IPO DETAILS : IndiaMART InterMESH Ltd.
The Offer Price will be determined by the Company in consultation with the BRLMs, on the basis of an assessment of market demand for the Equity Shares offered through the Book Building Process and on the basis of the qualitative and quantitative factors. The face value of the Equity Shares is Rs. 10 each and the Offer Price is [?] times the face value at the lower end of the Price Band and [?] times the face value at the higher end of the Price Band.
Qualitative Factors
Some of the qualitative factors and the strengths which form the basis for the Offer Price are:
- Strong network effects and brand recognition, driving leadership in the B2B marketplace in India,- Comprehensive, convenient and reliable platforms for buyers,- Efficient and effective marketing platform for suppliers,- Deep understanding of online trade and commerce in India that drives innovative solutions,- Robust mobile platform,- Experienced management team and large sales and service representatives team with proven track record of performance.
The Promoters of the Company are :
1. Mr. Dinesh Chandra Agarwal2. Mr. Brijesh Kumar Agrawal
1. Mr. Dinesh Chandra Agarwal : Dinesh Chandra Agarwal, aged 50 years, is the Managing Director of the Company. He holds a bachelor’s degree in technology (computer science and engineering) from Harcthet Butler Technological Institute, Kanpur University. He has experience in the field of internet, networking and systems development and consulting. He was previously the proprietor of InterMESH Systems, which was subsequently acquired by the Company, and has worked with Hindustan Management and Technical Services Private Limited, HCL America, Inc., HCL Limited, HCL Hewlett-Packard Limited, Centre for Development of Telematics (C-Dot) and CMC Limited. He is a charter member of The Indus Entrepreneurs (TiE), a global network of entrepreneurs and professionals. He is also a member of the governing council of the Indian and Mobile Association of India. He has been a Director on the Board since incorporation of the Company. He received the ‘Zee Business Dare to Dream Awards, 2018’ in the category of ‘inspirational leader’.
Driving License Number : DL-1320110092494Voter Identification Number : DCV0789594
2. Mr. Brijesh Kumar Agrawal : Brijesh Kumar Agrawal, aged 42 years, is a whole-time Director of the Company. He holds a master’s degree in management science from University of Lucknow and a post graduate diploma in business management from Northern Institute for Integrated Learning in Management, New Delhi. He has experience in the field of internet, business management and supply chain. Previously, he worked with H N Miebach Logistics India Private Limited. He is a charter member of The Indus Entrepreneurs (TiE), a global network of entrepreneurs and professionals.He has been a Director on the Board since incorporation of the Company.