Business Standard

Indiamart Intermesh Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

475.59 cr

Price Range (₹)

973

Lot Size

15

Min Investment (₹)

14,595.00

Listing Exchange

MumbaiNSE

Open Date

24-Jun-2019

Close Date

26-Jun-2019

Listing Date

04-Jul-2019

Indiamart Intermesh Ltd News

    The Shares of Indiamart Intermesh Ltd have now been listed.

    Indiamart Intermesh Ltd IPO Details

    Initial Public offering of 4,887,862* equity shares of face value of Rs. 10 each (equity shares) of Indiamart Intermesh Limited (Indiamart orcompany or the issuer) for cash at a price of Rs. 973** per equity share (the offer price) aggregating to Rs. 475.59 Crores (the offer) through an offer for sale of (a) 2,590,000* equity shares by Intel Capital (Mauritius), Limited; 255,753* equity shares by Amadeus iv Dbf Limited and 475,000* equity shares by Accion Frontier inclusion Mauritius (together, the investor selling shareholders), (b) 852,453* equity shares by Dinesh Chandra Agarwal and 577,656* equity shares by Brijesh Kumar Agrawal (together, the promoter selling shareholders) and (c) an aggregate of 137,000* equity shares by the other selling shareholders (as defined hereinafter) collectively, the selling shareholders). The offer includes a reservation of 10,000 equity shares, for subscription by eligible employees (as defined hereinafter), (constituting 0.04% of the post-offer equity share capital of the company) (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer, aggregating 4,877,862 equity shares. The offer and the net offer constitute 16.99% and 16.95% of the post-offer paid up equity share capital of the company, respectively.** Subject to finalisation of Basis of Allotment** A discount of Rs. 97 per Equity Share has been offered to Eligible Employees Bidding in the Employee Reservation Portion.The face value of the equity share is Rs. 10 each and the offer price is 97.3 times the face value of the equity shares.

    Objective of issue

    Listing of Shares on the Stock Exchanges.

    Indiamart Intermesh Ltd Contact Details

    Indiamart Intermesh Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@indiamart.com

    Website - www.indiamart.com