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Indiamart Intermesh shines as its arm agrees to acquire 26.01% stake in EasyEcom

22 Dec 2021 Evaluate

Indiamart Intermesh is currently trading at Rs. 6604.20, up by 95.65 points or 1.47% from its previous closing of Rs. 6508.55 on the BSE.

The scrip opened at Rs. 6570.00 and has touched a high and low of Rs. 6680.00 and Rs. 6541.25 respectively. So far 2874 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9951.95 on 05-Feb-2021 and a 52 week low of Rs. 5462.05 on 22-Dec-2020.

Last one week high and low of the scrip stood at Rs. 7201.15 and Rs. 6382.85 respectively. The current market cap of the company is Rs. 20148.17 crore.

The promoters holding in the company stood at 49.52%, while Institutions and Non-Institutions held 32.59% and 17.88% respectively.

Indiamart Intermesh has indirectly through its wholly owned subsidiary -- Tradezeal Online (TOPL) agreed to acquire 4,784 Compulsorily Convertible Series A Preference Shares and 100 Equity Shares aggregating to 26.01% of Edgewise Technologies (EasyEcom) on fully diluted basis.

This investment shall be in line with the company’s long term objective of offering various Software as a Service (SaaS) based solutions for businesses.

Indiamart Intermesh is India’s largest online B2B marketplace for business products and services.

Indiamart Intermesh Share Price

2053.30 -42.85 (-2.04%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Eternal 248.50
Meesho 204.20
Swiggy 273.80
FSN E-Commerce 269.90
Brainbees Solutions 233.80
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