Shares of IndiaMart InterMesh will be listed on the exchanges on Thursday after its successful IPO last week. The initial public offering of IndiaMart had received an overwhelming response from all investors with a subscription of 36.2 times. The public issue came out at a price band of ₹970-973 a share.
The total IPO size is of 48.88 lakh shares, including anchor portion of 21.95 lakh shares. Ahead of the IPO, IndiaMart allocated 21.95 lakh shares at ₹973 a share worth ₹213.57 crore to 15 anchor investors. Our Bureau