The IndiaMart date has been confirmed from June 24 and ended on June 26
IndiaMart’s initial public offering (IPO) will begin on June 24 and end on June 26, 2019. The company is a leading B2B company.
Start your investing journey today. How do you open your own demat account for free?
Bidding Dates
June 24- 26
Price Range
₹970 to ₹973 per share
Face Value
₹10 per share
GMP
Coming Soon
IndiaMart GMP
The IndiaMart IPO GMP is ₹[0].
IPO Overview
IndiaMart IPO is a book built issue of Rs 475.59 crores. The issue is entirely an offer for sale of 0.49 crore shares.
IndiaMart IPO bidding started from June 24, 2019 and ended on June 26, 2019. The allotment for IndiaMart IPO was finalized on Monday, July 1, 2019. The shares got listed on BSE, NSE on July 4, 2019.
IndiaMart IPO price band is set at ₹970 to ₹973 per share. The minimum lot size for an application is 15 Shares. The minimum amount of investment required by retail investors is ₹14,595.
IndiaMart IPO GMP Live Rates Day By Day With Kotak Rates
- Grey market premium as on today is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 02-07-2019 is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 01-07-2019 is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 30-06-2019 is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 29-06-2019 is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 28-06-2019 is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 27-06-2019 is ₹150-160, Kostak ₹200 & Subject to Sauda is ₹2000
- Grey market premium as on 26-06-2019 is ₹115-120, Kostak ₹200 & Subject to Sauda is ₹1200
- Grey market premium as on 25-06-2019 is ₹115-120, Kostak ₹200 & Subject to Sauda is ₹1200
- Grey market premium as on 24-06-2019 is ₹115-120, Kostak ₹200 & Subject to Sauda is ₹1200
- Grey market premium as on 23-06-2019 is ₹100-110, Kostak ₹200 & Subject to Sauda is ₹1200
- Grey market premium as on 22-06-2019 is ₹100-110, Kostak ₹200 & Subject to Sauda is ₹1200
- Grey market premium as on 21-06-2019 is ₹100-110, Kostak ₹200 & Subject to Sauda is ₹1200
- Grey market premium as on 20-06-2019 is ₹90-95, Kostak ₹- & Subject to Sauda is ₹–
- Grey market premium as on 19-06-2019 is ₹90-95, Kostak ₹- & Subject to Sauda is ₹–
- Grey market premium as on 18-06-2019 is ₹-, Kostak ₹- & Subject to Sauda is ₹–
IndiaMart IPO Date & Price Band Details
| IPO Date | June 24, 2019 to June 26, 2019 |
| Listing Date | July 4, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹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 |
IndiaMart IPO Market Lot
Investors can bid for a minimum of 15 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 15 | ₹14,595 |
| Retail (Max) | 13 | 195 | ₹189,735 |
IndiaMart IPO Allotment & Listing Dates
IndiaMart IPO opens on June 24, 2019, and closes on June 26, 2019.
| IPO Open Date | Monday, June 24, 2019 |
| IPO Close Date | Wednesday, June 26, 2019 |
| Basis of Allotment | Monday, July 1, 2019 |
| Initiation of Refunds | Tuesday, July 2, 2019 |
| Credit of Shares to Demat | Wednesday, July 3, 2019 |
| Listing Date | Thursday, July 4, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2019 |
IndiaMart Company Financial Report
| 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) | |
IndiaMart IPO Reservation
IndiaMart IPO offers 4,887,862 shares. 3,658,397 (74.85%) to QIB, 731,679 (14.97%) to NII, 487,786 (9.98%) to RII. 32,519 RIIs will receive minimum 15 shares and (sNII) and (bNII) will receive minimum 210 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 10,000 (0.20%) | NA |
| NII (HNI) Shares Offered | 3,658,397 (74.85%) | |
| Retail Shares Offered | 731,679 (14.97%) | |
| Employee Shares Offered | 487,786 (9.98%) | 32,519 |
| Total Shares Offered | 4,887,862 (100%) |
Company Profile
Incorporated in 1999, IndiaMART InterMESH Limited is an online B2B marketplace that deals with business products and services. It is an online platform for business buyers to connect with suppliers of products and services. As of March 31, 2018, the company had 4.72 million supplier storefronts with listed 50.13 million products and 59.81 million registered buyers. Buyers can place business enquiries by visiting suppliers (both small and medium) online at this marketplace and exploring the products and services listed by the suppliers. The company offers products and services across 52 industries, and this marketplace is accessible through desktop and mobile platforms.
They provide all kinds of business-to-business services. According to the financial figures, they made a loss for the previous five years, but it narrowed last year. The company offers a discount of 97 Rs. on the offer price of 970-973.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | indiamart.ipo@linkintime.co.in |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | IndiaMART InterMESH Limited |
| Phone number | (+91) (11) 3027 2100 |
| Email ID | cs@indiamart.com |
| Website | https://www.indiamart.com/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
