Indiamart Buyback 2022 Date, Record Date, Price & Acceptance Ratio

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Indiamart Buyback 2022 have to open June 02, 2022, Indiamart Buyback Record date May 11, 2022, To be eligible for the buyback, the investor must purchase the shares of IndiaMart before the record date. Check 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: 1 1 May 2022
Buyback Open Date: 02 June 2022
Buyback closing date:

15 June 2022

Finalizing Buyback Acceptance:

,

Indiamart Buyback 2022 Offer Details

Indiamart Buyback 160,000 Equity Shares At the expense of ₹6,250 per equity share, Buyback offer should not exceed ₹100 crore of the total buyback offer size.

Offer Amount: ₹100 crore
number of shares:

160,000 common share

Face value:

₹10 per equity share

Buyback Price: ₹6,250 per equity share
Listing: BSE and NSE
Buyback Type: tender offer

About Company – Indiamart

Indiamart Intermesh Limited is one of the renowned and largest online B2B marketplace. It has around 60% market share in the B2B online classifieds space. The company provides an online platform for small, medium and large enterprises as well as individuals to list their business and acquire business through leads. The company was established in 1996. IndiaMART’s Enterprise Solutions initiative was launched in 2015. Through this initiative, they are helping over 500 large corporates and large businesses to promote their business online. They play a vital role not only in opening a new channel for business promotion but also in hand-holding them to ease the transition from offline to online medium.

Indiamart Buyback 2022 Acceptance Ratio

The investor should buy approximately 32 shares at the current market price of ₹4,900 (as on 28 April 2022). The calculation would be Rs 2,00,000 / 6250 buyback value = 32 shares.

acceptance ratio Investment share buyback Benefit
33% ₹156,800 10 13,500
50% ₹156,800 16 21,600
75% ₹156,800 24 ₹32,400
100% ₹156,800 32 43,200

Indiamart Financial Report

₹ in crore
year revenue Expense to Pat
2019 ,
2020 ₹691 ₹461 146
2021 ₹750 ₹338 287

Indiamart Buyback 2022 Eligible Shareholders

Those investors who are eligible for the buyback scheme having shares of Indiamart in their demat account are: Record date May 11, 2022, Investors can participate in Indiamart Buyback 2022 scheme by selling their shares as per the opening form. The payment will be made as per the shares accepted 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 Number: 011-41410591

Contact Person: Sumeet Deshpande

Email: [email protected]

Investor Grievance ID: [email protected]

Website: www.linkintime.co.in

Indiamart Buyback 2022 Lead Managers

Indiamart company address

Indiamart Indiamesh Limited

6th Floor, Tower 2, Essotech Business Crestorra,

Plot No. 22, Sector 135, Noida-201305,

Uttar Pradesh, India.

Phone: 96969696969696

Email: [email protected]

Website: www.indiamart.com

Indiamart Buyback 2022 FAQs

When is Indiamart Buyback 2022 Record Date?

Indiamart buyback 2022 is record date 11 May 2022,

When is Indiamart Buyback 2022 open date?

indiamart buyback 2022 open date June 02, 2022,

What is Indiamart Buyback 2022 Price?

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

How to apply for Indiamart Buyback 2022?

You should have shares of Indiamart in your demat account as on the record date. You can participate in buybacks once you have stock in your account.

Comment: If you want to know anything about buyback offer then you can refer Indiamart buyback offer document.

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