IndiaMART InterMESH Limited

INDIAMART

INE933S01016

Internet Services

Delayed NSE India S.E. Other stock markets 02:10:23 2024-04-23 am EDT			5-day change	1st Jan Change
2,620 ^INR	+0.68%		+1.71%	-3.74%

Apr. 08	Indiamart Intermesh's CFO Redesignated as Chief Strategy Officer	MT
Apr. 05	IndiaMART InterMESH Limited Announces Chief Financial Officer Changes	CI

Mynd Solutions Pvt. Ltd. announced that it has received INR 380 million in funding from Beenext Pte. Ltd., IndiaMART InterMESH Limited, SIDBI Venture Capital Limited, Mayfield Fund, LLC, Amazon India Ltd.

November 14, 2022

Mynd Solutions Pvt. Ltd. announced that it raised INR 380,000,000 in a round of funding on November 15, 2022. The transaction included participation from IndiaMART InterMESH Limited and venture capital fundBeenext Pte.

Ltd. for an additional 3.4 per cent and 1.99 per cent equity stake respectively. The transaction included participation from India Opportunity Fund, a fund managed by SIDBI Venture Capital Limited, Mayfield Fund, LLC, Amazon India Ltd.

Latest news about IndiaMART InterMESH Limited

Indiamart Intermesh's CFO Redesignated as Chief Strategy Officer	Apr. 07	MT
IndiaMART InterMESH Limited Announces Chief Financial Officer Changes	Apr. 05	CI
IndiaMART InterMESH Limited Approves Executive Changes	Apr. 05	CI
Instant Procurement Services Private Limited announced that it has received INR 249.939491 million in funding from Sixth Sense Ventures Advisors LLP, IndiaMART InterMESH Limited, The Fundamentum Partnership, Edelweiss Multi Strategy Funds Management Pvt. Ltd., Paramark Ventures	Mar. 20	CI
Nomura Upgrades IndiaMART to Neutral From Reduce, Adjusts Price Target to INR2,530 From INR2,250	Jan. 19	MT
IndiaMART InterMESH's Consolidated Profit Slides in Fiscal Q3	Jan. 18	MT
Transcript : IndiaMART InterMESH Limited, Q3 2024 Earnings Call, Jan 18, 2024	Jan. 18
IndiaMART InterMESH Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 18	CI
IndiaMART is working with Novo Nordisk to halt illegal Wegovy sales -source	Dec. 17	RE
IndiaMART to Invest INR80 Million More in Mobisy Technologies	Dec. 06	MT
Nomura Adjusts IndiaMART's Price Target to INR2,250 From INR2,310, Keeps at Reduce	23-10-30	MT
Transcript : IndiaMART InterMESH Limited, Q2 2024 Earnings Call, Oct 27, 2023	23-10-27
IndiaMART InterMESH Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-27	CI
Legistify Services Private Limited announced that it has received INR 332 million in funding from IndiaMART InterMESH Limited, Cathexis Capital LLC, Titan Capital, ENRISSION Inc., GSF India, Justin Hamilton Ltd	23-09-24	CI
Tranche Update on IndiaMART InterMESH Limited's Equity Buyback Plan announced on July 20, 2023.	23-09-15	CI
IndiaMART InterMESH Limited's Equity Buyback announced on July 20, 2023, has closed with 1,250,000 shares, representing 2.05% for INR 5,000 million.	23-09-05	CI
Nomura Adjusts IndiaMART's Price Target to INR2,310 From INR2,050, Keeps at Reduce	23-07-24	MT
Transcript : IndiaMART InterMESH Limited, Q1 2024 Earnings Call, Jul 21, 2023	23-07-21
IndiaMART InterMESH's Consolidated Net Profit Jumps in Fiscal Q1	23-07-21	MT
IndiaMART Gets Board Nod for Up to INR5 Billion Share Buyback	23-07-20	MT
IndiaMART InterMESH Limited announces an Equity Buyback for 1,250,000 shares, representing 2.04% for INR 5,000 million.	23-07-20	CI
IndiaMART InterMESH Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-07-20	CI
IndiaMART InterMESH Limited authorizes a Buyback Plan.	23-07-19	CI
IndiaMART InterMESH Board to Consider Shares Buyback	23-07-17	MT
IndiaMART InterMESH Limited's Board intends to launch an Equity Buyback on July 20, 2023.	23-07-17	CI

Chart IndiaMART InterMESH Limited

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Company Profile

IndiaMART InterMESH Limited is an India-based online business-to-business (B2B) marketplace, which connects buyers with suppliers. The channel is focused on providing a platform for small and medium enterprises (SMEs), large enterprises, as well as individuals. The Company operates through two segments: Web and related Services and Accounting Software Services. Web and related services segment provide business-to-business e-marketplace services, which acts as an interactive hub for domestic and international buyers and suppliers. The Accounting software services segment provides the business of development, system analysis, designing and marketing of integrated business accounting software to help and manage businesses with increased efficiency. The Company's solutions include IM Leader, IM Star, TrustSEAL, Maximiser, IndiaMART Paid Service (MDC), IndiaMART Verified Exporter, enterprise solutions and advertising solutions.

Sector

Internet Services

Calendar

2024-04-24 - Q4 2024 Earnings Release (Projected)

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Ratings for IndiaMART InterMESH Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2,602 INR

Average target price

2,955 INR

Spread / Average Target

+13.56%

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Quarterly earnings - Rate of surprise

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Sector E-commerce & Auction Services

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E-commerce & Auction Services

IndiaMART InterMESH Limited

Equities

INDIAMART

INE933S01016

Internet Services

Mynd Solutions Pvt. Ltd. announced that it has received INR 380 million in funding from Beenext Pte. Ltd., IndiaMART InterMESH Limited, SIDBI Venture Capital Limited, Mayfield Fund, LLC, Amazon India Ltd.

EPS Revisions