Intel Capital-backed Indiamart set to launch IPO this month

Photo: Pixabay

IndiaMART InterMESH Ltd, which operates Indiamart.com, one of the largest online listing platforms for small and medium businesses in India, is set to become the first company to test the IPO market in Modi government’s second tenure.

The company is planning to launch its initial public offering on 24 June to raise around ₹600-650 crore, a person aware of the company’s plans said. Indiamart will announce the price range for the public offering tomorrow.

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