Buy IndiaMart InterMesh; target of Rs 5500: Anand Rathi
Anand Rathi is bullish on IndiaMart InterMesh has recommended buy rating on the stock with a target price of Rs 5500 in its research report dated May 23, 2022.24-05-2022
24-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
This is in continuation to our earlier intimation dated March 25, 2022 regarding disclosure in terms of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding proposed acquisition of 51.09% (on fully diluted basis) of share capital of Finlite Technologies Private Limited (hereinafter referred as 'Finlite'). We wish to inform you that the aforesaid acquisition has been completed on Monday, May 23, 2022, consequent to the approval of transfer and allotment of shares leading to Finlite becoming a Subsidiary of the Company. As a consequence, Livekeeping Private Limited, a wholly owned subsidiary of Finlite, has become a step down Subsidiary of the Company.23-05-2022
IndiaMART InterMESH Ltd - 542726 - Submission Of Letter Of Offer For The Buyback Of Equity Shares Of The Face Value Of ? 10/- Each ('Equity Shares') For A Maximum Amount Of ? 100 Crores (Indian Rupees One Hundred Crores Only) By The Way Of Tender Offer From Existing Securities Holders Pursuant To The Provisions Of The SEBI (Buy-Back Of Securities) Regulations, 2018, As Amended ('Buyback Regulations') And The Companies Act, 2013, As Amended ('Buyback').
With reference to the captioned Buyback and in furtherance of our earlier intimations regarding submission of Public Announcement dated April 29, 2022 and the corrigendum to the Public Announcement dated May 2, 2022, please find enclosed the Letter of Offer dated May 20, 2022 along with the Tender Forms for demat and physical shareholders, which is being dispatched by the Company to the Eligible Shareholders as on the Record Date being May 11, 2022. The Letter of Offer along with the Tender Forms for demat and physical shareholders is available on the website of the Company (i.e., https://investor.indiamart.com/index.htm). This is for your information and records.21-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
ln accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the schedule of analyst/ institutional investor meet/call(s) held on May 19, 2022. During the said meet/call(s), no unpublished price sensitive information was shared. The latest Investor Presentation is available on the website of the Company, i.e., https://investor.indiamart.com. Please take the above information on record.20-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
ln accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the schedule of analyst/ institutional investor meet/call(s) held on May 16, 2022 and May 17, 2022 respectively. During the said meet/call(s), no unpublished price sensitive information was shared. The latest Investor Presentation is available on the website of the Company, i.e., https://investor.indiamart.com Please take the above information on record.17-05-2022
IndiaMART InterMESH Ltd - 542726 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to the Regulation 24A of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019, please find enclosed herewith Annual Secretarial Compliance Report issued by M/s. Sanjay Grover & Associates, Company Secretaries, for the financial year ended March 31, 2022. Please take the same on records.13-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
ln accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the schedule of analyst/ institutional investor meet/call held on May 12, 2022 with Coronation Fund Managers at Noida. During the said meet/call, no unpublished price sensitive information was shared. The latest Investor Presentation is available on the website of the Company, i.e., https://investor.indiamart.com Please take the above information on record.13-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
ln accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the schedule of analyst/ institutional investor meet/call(s) held on May 10, 2022. During the said meet/call(s), no unpublished price sensitive information was shared. The latest Investor Presentation is available on the website of the Company, i.e., https://investor.indiamart.com Please take the above information on record.11-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
ln accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the schedule of analyst/ institutional investor meet/call held on May 06, 2022 with Laburnum Capital Advisors Private Limited through Call/Video Conference. During the said meet/call, no unpublished price sensitive information was shared. The latest Investor Presentation is available on the website of the Company, i.e., https://investor.indiamart.com Please take the above information on record.07-05-2022
IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
In furtherance to our letter dated April 26, 2022, please find enclosed the Transcript of Earnings Conference Call held on Friday, April 29, 2022 at 16:00 hours IST to discuss results and developments for the quarter and year ended March 31, 2022. The said transcript along with audio/video recordings are also available on the Company''s website at https://investor.indiamart.com. Kindly take note of the same.06-05-2022