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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-06-23||IndiaMART InterMESH ..||Rudra Shares and Stock Brokers Ltd||2367.75||2600.00||2367.75 (-7.54%)||18.76||Buy|
Rudra Shares and Stock Brokers Ltd
IndiaMart is the market leader in its segment, provides largest online B2B Marketplace. Though, FY19-20 was quite challenging for the company owing to weakness in the overall economy. In addition, major customers include SME customers which are presently undergoing financial stress. However, amongst all this it is sitting at positive cash flows with negative working capital cycle which provides strength. The Company generated consolidated Cash Flow from Operations of `...
|2019-07-04||IndiaMART InterMESH ..||Geojit BNP Paribas||Neutral|
Geojit BNP Paribas
platform on a daily basis. With increasing contribution in the number of ICICI Securities, Edelweiss Financial suppliers, the company expects its average revenue realization to grow Lead Manager Services Ltd, Jefferies India Pvt Ltd...
|2019-06-24||IndiaMART InterMESH ..||Way2Wealth||IPO Avoid|
IndiaMART (IML) is India's largest online B2B marketplace for business products and services with approximately 60% market share of the online B2B classifieds space in India. IML primarily operates in product and supplier discovery marketplace i.e. www.indiamart.com or IndiaMART. IML earns revenues from the sale of subscription packages, from the sale of request for quote or RFQ credits, advertising from IndiaMART desktop, mobile optimised platforms and revenue from payment facilitation services. As of March 31, 2018, IML had 59.81mn registered buyers, and 4.72mn supplier storefronts in India. These Indian supplier store fronts had listed 50.13mn products, of which 75% of goods comprised products and 25% were...
|2019-06-24||IndiaMART InterMESH ..||Ventura||Not Rated|
|2019-06-21||IndiaMART InterMESH ..||HDFC Securities||IPO Note|
IndiaMART InterMESH Limited IPO Note Issue Open: June 24 June 26, 2019, Price Band: Rs. 970 973 (discount of Rs.97 to eligible employees), Issue Size: 4,887,862 eq shares (Entirely Offer for sale) , Offer Size: Rs.474.41 crs 475.5 crs
|2019-06-21||IndiaMART InterMESH ..||BP Wealth||IPO Avoid|
Indiamart Intermesh Limited (IIL) incorporated in 1999 is India's largest online B2B marketplaces for business products and services with approximately 60% market share of the online B2B classifieds space in India. Company provides 82.70mn registered buyers with access to 5.55 million supplier storefronts in India, which list 60.73mn products and services across 54 industries. It provides a robust two way discovery marketplace connecting buyers and suppliers. Buyers locate suppliers on its marketplace, including both Indian small and medium enterprise or SMEs and large corporates,...