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IndiaMart IPO opens at price range of Rs 970-Rs 973

IndiaMart IPO opens at price range of Rs 970-Rs 973

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  25 Jun 2019 11:17 AM GMT

New Delhi: Online business-to-business (B2B) marketplace IndiaMart on Monday launched its initial public offering (IPO) at a price band of Rs 970-Rs 973 per share. The IPO would close on June 26, IndiaMart said in a statement. “Initial Public Offering of up to 4,887,862 equity shares of face value of Rs 10 each of Indiamart Intermesh Limited through an offer for sale of (a) up to 2,590,000 equity shares by Intel Capital (Mauritius) Limited; up to 255,753 equity shares by Amadeus IV DPF Limited and up to 475,000 equity shares by Accion Frontier Inclusion Mauritius. (IANS)

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