IPO

IndiaMART InterMESH Limited IPO

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Listed On: Jul 4, 2019 at ₹ 1180

₹ 14595 /15 Shares

24 Jun, 2019

Open Date

26 Jun, 2019

Close Date

02 Jul, 2019

Allotment Date

04 Jul, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 970/- to Rs 973/- per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Offer for Sale of 48,87,862 Equity Shares of Rs 10/- at a price of Rs 970/- to Rs 973/- per share aggregating to Rs 475.59 Cr
  • Listing at BSE, NSE
  • List Price 1180
  • Listing Date 2019-07-04
  • Lead Manager ICICI Securities Limited, Edelweiss Financial Services Limited, Jefferies India Private Limited
  • Registrar Link Intime India Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹970 - 973 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Jun 24, 2019 and ends on Jun 26, 2019. The allotment for IPO will be finalized on Jul 2, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 4, 2019. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are ICICI Securities Limited, Edelweiss Financial Services Limited, Jefferies India Private Limited.


The IPO sets its price band at 970 - 973 for each share. A single application for IndiaMART InterMESH Limited IPO must contain at least 15 shares.

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IPO Subscription Analysis And Details
As on QIB NII Retail Employee Total
Shares Offered / Reserved 14,63,359 7,31,679 4,87,786 10,000 26,92,824
Day 1 24-06-19
11,12,100 0.76 x 4245 0.01 2,38,740 0.49 x 5340 0.53 x 13,60,425 0.50 x
Day 2 25-06-19
15,31,380 1.05 x 30,375 0.04 12,08,340 2.48 x 24,345 2.43 x 27,94,440 1.04 x
Day 3 26-06-19
4,51,16,550 30.83 x 4,54,55,865 62.13 68,19,255 13.98 x 60,615 6.06 x 9,74,52,285 36.19 x
Day 4 21-03-18
N/A x N/A x N/A x
Valuations
Earnings Per Share (EPS) Rs 6.71 
P/E Ratio 145
RoNW 12.54%
Net Asset Value (NAV) - As on 31.03.19 Rs 55.92
IPO - Issue Objectives
1

To achieve the benefit of listing the equity shares on the Stock Exchanges and

2

For the sale of an aggregate of up to 4,288,801 equity shares by the selling shareholders.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
IndoStar Capital Finance Ltd 2.17 24.73 11.08% 719.92
L&T Finance Holdings Ltd 3.34 33.20 11.44% 314.89
Piramal Enterprises Ltd 3.01 35.90 8.41% 8737.40
Aditya Birla Capital Ltd 2.98 25.15 8.04% 5885.87
Capital First Ltd 2.72 25.12 10.37% 2800.86
Shriram Trasport Finance Co. Ltd 3.23 28.90 11.17% 10,904.47
Sundaram Finance Ltd 4.09 28.79 14.19% 5633.21
Cholamandalam Investment and Finance Company Ltd 6.28 37.77 16.63% 4696.85
Repco Home Finance Ltd 3.51 21.50 16.32% 1045.89