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:
- Listing of the supplier storefronts on online marketplace based on priority,
- Access to lead management system,
- Integrated access to a 3rd party online payment gateway, and
- Access to RFQs or buy leads
In addition, the company also generates revenue by advertising, sale of RFQ credits and payment facilitation service.
Key Strength of India Mart
- One of the leading B2B e-Commerce Players in India.
- Expected growth in SME sector to significantly benefit IndiaMART.
- A robust two-way discovery marketplace connecting buyers and suppliers.
- Well-placed to cash in the opportunities in India’s wholesale market.
India Mart IPO – Key Risks
- General demand slowdown for the types of products and services listed by the suppliers on IndiaMART online marketplace.
- 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 strengths
- Strong network
- A large number of listing of product and service
- Diverse industry categories
- PAN India presence
- Subscription packages and subscription-free services
- A cost-effective platform
- Robust mobile platform
IndiaMart IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹970 to ₹973 per equity share |
| Market Lot | 15 Shares |
| Min Order Quantity | 15 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 542726 |
| NSE Symbol | INDIAMART |
| ISIN | INE933S01016 |
| Issue Size | Aggregating up to ₹475.59 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
IndiaMart IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 24-Jun-19 |
| IPO Close Date | 26-Jun-19 |
| Basis of Allotment Date | 1-Jul-19 |
| IPO Listing Date | 4-Jul-19 |
IndiaMart IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 15 | ₹14,595 |
| Maximum | 13 | 195 | ₹189,735 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For IndiaMART InterMESH Limited
Company Financials:
| PARTICULAR | 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 |
Company Promoters:
Brijesh Agrawal and Dinesh Chandra Agarwal are the promoters of the company.
Objects of the Issue:
The objects of the Offer are:
- To achieve the benefit of listing the equity shares on the Stock Exchanges and
- For the sale of an aggregate of up to 4,288,801 equity shares by the selling shareholders.
Registrar & Company Details
| Company Contact Information | IndiaMart IPO Registrar |
| IndiaMART InterMESH Limited 1st Floor, 29 Daryaganj, Netaji Subhash Marg, New Delhi 110 002, India Phone: (+91) (11) 3027 2100 Email: cs@indiamart.com Website: https://www.indiamart.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: indiamart.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
