IndiaMART Buyback 2022 – Record Date, Price & Ratio

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IndiaMART buyback 2022 is to open on June 02, 2022. IndiaMART buyback record date is May 11, 2022. The investor should buy the IndiaMART shares before the record date to get eligibility for the buyback. Check out IndiaMART Share Buyback 2022 details below:

IndiaMART

    IndiaMART Buyback 2022 Dates

     Buyback Meeting Date:
     28 April 2022
     Buyback Announcement Date: 28 April 2022
     Buyback Record Date: 11 May 2022
     Buyback Open Date: 02 June 2022
     Buyback Close Date:
     15 June 2022
     Finalization of Buyback Acceptance:
     

    IndiaMART Buyback 2022 Offer Details

    IndiaMART buyback of 160,000 equity shares at a price of ₹6,250 per equity share. The buyback offers not to exceed ₹100 crores of the total buyback offer size.
     Offer Amount: ₹100 Crores
     Number of Shares:
     160,000 Equity Shares
     Face Value:
     ₹10 per equity share
     Buyback Price: ₹6,250 per equity share
     Listing: BSE & NSE
     Buyback Type: Tender Offer

    About Company – IndiaMART

    IndiaMART InterMESH Ltd is one of the well-known and largest online B2B marketplaces. It has around 60% of the market share in the B2B online classified space. The company provides an online platform to small, medium, and large enterprises as well as individuals to list their business and gain business via leads. The company was founded in 1996. IndiaMART’s Enterprise Solutions initiative was launched in 2015. Through this initiative, they are helping more than 500 large corporates and big businesses to promote their business online. They have been instrumental in not only opening a new channel for business promotions but also in hand-holding them to smoothen the transition from offline to online medium.

    IndiaMART Buyback 2022 Acceptance Ratio

    The investor should buy around 32 shares at a current market price of ₹4,900 (as of 28 April 2022). The calculation will be Rs.2,00,000 / 6250 buyback price = 32 shares.
    Acceptance RatioInvestmentShares BuybackProfit
    33%₹156,8001013,500
    50%₹156,8001621,600
    75%₹156,80024₹32,400
    100%₹156,8003243,200

    IndiaMART Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2019₹-₹-
    2020₹691₹461146
    2021₹750₹338287

    IndiaMART Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have IndiaMART shares in their Demat account as the record date is May 11, 2022. Investors can participate in the IndiaMART Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the IndiaMART buyback scheme.
     

    IndiaMART Buyback 2022 Registrar

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg,
    Vikhroli (West), Mumbai 400 083,
    Maharashtra, India
    Tel No.: 011-49411000
    Fax No.: 011-41410591
    Contact Person: Sumeet Deshpande
    Investor Grievance Id: [email protected]
    Website: www.linkintime.co.in

     

    IndiaMART Buyback 2022 Lead Managers

    • AMBIT PRIVATE LIMITED

    IndiaMART Company Address

    IndiaMART IndiaMesh Limited
    6th Floor, Tower 2, Assotech Business Cresterra,
    Plot No.22, Sec 135, Noida-201305,
    Uttar Pradesh, India.
    Phone: 969696969696
    Website : www.indiamart.com

    IndiaMART Buyback 2022 FAQs

    When is IndiaMART Buyback 2022 Record Date?

    IndiaMART buyback 2022 record date is May 11, 2022.

    When is IndiaMART Buyback 2022 Open Date?

    IndiaMART buyback 2022 open date is June 02, 2022.

    What is IndiaMART Buyback 2022 Price?

    The company has fixed the price at ₹6,250 per share.

    How to apply for IndiaMART Buyback 2022?

    As per the record date you need to have IndiaMART shares in your Demat account. You can participate in buyback after having the stock in your account.

    Note: If anything you want to know about the buyback offer you can refer to the IndiaMART buyback offer documents.

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