Issue Price
₹973
Per Share
GMP
NIL
Grey Market
Est. Listing
₹973
Expected Price
Min. Application
₹29,190
2 lots × 15 shares
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. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 4,887,862 | 100.00% | ₹475.59 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 15 | ₹14,595 |
| Retail (Max) | 13 | 195 | ₹189,735 |
| sNII (Min) | 14 | 210 | ₹204,330 |
| bNII (Min) | 69 | 1,035 | ₹1,007,055 |
| 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 |
| Total Borrowings | N/A | N/A | N/A |