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


IndiaMART buyback 2022 was announced on April 28, 2022. IndiaMART buyback record date is May 11, 2022. The investor should buy the IndiaMART shares on or before the record date to get eligibility for the buyback. Check out IndiaMART 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:  –
 Buyback Close Date:

 

 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 Ratio Investment Shares Buyback Profit
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 Crores
Year Revenue Expense PAT
2019 ₹- ₹-
2020 ₹691 ₹461 146
2021 ₹750 ₹338 287

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

 

IndiaMART Buyback 2022 Lead Managers

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

Email : cs@indiamart.com

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 (not fixed yet).

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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