IndiaMART InterMESH Limited IPO Message Board (Page 11)

Iski subsidiary company Kon si he??
Grp??

www.tolexo.com
No more in operation and Indiamart was in loss funding this sister company.

Since the Retail allotment will be very tough it is better not to apply in this IPO.
Furthermore Retailers please don't discuss about listing gain/loss if you know that you will not get the allotment. Only QIB'S can discuss about it.

Please Note: This is a 75% QIB issue

Also, this is 100% OFS -
However, all PE investors are retaining some portion (from 25% to 100%) of their investments - Where, promoters are diluting 5% of their stake

Awesome

140 145 prem..

Anchor book looking good
Apply for minimum lot
Will give some listing gains

Premium 114 118 . because of small size .big satta hone wala he .so don't sell shares in gra .
Advice
Apply this ipo without hesitation .1000 to 1500 get .

Avoid issue. Invest in main equity fundamentally good company which gives you confirm return in long term..

AniketIAF bro, aapki kya raee ha ya IPO ka bare ma ?

Bhare ya rehna deva..

And if bharta ha toh Kitna listing gain milna ki umid ha ?

IndiaMART IPO
GMP 120 +/- 2

IndiaMART IPO - *Market Estimates of oversubscription*:

RII = 2L Forms = 6.15X Applic. wise (Avg allotment of ~2.44 shares per lot)
NII = 5.75K Crs. = ~80.77X

Interest cost @7%p.a. for 7days = 130.622paise for 1X

Thus, for NII the costing = 80.77 X 130.622paise = Rs.105.50 per share (GMP)

And, for RII the costing = 105.50 X 2.44 = Rs. ~257/- (Kostak)

IndiaMART IPO - *GMP Expected*
GMP 105/-
Kostak 275/-

Madam who are you unbelievable analysis keep going

I want to join your Broadcast group Omicron

Better to have a look after listing instead of IPO. Will trade in similar lines as Matrimony.com

Retail allotment will be tough.
It may be subscribe like Newgen Chem.

Premium is because of small size . otherwise may discount

Premium down to 80-83

>>NAV as on March 31, 2019 was Rs.55.92 (Page #119 of RHP)

Offered for INR @970 TO 973 -Not a very healthy ratio.

All members of IPO. This is another case of reliance power. Naam bade or darshan chote.

Please request you to don't apply this IPO. Too much costly, will zero your balance if you got allotted. Remember issue also comes in bare market conditions, so it will be bigger flop. Safe your money in bank only.

Naam bade? you are kidding me.

This is a purely window dressing case.
Misguided in numbers. Avoid.avoid.

IndiaMART IPO - Schedule (Pg #497 of RHP)

19th June - Price Band to be Announced
21st June - Anchor List
24th June - Offer Opens
26th June - Offer Closes
01st July - Finalisation of Basis of Allotment
02nd July - Initiation of Refunds
03rd July - Credit to Depository Accounts
04th July - Commencement of Trading


IndiaMART IPO - Issue Information *(FINAL)*

Issue Opens on: 24 June 2019
Issue Closes on: 26 June 2019
Issue Type: Book Built Issue IPO
Issue Size: 4,887,862 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.970 - Rs.973 per Equity Share
Market Lot: 15 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,87,74,820 Equity Shares
Offer for Sale of 4,887,862 Equity Shares @973 = Rs.475.34 Crores
Equity Shares outstanding after the Issue = 2,87,74,820 Equity Shares

Category-wise Break up:
Anchor - 21,95,038 Shares = 213.58Crs
QIB - 14,63,359 Shares = 142.38Crs
NII - 7,31,679 Shares = 71.19Crs
RII - 4,87,786 Shares = 47.22Crs (Lot size: 15 = 32,519 Forms)
Total Issue - 4,887,862 Equity Shares = 475.34Crs.

Subscription required for 1X
RII = 32,519 Forms
NII = 71.19Crs

Interest cost @7.0%p.a. for 7days = 130.622paise for 1X


IndiaMART IPO - Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.(35.09) (Page #117 of RHP)
EPS for FY17-18 >>> Rs.20.22 (Page #117 of RHP)
EPS for FY18-19 >>> Rs.07.61 (Page #117 of RHP)

RoNW for FY16-17 >>> (16.50)% (Page #118 of RHP)
RoNW for FY17-18 >>> 17.04% (Page #118 of RHP)
RoNW for FY18-19 >>> 12.54% (Page #118 of RHP)

NAV as on March 31, 2019 was Rs.55.92 (Page #119 of RHP)

Listed Industry Peer Group (Page #119 of RHP): NONE

First I must say the balance sheet of this company is really messed up...
For a tech company, it has considerable debt/ long-term liabilities (which have increased in Last FY... could it be the reason behind sudden profit-making ability?)
someone pointed correctly that subscriptions are taken in advance for next years, these are perhaps being shown as a Deferred Revenue under liabilities.
there is impairment of goodwill amounting Rs. 117 Crore in last FY means company acquired something which was not worth as it supposed to be.... and made losses.. so lack of acumen?
Until last year, for previous years...there is only Loss... Loss... Loss and.... hmm.... more loss.
But who looks at the Balance Sheet in IPO? it has a brand name.. if it sells and gets oversubscribed, we might just make a profit on top.

Last Heard ... GMP 90-95

Should we buy or sell