IndiaMART InterMESH was established in 1996 . Currently, it is having head office in Noida(UP). INDIAMART works in the sector of Company doing online marketing business. . INDIAMART has experience of 25 years experience in online marketing sector. .
"IndiaMart is India’s largest online B2B market-place for business products and services with approximately 60% market share of the online." "There is a possibility to stand in market because. Now mostly business running online, and they possesses good experience."
Company's annual revenue is Rs.507.41 Cr. Company's annual profit is Rs.20.03 Cr. Company's promoters are "Dinesh Chandra Agarwal and Brijesh Agrawal"
INDIAMART IPO issue open date is 24th June 2019 and close date is 29th June 2019 . The face value for IndiaMART InterMESH IPO is Rs 10 per equity share. The total IPO size is approx Rs Rs.475 Cr. crore.
The price band for INDIAMART is Rs 970 to Rs 973. The lot size for INDIAMART IPO is a minimum of 15 shares to maximum 195 shares. This IPO will be listed on BSE and NSE. INDIAMART IPO total equity is 4887862 shares.
INDIAMART IPO Market Lot and Investment Amount permalink
To invest in IndiaMART InterMESH's initial public offering starting from 24th June 2019 you need to invest minimum Rs 14550, however you can also invest up to Rs 189735, considering the upper price of IPO Rs 973 and maximum allottable shares (195 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 15 shares.
INDIAMART IPO was subscribed only 36.21 Times times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 1463359 shares and received bids for 45115357 shares which is 30.83 times of total meant for QIB category.
IndiaMART InterMESH's IPO was subscribed 50% on the first day.
Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 731679 and bid for 45459216 shares received . Bid from NII for IndiaMART InterMESH's IPO is 62.13 times of total meant for NII category.
Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 487786 and bid for 6863149 shares received . Bid from RII for INDIAMART's IPO is 14.07 times of total meant for RII category.
The total number of shares offered were 2692824 and bid for 97507157 shares received .
INDIAMART initial public offering of 4887862 equity shares of the face value of Rs 10 aggregating up to ₹ Rs.475 Cr. Crores. INDIAMART IPO issue open date is 24th June 2019 and close date is 29th June 2019 .