IndiaMART InterMESH Limited IPO
IndiaMART InterMESH Limited was a mainboard IPO in the Internet & Catalogue Retail sector, offered at ₹485–₹486.5 per share to raise ₹476 crore. The issue was subscribed 36.21× overall (QIBs 30.83×, NIIs 62.13×, retail 14.07×). It listed on 4 Jul 2019 at ₹590 and closed its first day at ₹651, a listing gain of +33.8% versus the ₹486.5 issue price. It now trades around ₹1,487 (+205.7% versus the issue price).
Frequently asked questions
- How many times was the IndiaMART InterMESH Limited IPO subscribed?
- The IndiaMART InterMESH Limited IPO was subscribed 36.21× overall — 30.83× in the QIB category, 62.13× among non-institutional investors, 14.07× in retail.
- What were the IndiaMART InterMESH Limited IPO listing gains?
- IndiaMART InterMESH Limited listed on 4 Jul 2019 at ₹590, closing its first day at ₹651 — a listing gain of +33.8% versus the ₹486.5 issue price.
- What were the retail allotment odds for the IndiaMART InterMESH Limited IPO?
- Retail was subscribed 14.07×, so a single-lot application had roughly a 7.1% chance of allotment (about 1 in 14), and allotment was finalised on 28 Jun 2019.
- What was the price band and lot size of the IndiaMART InterMESH Limited IPO?
- The price band was ₹485–₹486.5 per share, with a minimum lot of 15 shares (₹7,298 at the upper band).
- Who were the registrar and lead manager for the IndiaMART InterMESH Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.