IndiaMART InterMESH Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Jun 2019

Close Date

26 Jun 2019

Allotment

01 Jul 2019

Listing Date

04 Jul 2019

Exchange

NSE & BSE

Price Band

₹973

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹973

Per share

Face Value

₹10 per share

Lot Size

15 Shares

per lot

Issue Size

48,87,862 shares (aggregating up to ₹475.49 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,595

1 lot

Pre-IPO Holding

2,87,74,820 shares

Promoters

Post-IPO Holding

2,87,74,820 shares

Promoters

UPI Deadline

2019-06-26

Mandate

Anchor AllotmentFri, 21 Jun 2019

Basis of AllotmentMon, 01 Jul 2019

Refund InitiationTue, 02 Jul 2019

Demat CreditWed, 03 Jul 2019

Listing DayThu, 04 Jul 2019

UPI Mandate Deadline2019-06-26

Sale TypeOffer For Sale

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

IndiaMART InterMESH Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Jun 2019.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,887,862	100%	₹475.59

IPO Shares Offered

IndiaMART InterMESH Ltd. IPO total issue size: ₹475.59 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	4,887,862	₹475.59	100.00%

* Based on upper price band ₹973 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹973.00

Upper Band

Min Investment

₹14,595

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	30	₹29,190
Retail (Max — 13 Lots)	13	195	₹189,735
S-HNI (Min — 14 Lots)	14	210	₹204,330
B-HNI (Min — 69 Lots)	69	1,035	₹1,007,055

* Issue Price ₹973 × Lot Size 15 shares

IPO Schedule

Anchor

21 Jun 2019

✓ Done

IPO Open

24 Jun 2019

✓ Done

IPO Close

26 Jun 2019

✓ Done

Allotment

01 Jul 2019

✓ Done

Refunds

02 Jul 2019

✓ Done

Demat Credit

03 Jul 2019

✓ Done

Listing Day

04 Jul 2019

✓ Done

₹973.00

INR · BSE

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Issue ₹973.00 Live Price

About IndiaMART InterMESH Ltd.

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, and4. Access to RFQs or buy leadsIn addition, the company also generates revenue by advertising, sale of RFQ credits and payment facilitation service.Key Strength of India Mart1. 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 Risks1. 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 strengths1. Strong network2. A large number of listing of product and service3. Diverse industry categories4. PAN India presence5. Subscription packages and subscription-free services6. A cost-effective platform7. Robust mobile platform

IndiaMART InterMESH Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹3,177.6

31-Mar-17

₹4,105.1

31-Mar-18

₹5,074.2

31-Mar-19

Profit After Tax (PAT)

₹643.5

31-Mar-17

₹547.6

31-Mar-18

₹200.4

31-Mar-19

Particulars	31-Mar-19	31-Mar-18	31-Mar-17
Revenue from Operations	5074.17	4105.08	3177.63
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	200.44	547.59	643.46
Net Worth	N/A	N/A	N/A
Total Assets	8207.55	5427.13	2209.06
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered48,87,862 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding2,87,74,820 shares

Post-Issue Promoter Holding2,87,74,820 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

indiamart.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Edelweiss Financial Services Ltd.

ICICI Securities Ltd.

Jefferies India Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much IndiaMART InterMESH Ltd. IPO subscribed? ▲

IndiaMART InterMESH Ltd. IPO is subscribed 1.00 times by Jun 26, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is IndiaMART InterMESH Ltd. IPO retail subscription status? ▼

The IndiaMART InterMESH Ltd. IPO retail category is subscribed 1.00 times as of 26 Jun 2019. The retail portion is oversubscribed.

How to subscribe IndiaMART InterMESH Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Jun 2019 and closes 26 Jun 2019. Min investment: ₹14,595 (1 lot = 15 shares). UPI mandate: 2019-06-26.

How many times IndiaMART InterMESH Ltd. IPO subscribed? ▼

The IndiaMART InterMESH Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check IndiaMART InterMESH Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Jul 2019. Refunds: on 02 Jul 2019.

When IndiaMART InterMESH Ltd. IPO will be listed? ▼

The IndiaMART InterMESH Ltd. IPO listing date is 04 Jul 2019, Thursday. Listed on: NSE & BSE. Issue price: ₹973. Estimated listing: ₹973. GMP: NIL.

When IndiaMART InterMESH Ltd. IPO close? ▼

The IndiaMART InterMESH Ltd. IPO closes on 26 Jun 2019, Wednesday. UPI mandate: 2019-06-26. Allotment: 01 Jul 2019. Listing: 04 Jul 2019.

Quick Actions

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Live Price LIVE

Last Price₹973.00

Change—

Issue Price₹973.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹973

Face Value₹10

Lot Size15 Sh

Min. Amount₹14,595

GMPNIL

Est. Listing₹973

Subscribed1.00x

Open Date24 Jun 2019

Close Date26 Jun 2019

Allotment01 Jul 2019

Listing Date04 Jul 2019

ExchangeNSE & BSE

UPI Deadline2019-06-26