Chennai: IndiaMart InterMesh, an online marketplace for business products and services, said it has raised more than Rs 213 crore from 15 anchor investors by allotting 21,95,038 equity shares at a price of Rs 973, the upper band of its IPO that opens on 24 June.
ICICI Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, Birla Mutual Fund, Hornbill Capital Advisers LLP are among the 15 anchor investors. IndiaMart on Wednesday said it will launch its initial public offering from 24 June and has fixed a price band of Rs 970-973 per share.
The initial public offering (IPO) is of up to 48,87,862 equity shares, according to a statement by the company.
Promoters Dinesh Chandra Agarwal and Brijesh Kumar Agrawal will sell 14,30,109 shares through the issue, while investors Intel Capital (Mauritius), Amadeus IV DPF and Accion Frontier Inclusion Mauritius will offload 33,20,753 shares and 1,37,000 equity shares by other selling shareholders, it added.
