Indiamart Intermesh - Indian Alibaba?

Let me try: Only 34.29 lac shares were tendered in buyback out of 3 crore shares paid-up capital, so almost 90 % of the shares were not tendered at all. Of this, 31.78 lac shares were tendered under the non-retail category and out of this 136,000 were bought back, which is an acceptance ratio of about 4.2 %. Ten percent of 4.2 % is 0.42 % which matches with Dinesh Agarwal’s acceptance ratio of 0.47 % (40,188 shares out of 86,30,747 = 0.47 %), so it seems okay.

We can get the exact matching if we know how much was the issued capital under retail vs. non-retail category, but that is not publicly available information.

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