COMPANY INTELLIGENCE PROFILE
INDIAMART INTERMESH LIMITED
India's largest online B2B marketplace (NSE/BSE listed), connecting MSME buyers and suppliers; ~60% market share, net-cash and debt-free, FY25 consolidated revenue ~Rs 1,388 Cr and PAT ~Rs 551 Cr.
IndiaMart is India's largest online B2B marketplace, listed on NSE and BSE, with a market share of approximately 60%. Incorporated on September 13, 1999, it connects MSME buyers and suppliers. For FY25, IndiaMart reported consolidated revenue of approximately Rs 1,388 crore and net profit of Rs 551 crore. The company is essentially debt-free, with significant cash and investments of Rs 2,885 crore.
AI-generated, may contain errors.
Business Overview
- IndiaMart operates India's largest online B2B marketplace connecting buyers with suppliers, MSMEs, large enterprises and individuals, across product/service categories via classified listings and lead generation.
- Reported ~60% share of the online B2B classifieds market, IPO prospectus/filings.
- Monetises via paid supplier subscriptions
- Also owns accounting-software subsidiary Busy Infotech. Sources: Tofler, TheCompanyCheck, WebSearch, HDFC Securities coverage, company filings.
Sector & Classification
Online B2B marketplace / internet-based business services. NIC/industry class 74899 (Business Services) per CIN and Tofler classification. Source: CIN structure + Tofler.
Directors & Key Management
Directors — source notes
Board (names + DINs), source TheCompanyCheck (DINs) corroborated by Tofler for key figures: Dinesh Chandra Agarwal — Managing Director, DIN 00191800; Brijesh Kumar Agrawal — Whole-Time Director, DIN 00191760; Manoj Bhargava — Whole-Time Director, DIN 08267536; Pallavi Dinodia Gupta — Director, DIN 06566637; Vivek Narayan Gour — Director, DIN 00254383; Vasuta Agarwal — Director, DIN 07480674; Sandeep Kumar Barasia — Director, DIN 01432123; Manish Vij — Director/Chairperson, DIN 00505422. (Single-source DINs from TheCompanyCheck; Falconebiz — the noted best-DIN source — could not be fetched, so treat as partial pending a second registry confirmation.)
GST Registrations
Primary GSTIN: 07AAACI5853L1ZA (Delhi) — Regular taxpayer, Public Limited Company, registered 01/07/2017, status active/regular. PAN: AAACI5853L. Home state: Delhi. Number of registrations: reported as 22 (TheCompanyCheck/Falconebiz) vs 18 (knowyourgst) — CONFLICT, treat count as ~18-22 across states. Other confirmed state GSTINs: 08AAACI5853L2Z7 (Rajasthan), 32AAACI5853L1ZH (Kerala). Sources: knowyourgst (primary GSTIN page), gstzen, WebSearch.
Financials
INDIAMART INTERMESH LIMITED reported FY2024-25 revenue from operations of approximately Rs 1,388 crore and a net profit of Rs 551 crore, reflecting a 58% year-on-year increase. The company is essentially debt-free, with cash and investments totaling Rs 2,885 crore and deferred revenue up 17% to Rs 1,678 crore.
AI-generated, may contain errors.
- Consolidated, FY2024-25, year ended 31 Mar 2025: Revenue from operations ~Rs 1,388 Cr
- Net profit (PAT) ~Rs 551 Cr, up ~58% YoY, aided by growth in paying suppliers/realisation
- Cash & investments Rs 2,885 Cr
- Deferred revenue Rs 1,678 Cr (+17% YoY)
- Q4FY25 collections Rs 541 Cr.
- Company is essentially debt-free, nil/negligible borrowings.
- Sources: company Q4FY25 press release, corporate.indiamart.com, WebSearch.
- CONFLICTS: Tofler shows FY24-25 total revenue in a Rs 1,500-1,750 Cr range and EBITDA up 53.78% — the higher figure likely includes ~Rs 250-350 Cr other income, interest on the large treasury, vs Rs 1,388 Cr revenue-from-operations.
- TheCompanyCheck lists FY2026 revenue Rs 1,569 Cr, EBITDA Rs 734.1 Cr, PAT Rs 474.7 Cr, a later/forward period, not FY25.
- Net worth: not obtained as an exact figure, Tofler cites +28.57% networth growth.
- EBITDA (FY25) exact standalone figure: not obtained.
Funding History
- Bootstrapped/VC-backed pre-IPO
- Historic investors included Intel Capital, Amadeus Capital and Accion (early rounds) — round-level detail not fully obtained here.
- Went public via IPO in July 2019.
- Now funded through public markets and internal accruals, large net cash of ~Rs 2,885 Cr.
- Detailed private-round names: not obtained, Tracxn not fetched.
- Source: WebSearch, TheCompanyCheck.
Loans & Charges
- No registered charges identified — company is effectively debt-free. Source: Tofler, "Registered Charges: None identified", TheCompanyCheck, no charges shown. Status: none found.
Credit Ratings
- None found.
- IndiaMart Intermesh is a net-cash, effectively debt-free company and no public CRISIL/ICRA/CARE instrument or bank-loan rating was located.
- NOTE, entity-confusion trap avoided: searches surfaced "Credit Rating Information Services of India" which is a third-party seller LISTED ON the indiamart.com marketplace, not a rating assigned to this issuer.
- Source: WebSearch, negative result.
Legal & Compliance
- Active litigant, primarily IP/intermediary-liability and consumer matters, Delhi HC and consumer fora.
- Notable cases, indiankanoon.org: Indiamart Intermesh Ltd vs Puma SE, 28 May 2024 / appeal 2 Jun 2025, — trademark/intermediary liability over drop-down brand suggestions
- Indiamart Intermesh Ltd vs Jindal Alfatech Realty (3 Jun 2022) — INDIAMART trademark infringement, settled
- Indiamart vs Ravi Rathod & Ors, 1 Feb 2022, incl Google LLC
- Indiamart vs Ankit & Ors (4 Oct 2024) — takedown directions
- India Mart Intermesh vs Dr Rajanala Nirmala (18 Aug 2023) — Consumer Protection Act revision. Source: WebSearch/Indian Kanoon listings.
Competitive Landscape
- Direct B2B-marketplace peers, per IPO prospectus and coverage: TradeIndia.com (mid-scale), ExportersIndia.com (mid-scale), Alibaba India (global scale).
- Indirect/adjacent: Justdial, listed, local search, mid-large scale, Udaan, large, VC-funded B2B commerce, Amazon Business / Flipkart Wholesale, large, part of global platforms.
- IndiaMart is the clear market leader, ~60% of online B2B classifieds.
- Source: WebSearch, Marketing91, HDFC Securities IC, company filings.
Frequently Asked Questions
What does IndiaMart do?
IndiaMart operates India's largest online B2B marketplace connecting buyers with suppliers across product and service categories. It monetizes through paid supplier subscriptions and owns an accounting-software subsidiary, Busy Infotech.
What is the Corporate Identification Number (CIN) of IndiaMart?
The CIN of IndiaMart is L74899DL1999PLC101534.
What is the Goods and Services Tax Identification Number (GSTIN) for IndiaMart?
The primary GSTIN for IndiaMart is 07AAACI5853L1ZA, registered in Delhi as a Regular taxpayer.
When was IndiaMart incorporated?
IndiaMart was incorporated on 13 September 1999.
What is the registered office address of IndiaMart?
The registered office of IndiaMart is located at 1st Floor, 29-Daryaganj, Netaji Subhash Marg, New Delhi, Delhi 110002.
Sources
TheCompanyCheck (company page, CIN L74899DL1999PLC101534); Tofler (company/financials page); knowyourgst (GSTIN 07AAACI5853L1ZA page); gstzen (PAN/GSTIN); corporate.indiamart.com (Q4FY25 results press release, 29 Apr 2025); indiankanoon.org (case listings); WebSearch aggregates (Choice, Trendlyne, Marketing91, HDFC Securities initiating coverage). Falconebiz homepage returned no record (not fetchable); MCA/Zauba/Cleartax not used per instructions.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.