The IndiaMart IPO date has been confirmed from June 24 and ended on June 26. Read the post to learn about IndiaMart IPO GMP.
IndiaMart’s original public immolation( IPO) will begin on June 24 and end on June 26, 2019. The company is a leading B2B company.
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Key Details Of IndiaMart IPO:
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 Today is ₹[0].
IndiaMart IPO Overview
The IndiaMart IPO is a book- erected allocation for Rs475.59 crores. The immolation is simply for the trade of0.49 crore shares.The IndiaMart IPO transaction began on June 24, 2019 and finished on June 26, 2019. The allotment for the IndiaMart IPO was finalised on Monday, July 1, 2019. The shares were floated on BSE and NSE on July 4, 2019.
The IndiaMart IPO price band is from ₹ 970 to ₹ 973 per share. The IndiaMart IPO GMP is ₹[0]. The operation requires a minimum lot size of 15 Shares. Retail investors are demanded to deposit at least ₹ 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 business that deals with business products and services. It’s 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 business and exploring the products and services listed by the suppliers. The company offers products and services across 52 diligence, and this business is accessible through desktop and mobile platformsts 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 give all kinds of business- to- business services. According to the fiscal numbers, they made a loss for the former five times, but it narrowed last time. The establishment provides a reduction of 97 Rs. on the offer price of 970- 973.ous 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 | [email protected] |
Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
Name | IndiaMART InterMESH Limited |
Phone number | (+91) (11) 3027 2100 |
Email ID | [email protected] |
Website | https://www.indiamart.com/ |
IPO Strengths
- 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.
IndiaMart FAQs
When IndiaMart IPO will open?
The IndiaMart IPO opens on June 24, 2019 and closes on June 26, 2019.
What is the lot size of IndiaMart IPO?
IndiaMart IPO lot size is 15 Shares, and the minimum amount required is ₹14,595.
When is IndiaMart IPO allotment?
The finalization of Basis of Allotment for IndiaMart IPO will be done on Monday, July 1, 2019, and the allotted shares will be credited to your demat account by Wednesday, July 3, 2019.
When is IndiaMart IPO listing date?
The IndiaMart IPO listing date is on July 4, 2019.