
Technology / Consumer Discretionary · NSE / BSE
Incorporated in 1999, IndiaMART InterMESH Limited operates an online B2B marketplace that connects business buyers with suppliers of products and services across 52 industries through desktop and mobile platforms. As of March 31, 2018, the platform hosted 4.72 million supplier storefronts, listed over 50.13 million products, and had 59.81 million registered buyers, enabling SMEs and large businesses to discover suppliers and place business enquiries online. The company primarily earns revenue from subscription packages offered to suppliers for monthly, yearly, or multi-year periods, which provide benefits such as priority storefront listing, access to a lead management system, RFQs or buy leads, and integrated payment gateway services, along with additional income from advertising, RFQ credits, and payment facilitation. As one of India’s leading B2B e-commerce platforms, IndiaMART is well positioned to benefit from the growth of the SME and wholesale markets, though it faces risks from demand slowdowns and rising competition from players such as TradeIndia, Alibaba India, Justdial, Moglix, Bizongo, and others.
Price Band
₹973
Issue Size
₹475 Cr
Lot Size
15 shares
GMP
Est. Listing
₹973
at current GMP
Subscribed
—
Open
24 Jun 2019
Close
26 Jun 2019
Allotment
1 Jul 2019
Refund
2 Jul 2019
Demat Credit
3 Jul 2019
Listing
4 Jul 2019
Designated Registrar: Link Intime India Private Limited
Allotment Date
1 Jul 2019
Basis finalization
Refunds Initiate
2 Jul 2019
Mandate release
Demat Credit
3 Jul 2019
Shares in demat
Listing Debut
4 Jul 2019
Trading begins
IndiaMART InterMESH Limited is bringing an initial public offering (IPO) in the Technology / Consumer Discretionary sector with an aggregate issue size of ₹475 Crores. The shares are offered at a price band of ₹973 to ₹973 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-06-26, the basis of allotment is scheduled to be finalized on 2019-07-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.