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
Brijesh Agrawal and Dinesh Chandra Agarwal are the promoters of the company.
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.
IPO Opening Date | Jun 24, 2019 |
IPO Closing Date | Jun 26, 2019 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹970 to ₹973 per equity share |
Market Lot | 15 Shares |
Min Order Quantity | 15 Shares |
Listing At | BSE, NSE |
Issue Size | 4,887,862 Eq Shares of ₹10 (aggregating up to ₹475.59 Cr) |
Offer for Sale | 4,887,862 Eq Shares of ₹10 (aggregating up to ₹[.] Cr) |
Employee Discount | Rs 97 |
The IndiaMart IPO open date is Jun 24, 2019, and the close date is Jun 26, 2019. The issue may list on Jul 4, 2019.
IPO Open Date | Jun 24, 2019 |
IPO Close Date | Jun 26, 2019 |
Basis of Allotment Date | Jul 1, 2019 |
Initiation of Refunds | Jul 2, 2019 |
Credit of Shares to Demat Account | Jul 3, 2019 |
IPO Listing Date | Jul 4, 2019 |
The IndiaMart IPO market lot size is 15 shares. A retail-individual investor can apply for up to 13 lots (195 shares or ₹189,735).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 15 | ₹14,595 |
Maximum | 13 | 195 | ₹189,735 |
Pre Issue Share Holding | 58% |
Post Issue Share Holding | 53% |
The IndiaMart IPO is subscribed 36.21x times on Jun 26, 2019 19:00. The public issue subscribed 14.07x in the retail category, 30.83x in the QIB category, and 62.13x in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
QIB | 30.83x |
NII | 62.13x |
RII | 14.07x |
Employee | 6.06x |
Total | 36.21x |
Listing Date | Thursday, July 4, 2019 |
BSE Script Code | 542726 |
NSE Symbol | INDIAMART |
Listing In | B |
ISIN | INE933S01016 |
IPO Price | ₹973 per equity share |
Face Value | ₹10 per equity share |
|
|
|
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
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: indiamart.ipo@linkintime.co.in
Website: http://www.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 equity 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 15 Shares.
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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for IndiaMart IPO will be done on Jul 1, 2019, and the allotted shares will be credited to your demat account by Jul 3, 2019. Check the IndiaMart IPO allotment status.
Thank you,
Chittorgarh.com Admins
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
Mazagon Dock Shipbuilders - IPO Size Approx 650 cr
ASK Investment Managers - IPO Size Approx 1500 cr
AGS Transact Tech - IPO Size Approx 1000 cr
Mazagon Dock Shipbuilders and ASK Investment Managers this both IPOs will planning by this month end to hit Primary Market.
AGS Transact Tech IPO planning in September Month.
Last 3 IPOs are Very Aggressively Price. So Hope for Reasonable pricing in all up coming IPOs.