRISHNA   I Like It. 1 | Report Abuse |   Link | May 5, 2022 2:53:23 PM Reply
Purchased a few shares @ Rs. 4620.05
8.1. KAMMA SIVA RAMA KRISHNA   I Like It. | Report Abuse |   Link | May 6, 2022 1:03:40 PM
Purchased a few shares @ Rs. 4421/-
7. Mayur Gohil   I Like It. | Report Abuse |   Link | May 3, 2022 4:21:47 PM Reply
What is the procedure to take part in buy back? Can I do it online from my App of my Dmat a/c ?
7.1. Aru   I Like It. | Report Abuse |   Link | May 6, 2022 12:17:05 PM
Buy shares 2 days before the record date. You will get a mail from ur broker regarding buyback then Tender the shares thru link given in mail
6. Keruba   I Like It. | Report Abuse |   Link | May 1, 2022 3:10:41 PM Reply
I have one. Will it get accepted if I apply for buyback
6.1. U. K.   I Like It. | Report Abuse |   Link | May 1, 2022 6:11:00 PM
Not sure, one share will go through the lottery because size of IndiaMART buyback is very small.
5. Uttam   I Like It. | Report Abuse |   Link | May 1, 2022 6:01:42 PM Reply
Chance of one share accepted is very less. Dont go for it.
4. Pratik Bharatbhai pawala   I Like It. | Report Abuse |   Link | Apr 29, 2022 10:16:29 PM Reply
Dear papon did you expect above 24000 application single
4.1. papon   I Like It. 1 | Report Abuse |   Link | Apr 30, 2022 7:11:51 AM
I am saying that total application will definitely go more than 24000 as retail investors at present is 2 lacs plus. So if 25% apply than also 50000 application. So single share formula will not work in this case as buyback is very small.
3. Hashsting   I Like It. | Report Abuse |   Link | Apr 30, 2022 12:15:14 AM Reply
Double Edged Sword if you can't take the risk better to stay away. Only 24000 Shares are going to get accepted most probably will end Up A Lottery.. single share loop not going to work in this
2. Selena   I Like It. | Report Abuse |   Link | Apr 29, 2022 6:27:10 PM Reply
Only 24000 shares available for retailers how will b one share accepted from single application?
2.2. Selena   I Like It. | Report Abuse |   Link | Apr 29, 2022 8:34:37 PM
?
2.3. papon   I Like It. 1 | Report Abuse |   Link | Apr 29, 2022 10:09:33 PM
If no of application more than 24000 than lottery. Example if HEG buyback few years back. My 1 shares in 9 different accounts went for lottery and luckily 4 got accepted and remaining 5 return back to their respective account
1. Vibhor Saxena   I Like It. | Report Abuse |   Link | Apr 29, 2022 11:41:57 AM Reply
One share from 1 account will be a good profit
1.3. krupa   I Like It. | Report Abuse |   Link | Apr 29, 2022 3:18:13 PM
@Gj
1 share from one a/c may be accepted
Like in tcs buyback
My 5 shares of tcs accepted in 5 different ac
1.4. vibhor   I Like It. | Report Abuse |   Link | Apr 29, 2022 3:42:52 PM
@GJ
limited funds availability