IndiaMart InterMESH makes stock market debut, lists at 21% premium

IndiaMart InterMESH makes stock market debut, lists at 21% premium

Dinesh Agarwal, founder and CEO, Indiamart.com. Some of the investors of the company could sell part of their stakes.

Shares of IndiaMart InterMesh Ltd listed at a 21% premium on Thursday, against its issue price of ₹973, which was the upper end of the company’s public offer price band of ₹970-973 per share. The business-to business online platform’s Rs475 crore initial public offer (IPO) was subscribed 36.16 times last week.