Latest news with #IndiamartIntermeshLtd
Mint
01-07-2025
- Business
- Mint
Crizac IPO opens tomorrow: GMP, issue details, 10 key things to know
Crizac IPO opens for subscription on tomorrow (Wednesday, July 2).Crizac is an educational platform focused on business-to-business services, targeting agents and international higher education institutions, and it provides global student recruitment services for universities and colleges in the UK, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ). In the financial year 2025, Crizac recorded a revenue of ₹ 849.49 crore, an increase from ₹ 634.87 crore in the previous year. The net profit rose to ₹ 152.93 crore, compared to ₹ 118.90 crore the year before. The company's publicly listed counterparts are Indiamart Intermesh Ltd (with a P/E ratio of 27.18) and IDP Education Ltd (with a P/E ratio of 7.86). Crizac IPO date: The IPO opens for subscription on Wednesday, July 2, and closes on Friday, July 4. Crizac IPO price band: The issue's price band has been fixed in the range of ₹ 233 to ₹ 245 per equity share of face value of ₹ 2. Crizac IPO lot size: The issue's lot size is 61 equity shares and in multiples of 61 equity shares thereafter. Anchor investors: The allocation to anchor investors for Crizac IPO is scheduled to take place today (Tuesday, July 1). Crizac IPO details: The IPO features a full offer for sale (OFS) totaling ₹ 860 crore from existing promoters and stakeholders. In this, Pinky Agarwal and Manish Agarwal are set to divest shares worth ₹ 723 crore and ₹ 137 crore, respectively. Crizac IPO objective: The company will not receive any proceeds of the Offer for Sale by the selling shareholders. Crizac IPO listing date and allotment details: The basis for the allotment of shares for the Crizac IPO is expected to be finalised on Monday, July 7. On Tuesday, July 8, the company will begin processing refunds, and shares will be credited to the demat accounts of allottees on the same day after the refunds. The Crizac share price is anticipated to be listed on the BSE and NSE on Wednesday, July 9. Crizac IPO reservation: Crizac IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. Lead Manager and Registrar of Crizac IPO: Equirus Capital Private Limited serves as the book-running lead manager for the Crizac IPO, whereas MUFG Intime India Private Limited (Link Intime) acts as the registrar for this issue. Crizac IPO GMP today: Crizac IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 245 with no premium or discount in the grey market according to 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
25-06-2025
- Business
- Business Standard
Volumes soar at Indiamart Intermesh Ltd counter
Indiamart Intermesh Ltd recorded volume of 41834 shares by 10:46 IST on BSE, a 8.48 times surge over two-week average daily volume of 4931 shares Kirloskar Brothers Ltd, Star Health & Allied Insurance Company Ltd, Network 18 Media & Investments Ltd, Kalpataru Projects International Ltd are among the other stocks to see a surge in volumes on BSE today, 25 June 2025. Indiamart Intermesh Ltd recorded volume of 41834 shares by 10:46 IST on BSE, a 8.48 times surge over two-week average daily volume of 4931 shares. The stock gained 5.37% to Rs.2,628.10. Volumes stood at 2484 shares in the last session. Kirloskar Brothers Ltd saw volume of 45756 shares by 10:46 IST on BSE, a 6.37 fold spurt over two-week average daily volume of 7180 shares. The stock increased 8.44% to Rs.2,013.40. Volumes stood at 13584 shares in the last session. Star Health & Allied Insurance Company Ltd recorded volume of 1.22 lakh shares by 10:46 IST on BSE, a 5.15 times surge over two-week average daily volume of 23690 shares. The stock gained 2.44% to Rs.438.50. Volumes stood at 25439 shares in the last session. Network 18 Media & Investments Ltd saw volume of 11.71 lakh shares by 10:46 IST on BSE, a 4.2 fold spurt over two-week average daily volume of 2.79 lakh shares. The stock increased 10.69% to Rs.59.46. Volumes stood at 1.52 lakh shares in the last session. Kalpataru Projects International Ltd witnessed volume of 35853 shares by 10:46 IST on BSE, a 3.8 times surge over two-week average daily volume of 9445 shares. The stock increased 2.74% to Rs.1,213.05. Volumes stood at 6095 shares in the last session.
Fashion Network
30-04-2025
- Business
- Fashion Network
Indiamart's Q4 net profit jumps 81 percent to Rs 181 crore
Online business-to-business (B2B) marketplace Indiamart Intermesh Ltd reported an 81 percent rise in net profit to Rs 181 crore ($21.3 million), as against Rs 97 crore in the year-ago quarter. The company's revenue for the quarter rose by 13 percent to Rs 355 crore, as against Rs 315 crore in the corresponding quarter of the previous fiscal year. For the full financial year, the company's revenue from operations stood at Rs 1,388 crore while its net profit for the year for Rs 551 crore. Commenting on the results, Dinesh Agarwal, CEO of Indiamart in a statement said, 'We are happy to close the financial year with continued growth in customers, revenue and cash flows while maintaining healthy margins in the business. We remain committed to delivering a high-quality and trusted user experience on our platform.' 'Backed by a robust business model and a clear strategic vision, we are well positioned to capitalize on the rapid pace of digital adoption across the business landscape. With consistent profitability and strong cash flows, we are continually strengthening our value proposition for stakeholders while driving sustainable long-term growth,' he added.
