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Incorporated in 1999, IndiaMART InterMESH Limited is an online B2B marketplace to deal with business products and services. It is an online platform for business buyers to connect with suppliers of the products and services. As on 31st March 2018, the company had 4.72 million supplier storefronts with listed 50.13 million products and 59.81 million registered buyers.
The buyers can place business enquiry by visiting suppliers (both small and medium) online at this marketplace and explore the product and services listing offered by the suppliers. The company offers product and services across 52 industries and this marketplace is accessible through desktop and mobile platforms.
The company earns revenue primarily by selling the subscription packages which are available for a month, year and multi-year. This package offers the following benefits to the suppliers:
1. Listing of the supplier storefronts on online marketplace based on priority,
2. Access to lead management system,
3. Integrated access to a 3rd party online payment gateway, and
4. Access to RFQs or buy leads
In addition, the company also generates revenue by advertising, sale of RFQ credits and payment facilitation service.
Key Strength of India Mart
1. One of the leading B2B e-Commerce Players in India.
2. Expected growth in SME sector to significantly benefit IndiaMART.
3. A robust two-way discovery marketplace connecting buyers and suppliers.
4. Well-placed to cash in the opportunities in India's wholesale market.
India Mart IPO - Key Risks
1. General demand slowdown for the types of products and services listed by the suppliers on IndiaMART online marketplace.
2. Increasing competition from players like Tradeindia.com (4.3 mn users) and Alibaba India. Others include JustDial, Google, Industry Buying, Power2SME, Moglix and Bizongo.
Competitive strengths
1. Strong network
2. A large number of listing of product and service
3. Diverse industry categories
4. PAN India presence
5. Subscription packages and subscription-free services
6. A cost-effective platform
7. Robust mobile platform
IPO Date | Jun 24, 2019 to Jun 26, 2019 |
Listing Date | Jul 4, 2019 |
Face Value | ₹10 per share |
Price | ₹970 to ₹973 per share |
Lot Size | 15 Shares |
Total Issue Size | 4,887,862 shares (aggregating up to ₹475.59 Cr) |
Offer for Sale | 4,887,862 shares of ₹10 (aggregating up to ₹[.] Cr) |
Employee Discount | Rs 97 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | 3,658,397 (75.00%) |
NII (HNI) Shares Offered | 731,679 (15.00%) |
Retail Shares Offered | 487,786 (10.00%) |
Total Shares Offered | 4,877,862 |
IndiaMart IPO opens on Jun 24, 2019, and closes on Jun 26, 2019.
Event | Tentative Date |
---|---|
Opening Date | Monday, 24 June 2019 |
Closing Date | Wednesday, 26 June 2019 |
Basis of Allotment | Monday, 1 July 2019 |
Initiation of Refunds | Tuesday, 2 July 2019 |
Credit of Shares to Demat | Wednesday, 3 July 2019 |
Listing Date | Thursday, 4 July 2019 |
Cut-off time for UPI mandate confirmation | 5 PM on Jun 26, 2019 |
The IndiaMart IPO lot size is 15 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 15 | ₹14,595 |
Retail (Max) | 13 | 195 | ₹189,735 |
Lot Size Calculator |
Brijesh Agrawal and Dinesh Chandra Agarwal are the promoters of the company.
Pre Issue Share Holding | 58% |
Post Issue Share Holding | 53% |
Particulars | For the year/period ended (in Rs. 10 Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-19 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | ||
Total Assets | 8,207.55 | 5,427.13 | 2,209.06 | 1,907.51 | 1,024.78 | |
Total Revenue | 5,074.17 | 4,105.08 | 3,177.63 | 2,542.89 | 1,760.72 | |
Profit After Tax | 200.44 | 547.59 | (643.46) | (1,159.12) | (318.85) |
The objects of the Offer are:
1. To achieve the benefit of listing the equity shares on the Stock Exchanges and
2. For the sale of an aggregate of up to 4,288,801 equity shares by the selling shareholders.
[Dilip Davda] Cash surplus risk savvy investors may consider investment for long term at their own risks. Read detail review...
The IndiaMart IPO is subscribed 36.21 times on Jun 26, 2019 7:00:00 PM. The public issue subscribed 14.07 times in the retail category, 30.83 times in the QIB category, and 62.13 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 30.83 |
NII | 62.13 |
Retail | 14.07 |
Employee | 6.06 |
Total | 36.21 |
Listing Date | Jul 4, 2019 |
BSE Script Code | 542726 |
NSE Symbol | INDIAMART |
ISIN | INE933S01016 |
Final Issue Price | ₹973 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹973.00 |
₹1,180.00 |
₹1,180.00 |
₹1,339.00 |
₹1,302.55 |
NSE |
---|
₹973.00 |
₹1,180.00 |
₹1,180.00 |
₹1,338.00 |
₹1,301.95 |
IndiaMART InterMESH Limited
1st Floor, 29 Daryaganj,
Netaji Subhash Marg,
New Delhi 110 002, India
Phone: (+91) (11) 3027 2100
Email: cs@indiamart.com
Website: https://www.indiamart.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: indiamart.ipo@linkintime.co.in
Website: https://linkintime.co.in/
IndiaMart IPO is a main-board IPO of 4,887,862 equity shares of the face value of ₹10 aggregating up to ₹475.59 Crores. The issue is priced at ₹970 to ₹973 per share. The minimum order quantity is 15 Shares.
The IPO opens on Jun 24, 2019, and closes on Jun 26, 2019.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The IndiaMart IPO opens on Jun 24, 2019 and closes on Jun 26, 2019.
IndiaMart IPO lot size is 15 Shares and the minimum order quantity is .
You can apply in IndiaMart IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for IndiaMart IPO will be done on Monday, 1 July 2019, and the allotted shares will be credited to your demat account by Wednesday, 3 July 2019. Check the IndiaMart IPO allotment status.
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Thank you,
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ProStocks (Stock Broker) offers Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Rs 0 Eq Delivery Brokerage + AMC Free Demat + Rs 0 Account Opening Fee. Team Chittorgarh.com guarantee you the best service. Open instant account
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