 "IndiaMART")
IndiaMART InterMESH ended its debut session on Thursday at Rs 1,301, a 34 per cent gain over its issue price. The stock hit a high of Rs 1,388 and a low of Rs 1,180 during Thursday’s trade. After listing, the company has a market capitalisation of Rs 3,748 crore.
The Rs 475-crore initial public offering (IPO) of IndiaMART InterMESH was subscribed 36 times last week. The issue has garnered bids for 96.92 million shares, against 2.7 million on offer.
The retail investor portion of the issue was subscribed 13 times, the institutional investor portion 31 times, and the wealthy investor
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