Indiamart InterMesh Ltd is India’s largest online B2B marketplace for business products and services with approximately 60% market share of the online B2B classifieds space in India in fiscal 2017, according to the KPMG Report.
Company primarily operates through its product and supplier discovery marketplace, www.indiamart.com or “IndiaMART”. Its online marketplace provides a platform for mostly business buyers, to discover products and services and contact the suppliers of such business products and services.
IndiaMART provides a robust two-way discovery marketplace connecting buyers and suppliers. Buyers locate suppliers on its marketplace, including both Indian small and medium enterprises, or “SMEs”, and large corporates, by viewing a webpage containing the supplier’s product and service listings, or a “supplier storefront”, or by posting requests for quotes called “RFQs” or “BuyLeads”. Its marketplace offerings from which buyers can search for and view product and service listings cover a widespread range of industries spread across India, rather than relying on a single target industry or type of geography.
IndiaMART InterMESH Limited IPO - Issue Details:
||IndiaMART InterMESH Limited (View Report)
||100% Book Built Issue IPO
||Issue Opens: Jun 24, 2019
| Issue Closes: Jun 26, 2019
||Rs.970* - Rs.973^ per Equity Share
||Rs.474.12* Crores – Rs.475.58^ Crores
||Rs.10 per Equity Share
||15 Equity Shares and in multiples thereof
|Maximum Bid amount for Retail
||Rs. 2 Lakhs
||75% of the issue size (Rs.354.86* - Rs.355.96^)
||15% of the issue size (Rs.70.97* - Rs.71.19^)
|Retail Individual Bidders
||10% of the issue size (Rs.47.32* - Rs.47.46^)
||NSE & BSE
||Link Intime India Pvt Ltd
|Book Running Lead Managers
||ICICI Securities, Edelweiss Financial Services & Jefferies India Pvt. Ltd
* Lower Price Band; ^ Upper Price Band