Presenting

IndiaMart

IndiaMart is an online B2B marketplace for business products and services, connecting buyers with suppliers.

IndiaMart is an online B2B marketplace for business products and services, connecting buyers with suppliers. The company focuses on providing a platform to Small and Medium Enterprises (SMEs), large enterprises, as well as individuals. With 60% market share of the online B2B classified space in India, the channel focuses on providing a platform to Small and Medium Enterprises (SMEs), Large Enterprises as well as individuals. IndiaMart has 3,373 employees located across 77 offices in the country.

E-Commerce

Marketplace

WEBSITE

https://www.indiamart.com/

HEADQUARTERS

Noida, Uttar Pradesh, , India

COMPANY SIZE

1000+

FOUNDED

Apr 1996

Stories

Stories about IndiaMart

Awards

Awards and Recognitions

Top 50 Newsmakers of India - 2019

A YourStory list of startups that made the news this year for all the right reasons.

The 23-year-old company that was set up at the height of the dot com boom and went on to survive the bust, launched its Initial Public Offer (IPO) on June 24, 2019, with a price band of Rs 970-973 to raise over Rs 474 crore. The company offered 48,87,862 equity shares in the issue, which closed on June 26. The IPO was subscribed 51 percent on the first day of bidding, and 36.16 times on the final day. The Rs 475-crore IPO received bids for 9,73,85,775 shares against the total issue size of 26,92,824 shares, according to NSE data. The qualified institutional buyers' book was subscribed close to 30.83 times, non-institutional investors 62.12 times, and retail individual investors 13.37 times.