Indiamart Intermesh has debuted at Rs 1180.00 on the BSE, up by 207 points or 21.27% from its issue price of Rs 973.
The scrip is currently trading at Rs 1274.55, up by 301.55 points or 30.99% from its issue price. It has touched a high and low of Rs 1339.00 and Rs 1180.00 respectively. So far 4,36,000 shares were traded on the counter.
The offering, which was open for subscription between June 24, 2019 and June 26, 2019, was subscribed 36.16 times. The issue price was fixed at Rs 973 per share i.e. at upper end of price band of Rs 970-973 apiece.
Indiamart Intermesh is India’s largest online B2B marketplace for business products and services with approximately 60% market share of the online B2B classifieds space in India in fiscal 2017.
Company Name | CMP |
---|---|
Zomato | 183.45 |
FSN E-Commerce | 161.55 |
Indiamart Intermesh | 2508.80 |
Fone4 Commu. India | 5.10 |
Pace E-Comm Vent. | 27.80 |
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