IndiaMART Buyback of ₹500 crores licensed by way of the board of administrators on the assembly used to be hung on July 20, 2023. IndiaMART Buyback can be executed by means of the Tender Offer course in the course of the inventory change mechanism. The board of administrators of the corporate licensed the buyback by way of the Company of its absolutely paid-up fairness stocks having a face worth of ₹10 each and every fairness percentage at a worth of ₹4000 in keeping with Equity Share and for an mixture quantity now not exceeding ₹500 crores from the shareholders. Check out IndiaMART Buyback 2023 main points beneath:
IndiaMART InterMESH Ltd is without doubt one of the widely known and biggest on-line B2B market. It has round 60% of marketplace percentage in B2B on-line labeled house. It is an e-Commerce company and so they be expecting to care for 29% CAGR for subsequent two years. The corporate supplies on-line platform to small, medium and big undertaking in addition to folks to record their industry and achieve industry by means of leads. The corporate used to be based in 1996. Check out IndiaMART’s buyback main points right here.
| Buyback Meeting Date: | July 20, 2023 |
| Buyback Announcement Date: | July 20 2023 |
| Buyback Record Date: | TBA |
| Last Date to Buy Shares: | TBA |
| Buyback Open Date: | TBA |
| Buyback Close Date: | TBA |
| Finalization of Buyback Acceptance: | TBA |
IndiaMART Buyback 2023 Offer Details
IndiaMART buyback of 1,250,000 fairness stocks at a value of ₹4,000 in keeping with fairness percentage. The buyback gives to not exceed ₹500 crores of the overall buyback be offering dimension.
| Offer Amount: | ₹500 Crores |
| Number of Shares: | 1,250,000 Equity Shares |
| Face Value: | ₹10 in keeping with fairness percentage |
| Buyback Price: | ₹4,000 in keeping with fairness percentage |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
IndiaMART Buyback 2023 Acceptance Ratio
The investor will have to purchase round [.] stocks at a present marketplace worth of ₹[.] (as of date). The calculation can be ₹2,00,000 / ₹[.] buyback worth = [.] stocks.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹[.] | [.] | ₹[.] |
| 50% | ₹[.] | [.] | ₹[.] |
| 75% | ₹[.] | [.] | ₹[.] |
| 100% | ₹[.] | [.] | ₹[.] |
IndiaMART Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹624 | ₹451 | ₹146 |
| 2021 | ₹665 | ₹332 | ₹287 |
| 2022 | ₹751 | ₹439 | ₹310 |
How to Participate in IndiaMART Buyback 2023
The buyers are eligible for the buyback scheme who’ve IndiaMART stocks of their Demat Account because the Record Date. Eligible Share Holders can take part within the IndiaMART Buyback 2023 scheme as in keeping with the outlet shape by way of promoting their stocks. The cost can be given as in keeping with the IndiaMARTepted stocks by way of the corporate below the IndiaMART buyback scheme.
IndiaMART Buyback 2023 Registrar
To be up to date quickly
IndiaMART Buyback 2023 Lead Managers
IndiaMART Company Address
Indiamart Intermesh Limited
1st Floor, 29 Daryaganj,
Netaji Subhash Marg,
New Delhi 110 002, India
Phone: +91 – 120 – 6777
Email: [email protected]
Website: https://www.indiamart.com/
How to Apply the IndiaMART Buyback via Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “IndiaMART”. Click on Place Order. Enter your Quantity and put up IndiaMART Buyback Application Form.
How to Apply the IndiaMART Buyback via Upstox?
Log in to Upstox Application together with your credentials. Select the IndiaMARTount Section. You will see the Company Name “IndiaMART”. Click on IndiaMART Stock for Buyback. Enter your Quantity and put up IndiaMART Buyback Application Form.
How to Apply the IndiaMART Buyback via IndiaMART Money?
Log in to IndiaMART Money Application together with your credentials. Select the IndiaMART. Enter your Quantity and put up IndiaMART Buyback Application Form.
IndiaMART Buyback 2023 FAQs
When is IndiaMART Buyback 2023 Record Date?
IndiaMART buyback 2023 report date is TBA.
When is IndiaMART Buyback 2023 Open Date?
What is IndiaMART Buyback 2023 Price?
How to use for IndiaMART Buyback 2023?
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– Source : IPOWATCH