Annual Report 2016

INDIAMART INTERMESH LIMITED
Standalone Financial Statements for period 01/04/2015 to 31/03/2016
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Corporate identity number U74899DL1999PLC101534
Permanent account number of entity AAACI5853L
Indiamart Intermesh
Limited , 1st Floor,
Address of registered office of company 29-Daryagang, Netaji
Subash Marg , New Delhi ,
DELHI , INDIA - 110002
Commercial and
Type of industry Industrial
Public Company
Category/sub-category of company
Whether company is listed company No

Date of board meeting when final accounts were approved 28/07/2016
Period covered by financial statements 12 MONTHS
Date of start of reporting period 01/04/2015 01/04/2014
Date of end of reporting period 31/03/2016 31/03/2015
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other
Yes
relevant books and papers in electronic form
7th & 8th Floor, Advant
Complete postal address of place of maintenance of computer
Navis Business Park, Plot
servers (storing accounting data) No.7, Sector-142, Noida
Name of city of place of maintenance of computer servers (storing
Noida
accounting data)
Name of state/ union territory of place of maintenance of
Uttar Pradesh
computer servers (storing accounting data)
Pin code of place of maintenance of computer servers (storing
201301
accounting data)
Name of district of place of maintenance of computer servers
Gautam Budh Nagar
(storing accounting data)
ISO country code of place of maintenance of computer servers
91
Name of country of place of maintenance of computer servers I N D I A
Phone (with STD/ ISD code) of place of maintenance of computer
0120-6777800
servers (storing accounting data)
INDIAMART INTERMESH LIMITED Standalone Financial Statements for period 01/04/2015 to 31/03/2016
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] 1
01/04/2015
to
31/03/2016
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 9983
OTHER
PROFESSIONAL,
Description of product or service category TECHNICAL AND
BUSINESS
SERVICES
Turnover of product or service category 246,24,52,255
Highest turnover contributing product or service (ITC 8 digit) code 99836110
Web Promotion and
Description of product or service Advertisement
Turnover of highest contributing product or service 246,24,52,255
[400400] Disclosures - Directors report
Details of shareholding pattern of top 10 shareholders [Table] ..(1)

Name of top 10 shareholder [Axis] Top 1 shareholder [Member]
Shareholding at beginning of year Cumulative shareholding during year
Change in shareholding [Axis]
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Total number of shares held at end of period [shares] 4,26,439 [shares] 4,26,439 [shares] 4,26,439 [shares] 4,26,439
Percentage of total shares held at end of period 4.65% 4.65% 4.65% 4.65%
Increase decrease in shareholding during year [shares] 0 [shares] 4,26,439
Percentage increase decrease in
0.00% 4.65%
shareholding during year
Percentage of total shares held at end of
4.65% 4.65% 4.65% 4.65%
period
Details of shareholding pattern of top 10
shareholders [Abstract]
shareholders [LineItems]
Bennett, Coleman & Co. Bennett, Coleman & Co.
Name of shareholder Ltd. Ltd.
Percentage increase decrease in shareholding
0.00% 4.65%
during year
Details of increase (decrease) in top 10
No Change
shareholders during year [TextBlock]
0.00% 4.65%
4.65% 4.65% 4.65% 4.65%
period
2

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.00% 2.33%
2.33% 2.33% 2.33% 2.33%
period
Name of shareholder Times Internet Ltd. Times Internet Ltd.
0.00% 2.33%
during year
No Change
0.00% 2.33%
2.33% 2.33% 2.33% 2.33%
period
3

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Total number of shares held at end of period [shares] 53,000 [shares] 3,000 [shares] 53,000 [shares] 3,000
Increase decrease in shareholding during year [shares] 50,000 [shares] 53,000
0.55% 0.58%
0.58% 0.03% 0.58% 0.03%
period
Name of shareholder Surat Singh Bhati Surat Singh Bhati
0.55% 0.58%
during year
0.55% 0.58%
0.58% 0.03% 0.58% 0.03%
period
4

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.55% 0.56%
0.56% 0.01% 0.56% 0.01%
period
Name of shareholder Sanjeev Kumar Sanjeev Kumar
0.55% 0.56%
during year
0.55% 0.56%
0.56% 0.01% 0.56% 0.01%
period
5

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Increase decrease in shareholding during year [shares] 0 [shares] 20,000
0.00% 0.22%
0.22% 0.22% 0.22% 0.22%
period
Name of shareholder Akshi Agarwal Akshi Agarwal
0.00% 0.22%
during year
No Change
0.00% 0.22%
0.22% 0.22% 0.22% 0.22%
period
6

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Total number of shares held at end of period [shares] 20,000 [shares] 0 [shares] 20,000 [shares] 0
0.22% 0.22%
0.22% 0.00% 0.22% 0.00%
period
Name of shareholder Neelima Gupta Neelima Gupta
0.22% 0.22%
during year
0.22% 0.22%
0.22% 0.00% 0.22% 0.00%
period
7

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.00% 0.19%
0.19% 0.19% 0.19% 0.19%
period
Name of shareholder Praveen Kumar Goel Praveen Kumar Goel
0.00% 0.19%
during year
No Change
0.00% 0.19%
0.19% 0.19% 0.19% 0.19%
period
8

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.00% 0.08%
0.08% 0.08% 0.08% 0.08%
period
Name of shareholder Monika Goel Monika Goel
0.00% 0.08%
during year
No Change
0.00% 0.08%
0.08% 0.08% 0.08% 0.08%
period
9

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Increase decrease in shareholding during year [shares] -25,000 [shares] 7,500
0.26% 0.08%
0.08% 0.35% 0.08% 0.35%
period
Name of shareholder Abhishek Bhartia Abhishek Bhartia
0.26% 0.08%
during year
0.26% 0.08%
0.08% 0.35% 0.08% 0.35%
period
10

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.04% 0.04%
0.04% 0.00% 0.04% 0.00%
period
Name of shareholder Piyush Pankaj Piyush Pankaj
0.04% 0.04%
during year
0.04% 0.04%
0.04% 0.00% 0.04% 0.00%
period
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1
Principal business activities of company [Axis]
[Member]
01/04/2015
to
31/03/2016
Details of principal business activities contributing 10% or more of total turnover of company [Abstract]
Details of principal business activities contributing 10% or more of total turnover of company
[LineItems]
Percentage to total turnover of company 100.00%
11
Details of shareholding pattern [Table] ..(1)

Shareholding pattern [Axis] Shareholders [Member] Promoters [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Details of shareholding pattern [Abstract]
Details of shareholding pattern [LineItems]
Number of demat shares held at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 91,68,989 [shares] 91,68,959 [shares] 83,09,600 [shares] 83,09,600
Percentage of change in shares held during year 0.00% 0.00%
100.00% 0.00% 90.63% 90.63%
period
100.00% 0.00% 90.63% 90.63%
period

Shareholding pattern [Axis] Indian [Member] Individual/HUF [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
90.63% 90.63% 90.63% 90.63%
period
90.63% 90.63% 90.63% 90.63%
period
12

Shareholding pattern [Axis] Public shareholding [Member] Institutions [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
9.37% 9.37% 6.98% 6.98%
period
9.37% 9.37% 6.98% 6.98%
period

Shareholding pattern [Axis] Foreign institutional investor [Member] Foreign venture capital funds [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Number of physical shares held end of period [shares] 30 [shares] 0 [shares] 100 [shares] 100
Total number of shares held at end of period [shares] 30 [shares] 0 [shares] 100 [shares] 100
0.00% 0.00% 0.001% 0.001%
period
0.00% 0.00% 0.001% 0.001%
period
13

Shareholding pattern [Axis] Others institutions [Member] Non institutions [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
6.98% 6.98% 2.39% 2.39%
period
6.98% 6.98% 2.39% 2.39%
period

Individual shareholders holding nominal
Shareholding pattern [Axis] Individuals [Member] share capital upto rupees one lakh
[Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Number of physical shares held end of period [shares] 2,19,600 [shares] 2,19,600 [shares] 46,000 [shares] 46,000
Total number of shares held at end of period [shares] 2,19,600 [shares] 2,19,600 [shares] 46,000 [shares] 46,000
2.39% 2.39% 0.50% 0.50%
period
2.39% 2.39% 0.50% 0.50%
period
14

Individual shareholders holding nominal
Shareholding pattern [Axis] share capital in excess of rupees one lakh
[Member]
01/04/2015
to 31/03/2015
31/03/2016
Number of demat shares held at end of period [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 1,73,600 [shares] 1,73,600
Total number of shares held at end of period [shares] 1,73,600 [shares] 1,73,600
Percentage of total shares held at end of period 1.889% 1.889%
Percentage of change in shares held during year 0.00%
Percentage of change in shares held during year 0.00%
Details of shareholding pattern of directors and key managerial personnel [Table] ..(1)
Directors and key managerial personnel [Axis] Brijesh Agrawal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.00% 35.04%
35.04% 35.04% 35.04% 35.04%
period
0.00% 35.04%
during year
Details of shareholding pattern of directors
and key managerial personnel [Abstract]
Details of shareholding pattern of
directors and key managerial personnel
[LineItems]
Name of directors and key managerial BRIJESH BRIJESH
personnel AGRAWAL AGRAWAL
0.00% 35.04%
35.04% 35.04% 35.04% 35.04%
period
15
Details of shareholding pattern of directors and key managerial personnel [Table] ..(2)
Directors and key managerial personnel [Axis] Dinesh Chandra Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[shares] [shares]
Total number of shares held at end of period [shares] 47,41,600
47,41,600
[shares] 47,41,600
47,41,600
[shares] [shares]
47,41,600
[shares] 47,41,600
47,41,600
0.00% 51.71%
[shares] [shares]
47,41,600
[shares] 47,41,600
47,41,600
51.71% 51.71% 51.71% 51.71%
period
0.00% 51.71%
during year
[shares] [shares]
47,41,600
[shares] 47,41,600
47,41,600
Details of shareholding pattern of directors
and key managerial personnel [Abstract]
Details of shareholding pattern of
directors and key managerial personnel
[LineItems]
Name of directors and key managerial DINESH CHANDRA DINESH CHANDRA
personnel AGARWAL AGARWAL
0.00% 51.71%
[shares] [shares]
47,41,600
[shares] 47,41,600
47,41,600
51.71% 51.71% 51.71% 51.71%
period
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] 1 2
01/04/2015 01/04/2015
to to
31/03/2016 31/03/2016
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director Brijesh DINESH
Middle name of director CHANDRA
Last name of director Agrawal AGARWAL
Designation of director Whole-time Director Managing Director
Director identification number of director 00191760 00191800
Date of signing board report 28/07/2016 28/07/2016
16
Particulars of holding, subsidiary and associate companies [Table] ..(1)

Particulars of companies [Axis] 1 2 3 4
01/04/2015 01/04/2015 01/04/2015 01/04/2015
to to to to
31/03/2016 31/03/2016 31/03/2016 31/03/2016
Particulars of holding, subsidiary and
associate
companies [Abstract]
Particulars of holding, subsidiary and
associate
companies [LineItems]
Tolexo Online Private Ten Times Online Private Tradezeal International Hello Trade Online Private
Name of company Limited Limited Private Limited Limited
1st Floor, 29- Daryagang, 1st Floor, 29- Daryagang, 1st Floor, 29- Daryagang, 1st Floor, 29- Daryagang,
Address of company Netaji Subash Marg, New Netaji Subash Marg, New Netaji Subash Marg, New Netaji Subash Marg, New
Delhi- 110002 Delhi- 110002 Delhi- 110002 Delhi- 110002
Country of incorporation of company
INDIA INDIA INDIA INDIA
CIN of company U72200DL2014PTC267665 U72300DL2014PTC265480 U72200DL2005PTC136907 U51909DL2008PTC180430

Type of company Subsidiary Subsidiary Subsidiary Subsidiary
Percentage of shares held 100.00% 96.25% 99.01% 99.00%
Applicable section 2(87) 2(87) 2(87) 2(87)
Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(1)

Material contracts/arrangements/transactions at arm's length basis [Axis] 01 02 03
01/04/2015 01/04/2015 01/04/2015
to to to
31/03/2016 31/03/2016 31/03/2016
Mansa Enterprises Tolexo Online
Name of related party Private Limited
Mr. Dhruv Prakash
Private Limited
Private company in Private company in
which a director or Key managerial which a director or
Nature of related party relationship manager or his personnel or his manager or his
relative is a member relative relative is a member
or director or director
Details of material contracts/arrangements/transactions at arm's
length basis [Abstract]
Details of material contracts/arrangements/transactions at arm's
length basis [LineItems]
Mansa Enterprises Tolexo Online
Name of related party Private Limited
Mr. Dhruv Prakash
Private Limited
Private company in Private company in
which a director or Key managerial which a director or
Nature of related party relationship manager or his personnel or his manager or his
relative is a member relative relative is a member
or director or director
Description of nature of material Rent under Memorandum of
Service Agreement
contracts/arrangements/transactions with related party Agreement Understanding
Duration of material contracts/arrangements/transactions with As per Memorandum
9 years 5 years
related party of Understanding
Dates of approval of material
contracts/arrangements/transactions with related party by 22/12/2013 01/12/2011 30/04/2015
board
17
Details of change in promoters shareholding [Table] ..(1)

Promoters [Axis] Anand Kumar Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Details of change in promoters shareholding
[Abstract]
[LineItems]
Name of promoter Anand Kumar Agarwal Anand Kumar Agarwal
0.00% 0.38%
0.38% 0.38% 0.38% 0.38%
period
0.00% 0.38%
during year
0.00% 0.38%
0.38% 0.38% 0.38% 0.38%
period
18

Promoters [Axis] Anand Kumar Agarwal (HUF)
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Anand Kumar Agarwal Anand Kumar Agarwal
Name of promoter (HUF) (HUF)
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
0.00% 0.03%
during year
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
19

Promoters [Axis] Brijesh Agrawal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Brijesh Agrawal Brijesh Agrawal
0.00% 35.04%
35.04% 35.04% 35.04% 35.04%
period
0.00% 35.04%
during year
0.00% 35.04%
35.04% 35.04% 35.04% 35.04%
period
20

Promoters [Axis] Chetna Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Chetna Agarwal Chetna Agarwal
0.00% 0.85%
0.85% 0.85% 0.85% 0.85%
period
0.00% 0.85%
during year
0.00% 0.85%
0.85% 0.85% 0.85% 0.85%
period
21

Promoters [Axis] Dinesh Chandra Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Dinesh Chandra Dinesh Chandra
Name of promoter Agarwal Agarwal
0.00% 51.71%
51.71% 51.71% 51.71% 51.71%
period
0.00% 51.71%
during year
0.00% 51.71%
51.71% 51.71% 51.71% 51.71%
period
22

Promoters [Axis] Dinesh Chandra Agarwal '(HUF)
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[shares] [shares]
Total number of shares held at end of period [shares] 30,000
30,000
[shares] 30,000
30,000
[shares] [shares]
30,000
[shares] 30,000
30,000
[Abstract]
[LineItems]
Dinesh Chandra Agarwal Dinesh Chandra Agarwal
Name of promoter '(HUF) '(HUF)
0.00% 0.33%
[shares] [shares]
30,000
[shares] 30,000
30,000
0.33% 0.33% 0.33% 0.33%
period
0.00% 0.33%
during year
[shares] [shares]
30,000
[shares] 30,000
30,000
0.00% 0.33%
[shares] [shares]
30,000
[shares] 30,000
30,000
0.33% 0.33% 0.33% 0.33%
period
23

Promoters [Axis] Gunjan Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Gunjan Agarwal Gunjan Agarwal
0.00% 0.11%
0.11% 0.11% 0.11% 0.11%
period
0.00% 0.11%
during year
0.00% 0.11%
0.11% 0.11% 0.11% 0.11%
period
24

Promoters [Axis] Keshar Devi Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Keshar Devi Agarwal Keshar Devi Agarwal
0.00% 0.11%
0.11% 0.11% 0.11% 0.11%
period
0.00% 0.11%
during year
0.00% 0.11%
0.11% 0.11% 0.11% 0.11%
period
25

Promoters [Axis] Kiran Lata Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Kiran Lata Agarwal Kiran Lata Agarwal
0.00% 0.13%
0.13% 0.13% 0.13% 0.13%
period
0.00% 0.13%
during year
0.00% 0.13%
0.13% 0.13% 0.13% 0.13%
period
26

Promoters [Axis] Madhu Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Madhu Agarwal Madhu Agarwal
0.00% 0.16%
0.16% 0.16% 0.16% 0.16%
period
0.00% 0.16%
during year
0.00% 0.16%
0.16% 0.16% 0.16% 0.16%
period
27

Promoters [Axis] Meena Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Meena Agarwal Meena Agarwal
0.00% 0.38%
0.38% 0.38% 0.38% 0.38%
period
0.00% 0.38%
during year
0.00% 0.38%
0.38% 0.38% 0.38% 0.38%
period
28

Promoters [Axis] Naresh Chandra Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Naresh Chandra Agarwal Naresh Chandra Agarwal
0.00% 0.22%
0.22% 0.22% 0.22% 0.22%
period
0.00% 0.22%
during year
0.00% 0.22%
0.22% 0.22% 0.22% 0.22%
period
29

Promoters [Axis] Naresh Chandra Agarwal (HUF)
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Naresh Chandra Agarwal Naresh Chandra Agarwal
0.00% 0.05%
0.05% 0.05% 0.05% 0.05%
period
0.00% 0.05%
during year
0.00% 0.05%
0.05% 0.05% 0.05% 0.05%
period
30

Promoters [Axis] Pankaj Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Pankaj Agarwal Pankaj Agarwal
0.00% 0.82%
0.82% 0.82% 0.82% 0.82%
period
0.00% 0.82%
during year
0.00% 0.82%
0.82% 0.82% 0.82% 0.82%
period
31

Promoters [Axis] Prakash Chandra Agarwal
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Prakash Chandra Prakash Chandra
Name of promoter Agarwal Agarwal
0.00% 0.22%
0.22% 0.22% 0.22% 0.22%
period
0.00% 0.22%
during year
0.00% 0.22%
0.22% 0.22% 0.22% 0.22%
period
32

Promoters [Axis] Prakash Chandra Agarwal (HUF)
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Prakash Chandra Agarwal Prakash Chandra Agarwal
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
0.00% 0.03%
during year
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
33

Promoters [Axis] Pushpa Jalan
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Pushpa Jalan Pushpa Jalan
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
0.00% 0.03%
during year
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
34

Promoters [Axis] Vijay Jalan
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Name of promoter Vijay Jalan Vijay Jalan
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
0.00% 0.03%
during year
0.00% 0.03%
0.03% 0.03% 0.03% 0.03%
period
Details of shareholding of promoters [Table] ..(1)

Promoters [Axis] 1 2
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Details of shareholding of promoters [Abstract]
Details of shareholding of promoters [LineItems]
Dinesh Chandra
Shareholders name Agarwal
Brijesh Agrawal
Percentage of shares pledged/encumbered
0.00% 0.00% 0.00% 0.00%
to total shares at end of period
51.71% 51.71% 35.04% 35.04%
period
51.71% 51.71% 35.04% 35.04%
period
35

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Prakash Chandra
Shareholders name Naresh Chandra Agarwal
Agarwal
0.00% 0.00% 0.00% 0.00%
0.22% 0.22% 0.22% 0.22%
period
0.22% 0.22% 0.22% 0.22%
period

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Shareholders name Pankaj Agarwal Chetna Agarwal
0.00% 0.00% 0.00% 0.00%
0.82% 0.82% 0.85% 0.85%
period
0.82% 0.82% 0.85% 0.85%
period
36

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Shareholders name Pushpa Jalan Vijay Jalan
0.00% 0.00% 0.00% 0.00%
0.03% 0.03% 0.03% 0.03%
period
0.03% 0.03% 0.03% 0.03%
period

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Shareholders name Gunjan Agarwal Keshar Devi Agarwal
0.00% 0.00% 0.00% 0.00%
0.11% 0.11% 0.11% 0.11%
period
0.11% 0.11% 0.11% 0.11%
period
37

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Shareholders name Anand Kumar Agarwal Meena Agarwal
0.00% 0.00% 0.00% 0.00%
0.38% 0.38% 0.38% 0.38%
period
0.38% 0.38% 0.38% 0.38%
period

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[shares]
30,000
[shares] 14,500 [shares] 14,500
Dinesh Chandra Agarwal
Shareholders name '(HUF)
Madhu Agarwal
[shares]
30,000
[shares] 14,500 [shares] 14,500
0.00% 0.00% 0.00% 0.00%
[shares]
30,000
[shares] 14,500 [shares] 14,500

0.33% 0.33% 0.16% 0.16%
period
[shares]
30,000
[shares] 14,500 [shares] 14,500
[shares]
30,000
[shares] 14,500 [shares] 14,500

0.33% 0.33% 0.16% 0.16%
period
38

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Prakash Chandra Agarwal
Shareholders name Kiran Lata Agarwal
(HUF)
0.00% 0.00% 0.00% 0.00%
0.13% 0.13% 0.03% 0.03%
period
0.13% 0.13% 0.03% 0.03%
period

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Naresh Chandra Agarwal Anand Kumar Agarwal
Shareholders name (HUF) (HUF)
0.00% 0.00% 0.00% 0.00%
0.05% 0.05% 0.03% 0.03%
period
0.05% 0.05% 0.03% 0.03%
period
39

01/04/2015
to
31/03/2016
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair [See below]
D u e
to absence of profits
during the year under
Disclosure relating to amounts if any which is proposed to carry to any
review, your Company has
reserves not transferred funds to
any reserve during the
current financial
year.
Disclosures relating to amount recommended to be paid as dividend [See below]
Details regarding energy conservation [See below]
Details regarding technology absorption [See below]
Details regarding foreign exchange earnings and outgo [See below]
Disclosures in directors responsibility statement [See below]
Details of material changes and commitment occurred during period Textual information (8)
affecting financial position of company [See below]
Particulars of loans guarantee investment under section 186 [TextBlock] [See below]
Particulars of contracts/arrangements with related parties under section Textual information (10)
188(1) [TextBlock] [See below]
Whether there are contracts/arrangements/transactions not at arm's
No
length basis
Whether there are material contracts/arrangements/transactions at
Yes
arm's length basis
Details of statement indicating manner in which formal
annual evaluation made by board of its performance and of its [See below]
committees and individual directors [TextBlock]
Disclosure of extract of annual return as provided under section 92(3) Textual information (12)
[TextBlock] [See below]
Details of change in promoters shareholding [TextBlock]
Details of shareholding pattern of directors and key managerial
personnel [TextBlock]
Disclosure of statement on declaration given by independent directors Textual information (13)
under section 149(6) [TextBlock] [See below]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters [See below]
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (15)
management policy [TextBlock] [See below]
T h e
Company, at present, does
Details on policy development and implementation by company on not fall in any of the
corporate social responsibility initiatives taken during year criteria(s) as provided
[TextBlock] under section 135 of the
Companies Act, 2013 and
Rules made there
under.
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock] [See below]
Disclosure of financial summary or highlights [TextBlock] [See below]
Disclosure of change in nature of business [TextBlock] [See below]
Details of directors or key managerial personnels who were Textual information (19)
appointed or have resigned during year [TextBlock] [See below]
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during Not Applicable
year [TextBlock]
Details relating to deposits covered under chapter v of companies act Textual information (20)
[TextBlock] [See below]
40
Details of deposits which are not in compliance with requirements

Not Applicable
of chapter v of act [TextBlock]
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern [See below]
status and companys operations in future [TextBlock]
Details regarding adequacy of internal financial controls with Textual information (22)
reference to financial statements [TextBlock] [See below]
Disclosure of appointment and remuneration of managerial personnels
Not Applicable
[TextBlock]
Number of meetings of board [pure] 6
41
Disclosure in board of directors report explanatory [Text Block]
Boards Report
Dear Members,
Your Directors are delighted to present the 17thBoard Report on the Business and Operations of the Company together with the Audited
Financial Statement for the year ended March 31, 2016.
FINANCIAL HIGHLIGHTS
The financial performance of the Company for the year ended on 31st March, 2016 is as follows:
'Amount In Lac'
Standalone Consolidated
2015-2016 2014-2015 2015-2016 2014-2015
Revenue from Operations 24,624.52 17,289.05 25,428.92 17,607.16
Other Income 465.33 1,188.55 474.61 1,195.60
Deferred Revenue
22,210.64 16,204.17 22284.93 16,223.45
(including advances from Customers)
Employee benefits expense 15,321.72 11,369.78 18,127.35 11,900.89
Other expenses 13,682.36 8,661.75 18,850.56 9,739.12
Depreciation and amortization expenses 262.09 299.01 367.26 302.15
Financial costs 101.69 45.01 103.57 47.17
Profit/Loss before tax -4,278.01 -1,897.94 -11,545.20 -3,186.56
42
Tax expenses 37.07 - 45.44 1.85
Profit/Loss after tax -4,315.08 -1,897.94 -11,590.64 -3,188.41
Surplus/Deficit brought forward -15,721.64 -13,823.69 -17,006.80 -13,818.33
Surplus/Deficit carried to Balance Sheet -20,036.72 -15,721.64 -28,598.08 -17,006.80
REVIEW OF OPERATIONS
During the year under review, your company achieved revenue from operations of Rs. 24,624.52 Lacs as compared to Rs. 17,289.05 Lacs last
year, resulting in a growth of 42.43%. In addition to recognized revenue the Company has deferred revenue of Rs. 22,210.64 Lacs at the end of
the year. There has been no change in the nature of business during the reporting period.
MATERIAL CHANGES AND COMMITMENTS
There has been no change in the nature of business during the period under review and there have been no material changes and commitments
occurred between the end of financial year to which financial statements relates and the date of this report which may affect the financial
position of the Company.
SHARE CAPITAL
During the Financial Year 2015-16 the Authorised Share Capital of the Company was re-classified and increased to Rs. 86,22,04,884 (Rupees
Eighty Six Crore Twenty Two Lacs Four Thousand Eight Hundred Eighty Four) divided into 2,00,00,000 (Two Crore) Equity Shares of Rs.
10/- (Rupees Ten Only) each and 14,93,903 (Fourteen Lacs Ninety-Three Thousand and Nine Hundred Three) 0.01 % Cumulative Preference
Shares of Rs 328/- (Rupees Three Hundred Twenty-Eight only) each and 17,22,047 (Seventeen Lacs Twenty Two Thousand and Forty Seven)
Compulsory Convertible Preference Shares of Rs. 100/- (Rupees Hundred only) each.
During the financial year the Company issued and allotted Series B Compulsory Convertible Preference Sharesof Rs. 100/- each amounting to
Rs. 132.60 Crores (including premium)under Private Placement mode pursuant to Section 42, 55 and 62(1)(c) of Companies Act, 2013.
DIVIDEND
Due to absence of profits during the year under review, your Directors have not recommended any dividend on equity shares for the Financial
Year 2015-16.
TRANSFER TO RESERVES
Due to absence of profits during the year under review, your Company has not transferred funds to any reserve during the current financial year.
FIXEDDEPOSITS
The Company does not accept any fixed deposits and it does not have any amount of principal or interest outstanding to be paid as on the date of
Balance Sheet.
PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS
43
Particulars of loans given, investments made, guarantees given and securities provided along with the purpose for which the loan or investments
or guarantee or security is proposed to be utilized by the recipient are provided in Note No. 11&13 to the Financial Statements.
SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES.
As on March 31, 2016, the Company has four Subsidiary Companies:
Tolexo Online Private Limited
Ten Times Online Private Limited
Tradezeal International Private Limited
Hello Trade Online Private Limited
During the year, the Board of Directors (the Board) reviewed the affairs of its subsidiaries. In accordance with Section 129(3) of the
Companies Act, 2013, your Company has prepared the Consolidated Financial Statements of the Company and all its subsidiaries, which form
part of the Annual Report.
Performance and Financial Position of the Subsidiary Companies:
Tolexo is an online marketplace platform which makes it easier for millions of businesses, from small to large, to buy & sell goods online, by
providing technology & services that enable selection, payments, customer support & fulfillment - all as an integrated experience. By virtue of
being 100% subsidiary of IndiaMART, it leverages the existing buyer & seller networks and has built the largest collection of 1,000,000+
products in a short span. It has already served customers from more than 900 cities & towns across India.
During the year under review Tolexo earned revenue of INR 469.15 Lakhs from its operation against INR 26.53 Lakhs for Financial Year
2014-15. The Company incurred losses of INR 7293.66 Lakhs for the Financial Year under review versus INR 1291.52 Lakhs for last Financial
Year.
Ten Times Online Private Limited- Incorporated on February 26, 2014, it is currently engaged in the business of operating www.10times.com,
a web aggregator for business events, conferences and trade shows. During the year under the review, its revenue from operation was Rs. 364.76
Lakhs and Net Profit after taxation was Rs. 17.18 Lakhs.
Tradezeal International Private Limited incorporated on May 31, 2005. The Company is engaged in business of providing domestic trade &
international business facilitation services.During the year under the review, its revenue from operation was Rs. 2.14Lakhs and Net Losses after
taxation was Rs. 0.07 Lakhs.
Hello Trade Online Private Limited- The Company havent commenced any business activity as of yet.
A statement containing the salient features of the financial statement of our subsidiaries in the prescribed format AOC-1 is appended as
Annexure -1 to this Report. Further, the Company doesnt have any Joint Ventures or Associate Companies, hence no information in this
regard required to be furnished.
PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES
All related party transactions that were entered into during the financial year under review were on arms length basis and in the ordinary course
of business. There were few significant related party transactions made by the Company with other related parties. The particulars of contracts or
arrangements with related parties referred to in Section 188(1) of the Companies Act, 2013, as prescribed in Form AOC-2 of the rules prescribed
under Chapter IX relating to Accounts of Companies under the Companies Act, 2013, is appended as Annexure -2 to this Report
44
PARTICULARS OF EMPLOYEES
A statement containing the names of every employee employed throughout the financial year and in receipt of remuneration of
Rs. 60 Lakhs or more, or employed for part of the year and in receipt of Rs. 5 lakhs or more a month, in accordance with the provisions of
Section 197(12) of the Companies Act, 2013 read with Rule 5(2) & Rule 5(3) of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014, is enclosed as Annexure 3 to this Report.
BOARD DIVERSITY
The Company recognizes and embraces the importance of a diverse Board in its success. We believe that a truly diverse Board will leverage
differences in thought, perspective, knowledge, skill, regional and industry experience, cultural and geographical background, age, ethnicity,
race and gender, which will help us retain our competitive advantage. Your Board comprises of experts in the field of Finance, Corporate
Governance excellence, People Management and Leadership skills. Your Company has also appointed a Woman Director on the Board.
NUMBER OF BOARD MEETINGS HELD DURING THE FINANCIAL YEAR INCULDING THE ATTENDANCE OF DIRECTORS
The Board met six (6) times during the financial year under review on April 30, 2015, June 8th 2015, July 25th 2015, October 28th 2015,
January 16th 2016, and January 28th 2016.
The intervening gap between any two meetings was within the period prescribed by the Companies Act, 2013 read with the Para 2.1 of the
Secretarial Standards -1.
The Details regarding Attendance of Directors of the Company in the above Board Meetings are as follows:
Sl. No. Name Designation &Category No. of Meeting Attended during the year ended March 31, 2016
1 Mr. Rajesh Sawhney Independent Director 5
2 Mr. Dinesh Chandra Agarwal Managing Director 6
3 Mr. Brijesh Agrawal Whole Time Director 5
4 Mr. M.K. Chouhan Independent Director 6
5 Ms. Elizabeth Chapman Independent Director 5
6 Mr. Dhruv Prakash Non- Executive Director 3
45
POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION
The policy of the Company on Directors' appointment and remuneration, including criteria for determining qualifications, positive attributes,
independence of a Director and other matters provided under Sub-section (3) of Section 178 of the Companies Act, 2013, adopted by the Board
in its Board Meeting held on January 27,2015, is appended as Annexure 4 to this report. The remuneration paid to the Directors, Key
Managerial Personnel and other employees is in accordance with the provisions of such policy and the Companies Act, 2013.
DECLARATION BY INDEPENDENT DIRECTORS
The Company has received necessary declaration from each independent director under Section 149(7) of the Companies Act, 2013 confirming
that they meet the criteria of independence laid down in Section 149(6) of the Companies Act, 2013 read with the Schedules and Rules made
there under.
BOARD EVALUATION
Pursuant to the provisions of the Companies Act, 2013, the Board is required to monitorand review the Board evaluation framework. The
Annual PerformanceEvaluation is conducted for all Board Members as wellas the working of the Board and its Committees. Thisevaluation is
led by the Chairman of the Board and Nomination and RemunerationCommittee with specific focus on the performance and effective
functioning of theBoard. The evaluation process also considers the time spentby each of the Board Member, core competencies,
personalcharacteristics, accomplishment of specific responsibilitiesand expertise. The Board evaluation is conducted throughquestionnaire
having qualitative parameters and feedbackbased on ratings. The outcome of the Board evaluation for financial year 2015-16 was discussed by
the Nomination and Remuneration Committeeand the Board at their meeting held in May 2016.
TRAINING OF INDEPENDENT DIRECTORS
Every new Independent Director of the Board attends an orientation program. To familiarize the new inductees with the strategy, operations and
functions of our Company, the Executive Directors / Senior Managerial Personnel make presentations to the inductees about the Company's
strategy, operations, policies, product and service offerings, markets, software delivery, organization structure, finance, human resources,
technology, quality, facilities and risk management. Since there were no Independent Directors inducted on the board during the financial year
no such trainings were conducted.
DIRECTORS AND KEY MANAGERIAL PERSONAL
Induction
Mr. Dhruv Prakash was appointed as Additional Director by the Board w.e.f October 28, 2015, who shall hold office upto the ensuing Annual
General Meeting where his candidature is subject to regularization in the meeting.
RESIGNATIONS &APPOINTMENT
- Mr. Dhruv Prakash appointed as Additional Director w.e.f. October 28, 2015. Our Directors recommend the appointment of Mr. Dhruv Prakash
as Director of the Company.
- Mr. Brijesh Agrawal resigned as Chief Financial Officer w.e.f. April 30, 2015 and Mr. Prateek Chandra was appointed as Chief Financial
Officerw.e.f. April 30, 2015 in his place.
- Ms. Neha Mittal was appointed as Company Secretary w.e.f. April 30, 2015 in terms of section 203 of the Companies Act, 2013. However, she
has resigned as Company Secretary w.e.f. June 2, 2015and Mr. Anil Dwivedi was appointed as Company Secretary in her place w.e.f. July 25,
2015.
COMMITTEES OF THE BOARD
46
Currently, the Board has four Committees:
i) Audit Committee and
ii) .Nomination and Remuneration Committee and
iii) Series B Management Committee and
AUDIT COMMITTEE:
The Company has constituted an Audit Committee in accordance with the provisions of Section 177 of the Companies Act, 2013 and that the
composition of the Audit Committee as on the date of this report is as under:
The Audit Committee of the Company constitutes three members namely:
Mr. M.K. Chouhan (Independent Director) : Chairman
Mr. Rajesh Sawhney (Independent Director): Member
Mr. Dhruv Prakash (Non-Executive Director : Member
During the year under review Mr. Dinesh Chandra Agarwal, resigned from the Committee and Mr. DhruvPrakash ,non executive Director was
inducted in the Committee w.e.f. October 28, 2015.
The Company Secretary of the Company acts as Secretary to this Committee.
The Audit Committee met (4) times during the financial year under review on April 30th 2015, July 25th, 2015, October 28th 2015 and January
28th 2016.
The Details regarding Attendance of members of the Committee are as follows
Sl. No. Name Designation & Category No. of Meeting Attended during the year ended March 31, 2016
1 Mr. M.K. Chouhan Chairman (Independent Director) 4
2 Mr. Dinesh Chandra Agarwal Member 3
3 Mr. Rajesh Sawhney Member 3
47
4 Mr. Dhruv Prakash Member 1
The terms of reference for the Audit Committee were adopted by the Board in its Board Meeting held on January 27, 2015 are as per Section 177
of the Companies Act, 2013.
The Board has accepted all the recommendations of the Audit Committee, as applicable.
NOMINATION & REMUNERATION COMMITTEE
The Company has constituted a Nomination & Remuneration Committee in accordance with the provisions of Section 178 of the Companies
Act, 2013 and that the composition of the Nomination and Remuneration Committee as on the date of this report is as under:
The members of the Nomination and Remuneration Committee are:
Mr. Rajesh Sawhney(Independent Director):Member
Ms. Elizabeth Chapman (Independent Director):Member
Mr. Dhruv Prakash (Non-Executive Director): Member
During the year under review Mr. M.K. Chouhan, resigned from the Committee and Mr. Dhruv Prakash, Non-Executive Director was inducted
in the Committee.
The Nomination & Remuneration Committee met four times during the financial year under review on April 30th 2015, June 8th 2015, July
25th 2015 and October 12th 2015.
The Details regarding Attendance of members of the Committee are as follows
Sl. No. Name Designation & Category No. of Meeting Attended during the year ended March 31, 2016
1 Mr. Rajesh Sawhney Member 4
2 Mr. M.K. Chouhan Member 3
3 Ms. Elizabeth Chapman Member 4
48
4 Mr. Dhruv Prakash Member Nil
The Roles and Responsibility of Nomination and Remuneration Committee is as per Section 178 of the Companies Act, 2013.
The Nomination and Remuneration Committee has framed the Nomination and Remuneration Policy which includes criteria for determining
qualifications, positive attributes, independence of a Director and other matters provided under Section 178(3) of the Companies Act, 2013. The
copy of the Policy is appended as Annexure A to this Report.
SERIES B MANAGEMENT COMMITTEE
The Board has constituted a Series B Management Committee of the Directors for the purpose of closing of activities of Series B Preference
Share Subscription Agreement and Amended and Restated Shareholders Agreement both dated January 15, 2016, including the allotments,
stamping of shares and filing the same with respective authorities and any other matter incidental thereto in its meeting held on January 16, 2016
for the purpose of taking necessary actions for the closing activities of Series B Share Subscription Agreement and Amended and Restated
Shareholders Agreement both dated January 15, 2016. The members of the Series B Management Committee are:
Mr. Dinesh Chandra Agarwal : Member
Mr. Brijesh Agrawal : Member
Mr. Dhruv Prakash : Member
Mr. Rajesh Sawhney : Member
The Series B Management Committee met two (2) times during the financial year under review on January 29, 2016 and February 05, 2016.
INTERNAL COMPLAINTS COMMITTEE
The Company has constituted an Internal Complaint Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition
and Redressal), Act, 2013 and the Complaints Committee will comprise of the Five Members out of which three members are women as on the
date of this report.
The Internal Complaint Committee has framed the Prevention of Sexual Harassment of Women at Workplace Policy. The following is a
summary of sexual harassment complaints received and disposed-off during period under review:
No. of complaints received: NIL
No. of complaints disposed-off: NIL
No. of cases pending for more than 90 days: NIL
49
No. of Workshops or awareness programs against sexual harassment carried out: One program
EMPLOYEES STOCK OPTIONS
Your Company has always believed in motivating employees and rewarding them for their continuous hard work, dedication and support, which
has led the Company on the growth path. The detail of the employee Stock Options is attached as Annexure 5 to this Report.
DIRECTORS RESPONSIBILITY STATEMENT
Pursuant to the requirement under Section 134(5) of the Companies Act, 2013, it is hereby confirmed that:
a) in the preparation of the annual accounts, the applicable accounting standards have been followed and there has been no material departure;
b) the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2016 and of the profits and loss of the Company
for the year ended March 31 , 2016.
c) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the
Companies Act, 2013 and the Companies Act, 1956, to the extent applicable, for safeguarding the assets of the Company and for preventing and
detecting fraud and other irregularities.
d) the annual accounts have been prepared on a going concern basis. and
e) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and such systems are adequate and
were operating effectively.
AUDITORS
Internal Auditors
The Internal Auditors, Deloitte Haskin & Sells, Chartered Accountants, have conducted the internal audits periodically. Significant observations,
if any, and follow-up actions thereon are reported by the Internal Auditors to the Audit Committee. The Audit Committee reviews the adequacy
and effectiveness of the Companys internal control environment and monitors the implementation of audit recommendations including those
relating to strengthening the Companys risk management policies and systems.
Secretarial Auditor
M/s. Sanjay Grover & Associates, Practicing Company Secretary were appointed to conduct the Secretarial Audit of the Company for the
Financial Year 2015-2016, as required under Section 204 of the Companies Act and Rules made thereunder. The Secretarial Audit Report for
Financial Year 2015-2016 is attached as Annexure 6 to this Report. The report of Secretarial Auditors is self-explanatory and therefore do not
require further explanation or comments.
Statutory Auditors
At the 15th Annual General Meeting of the Company held on September 5, 2014, S.R. Batliboi & Associates, LLP were appointed as Statutory
Auditors of the Company to hold office till the conclusion of 20th Annual General Meeting of the Company, as recommended by the Audit
Committee and subject to the ratification of shareholders at every general meeting. Therefore, the ratification in respect with the appointment of
M/s S. R. Batliboi & Co LLP, Chartered Accountants as the Statutory Auditors of the Company is proposed for the approval of shareholders in
the Notice of 17th Annual General Meeting of the Company.
50
The Auditors Report on Standalone and Consolidated Financial Statements which comprise the Balance Sheet as at March 31, 2016, the
Statement of Profit and Loss and Cash Flow Statement for the year then ended are self-explanatory and therefore do not call for any further
explanations or comments.
DETAILS IN RESPECT OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE FINANCIAL
STATEMENTS
The Company's internal control systems are supplemented by an extensive internal audit program conducted by an independent professional
agency. The internal control system is designed to ensure that all financial and other records are reliable for preparing financial statements and
for maintaining accountability of assets. During the year, such controls were tested and no reportable material weaknesses in controls were
observed.
EXTRACTS OF ANNUAL RETURN
In accordance with Section 134(3) (a) of the Companies Act 2013, an extract of the Annual Return in the prescribed Form No.MGT 9 is
appended as Annexure 7to the Boards Report.
CORPORATE SOCIAL RESPONSIBILITY (CSR):
The Company, at present, does not fall in any of the criteria(s) as provided under section 135 of the Companies Act, 2013 and Rules made there
under.
VIGIL MECHANISM
The Company, at present, does not fall in any of the criteria(s) as provided under section 177 (9) of the Companies Act, 2013 and Rules made
there under.
RISK MANAGEMENT POLICY
The Company has the Risk Management Policy in place which identifies elements of risk, if any, which in the opinion of the Board may threaten
the existence of the Company. The Audit Committee and the Board of Directors of the Company periodically review the risks involved in the
Company from time to time and take appropriate measures with in time to minimize the same.
DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNALS
No orders have been passed by any Regulators or Courts or Tribunals which has been received by the Company which can have impact on the
going concern status and the Companys operation in future.
DISCLOSURE UNDER SECTION 43(A)(II) & SECTION 54(1)(D) OF THE COMPANIES ACT, 2013
During the financial year under review, the Company has not issued any shares with differential voting rights and sweat equity shares and hence,
no information as required under Section 43(a)(ii) & Section 54(1)(d) of the Companies Act, 2013 read with applicable rules is required to be
disclosed.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO
The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134(3)(m)
of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014, is attached as Annexure 8 to this Report.
51
ACKNOWLEDGEMENT
The Board of Directors of the Company take on record their sincere appreciation to the contributions made by the employees through their hard
work, dedication, competence, support and co-operation towards the success of your Company. Last but not the least, your Directors are also
thankful for consistent co-operation and assistance received from its investors, business associates, customers, vendors, bankers, regulatory and
government authorities.
On behalf of the Board

For IndiaMART InterMESH Limited
Dinesh Chandra Agarwal Brijesh Agrawal

Managing Director Whole-time Director
DIN No. 00191800 DIN No.00191760
Address: 408, Aashirwad Enclave, Address: 408, Aashirwad Enclave
104, I.P. Extension, Delhi-110092 104, I.P. Extension, Delhi- 110092
Date: July 28, 2016

Place: Noida
Annexure "1" to Director's Speak
(Pursuant to first proviso to sub-section (3) of section 129 read with rule 5 of Companies (Accounts) Rules, 2014)
Statement containing salient features of the financial statement of subsidiaries/associate companies/joint ventures as on March 31, 2016
Part A: Subsidiaries
(Amount in
Lacs)
S.No 1 2 3 4
Tolexo Tradezeal
Online Pvt. Ten Times International Pvt. Hello Trade
1 Name of the subsidiary
52
Ltd Online Pvt. Ltd Ltd Online Pvt. Ltd
Reporting period for the subsidiary concerned, if different from the Same as of Same as of Same as of Same as of
2
holding company's reporting period Holding Co. Holding Co. Holding Co. Holding Co.
Reporting currency and Exchange rate as on the last date of the relevant Indian
3 Indian Rupees Indian Rupees Indian Rupees
Financial year in the case of foreign subsidiaries. Rupees
4 Share capital 6224.5 6.23 11 1
5 Reserves & surplus -6212.38 18.66 -6.35 -1.09
7 Total assets (including investments) 1635 52.28 5.07 0.05
8 Total Liabilities (other than equity) 1622.88 27.39 0.42 0.14
9 Investments - - - -
10 Turnover (excluding other income) 469.15 364.76 2.14 -
11 Profit before taxation -7292.36 25.51 -0.07 -0.3
12 Provision for taxation - 8.33 - -
13 Profit after taxation -7292.36 17.18 -0.07 -0.3
14 Proposed Dividend - - - -
15 % of Shareholding 100.00% 96.25% 99.91% 99.00%
Part B: Associates and Joint Ventures
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate Companies and Joint Ventures
S.No. 1 2
1 Name of Joint Ventures NA NA
53
2 Latest Audited Balance Sheet Date NA NA
3 Shares of Joint Ventures held by the company on the year end NA NA
No. NA NA
Amount of Investment in Joint Venture NA NA
Extend of Holding % NA NA
4 Description of how there is significant influence NA NA
5 Reason why the joint venture is not consolidated NA NA
6 Net worth attributable to Shareholding as per latest audited Balance Sheet NA NA
7 Profit / Loss for the year
Considered in Consolidation NA NA
Not Considered in Consolidation NA NA
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014)
The Form for disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub-section (1)
of section 188 of the Companies Act, 2013 including certain arms length transactions under third proviso thereto.
1. Details of contracts or arrangements or transactions not at arms length basis: There are no contracts or arrangements or transactions entered
into during the year ended March 31, 2016 which were not at arms length basis.
2. Details of material contracts or arrangement or transactions at arms length basis:
The details of material contracts or arrangement or transactions at arms length basis for the year ended March 31, 2016 are as follows:-
(a) Name(s) of the related party and nature of relationship
i) Mansa Enterprises Private Limited Common Promoter Shareholder above 10%
54
ii) Mr. Dhruv Prakash A Non-Executive Director on the Board of the Company.
iii) Tolexo Online Private Limited- Wholly owned subsidiary of the Company
(b) Nature of contracts/arrangements/transactions
i) Mansa Enterprises Private Limited Rent Agreement dated November 22, 2013 and August 31, 2015. By virtue of both the Rent Agreements,
the Company acquired the right to use and possess the property bearing number E-75, Sector 63, Noida 201301.
ii) Training Fees Paid to Mr. Dhruv Prakash - Service Agreement dated December 01, 2011 with Mr. Dhruv Prakash, the Non-Executive
Director.
iii)Tolexo Online Private Limited- Memorandum of Understanding (MOU) dated April 30, 2015 entered between the Company and Tolexo
Online Private Limited for providing bulk Online Traffic Services, Buy Leads Services and other related services to Tolexo Online Private
Limited.
(c) Duration of the contracts / arrangements/transactions
i) Mansa Enterprises Pvt. Ltd. - Rent Agreement dated November 22, 2013 is for a period of 9 years commencing from November 01, 2013 and
Rent agreement dated August 31, 2015 is for a period of 9 years commencing from September 01, 2015.
ii) Service Agreement - The said Arrangement is valid for the period of 5 years starting from December 01, 2011.
iii) Tolexo Online Private Limited-Memorandum of Understanding (MOU) is valid from April 30, 2015 and will remain in force unless
terminated earlier in accordance with the following provisions of MOU:
(i) IndiaMART may at any time terminate this MOU, without assigning any reason, by written notice of not less than 30 days to Tolexo; and
(ii) Tolexo may at any time terminate this MOU, without assigning any reason, by written notice of not less than 30 days to the IndiaMART; and
The termination of this MOU shall not affect any of the rights or obligations that may have accrued or arisen to a Party prior to such termination.
(d) Salient terms of the contracts or arrangements or transactions including the value, if any:
i) Mansa Enterprises Private Limited Rent under Agreement dated November 22, 2013 Rs. 2,00,000/- per month subject to an escalation of
15% after every three years; Rent under Agreement dated August 31, 2015 Rs. 2,30,000 per month subject to an escalation of 15% after every
three years.
ii) Service Agreement Mr. Dhruv Prakash need to devote at least 2 days in a month in providing executive coaching to the Top Managerial
Executives. In consideration, he shall be paid Rs. 75,000 for every day of coaching apart from the reimbursement of the expenses.
iii) Tolexo Online Private Limited The Company will provide the following services to Tolexo Online Private Limited as below stated: -
a) Emailing: - IndiaMART will facilitate email IDs for all Tolexos employees and will Rs.90 per email ID per month from Tolexo for the
same.
55
b) Traffic Services: - IndiaMART will provide online traffic service to Tolexo and will charge Rs.5/Click from Tolexo.
c) Buy Lead Services-IndiaMART will sell buy lead to Tolexo and will charge Rs. 100/- per lead.
(e) Date(s) of approval by the Board, if any: April 30, 2014 & April 30, 2015.
(f) Amount paid as advances, if any: Nil
On behalf of the Board

For IndiaMART InterMESH Limited
Dinesh Chandra Agarwal Brijesh Agrawal

Managing Director Whole-time Director
DIN No. 00191800 DIN No.00191760
Address: 408, Aashirwad Enclave, Address: 408, Aashirwad Enclave
104, I.P. Extension, Delhi-110092 104, I.P. Extension, Delhi- 110092
Date: July 28, 2016

Place: Noida
Information as per Rule 5(2) of Chapter XIII, the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 as on
March 31, 2016
Previous
Name of Gross % of
Educational Age Employment Nature of
the Designation Remuneration Date of Joining Exp. (Yrs) Equity
Qualification (Yrs) and Employment
Employees paid (in Lakhs) Shares
designation
Dinesh B. Tech Computer HCL

Managing
Chandra Rs. 269.93 Science & Since Inception 25 47 Technologies Permanent 51.71%
Director
Agarwal Engineering (USA)
Miebach
56
Brijesh Whole Time Rs. 194.88 PGDBM, Since Inception 18 39 Logistics Permanent 35.04%
Agrawal Director Management Gmbh ,
Bangalore
Head - Customer The Indian

Dinesh MBA (Marketing)
Sales & Rs. 173.45 March 12, 2012 25 48 Express Permanent -
Gulati & B. Tech
Operations Limited
Prateek Chief Financial Chartered HTML, EXL

Rs. 104.67 February 16, 2015 12 35 Permanent -
Chandra Officer Accountant Services
National Head -
*Vinita
Human Rs. 56.74 B.Sc &
TikooKaul
Resources
Religare
October 24, Enterprises
M.B.A. 18 44 Permanent -
2013 Limited, Bharti
Airtel
Vikas National Head- PGDBM

Rs. 75.87 June 15, 1999 17 37 - Permanent 0.03%
Aggarwal CSD Management
Sudhir Vice President- Chartered Videocon Tele

Rs.62.03 August 06, 2012 21 44 Permanent -
Gupta Legal & Finance Accountant Limited
(*) For Part of the Year

None of the Employee is a Relative of any Director or Manager of the Company.
POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION
The Board of Directors of IndiaMART InterMESH Limited (the Company) constituted the Nomination, and Remuneration Committee at the
Meeting held on January 27, 2015 with immediate effect, in compliance with the Companies Act, 2013.
1. OBJECTIVE
The Nomination and Remuneration Committee and its Policy are in compliance with Section 178 of the Companies Act, 2013 read along with
the applicable rules thereto. The Key Objectives of the Committee would be:
1.1 To guide the Board in relation to appointment and removal of Directors, Key Managerial Personnel and Senior Management.
57
1.2. To evaluate the performance of the members of the Board and provide necessary report to the Board for further evaluation of the Board.
1.3. To recommend to the Board on Remuneration payable to the Directors, Key Managerial Personnel and Senior Management.
1.4. To provide to Key Managerial Personnel and Senior Management reward linked directly to their effort, performance, dedication and
achievement relating to the Companys operations.
1.5. To retain, motivate and promote talent and to ensure long term sustainability of talented managerial persons and create competitive
advantage.
1.6. To devise a policy on Board diversity.
1.7. To develop a succession plan for the Board and to regularly review the plan.
2. DEFINITIONS
2.1. Act means the Companies Act, 2013 and Rules framed there under, as amended from time to time.
2.2. Board means Board of Directors of the Company.
2.3. Directors mean Directors of the Company.
2.4. Key Managerial Personnel means
2.4.1. Chief Executive Officer or the Managing Director or the Manager;
2.4.2. Whole-time director;
2.4.3. Chief Financial Officer;
2.4.4. Company Secretary; and
2.4.5. Such other officer as may be prescribed.
2.5. Senior Management means personnel of the company who are one level below the Board.
3. ROLE OF COMMITTEE
3.1. Matters to be dealt with, perused and recommended to the Board by the Nomination and Remuneration Committee
The Committee shall:
3.1.1. Formulate the criteria for determining qualifications, positive attributes and independence of a director.
58
3.1.2. Identify persons who are qualified to become Director and persons who may be appointed in Key Managerial and Senior Management
positions in accordance with the criteria laid down in this policy.
3.1.3. Recommend to the Board, appointment and removal of Director, KMP and Senior Management Personnel.
3.2. Policy for appointment and removal of Director, KMP and Senior Management
3.2.1. Appointment criteria and qualifications
a) The Committee shall identify and ascertain the integrity, qualification, expertise and experience of the person for appointment as Director,
KMP or at Senior Management level and recommend to the Board his / her appointment.
b) A person should possess adequate qualification, expertise and experience for the position he / she is considered for appointment. The
Committee has discretion to decide whether qualification, expertise and experience possessed by a person is sufficient / satisfactory for the
concerned position.
c) The Company shall not appoint or continue the employment of any person as Whole-time Director who has attained the age of seventy years.
Provided that the term of the person holding this position may be extended beyond the age of seventy years with the approval of shareholders by
passing a special resolution based on the explanatory statement annexed to the notice for such motion indicating the justification for extension of
appointment beyond seventy years.
3.2.2 Term / Tenure
a) Managing Director/Whole-time Director:
The Company shall appoint or re-appoint any person as its Executive Chairman, Managing Director or Executive Director for a term not
exceeding five years at a time. No re-appointment shall be made earlier than one year before the expiry of term.
b) Independent Director:
-An Independent Director shall hold office for a term up to five consecutive years on the Board of the Company and will be eligible for
re-appointment on passing of a special resolution by the Company and disclosure of such appointment in the Board's report.
- No Independent Director shall hold office for more than two consecutive terms, but such Independent Director shall be eligible for appointment
after expiry of three years of ceasing to become an Independent Director. Provided that an Independent Director shall not, during the said period
of three years, be appointed in or be associated with the Company in any other capacity, either directly or indirectly. However, if a person who
has already served as an Independent Director for 5 years or more in the Company as on October 1, 2014 or such other date as may be
determined by the Committee as per regulatory requirement; he/ she shall be eligible for appointment for one more term of 5 years only.
- At the time of appointment of Independent Director it should be ensured that number of Boards on which such Independent Director serves is
restricted to seven listed companies as an Independent Director and three listed companies in case such person is serving as a Whole-time
Director of a listed company or such other number as may be prescribed under the Act.
3.2.3. Evaluation
The Committee shall carry out evaluation of performance of every Director and KMP at regular interval (yearly).
3.2.4. Removal
59
Due to reasons for any disqualification mentioned in the Act or under any other applicable Act, rules and regulations there under, the Committee
may recommend, to the Board with reasons recorded in writing, removal of a Director, KMP or Senior Management Personnel subject to the
provisions and compliance of the said Act, rules and regulations.
3.2.5. Retirement
The Director, KMP and Senior Management Personnel shall retire as per the applicable provisions of the Act and the prevailing policy of the
Company. The Board will have the discretion to retain the Director, KMP, Senior Management Personnel in the same position/ remuneration or
otherwise even after attaining the retirement age, for the benefit of the Company.
3.3. Policy relating to the Remuneration for the Whole-time Director, KMP and Senior Management Personnel
3.3.1. General:
a) The remuneration / compensation / commission etc. to the Whole-time Director, KMP and Senior Management Personnel will be determined
by the Committee and recommended to the Board for approval. The remuneration / compensation / commission etc. shall be subject to the
prior/post approval of the shareholders of the Company and Central Government, wherever required.
b) The remuneration and commission to be paid to the Whole-time Director shall be in accordance with the percentage / slabs / conditions laid
down in the Articles of Association of the Company and as per the provisions of the Act.
c) Increments to the existing remuneration/ compensation structure may be recommended by the Committee to the Board which should be within
the slabs approved by the Shareholders in the case of Whole-time Director.
d) Where any insurance is taken by the Company on behalf of its Whole-time Director, Chief Executive Officer, Chief Financial Officer,
Company Secretary and any other employees for indemnifying them against any liability, the premium paid on such insurance shall not be
treated as part of the remuneration payable to any such personnel. Provided that if such person is proved to be guilty, the premium paid on such
insurance shall be treated as part of the remuneration.
3.3.2. Remuneration to Whole-time / Executive / Managing Director, KMP and Senior Management Personnel:
a) Fixed pay:
The Whole-time Director/ KMP and Senior Management Personnel shall be eligible for a monthly remuneration as may be approved by the
Board on the recommendation of the Committee. The breakup of the pay scale and quantum of perquisites including, employers contribution to
Pension Fund, pension scheme, medical expenses, club fees etc. shall be decided and approved by the Board/ the Person authorized by the Board
on the recommendation of the Committee and approved by the shareholders and Central Government, wherever required.
b) Minimum Remuneration:
If, in any financial year, the Company has no profits or its profits are inadequate, the Company shall pay remuneration to its Whole-time
Director in accordance with the provisions of Schedule V of the Act and rules made there under and if it is not able to comply with such
provisions, with the previous approval of the Central Government.
c) Provisions for excess remuneration:
If any Whole-time Director draws or receives, directly or indirectly by way of remuneration any such sums in excess of the limits prescribed
under the Act or without the prior sanction of the Central Government, where required, he / she shall refund such sums to the Company and until
such sum is refunded, hold it in trust for the Company. The Company shall not waive recovery of such sum refundable to it unless permitted by
the Central Government.
60
3.3.3. Remuneration to Non- Executive / Independent Director:
a)Remuneration / Commission:
The remuneration / commission shall be fixed as per the slabs and conditions mentioned in the Articles of Association of the Company and the
Act.
b)Sitting Fees:
The Non- Executive / Independent Director may receive remuneration by way of fees for attending meetings of Board of Committee thereof.
Provided that the amount of such fees shall not exceed Rs. One Lac per meeting of the Board or Committee or such amount as may be prescribed
by the Central Government from time to time.
c) Commission:
Commission may be paid within the monetary limit approved by shareholders, subject to the limit not exceeding 1% of the profits of the
Company computed as per the applicable provisions of the Act.
d)Stock Options:
An Independent Director shall not be entitled to any stock option of the Company.
4. MEMBERSHIP
4.1 The Committee shall consist of a minimum 3 non-executive directors, majority of them being Independent Directors.
4.2 Minimum two (2) members shall constitute a quorum for the Committee meeting.
4.3 Membership of the Committee shall be disclosed in the Annual Report.
4.4 Term of the Committee shall be continued unless terminated by the Board of Directors.
5. CHAIRMAN
5.1 Chairperson of the Committee shall be an Independent Director.
5.2 Chairperson of the Company may be appointed as a member of the Committee but shall not be a Chairman of the Committee.
5.3 In the absence of the Chairperson, the members of the Committee present at the meeting shall choose one amongst them to act as
Chairperson.
5.4 Chairman of the Nomination and Remuneration Committee meeting could be present at the Annual General Meeting or may nominate some
other member to answer the shareholders queries.
6. FREQUENCY OF MEETINGS
61
The meeting of the Committee shall be held at such regular intervals as may be required.
7. COMMITTEE MEMBERS INTERESTS
7.1 A member of the Committee is not entitled to be present when his or her own remuneration is discussed at a meeting or when his or her
performance is being evaluated.
7.2 The Committee may invite such executives, as it considers appropriate, to be present at the meetings of the Committee.
8. SECRETARY
The Company Secretary of the Company shall act as Secretary of the Committee.
9. VOTING
9.1 Matters arising for determination at Committee meetings shall be decided by a majority of votes of Members present and voting and any
such decision shall for all purposes be deemed a decision of the Committee.
9.2 In the case of equality of votes, the Chairman of the meeting will have a casting vote.
10. NOMINATION DUTIES
The duties of the Committee in relation to nomination matters include:
10.1 Ensuring that there is an appropriate induction in place for new Directors and members of Senior Management and reviewing its
effectiveness;
10.2 Ensuring that on appointment to the Board, Non-Executive Directors receive a formal letter of appointment in accordance with the
Guidelines provided under the Act;
10.3Identifying and recommending Directors who are to be put forward for retirement by rotation.
10.4 Determining the appropriate size, diversity and composition of the Board;
10.5 Setting a formal and transparent procedure for selecting new Directors for appointment to the Board;
10.6 Developing a succession plan for the Board and Senior Management and regularly reviewing the plan;
10.6 Evaluating the performance of the Board members and Senior Management in the context of the Companys performance from business
and compliance perspective;
10.7 Making recommendations to the Board concerning any matters relating to the continuation in office of any Director at any time including
the suspension or termination of service of an Executive Director as an employee of the Company subject to the provision of the law and their
service contract.
62
10.8 Delegating any of its powers to one or more of its members or the Secretary of the Committee;
10.9 Recommend any necessary changes to the Board; and
10.10 Considering any other matters, as may be requested by the Board.
11. REMUNERATION DUTIES
The duties of the Committee in relation to remuneration matters include:
11.1 to consider and determine the Remuneration Policy, based on the performance and also bearing in mind that the remuneration is reasonable
and sufficient to attract retain and motivate members of the Board and such other factors as the Committee shall deem appropriate.
11.2 to approve the remuneration of the Senior Management including key managerial personnel of the Company maintaining a balance between
fixed and incentive pay reflecting short and long term performance objectives appropriate to the working of the Company.
11.3 to delegate any of its powers to one or more of its members or the Secretary of the Committee.
11.4 to consider any other matters as may be requested by the Board.
11.5 Professional indemnity and liability insurance for Directors and senior management.
12. MINUTES OF COMMITTEE MEETING
Proceedings of all meetings must be maintained and signed by the Chairman of the Committee at the subsequent meeting. Minutes of the
Committee meetings will be tabled at the subsequent Board and Committee meeting.
Annexure-A to the Policy on Directors Appointment & Remuneration
PERFORMANCE EVALUATION POLICY OF IndiaMART InterMESH Limited
PERFORMANCE EVALUATION POLICY
INTRODUCTION
The Company conducts its operations under the directions of Board of Directors within the framework laid down by various statutes, more
particularly by the Companies Act, 2013, the Articles of Association, and policies formulated by the Company for its internal execution. The
Companys Board of Directors is dedicated to act in good faith; exercise their judgment on an informed basis, in the best interest of the company
and its stakeholders. Accordingly, the present policy for performance evaluation is being put into place in accordance with the requirements of
section 178 of the Companies Act, 2013 which provides for a policy to be formulated and recommended to the Board, setting the criteria, based
on which the performance of each and every director including the performance of the Board as a whole shall be assessed by the Board of
Directors of the Company. Such an evaluation procedure will provide a fine system of checks and balances on the performance of the directors
and will ensure that they exercise their powers in a rational manner.
The Act, under clause VIII of Schedule IV, casts an obligation on part of the board of directors for evaluating the performance of independent
directors. All the directors on the board of a company, except the independent director whose performance is being evaluated, will assess the
performance of the independent director. Accordingly, a report of performance evaluation of each independent director of the company would be
prepared, which would determine whether to extend or continue the term of appointment of the concerned independent director or not.
63
With an aim to maintain an energized, proactive and effective Board, the Board is committed to a continuing process of recommending and
laying down the criteria to evaluate the performance of the entire Board of the Company.
As one of the most important functions of the Board of Directors is to oversee the functioning of Companys top management, this Board
Performance Evaluation process aims to ensure individual directors (Directors) and the Board of Directors of the Company (Board) as a
whole work efficiently and effectively in achieving their functions. This policy aims at establishing a procedure for conducting periodical
evaluation of its own performance and of its committees and individual directors. Hence it is important that every individual Board Member
effectively contributes in the Board deliberations.
EFFECTIVENESS OF THE BOARD
The overall effectiveness of the Board shall be measured on the basis of the ratings obtained by each Director and accordingly the Board shall
decide the Appointments, Re-appointments and Removal of the non-performing Directors of the Company. For this reason, based on the fore
stated criteria of evaluation the remuneration of the Directors and Key Managerial Personnel shall be determined and reviewed from time to
time.
RESPONSIBILITY OF BOARD / INDEPENDENT DIRECTORS
It shall be the duty of the Board, who shall be supported by the Management to organize the evaluation process and accordingly conclude the
steps required to be taken. The evaluation process will be used constructively as a system to improve the directors and committees
effectiveness, to maximize their strength and to tackle their shortcomings.
The Board of Directors shall undertake the following activities on an annual basis:
I. Review the various strategies of the Company and accordingly set the performance objectives for directors, in consistency with varying nature
and requirements of Companys business.
II. The Board as a whole shall discuss and analyze its own performance during the year together with suggestions for improvement thereon,
pursuant to the performance objectives.
In conformity with the requirement of the Act, the performance evaluation of all the directors shall be done by the entire Board of Directors,
excluding the director being evaluated.
Independent Directors are duty bound to evaluate the performance of non - independent directors and board as a whole. The independent
directors of the Company shall hold at least one meeting in a year to review the performance of the non- independent directors, performance of
chairperson of the Company and board as a whole, taking into account the views of executive directors and non-executive directors.
EVALUATION FACTORS
The Board of Directors shall pay regards to the following parameters for the purpose of evaluating the performance of a particular director:
In respect of each of the evaluation factors, various aspects have been provided to assist with the evaluation process in respect of performance of
Board itself, and of its committees and individual directors as, such evaluation factors may vary in accordance with their respective functions
and duties.
Evaluation of Independent Director shall be carried on by the entire Board in the same way as it is done for the Executive Directors of the
Company except the Director getting evaluated
Appraisal of each Director of the Company shall be based on the criteria as mentioned herein below.
64
Rating Scale
Performance Rating
Satisfactory 1
Not Satisfactory 0
The Company has chosen to adopt the following Board Performance Evaluation Process:
INDEPENDENT DIRECTORS
Some of the specific issues and questions that should be considered in a performance evaluation of Independent Director, in which the concerned
director being evaluated shall not be included, are set out below:
Name of Director being assessed:______________________
S. No. Assessment Criteria Rating Remarks/ Comments
1 Attendance and participations in the meetings
2 Raising of concerns to the Board
3 Safeguard of confidential information
4 Rendering independent, unbiased opinion and resolution of issues at meetings
5 Initiative in terms of new ideas and planning for the Company
6 Safeguarding interest of whistle-blowers under vigil mechanism
7 Timely inputs on the minutes of the meetings of the Board and Committee's, if any
65
NON INDEPENDENT DIRECTORS / EXECUTIVE DIRECTORS
Some of the specific issues and questions that should be considered in a performance evaluation of Chairperson/Non-Independent Director /
Executive Director by Independent Directors, in which the concerned director being evaluated shall not be included, are set out below:
Name of Director being assessed:______________________
1 Leadership initiative
2 Initiative in terms of new ideas and planning for the Company
3 Professional skills, problem solving, and decision-making
4 Compliance with policies of the Company, ethics, code of conduct, etc.
5 Reporting of frauds, violation etc.
6 Safeguarding of interest of whistle blowers under vigil mechanism
7 Timely inputs on the minutes of the meetings of the Board and Committee, if any
BOARD OF DIRECTORS
Some of the specific issues and questions that should be considered in a performance evaluation of the entire Board by Independent Directors,
are set out below:
66
S. Assessment Criteria Rating Remarks/

No. Comments
1.
The Board of Directors of the company is effective in decision making.
2. The Board of Directors is effective in developing a corporate governance structure that allows and encourages the
Board to fulfill its responsibilities.
3. The Companys systems of control are effective for identifying material risks and reporting material violations of
policies and law.
4.
The Board reviews the organizations performance in carrying out the stated mission on a regular basis.
5.
The Board of Directors is effective in providing necessary advice and suggestions to the companys management.
6.
Is the board as a whole up to date with latest developments in the regulatory environment and the market?
7. The information provided to directors prior to Board meetings meets your expectations in terms of length and level of
detail.
8. Board meetings are conducted in a manner that encourages open communication, meaningful participation, and timely
resolution of issues.
9. The Board Chairman effectively and appropriately leads and facilitates the Board meetings and the policy and
governance work of the board.
10. The Board appropriately considers internal audit reports, managements responses, and steps towards improvement.
The Board oversees the role of the independent auditor from selection to termination and has an effective process to
11.
evaluate the independent auditors qualifications and performance.
12. The board considers the independent audit plan and provides recommendations.
COMMITTEES OF BOARD
The Board has constituted the following committees:
1. Audit Committee; and
2. Nomination and Remuneration Committee;
For evaluating the performance of each committee, the Board of Directors shall pay regards to the following aspects as set out in the annexure
67
below:
S. Remarks/
Audit Committee (for Audit Committee members only) Rating
No Comments
1. Committee meetings are conducted in a manner that encourages open communication, meaningful participation
and timely resolution of issues
2.
Timely inputs on the minutes of the meetings
S. Remarks/
Nomination and Remuneration Committee (For Nomination and Remuneration Committee members only) Rating
No. Comments
1. Committee meetings are conducted in a manner that encourages open communication, meaningful participation
and timely resolution of issues.
2.
Timely inputs on the minutes of the meetings
KEY MANAGERIAL PERSONNEL AND SENIOR EXECUTIVES
For evaluating the performance of Key Managerial Personnel and other Senior Executives, the Board of Directors shall pay regards to the
following aspects as set out below:
Name of person being assessed:______________________
1. Abidance and behavior in accordance with ethical standards & code of conduct of Company
2. Interpersonal and communication skills
3. Compliance with policies of the Company, ethics, code of conduct, etc.
4. Safeguarding interest of whistle-blowers under vigil mechanism
68
5. Team work attributes
6. Safeguard of confidential information
REVIEW
The performance evaluation process will be reviewed annually by the Nomination and Remuneration Committee.
Subject to the approval of Board of Directors, the Committee may amend the Policy, if required, to ascertain its appropriateness as per the needs
of the Company.
DISCLOSURE
Company will disclose details of its Board Performance Evaluation processes in its Boards Report. The Boards report containing such
statement shall indicate the manner in which formal evaluation has been made by the Board of its own performance and that of the committees
of the Board and individual directors of the Company.
EMPLOYEE STOCK OPTION PLAN DETAILS FOR THE YEAR ENDED MARCH 31, 2016
A. DETAILS OF ESOP AS PER RULE 12(9) OF COMPANIES ( SHARE CAPITAL AND DEBENTURES) RULES, 2014
Particulars Details
Fiscal 2015 - 16
Option Granted Plan I Plan II Plan III Plan IV
Vesting period 0 to 48 months 0 to 48 months 0 to 48 months 0 to 48 months
Options vested (excluding the options that have been exercised) - 1,90,828 3,300 -
Options exercised - - - -
69
The total number of options exercisable at the end of the year - - - -
Options forfeited/lapsed/cancelled - 1,200 - -
Variation of terms of options - - - -
Money realized by exercise of options - - - -
Total number of options in force 3,64,967 4,99,859 24,000 5,39,000
Exercise Price 100 150 150 200
B. EMPLOYEE WISE DETAILS OF OPTIONS GRANTED TO
(i) Key Managerial Personnel :
Particulars Fiscal 2015 - 16
Plan I Plan II Plan III Plan IV
a)Mr. Prateek Chandra - CFO 50000
TOTAL - 50000
(ii) Any other employee who receives a grant in any one year of options amounting to 5% or more of the options granted during the year
Particulars Fiscal 2015 - 16
a) Mr. Dinesh Gulati - - - 1,05,000
c) Mr. Madhup Agrawal - - - 1,00,000
70
c) Mr. Vikas Aggarwal - - - 70,000
d) Mr. Abhishek Bhartia 35,000
e) Mr. Navneet Rai - - - 30,000
f) Mr. Harsh Kundra - - - 30,000
TOTAL - - - 3,70,000
(iii) Identified directors/employees who were granted options during any one year equal to exceeding 1% of the issued capital (excluding
outstanding warrants and conversions) of our Company at the time of grant
Names Fiscal 2015 - 16
None - - - -
FORM MR-3
SECRETARIAL AUDIT REPORT
FOR THE FINANCIAL YEAR ENDED MARCH 31, 2016
[Pursuant to section 204(1) of the Companies Act, 2013 and Rule No. 9 of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014]
To
The Members
Indiamart Intermesh Limited
71
(CIN: U74899DL1999PLC101534)
1st Floor, 29-Daryaganj, Netaji Subhash Marg
New Delhi- 110002
We have conducted the secretarial audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by
Indiamart Intermesh Limited (hereinafter called the Company), which is an unlisted company. Secretarial Audit was conducted in a manner that
provided us a reasonable basis for evaluating the corporate conducts/statutory compliances and expressing our opinion thereon.
We report that-
a) Maintenance of secretarial record is the responsibility of the management of the Company. Our responsibility is to express an opinion on
these secretarial records based on our audit.
b) We have followed the audit practices and processes as were appropriate to obtain reasonable assurance about the correctness of the contents
of the secretarial records. The verification was done on test basis to ensure that correct facts are reflected in secretarial records. We believe that
the processes and practices, we followed, provide a reasonable basis for our opinion.
c) We have not verified the correctness and appropriateness of the financial statements of the Company.
d) Wherever required, we have obtained the Management representation about the compliances of laws, rules and regulations and happening of
events etc.
e) The compliance of the provisions of the corporate and other applicable laws, rules, regulations, standards is the responsibility of the
management. Our examination was limited to the verification of procedures on test basis.
f) The Secretarial Audit report is neither an assurance as to the future viability of the Company nor of the efficacy or effectiveness with which
the management has conducted the affairs of the Company.
Based on our verification of the Companys books, papers, minute books, forms and returns filed and other records maintained by the Company
and also the information provided by the Company, its officers, agents and authorized representatives during the conduct of Secretarial Audit,
we hereby report that in our opinion, the Company has, during the audit period covering the financial year ended on March 31, 2016 (Audit
Period) complied with the statutory provisions listed hereunder and also that the Company has proper Board processes and compliance
mechanism in place to the extent, in the manner and subject to the reporting made hereinafter:
We have examined the books, papers, minute books, forms and returns filed and other records maintained by the Company for the financial year
ended on March 31, 2016 according to the provisions of:
(i) The Companies Act, 2013 (the Act) and the rules made thereunder;
(ii) Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment,
Overseas Direct Investment and External Commercial Borrowings;
We have also examined compliance with the applicable clauses of the Secretarial Standard on Meetings of the Board of Directors and Secretarial
Standard on General Meetings issued by the Institute of Company Secretaries of India of which the Company has generally complied with.
During the Audit Period, the Company has complied with the provisions of the Act, Rules, Regulations and Guidelines, to the extent applicable,
as mentioned above.
(v) The Company is primarily engaged in the business-to-business e-marketplace, which acts as an interactive hub for domestic and international
buyers and suppliers. There is no sector specific law applicable on the Company.
72
We further report that the Board of Directors of the Company is duly constituted with proper balance of Executive Directors, Non-Executive
Directors and Independent Directors. The changes in the Board of Directors that took place during the period under review were carried out in
compliance with the provisions of the Act.
Adequate notice is given to all directors to schedule the Board Meetings, Agenda and detailed notes on agenda were sent at least seven days in
advance and a system exists for seeking and obtaining further information and clarifications on the agenda items before the meeting for
meaningful participation at the meeting.
Board decisions are carried out with unanimous consent and therefore, no dissenting views were required to be captured and recorded as part of
the minutes.
We further report that there are adequate systems and processes in the company commensurate with the size and operations of the company to
monitor and ensure compliance with applicable laws, rules, regulations and guidelines.
We further report that during the audit period, the Shareholders of the Company at its Extra-Ordinary General Meeting held on January 20, 2016
passed the following resolution(s):-
- the Authorised Share Capital of the Company was first re-classified and then increased to Rs. 86,22,04,884 (Rupees Eighty Six Crore Twenty
Two Lacs Four Thousand Eight Hundred Eighty Four) divided into 2,00,00,000 (Two Crore) Equity Shares of Rs. 10/- (Rupees Ten Only) each
and 14,93,903 (Fourteen Lacs Ninety-Three Thousand and Nine Hundred Three) 0.01 % Cumulative Preference Shares of Rs 328/- (Rupees
Three Hundred Twenty-Eight only) each and 17,22,047 (Seventeen Lacs Twenty Two Thousand and Forty Seven) Compulsory Convertible
Preference Shares of Rs. 100/- (Rupees Hundred only) each.
- Special resolution under Section 42, 55 and 62(1)(c) of the Act in regard to offer, issue and allot, Equity/ Compulsory Convertible Preference
Shares in one or more tranches up to Rs. 135,00,00,000 (Rupees One Hundred Thirty Five Crores only) including premium on private placement
basis pursuant to Series B Preference Share Subscription Agreement dated January 15, 2016 to the person(s) specified therein.
For Sanjay Grover & Associates

Company Secretaries
Firm Registration No. P2001DE052900
Sanjay Grover
New Delhi
Managing Partner
July 28, 2016
CP No.: 3850
EXTRACT OF ANNUAL RETURN
FORM NO. MGT 9
73
As on financial year ended on March 31, 2016
Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration) Rules, 2014.
I. REGISTRATION & OTHER DETAILS:
1 CIN U74899DL1999PLC101534
2 Registration Date September 13, 1999
3 Name of the Company INDIAMART INTERMESH LIMITED
4 Category/Sub-Category of the Company Public Company
IndiaMART InterMESH Limited, 1st Floor, 29-Daryaganj, Netaji Subash Marg,

5 Address of the Registered office and contact details
New Delhi- 110002.
Contact No. 011-30272100 {Reg. Office}
Fax No.- 011-43509807{Reg. Office}
Contact No. 0120-6777800 {Cor. Office}
Fax No.- 0120-3997666{Cor. Office}
Email- cs@indiamart.com
Website- www.indiamart.com
6 Whether listed Company No
Link Intime India Pvt. Ltd

Name, Address and Contact details of Registrar and Address : 44, Community Centre, Phase-I, Near PVR, Naraina Ind. Area, New
7
Transfer Agent, if, any Delhi-110028
Phone no: +91 11 4141 0592
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY (All the business activities contributing 10 % or more of the total turnover of
the company shall be stated)
74
S. No. Name and Description of main products / services NIC Code of the Product/service % to total turnover of the company
1 Information Services Activity 6311 100%
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES.
% of
S. Holding/ Applicable
Name of the Company Address of Company CIN shares
No. Subsidiary Section
Held
Wholly 2 (87) of the

Tolexo Online Private 1st Floor, 29- Daryagang, Netaji Subash
1 U72200DL2014PTC267665 owned 100% Companies Act,
Limited Marg, New Delhi- 110002
Subsidiary 2013
2 (87) of the
Ten Times Online 1st Floor, 29- Daryagang, Netaji Subash
2 U72300DL2014PTC265480 Subsidiary 96.25% Companies Act,
Private Limited Marg, New Delhi- 110002
2013
2 (87) of the
Tradezeal International 1st Floor, 29- Daryagang, Netaji Subash
3 U72200DL2005PTC136907 Subsidiary 99.01% Companies Act,
2013
2 (87) of the
Hello Trade Online 1st Floor, 29- Daryagang, Netaji Subash
4 U51909DL2008PTC180430 Subsidiary 99% Companies Act,
2013
IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)
A) Category-wise Share Holding
No. of Shares held at

No. of Shares held at %
the end of the
the beginning of the Change
Category of Shareholders year
year [As on during
[As on March 31,
March 31, 2015] the
2016]
year
% of % of
Demat Physical Total Total Demat Physical Total Total
Shares Shares
A. Promoters
(1) Indian
75
a) Individual/ HUF - 83,09,600 83,09,600 90.63% 0 83,09,600 83,09,600 90.63% -
b) Central Govt - - - - - - - - -
c) State Govt(s) - - - - - - - - -
d) Bodies Corp. - - - - - - - - -
e) Banks / FI - - - - - - - - -
f) Any other - - - - - - - - -
Sub-total (A) (1):- - 83,09,600 83,09,600 90.63% - 83,09,600 83,09,600 90.63% -
(2) Foreign - - - - - - - - -
a) NRIs Individuals - - - - - - - - -
b) Other Individuals - - - - - - - - -
c) Bodies Corp. - - - - - - - - -
d) Banks / FI - - - - - - - - -
e) Any Other. - - - - - - - - -
Sub -total (A) (2):- - - - - - - - - -
Total shareholding of
Promoter (A) = - 83,09,600 83,09,600 90.63% - 83,09,600 83,09,600 90.63% -
(A)(1)+(A)( 2)
B. Public Shareholding - - - - - - - - -
1. Institutions - - - - - - - - -
a) Mutual Funds - - - - - - - - -
b) Banks / FI - - - - - - - - -
c) Central Govt - - - - - - - - -
d) State Govt(s) - - - - - - - - -
76
e) Venture Capital Funds - - - - - - - - -
f) Insurance Companies - - - - - - - - -
g) FIIs - - - - - 30 30 0.00% -
h) Foreign Venture
- 100 100 0.00% - 100 100 0.00%
Capital Funds
i) Others (specify)- Body

- 6,39,659 6,39,659 6.98% - 6,39,659 6,39,659 6.98%
Corporate
Sub-total (B)(1):- 0 6,39,759 6,39,759 6.98% 0 6,39,789 6,39,789 6.98% 0
2. Non-Institutions
a) Bodies Corp.
i) Indian - - - - - - - - -
ii) Overseas - - - - - - - - -
b) Individuals
i) Individual shareholders
holding nominal share - 46,000 46,000 0.50% - 46,000 46,000 0.50% -
capital upto Rs. 1 lakh
ii) Individual
shareholders holding
- 1,73,600 1,73,600 1.89% - 1,73,600 1,73,600 1.89% -
nominal share capital in
excess of Rs 1 lakh
c) Others (specify)
Non Resident Indians - - - - - - - - -
Trusts - - - - - - - - -
Sub-total (B)(2):- - 2,19,600 2,19,600 2.39% - 2,19,600 2,19,600 2.39% -
Total Public Shareholding

- 8,59,359 8,59,359 9.66% - 8,59,389 8,59,389 9.66% -
(B)=(B)(1)+ (B)(2)
C. Shares held by
Custodian for GDRs &
ADRs
77
Promoter and promoter

- - - - - - - - -
group
Public - - - - - - - - -
Sub-total (C) - - - - - - - - -
Grand Total (A+B+C) - 91,68,959 91,68,959 100.00% - 91,68,989 91,68,989 100.00% -
B) Shareholding of Promoter-
Shareholding at Shareholding % change in

Shareholders
S.No the beginning of at the end of shareholding
Name
the year the year during the year
%of Shares
% of total % of total %of Shares Pledged
Pledged/
No. of Shares Shares of the No. of Shares Shares of the / encumbered to
encumbered to total
company company total shares
shares
Dinesh
1 Chandra 47,41,600 51.71% - 47,41,600 51.71% - -
Agarwal
Brijesh
2 32,13,100 35.04% - 32,13,100 35.04% - -
Agrawal
Naresh
3 Chandra 20,100 0.22% - 20100 0.22% - -
Agarwal
Prakash
4 Chandra 20,100 0.22% - 20100 0.22% - -
Agarwal
Pankaj
5 75,600 0.82% - 75,600 0.82% - -
Agarwal
Chetna
6 77,600 0.85% - 77,600 0.85% - -
Agarwal
7 Pushpa Jalan 2,500 0.03% - 2,500 0.03% - -
8 Vijay Jalan 2,500 0.03% - 2,500 0.03% - -
78
Gunjan
9 10,000 0.11% - 10,000 0.11% - -
Agarwal
Keshar Devi
10 10,000 0.11% - 10,000 0.11% - -
Agarwal
Anand
11 Kumar 35,000 0.38% - 35,000 0.38% - -
Agarwal
Meena
12 35,000 0.38% - 35,000 0.38% - -
Agarwal
Dinesh
Chandra
13 30,000 0.33% - 30,000 0.33% - -
Agarwal
(HUF)
Madhu
14 14,500 0.16% - 14,500 0.16% - -
Agarwal
Kiran Lata
15 11,500 0.13% - 11,500 0.13% - -
Agarwal
Prakash
Chandra
16 3000 0.03% - 3000 0.03% - -
Agarwal
(HUF)
Naresh
Chandra
17 4500 0.05% - 4500 0.05% - -
Agarwal
(HUF)
Anand
Kumar
18 3000 0.03% - 3000 0.03% - -
Agarwal
(HUF)
Total 83,09,600 90.63% - 83,09,600 90.63% - -
C) Change in Promoters Shareholding (please specify, if there is no change)
Shareholding at Cumulative
SN Particulars the beginning of Shareholding
the year during the year
[As on April 01,
79
2015]
% of total % of total
No. of shares shares of the No. of shares shares of the
company company
1 At the beginning of the year
Date wise Increase / Decrease in Promoters Shareholding during the year

2 specifying the reasons for increase / decrease (e.g. allotment /transfer / NIL
bonus/ sweat equity etc.):
3 At the end of the year
D) Shareholding Pattern of top ten Shareholders (Other than Directors, Promoters and Holders of GDRs and ADRs):
*Name of Shareholders Shareholding at the Change in Shareholding at the

SN
(Top 10 Shareholders) beginning of the year Shareholding end of the year
(No. of
Shares)
% of total shares of % of total shares

No. of shares Increase Decrease No. of shares
the company of the company
Bennett, Coleman & Co.

1 4,26,439 4.65% - - 4,26,439 4.65%
Ltd.
2 Times Internet Ltd. 2,13,220 2.33% - - 2,13,220 2.33%
3 Surat Singh Bhati 3,000 0.03% 50,000 - 53,000 0.58%
4 Sanjeev Kumar 1,000 0.01% 50,000 - 51,000 0.56%
5 Akshi Agarwal 20,000 0.22% - - 20,000 0.22%
6 Neelima Gupta 0 0.00% 20,000 - 20,000 0.22%
7 Praveen Kumar Goel 17,100 0.19% - - 17,100 0.19%
8 Monika Goel 7,500 0.08% - - 7,500 0.08%
9 Abhishek Bhartia 32,500 0.35% - 25,000 7,500 0.08%
80
10 Piyush Pankaj - 0% 4000 - 4000 0.04%
E) Shareholding of Directors and Key Managerial Personnel:
Shareholding of each Shareholding at Increase/ Cumulative

S.No. Directors and each Key the beginning of Decrease in Date Reason Shareholding
Managerial Personnel the year Shareholding during the Year
% of total % of total % of total

No. of shares shares of the No. of Shares shares of the No. of shares shares of the
company Company company
Dinesh Chandra Agarwal, No

1 4741600 51.71% - - -
Managing Director Change
March At the
- - 31, end of 4741600 51.71%
2015 year
Brijesh Agrawal, No
2 3213100 35.04% - - -
Whole-time Director Change
March At the
- - 31, end of 3213100 35.04%
2015 year
Prateek Chandra, Chief

3 NIL NIL NIL NIL N/A N/A N/A N/A
Financial Officer
- - N/A N/A N/A N/A
Anil Dwivedi, Company

4 NIL NIL N/A N/A N/A N/A
Secretary
- - N/A N/A N/A N/A
V) INDEBTEDNESS -Indebtedness of the Company including interest outstanding/accrued but not due for payment.
Secured Loans excluding deposits Unsecured Loans Deposits Total Indebtedness
81
Indebtedness at the beginning of the financial year
i) Principal Amount - - - -
ii) Interest due but not paid - - - -
iii) Interest accrued but not due - - - -
Total (I +ii+iii) - - - -
Change in Indebtedness during the financial year
* Addition - - - -
* Reduction - - - -
Net Change - - - -
Indebtedness at the end of the financial year
i) Principal Amount - - - -
ii) Interest due but not paid - - - -
iii) Interest accrued but not due - - - -
Total (i+ii+iii) - - - -
VI.REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL-

A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Total
SNo. Particulars of Remuneration Name of MD/WTD/ Manager
Amount
Mr. Brijesh
Agrawal,
Mr. Dinesh Chandra Agarwal, Managing Director Manager*
Whole-time
Director
1 Gross salary
82
(a) Salary as per provisions 2,66,28,378 1,91,23,200 - -

contained in Section 17(1) of the
Income-tax Act, 1961
(b) Value of perquisites u/s 17(2)

3,64,600 3,64,600 - -
(c) Profits in lieu of salary under

- - - -
section 17(3) Income- tax Act, 1961
2 Stock Option - - - --
3 Sweat Equity - - - -
4 Commission - - - -
- as % of profit
- others, specify
5 Others, please specify - - - -
Total (A) 2,69,92,978 1,94,87,800 - 4,64,80,778
Remuneration of directors has been provided in

Ceiling as per the Act accordance with Rule 7 Chapter XIII prescribed under
the Companies Act, 2013.
* The Company does not have Manager.
B. Remuneration to other directors
S.No. Particulars of Remuneration Name of Directors
1 Independent Directors Mr. M. K. Chouhan Mr. Rajesh Sawhney Ms. Elizabeth Chapman Total
Fee for attending Board &Committee meetings 5,60,000/- 5,10,000/- 3,90,000/- 14,60,000/-
Remuneration by way of Commission - - - -
83
Others, please specify - - - -
Total (1) 5,60,000/- 5,10,000/- 3,90,000/- 14,60,000/-
2 Other Non-Executive Directors Mr. Dhruv Prakash
Fee for attending board committee meetings 2,00,000/- 2,00,000
Commission - -
Others, please specify [ Training Fee] 6,75,000/- 6,75,000/-
Total (2) 8,75,000/-
Total (B)=(1+2) 23,35,000/-
Total Managerial
Rs. 4,88,15,778/-
Remuneration Total=(A+B)
Overall Ceiling as per the Act (Within the limit)
C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/WTD
Key Managerial
SN Particulars of Remuneration
Personnel
Prateek Chandra
Anil Dwivedi (Company
( Chief Financial Total
Secretary)
Officer)
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the

97,50,223 11,37,115 1,08,87,338
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961
(c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 - - -
2 Stock Option - - -
3 Sweat Equity - - -
84
Commission
4 - as % of profit - - -
-others, specify
5 Others, please specify - - -
Total 97,50,223 11,37,115 1,08,87,338
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
Section of the Details of Penalty / Punishment/

Type Brief Authority Appeal made,
Companies Act Compounding fees imposed
[RD / NCLT/ if any (give

Description
COURT] Details)
A. COMPANY
Penalty NA
Punishment
Compounding
B. DIRECTORS
Penalty
Punishment
Compounding
C. OTHER OFFICERS IN
DEFAULT
Penalty
Punishment
Compounding
85
A. Conservation of Energy
i. Steps taken or impact on conservation of energy:-
(a) Energy Conservation measures taken:
The operations of your Company are not energy intensive. Adequate measures have, however, been taken to reduce energy consumption by
using energy efficient instruments. For Example- Air-conditioners are used only when required, thereby enhancing energy efficiency.
(b) Additional investments and proposals, if any, being implemented for reduction of consumption of energy:
Investments are made on a continuous basis to reduce energy consumption.
(c) Impact of measures at (a) & (b) above for reduction of energy consumption and consequent impact on the cost of production of goods:
The impacts of the measures indicated in (a) above are expected to be favorable i.e., reduction in energy consumption.
(d)Total energy consumption and energy consumption per unit of production:
Not Applicable
ii. Steps taken by the Company for utilizing alternate sources of energy
Your Company is in process to explore the alternative sources of energy and all efforts are being made in this regard.
iii. Capital investment on energy conservation equipment
No major additional investment is required.
B. TECHNOLOGY OF ABSORPTION
i. Efforts made towards technology absorption: NIL
ii. Benefits derived like product improvement, cost reduction, product development or import substitution; NIL
iii. In case of imported technology (imported during the last three years reckoned from the beginning of the financial year)-
86
(a) the details of technology imported; NIL
(b) the year of import; NIL
(c) whether the technology been fully absorbed; NIL
(d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof; and
iv. Expenditure incurred on Research and Development. NIL
Specific areas in which R&D carried out by the company: The Company has not carried out R&D in any specific area.
1. Benefits derived as a result of above R&D:Not Applicable
2. Future plan of action: The management of the company has not yet decided to carry out any R&D.
3. Expenditure on R&D: Not applicable
C. FOREIGN EXCHANGE EARNINGS AND OUTGO
The Foreign Exchange earned in terms of actual inflows and the Foreign Exchange outgo in terms of actual outflows, during financial year
2015-16 are as follow :-
Amount in Lacs
2015-2016 2014-2015
Earnings 368.24 451.51
Outgo 747.92 438.89
Net Foreign Earning (NFE) -379.67 12.62
87
Description of state of companies affair
'Amount In Lac'
2015-2016 2014-2015 2015-2016 2014-2015
Other Income 465.33 1,188.55 474.61 1,195.60
Deferred Revenue
22,210.64 16,204.17 22284.93 16,223.45
Other expenses 13,682.36 8,661.75 18,850.56 9,739.12
Financial costs 101.69 45.01 103.57 47.17
Tax expenses 37.07 - 45.44 1.85
88
Disclosures relating to amount recommended to be paid as dividend

Due to absence of profits during the year under review, your Directors have not recommended any dividend on equity shares for the Financial
Year 2015-16.
Details regarding energy conservation

Details regarding technology absorption

Details regarding foreign exchange earnings and outgo

Disclosures in directors responsibility statement

Pursuant to the requirement under Section 134(5) of the Companies Act, 2013, it is hereby confirmed that:
a) in the preparation of the annual accounts, the applicable accounting standards have been followed and there has been no material departure;
b) the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2016 and of the profits and loss of the Company
for the year ended March 31 , 2016.
c) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the
Companies Act, 2013 and the Companies Act, 1956, to the extent applicable, for safeguarding the assets of the Company and for preventing and
detecting fraud and other irregularities.
d) the annual accounts have been prepared on a going concern basis. and
e) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and such systems are adequate and
were operating effectively.
Details of material changes and commitment occurred during period affecting financial position of company
89
Particulars of loans guarantee investment under section 186 [Text Block]

Particulars of loans given, investments made, guarantees given and securities provided along with the purpose for which the loan or investments
or guarantee or security is proposed to be utilized by the recipient are provided in Note No. 11&13 to the Financial Statements.
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
All related party transactions that were entered into during the financial year under review were on arms length basis and in the ordinary course
of business. There were few significant related party transactions made by the Company with other related parties. The particulars of contracts or
arrangements with related parties referred to in Section 188(1) of the Companies Act, 2013, as prescribed in Form AOC-2 of the rules prescribed
under Chapter IX relating to Accounts of Companies under the Companies Act, 2013, is appended as Annexure -2 to this Report
Details of statement indicating manner in which formal annual evaluation made by board of its performance and of
its committees and individual directors [Text Block]
Pursuant to the provisions of the Companies Act, 2013, the Board is required to monitor and review the Board evaluation framework. The
Annual Performance Evaluation is conducted for all Board Members as well as the working of the Board and its Committees. This evaluation is
led by the Chairman of the Board and Nomination and Compensation Committee with specific focus on the performance and effective
functioning of the Board. The evaluation process also considers the time spent by each of the Board Member, core competencies, personal
characteristics, accomplishment of specific responsibilities and expertise. The Board evaluation is conducted through questionnaire having
qualitative parameters and feedback based on ratings. The outcome of the Board evaluation for financial year 2015-16 was discussed by the
Nomination and Compensation Committee and the Board at their meeting held in May 2016.
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
In accordance with Section 134(3) (a) of the Companies Act 2013, an extract of the Annual Return in the prescribed Form No.MGT 9 is
appended as Annexure 7to the Boards Report.
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block]
The Company has received necessary declaration from each independent director under Section 149(7) of the Companies Act, 2013 confirming
that they meet the criteria of independence laid down in Section 149(6) of the Companies Act, 2013 read with the Schedules and Rules made
there under.
90
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other
matters provided under section 178(3) [Text Block]
Officer w.e.f. April 30, 2015 in his place.
has resigned as Company Secretary w.e.f. June 2, 2015 and Mr. Anil Dwivedi was appointed as Company Secretary in her place w.e.f. July 25,
2015.
Disclosure of statement on development and implementation of risk management policy [Text Block]
The Company has the Risk Management Policy in place which identifies elements of risk, if any, which in the opinion of the Board may threaten
the existence of the Company. The Audit Committee and the Board of Directors of the Company periodically review the risks involved in the
Company from time to time and take appropriate measures with in time to minimize the same.
91
Disclosure as per rule 8(5) of companies accounts rules 2014 [Text Block]
FINANCIAL HIGHLIGHTS
'Amount In Lac'
2015-2016 2014-2015 2015-2016 2014-2015
Other Income 465.33 1,188.55 474.61 1,195.60
Deferred Revenue
22,210.64 16,204.17 22284.93 16,223.45
Other expenses 13,682.36 8,661.75 18,850.56 9,739.12
Financial costs 101.69 45.01 103.57 47.17
Tax expenses 37.07 - 45.44 1.85
92
MATERIAL CHANGES AND COMMITMENTS
RESIGNATIONS &APPOINTMENT
Officer w.e.f. April 30, 2015 in his place.
2015.
FIXED DEPOSITS
Balance Sheet.
DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNALS
DETAILS IN RESPECT OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE FINANCIAL
STATEMENTS
observed.
93
Disclosure of financial summary or highlights [Text Block]

Deferred Revenue
22,210.64 16,204.17 22284.93 16,223.45
Other expenses 13,682.36 8,661.75 18,850.56 9,739.12
Financial costs 101.69 45.01 103.57 47.17
Tax expenses 37.07 - 45.44 1.85
Disclosure of change in nature of business [Text Block]

Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
Mr. Dhruv Prakash appointed as Additional Director w.e.f. October 28, 2015. Our Directors recommend the appointment of Mr. Dhruv Prakash
Mr. Brijesh Agrawal resigned as Chief Financial Officer w.e.f. April 30, 2015 and Mr. Prateek Chandra was appointed as Chief Financial
Officerw.e.f. April 30, 2015 in his place.
Ms. Neha Mittal was appointed as Company Secretary w.e.f. April 30, 2015 in terms of section 203 of the Companies Act, 2013. However, she
2015.
Details relating to deposits covered under chapter v of companies act [Text Block]
Balance Sheet.
94
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status
and companys operations in future [Text Block]
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
observed.
95
[400200] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's Clause not
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark applicable
[Member] [Member]
01/04/2015 01/04/2015
to to
31/03/2016 31/03/2016
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Textual information
Disclosure in auditors report relating to fixed assets (23) [See below]
The Company has
maintained proper
records showing
full particulars,
Disclosure relating to quantitative details of fixed assets including
quantitative details
and situation of
fixed assets.
Disclosure relating to physical verification and material discrepancies of fixed Textual information
assets (24) [See below]
Textual information
Disclosure relating to title deeds of immovable properties (25) [See below]
Textual information
Disclosure in auditors report relating to inventories (26) [See below]
Disclosure in auditors report relating to loans Not Applicable
Disclosure in auditors report relating to compliance with Section 185 and 186 of Textual information
Companies Act, 2013 (27) [See below]
The Company has
not accepted any
Disclosure in auditors report relating to deposits accepted deposits from the
public.
Disclosure in auditors report relating to maintenance of cost records Not Applicable
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (28) [See below]
Disclosure relating to regularity in payment of undisputed statutory dues Textual information
[TextBlock] (29) [See below]
Textual information
Disclosure relating to disputed statutory dues [TextBlock] (30) [See below]
Textual information
Disclosure in auditors report relating to default in repayment of financial dues (31) [See below]
Disclosure in auditors report relating to public offer and term loans used for Textual information
purpose for which those were raised (32) [See below]
Disclosure in auditors report relating to fraud by the company or on the Textual information
company by its officers or its employees reported during period (33) [See below]
Textual information
Disclosure in auditors report relating to managerial remuneration (34) [See below]
Textual information
Disclosure in auditors report relating to Nidhi Company (35) [See below]
Textual information
Disclosure in auditors report relating to transactions with related parties (36) [See below]
Disclosure in auditors report relating to preferential allotment or private Textual information
placement of shares or convertible debentures (37) [See below]
Disclosure in auditors report relating to non-cash transactions with directors Textual information
or persons connected with him (38) [See below]
Disclosure in auditors report relating to registration under section 45-IA of Textual information
Reserve Bank of India Act, 1934 (39) [See below]
96
Details regarding auditors [Table] ..(1)

Auditors [Axis] 1
01/04/2015
to
31/03/2016
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
S.R. Batliboi & Associates
Name of audit firm LLP
Name of auditor signing report Yogesh Midha
Firms registration number of audit firm 101049W
Membership number of auditor 094941
GOLF VIEW
CORPORATE TOWER B,
Address of auditors SECTOR 42, SECTOR
ROAD,GURGAON-122002,
HARYANA
Permanent account number of auditor or auditor's firm AABFS3421N
SRN of form ADT-1 C20676656
Date of signing audit report by auditors 28/07/2016
Date of signing of balance sheet by auditors 28/07/2016

01/04/2015
to
31/03/2016
Disclosure in auditors report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks
N o
Auditor's
Auditor's qualification(s), reservation(s) or adverse remark(s) in qualification(s),
auditors' report reservation(s) or
adverse remark(s) in
auditors'
report
Disclosure in auditors report relating to fixed assets

a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
b) All fixed assets were physically verified by the management in the previous year in accordance with a planned programme of verifying them
once in three years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. No material
discrepancies were noticed on such verification.
c) According to the information and explanations given by the management, the title deeds of immovable properties included in fixed assets are
held in the name of the company.
Disclosure relating to physical verification and material discrepancies of fixed assets

All fixed assets were physically verified by the management in the previous year in accordance with a planned programme of verifying them
97
Disclosure relating to title deeds of immovable properties

According to the information and explanations given by the management, the title deeds of immovable properties included in fixed assets are
Disclosure in auditors report relating to inventories

The Companys business does not involve inventories and, accordingly, the requirements under paragraph 3(ii) of the Order are not applicable to
the Company.
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
In our opinion and according to the information and explanations given to us, there are no loans, investments, guarantees, and securities given in
respect of which provisions of section 185 and 186 of the Companies Act 2013 are applicable and hence not commented upon.
Disclosure in auditors report relating to statutory dues [Text Block]

a)The Company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, employees state
insurance, income-tax, service tax, cess and other material statutory dues applicable to it. The provision of value added tax, custom duty and
excise duty are not applicable to the Company.
b) According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees state
insurance, income-tax, service tax, cess and other material statutory dues were outstanding, at the year end, for a period of more than six months
from the date they became payable. The provision of value added tax, custom duty and excise duty are not applicable to the Company.
c) According to the records of the Company, the dues outstanding of income-tax, service tax, duty of custom, value added tax and cess on
account of any dispute, are as follows:
Amount Period to which the amount

Name of the Statute Nature of the Dues Forum where dispute is pending
(Rs.) relates
Financial Year 2006-07 to Additional Commissioner of
Finance Act, 1994 Service Tax 65,68,335
2011-12 service tax
The Income Tax Act, Additional fringe benefit tax & income tax Commissioner of income tax
8,19,143 Assessment Year 2006-07
1961 demand (appeals)
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]

The Company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, employees state
98
Disclosure relating to disputed statutory dues [Text Block]

a) According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees state
b) According to the records of the Company, the dues outstanding of income-tax, service tax, duty of custom, value added tax and cess on

(Rs.) relates
2011-12 service tax
Disclosure in auditors report relating to default in repayment of financial dues

In our opinion and according to information and explanations given by the management, the Company has not defaulted in repayment of dues to
a financial institution, bank or debenture holders or government.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
According to the information and explanations given by the management, the Company has not raised any money way of initial public offer /
further public offer / debt instruments and term loans hence, reporting under clause (ix) is not applicable to the Company and hence not
commented upon.
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
Based upon the audit procedures performed for the purpose of reporting the true and fair view of the financial statements and according to the
information and explanations given by the management, we report that no fraud on the Company by the officers and employees of the Company
has been noticed or reported during the year
Disclosure in auditors report relating to managerial remuneration

Based on our audit procedures performed for the purpose of reporting the true and fair view of the financial statements and according to the
information and explanations given by the management, we report that the managerial remuneration has been paid / provided in accordance with
the requisite approvals mandated by the provisions of section 197 read with Schedule V to the Companies Act, 2013 / rule 7(2) of Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014 since the remuneration has been paid after fulfilling the conditions
specified in the said rule .
99
Disclosure in auditors report relating to Nidhi Company

In our opinion, the Company is not a nidhi company. Therefore, the provisions of clause 3(xii) of the Order are not applicable to the Company
and hence not commented upon.
Disclosure in auditors report relating to transactions with related parties

According to the information and explanations given by the management, transactions with the related parties are in compliance with section
177 and 188 of Companies Act, 2013 where applicable and the details have been disclosed in the notes to the financial statements, as required by
the applicable accounting standards.
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
According to the information and explanations given by the management,the Company has complied with provisions of section 42 of the
Companies Act, 2013 in respect of the preferential allotment or private placement of shares during the year. According to the information and
explanations given by the management, we report that the amounts raised, have been used for the purposes for which the funds were raised.
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
According to the information and explanations given by the management, the Company has not entered into any non-cash transactions with
directors or persons connected with him as referred to in section 192 of Companies Act, 2013.
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934
According to the information and explanations given to us, the provisions of section 45-IA of the Reserve Bank of India Act, 1934 are not
applicable to the Company.
100
Disclosure in auditors report explanatory [Text Block]
INDEPENDENT AUDITORS REPORT
To the Members of Indiamart Intermesh Limited
Report on the Financial Statements
We have audited the accompanying standalone financial statements of Indiamart Intermesh Limited (the Company), which comprise the
Balance Sheet as at March 31,2016, the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of
significant accounting policies and other explanatory information.
Managements Responsibility for the Financial Statements
The Companys Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (the Act)with respect to
the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance and cash
flows of the Company in accordance with accounting principles generally accepted in India, including the Accounting Standards specified under
section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting
frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable
and prudent; and the design, implementation and maintenance of adequate internal financial control that were operating effectively for ensuring
the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true
and fair view and are free from material misstatement, whether due to fraud or error.
Auditors Responsibility
Our responsibility is to express an opinion on these standalone financial statements based on our audit. We have taken into account the
provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the
provisions of the Act and the Rules made there under. We conducted our audit in accordance with the Standards on Auditing, issued by the
Institute of Chartered Accountants of India, as specified under Section 143(10) of the Act. Those Standards require that we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material
misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures
selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether
due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Companys preparation of
the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances. An audit also
includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by the Companys
Directors, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the standalone financial statements give the
information required by the Actin the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India of the state of affairs of the Company as at March 31, 2016, its loss, and its cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
101
1. As required by the Companies (Auditors report) Order, 2016(the Order) issued by the Central Government of India in terms of sub-section
(11) of section 143 of the Act, we give in the Annexure 1 statement on the matters specified in paragraphs 3 and 4 of the Order.
2. As required by section 143 (3) of the Act, we report that:
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purpose of our audit;
(b) In our opinion proper books of account as required by law have been kept by the Company so far as it appears from our examination of those
books;
(c) The Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books of
account;
(d) In our opinion, the aforesaidstandalone financial statements comply with the Accounting Standards specified under section 133 of the Act,
read with Rule 7 of the Companies (Accounts) Rules, 2014;
(e) On the basis of written representations received from the directors as on March 31, 2016, and taken on record by the Board of Directors, none
of the directors is disqualified as on March 31, 2016, from being appointed as a director in terms of section 164 (2) of the Act;
(f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of
such controls, refer to our separate Report in Annexure 2 to this report;
(g) With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:
i. The Company has disclosed the impact of pending litigations on its financial position in its financial statements Refer Note 29 to the
financial statements.
ii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.
For S.R. Batliboi & Associates LLP

Chartered Accountants
ICAI Firm Registration Number: 101049W/E300004
per Yogesh Midha

Partner
Membership Number: 94941
Place of Signature: Gurgaon
Date: 28 July, 2016
102
Annexure 1 referred to in paragraph (1) of report on the other legal & regulatory requirement of our report of even date
Re: Indiamart Intermesh Limited (the company)
i. a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
b) All fixed assets were physically verified by the management in the previous year in accordance with a planned programme of verifying them
c) According to the information and explanations given by the management, the title deeds of immovable properties included in fixed assets are
ii. The Companys business does not involve inventories and, accordingly, the requirements under paragraph 3(ii) of the Order are not applicable
to the Company.
iii. According to the information and explanations given to us, the Company has not granted any loans, secured or unsecured to companies,
firms, Limited Liability Partnerships or other parties covered in the register maintained under section 189 of the Companies Act, 2013.
Accordingly, the provisions of clause 3(iii)(a), (b) and (c) of the Order are not applicable to the Company and hence not commented upon.
iv. In our opinion and according to the information and explanations given to us, there are no loans, investments, guarantees, and securities given
in respect of which provisions of section 185 and 186 of the Companies Act 2013 are applicable and hence not commented upon.
v. The Company has not accepted any deposits from the public.
vi. To the best of our knowledge and as explained, the Company is not in the business of sale of any goods. Therefore, in our opinion, the
provisions of clause 3(vi) of the Order are not applicable to the Company.
vii. a)The Company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, employees state
b) According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees state
c) According to the records of the Company, the dues outstanding of income-tax, service tax, duty of custom, value added tax and cess on

(Rs.) relates

2011-12 service tax
103
viii. In our opinion and according to information and explanations given by the management, the Company has not defaulted in repayment of
dues to a financial institution, bank or debenture holders or government.
ix. According to the information and explanations given by the management, the Company has not raised any money way of initial public offer /
further public offer / debt instruments and term loans hence, reporting under clause (ix) is not applicable to the Company and hence not
commented upon.
x. Based upon the audit procedures performed for the purpose of reporting the true and fair view of the financial statements and according to the
information and explanations given by the management, we report that no fraud on the Company by the officers and employees of the Company
has been noticed or reported during the year
xi. Based on our audit procedures performed for the purpose of reporting the true and fair view of the financial statements and according to the
information and explanations given by the management, we report that the managerial remuneration has been paid / provided in accordance with
the requisite approvals mandated by the provisions of section 197 read with Schedule V to the Companies Act, 2013 / rule 7(2) of Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014 since the remuneration has been paid after fulfilling the conditions
specified in the said rule .
xii.In our opinion, the Company is not a nidhi company. Therefore, the provisions of clause 3(xii) of the Order are not applicable to the
Company and hence not commented upon.
xiii.According to the information and explanations given by the management, transactions with the related parties are in compliance with section
177 and 188 of Companies Act, 2013 where applicable and the details have been disclosed in the notes to the financial statements, as required by
the applicable accounting standards.
xiv. According to the information and explanations given by the management,the Company has complied with provisions of section 42 of the
Companies Act, 2013 in respect of the preferential allotment or private placement of shares during the year. According to the information and
explanations given by the management, we report that the amounts raised, have been used for the purposes for which the funds were raised.
xv. According to the information and explanations given by the management, the Company has not entered into any non-cash transactions with
directors or persons connected with him as referred to in section 192 of Companies Act, 2013.
xvi. According to the information and explanations given to us, the provisions of section 45-IA of the Reserve Bank of India Act, 1934 are not
applicable to the Company.

per Yogesh Midha

Partner
Date: 28 July, 2016
ANNEXURE 2 TO THE INDEPENDENT AUDITORS REPORT OF EVEN DATE ON THE STANDALONE FINANCIAL STATEMENTS
OF INDIAMART INTERMESH LIMITED
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (the Act)
104
To the Members of Indiamart IntermeshLimited
We have audited the internal financial controls over financial reporting of Indiamart Intermesh Limited (the Company) as of March 31, 2016in
conjunction with our audit of the standalone financial statements of the Company for the year ended on that date.
Managements Responsibility for Internal Financial Controls
The Companys Management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India. These responsibilities
include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the
orderly and efficient conduct of its business, including adherence to the Companys policies, the safeguarding of its assets, the prevention and
detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial
information, as required under theCompanies Act, 2013.
Auditors Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We
conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the Guidance
Note) and the Standards on Auditing as specified under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of
internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of
India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain
reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such
controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding
of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditors judgement, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the internal financial
controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting
A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorisations of
management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised
acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls Over Financial Reporting
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over
financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures
may deteriorate.
105
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such
internal financial controls over financial reporting were operating effectively as at March 31, 2016, based on the internal control over financial
reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of
Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.
Explanatory paragraph
We also have audited, in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India,as specified under
Section 143(10) of the Act, thefinancial statements of theCompany, which comprise the Balance Sheet as at March 31, 2016, and the related
Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other
explanatory information, and our report dated July28, 2016 expressed unqualified opinion thereon.

per Yogesh Midha

Partner
Date: 28 July, 2016
[400500] Disclosures - Secretarial audit report

01/04/2015
to
31/03/2016
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
106
[100100] Balance sheet

31/03/2016 31/03/2015
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 75,38,94,774 58,16,89,774
Reserves and surplus -67,07,39,463 -139,30,25,713
Total shareholders' funds 8,31,55,311 -81,13,35,939
Share application money pending allotment 0 0
Deferred government grants 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 0
Other long-term liabilities 79,49,93,248 53,53,55,873
Long-term provisions 0 0
Total non-current liabilities 79,49,93,248 53,53,55,873
Current liabilities [Abstract]
Short-term borrowings 0 0
Trade payables (A) 24,43,30,843 (B) 20,20,49,574

Other current liabilities 144,63,17,962 110,19,16,554
Short-term provisions 3,39,12,595 4,39,58,810
Total current liabilities 172,45,61,400 134,79,24,938
Total equity and liabilities 260,27,09,959 107,19,44,872
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 8,11,45,763 4,51,74,706
Intangible assets 61,20,917 1,00,25,893
Tangible assets capital work-in-progress 17,72,136 17,72,136
Total fixed assets 8,90,38,816 5,69,72,735
Non-current investments 86,02,00,000 8,07,00,000
Long-term loans and advances 5,16,47,352 4,29,61,476
Other non-current assets 11,35,24,280 10,45,29,567
Total non-current assets 111,44,10,448 28,51,63,778
Current assets [Abstract]
Current investments 125,08,77,957 60,00,83,377
Inventories 0 0
Trade receivables 50,43,859 43,02,130
Cash and bank balances 11,51,96,889 9,32,28,122
Short-term loans and advances 10,77,83,596 8,91,67,465
Other current assets 93,97,210 0
Total current assets 148,82,99,511 78,67,81,094
Total assets 260,27,09,959 107,19,44,872
Footnotes
(A) Non-current liabilities, Trade payables : 6663893 Current liabilities,Trade payables : 237666950
(B) Non-current liabilities, Trade payables : 7316628 Current liabilities,Trade payables : 194732946
107
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] 1 2
01/04/2015 01/04/2015
to to
31/03/2016 31/03/2016
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director Brijesh DINESH
Middle name of director CHANDRA
Last name of director Agrawal AGARWAL
Whole Time
Designation of director Director
Managing Director
Director identification number of director 00191760 00191800

Date of signing of financial statements by director 28/07/2016 28/07/2016
108
[100400] Cash flow statement, indirect

01/04/2015 01/04/2014
to to 31/03/2014
31/03/2016 31/03/2015
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax -42,78,00,560 -18,97,94,375
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 28,730 87,602
Adjustments for depreciation and amortisation expense 2,62,09,474 2,99,01,338
Other adjustments for which cash effects are investing or
financing cash flow (A) -3,39,86,176 (B) -11,32,48,287
Other adjustments for non-cash items (C) -99,20,541 (D) -50,50,143

Total adjustments to profit (loss) -1,76,68,513 -8,83,09,490
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in trade receivables -7,41,729 10,39,019
Adjustments for decrease (increase) in other current assets (E) 7,87,81,057 (F) 7,35,88,237
Adjustments for increase (decrease) in trade payables 4,22,81,269 1,55,60,809
Adjustments for increase (decrease) in other current liabilities (G) 60,46,08,101 (H) 41,20,34,894
Adjustments for provisions (I) -1,00,46,215 (J) 1,15,10,056
Total adjustments for working capital 71,48,82,483 51,37,33,015
Total adjustments for reconcile profit (loss) 69,72,13,970 42,54,23,525
Net cash flows from (used in) operations 26,94,13,410 23,56,29,150
Income taxes paid (refund) -1,78,39,468 -1,80,17,644
Net cash flows from (used in) operating activities before extraordinary
28,72,52,878 25,36,46,794
items
Net cash flows from (used in) operating activities 28,72,52,878 25,36,46,794
Cash flows from used in investing activities [Abstract]
Cash flows used in obtaining control of subsidiaries or other businesses (K) 77,95,00,000 (L) 8,01,00,000
Other cash receipts from sales of equity or debt instruments of other
entities (M) 174,08,49,888 (N) 128,07,20,382
Other cash payments to acquire equity or debt instruments of other
entities (O) 235,90,89,796 (P) 118,80,20,379
Purchase of tangible assets (Q) 6,05,96,069 (R) 2,12,61,851

Interest received 1,13,52,043 50,50,143
Other inflows (outflows) of cash (S) -89,94,714 (T) -10,45,29,567

Net cash flows from (used in) investing activities before extraordinary
-145,59,78,648 -10,81,41,272
items
Net cash flows from (used in) investing activities -145,59,78,648 -10,81,41,272
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 132,59,99,290 0
Repayments of borrowings (U) 5,69,318 (V) 5,64,814

Interest paid 28,730 87,602
Net cash flows from (used in) financing activities before extraordinary
132,54,01,242 -6,52,416
items
Net cash flows from (used in) financing activities 132,54,01,242 -6,52,416
Net increase (decrease) in cash and cash equivalents before effect of
15,66,75,472 14,48,53,106
exchange rate changes
Net increase (decrease) in cash and cash equivalents 15,66,75,472 14,48,53,106
Cash and cash equivalents cash flow statement at end of period 11,51,96,889 9,32,28,122 6,61,64,591
109
Footnotes
(A) Net (gain) on sale of current investments : -33986176 (Gain)/loss on sale of fixed assets : 0
(B) Net (gain) on sale of current investments : -113247054 (Gain)/loss on sale of fixed assets : -1233
(C) Interest income : -11352043 Provision for diminution in value of Investment : 1431502
(D) Interest income : -5050143 Provision for diminution in value of Investment : 0
(E) Increase in other current assets : -9397210 Increase in loans & advances : -46528438 Cash generated from operations : 134706705
(F) Increase in other current assets : 0 Increase in loans & advances : -44226338 Cash generated from operations : 117814575
(G) Increase in other current liabilities : 344970726 Increase in other long-term liabilities : 259637375
(H) Increase in other current liabilities : 233299048 Increase in other long-term liabilities : 178735846
(I) Increase/ (decrease) in short-term provisions : -10046215
(J) Increase/ (decrease) in short-term provisions : 11510056
(K) Investment in subsidiary company : 779500000
(L) Investment in subsidiary company : 80100000
(M) Proceeds from sale/maturity of current investments : 1740849888
(N) Proceeds from sale/maturity of current investments : 1280720382
(O) Purchase of current investments : 2359089796
(P) Purchase of current investments : 1188020379
(Q) Purchase of fixed assets including capital work in progress and capital advance : 60596069
(R) Purchase of fixed assets including capital work in progress and capital advance : 21261851
(S) Investments in bank deposits (having original maturity of more than three months) : -8994714
(T) Investments in bank deposits (having original maturity of more than three months) : -104529567
(U) Repayment of short term borrowings : 569318
(V) Repayment of short term borrowings : 564814
110
[200100] Notes - Share capital
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
[shares]
Number of shares authorised [shares] 2,32,15,950
1,44,93,903
[shares] 2,00,00,000 [shares] 1,20,00,000
Value of shares authorised 86,22,04,884 62,00,00,184 20,00,00,000 12,00,00,000

[shares]
Number of shares issued [shares] 1,23,84,939
1,06,62,862
[shares] 91,68,989 [shares] 91,68,959
Value of shares issued 75,38,94,774 58,16,89,774 9,16,89,890 9,16,89,590

[shares]
Number of shares subscribed and fully paid [shares] 1,23,84,939
1,06,62,862
[shares] 91,68,989 [shares] 91,68,959
Value of shares subscribed and fully paid 75,38,94,774 58,16,89,774 9,16,89,890 9,16,89,590
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
[shares]
Total number of shares subscribed [shares] 1,23,84,939
1,06,62,862
[shares] 91,68,989 [shares] 91,68,959
Total value of shares subscribed 75,38,94,774 58,16,89,774 9,16,89,890 9,16,89,590

Value of shares paid-up [Abstract]
[shares]
Number of shares paid-up [shares] 1,23,84,939
1,06,62,862
[shares] 91,68,989 [shares] 91,68,959
Value of shares called 75,38,94,774 58,16,89,774 9,16,89,890 9,16,89,590

Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
0 0 0 0
officers
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 75,38,94,774 58,16,89,774 9,16,89,890 9,16,89,590
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
debentures preference shares during
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0 [shares] 0 [shares] 0
in cash
111
Number of shares issued under scheme of

amalgamation
Number of other issues of shares [shares] 30 [shares] 0 [shares] 30 [shares] 0
Number of shares issued under employee
stock option plan
Number of other issue of shares
arising out of conversion of [shares] 0 [shares] 0 [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares redeemed [shares] 0 [shares] 0
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
[shares]
Number of shares outstanding at end of period [shares] 1,23,84,939
1,06,62,862
[shares] 91,68,989 [shares] 91,68,959
Reconciliation of value of shares outstanding

[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other private placement issue
0 0 0 0
during period
Amount of preferential allotment issue
Amount of other preferential allotment
0 0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0 0
amalgamation during period
Amount of other issues during period 300 0 300 0
Amount of employee stock option plan
0 0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0 0
period
Total aggregate amount of increase in
300 0 300 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares redeemed 0 0
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
0 0 0 0
period
Total increase (decrease) in share capital 300 0 300 0
Share capital at end of period 75,38,94,774 58,16,89,774 9,16,89,890 9,16,89,590
Rights preferences and restrictions attaching Textual information Textual information
- -
to class of share capital (41) [See below] (42) [See below]
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 0 [shares] 0 [shares] 0 [shares] 0
Shares in company held by ultimate holding
company
112
Shares in company held by subsidiaries of its

holding company
ultimate holding company
Shares in company held by associates of its
holding company
Total shares in company held by holding company
or ultimate holding company or by its [shares] 0 [shares] 0 [shares] 0 [shares] 0
subsidiaries or associates
Shares reserved for issue under options
and contracts or commitments for sale of [shares] 0 [shares] 0 [shares] 0 [shares] 0
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or 0 0 0 0
disinvestment
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being [shares] 0 [shares] 0 [shares] 0 [shares] 0
received in cash during last five years
Aggregate number of fully paid-up shares
issued by way of bonus shares during last [shares] 0 [shares] 0 [shares] 0 [shares] 0
five years
Aggregate number of shares bought back during
last five years
Original paid-up value of forfeited shares 0 0 0 0
Terms of securities convertible into
equity/preference shares issued along with Textual information (43)
earliest date of conversion in descending order [See below]
starting from farthest such date [TextBlock]
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for 0 0 0 0
refund, principal
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0 0
and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0
113

Classes of share capital [Axis] Equity shares 1 [Member] Preference shares [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Type of share Equity Equity
[shares]
Number of shares authorised [shares] 2,00,00,000 [shares] 1,20,00,000 [shares] 32,15,950
24,93,903
Value of shares authorised 20,00,00,000 12,00,00,000 66,22,04,884 50,00,00,184
[shares]
Number of shares issued [shares] 91,68,989 [shares] 91,68,959 [shares] 32,15,950
14,93,903
Value of shares issued 9,16,89,890 9,16,89,590 66,22,04,884 49,00,00,184
[shares]
Number of shares subscribed and fully paid [shares] 91,68,989 [shares] 91,68,959 [shares] 32,15,950
14,93,903
Value of shares subscribed and fully paid 9,16,89,890 9,16,89,590 66,22,04,884 49,00,00,184
[shares]
Total number of shares subscribed [shares] 91,68,989 [shares] 91,68,959 [shares] 32,15,950
14,93,903
Total value of shares subscribed 9,16,89,890 9,16,89,590 66,22,04,884 49,00,00,184
[shares]
Number of shares paid-up [shares] 91,68,989 [shares] 91,68,959 [shares] 32,15,950
14,93,903
Value of shares called 9,16,89,890 9,16,89,590 66,22,04,884 49,00,00,184
[Abstract]
0 0 0 0
officers
Value of shares paid-up 9,16,89,890 9,16,89,590 66,22,04,884 49,00,00,184
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully
[INR/shares] 0 [INR/shares] 0
called
[Abstract]
[Abstract]
[Abstract]
Number of shares issued as rights [shares] 0 [shares] 0
period
placement
period
in cash
amalgamation
114

stock option plan
securities
during period
[Abstract]
period
shares outstanding
[shares]
Number of shares outstanding at end of period [shares] 91,68,989 [shares] 91,68,959 [shares] 32,15,950
14,93,903
[Abstract]
[Abstract]
Amount of rights issue during period 0 0
0 0 0 0
during period
0 0 0 0
issue during period
0 0 0 0
0 0 0 0
period
300 0 0 0
[Abstract]
0 0 0 0
period
Share capital at end of period 9,16,89,890 9,16,89,590 66,22,04,884 49,00,00,184
Rights preferences and restrictions attaching Textual information Textual information Textual information (46)
-
to class of share capital (44) [See below] (45) [See below] [See below]
company
holding company
115

holding company
disinvestment
five years
last five years
equity/preference shares issued along with Textual information (47)
earliest date of conversion in descending order [See below]
refund, principal
116

Classes of share capital [Axis] Preference shares 1 [Member] Preference shares 2 [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Type of share Preference Preference Preference Preference
Number of shares authorised [shares] 0 [shares] 10,00,000 [shares] 14,93,903 [shares] 14,93,903
Value of shares authorised 0 1,00,00,000 49,00,00,184 49,00,00,184
Number of shares issued [shares] 0 [shares] 0 [shares] 14,93,903 [shares] 14,93,903
Value of shares issued 0 0 49,00,00,184 49,00,00,184
Number of shares subscribed and fully paid [shares] 0 [shares] 0 [shares] 14,93,903 [shares] 14,93,903
Value of shares subscribed and fully paid 0 0 49,00,00,184 49,00,00,184
Total number of shares subscribed [shares] 0 [shares] 0 [shares] 14,93,903 [shares] 14,93,903
Total value of shares subscribed 0 0 49,00,00,184 49,00,00,184
Number of shares paid-up [shares] 0 [shares] 0 [shares] 14,93,903 [shares] 14,93,903
Value of shares called 0 0 49,00,00,184 49,00,00,184
[Abstract]
0 0 0 0
officers
Value of shares paid-up 0 0 49,00,00,184 49,00,00,184
Par value per share [INR/shares] 10 [INR/shares] 10 [INR/shares] 328 [INR/shares] 328
Amount per share called in case shares not fully
[INR/shares] 0 [INR/shares] 0 [INR/shares] 0 [INR/shares] 0
called
[Abstract]
[Abstract]
[Abstract]
period
placement
period
in cash
amalgamation
stock option plan
117

securities
during period
[Abstract]
Number of shares redeemed [shares] 0 [shares] 0 [shares] 0 [shares] 0
period
shares outstanding
Number of shares outstanding at end of period [shares] 0 [shares] 0 [shares] 14,93,903 [shares] 14,93,903
[Abstract]
[Abstract]
0 0 0 0
during period
0 0 0 0
issue during period
0 0 0 0
0 0 0 0
period
0 0 0 0
[Abstract]
Decrease in amount of shares redeemed 0 0 0 0
0 0 0 0
period
Share capital at end of period 0 0 49,00,00,184 49,00,00,184
Rights preferences and restrictions attaching Textual information
to class of share capital (48) [See below]
company
holding company
holding company
118

disinvestment
five years
last five years
equity/preference shares issued along with Textual information
earliest date of conversion in descending order (49) [See below]
refund, principal
119

Classes of share capital [Axis] Preference shares 3 [Member]
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Type of share Preference Preference
Number of shares authorised [shares] 17,22,047 [shares] 0
Value of shares authorised 17,22,04,700 0
Number of shares issued [shares] 17,22,047 [shares] 0
Value of shares issued 17,22,04,700 0
Number of shares subscribed and fully paid [shares] 17,22,047 [shares] 0
Value of shares subscribed and fully paid 17,22,04,700 0
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 17,22,047 [shares] 0
Total value of shares subscribed 17,22,04,700 0
Number of shares paid-up [shares] 17,22,047 [shares] 0
Value of shares called 17,22,04,700 0
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 17,22,04,700 0
Par value per share [INR/shares] 100 [INR/shares] 100
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued in private placement arising out of conversion
[shares] 0 [shares] 0
of debentures preference shares during period
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of
conversion of debentures preference shares during period
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 17,22,047 [shares] 0
Reconciliation of value of shares outstanding [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
120
Amount of private placement issue arising out of conversion of

0 0
debentures preference shares during period
Amount of other private placement issue during period 0 0
Amount of preferential allotment issue arising out of conversion of
0 0
debentures preference shares during period
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash
0 0
during period
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 0
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 0
Total increase (decrease) in share capital 0 0
Share capital at end of period 17,22,04,700 0
Textual information Textual information
Rights preferences and restrictions attaching to class of share capital (50) [See below] (51) [See below]
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
Shares in company held by holding company [shares] 0 [shares] 0
Shares in company held by ultimate holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate holding company [shares] 0 [shares] 0
Shares in company held by associates of its holding company [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding company [shares] 0 [shares] 0
Total shares in company held by holding company or ultimate holding company
or by its subsidiaries or associates
Shares reserved for issue under options and contracts or commitments for sale of
Amount of shares reserved for issue under options and contracts or commitments
0 0
for sale of shares or disinvestment
Aggregate number of fully paid-up shares issued pursuant to contracts
without payment being received in cash during last five years
Aggregate number of fully paid-up shares issued by way of bonus shares during last
five years
Aggregate number of shares bought back during last five years [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0 0
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
Application money received for allotment of securities and due for refund,
0 0
principal
Application money received for allotment of securities and due for refund,
0 0
interest accrued
Total application money received for allotment of securities and due for
0 0
refund and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
No No
shares in company
Whether money raised from public offering during year No No
121
Rights preferences and restrictions attaching to class of share capital

1) The Company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of equity is entitled to one vote per share.
2) In event of liquidation of the Company, the holders of equity shares would be entitled to receive remaining assets of the Company, after
distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Terms of securities convertible into equity/preference shares issued along with earliest date of conversion in
descending order starting from farthest such date [Text Block]
1) Each Series A CCPS holder is entitled to participate pari-passu in any dividends paid to the holders of the shares of any other class (including
Equity Shares) or series on a pro-rata, as if converted basis. 2) Each Series A CCPS may be converted into equity shares at any time at the option
of the holder of the Series A preference share. 3) Subject to compliance with applicable laws, each Series A Preference share shall automatically
be converted at the Series A Conversion Price (Rs. 293.86 subject to prescribed adjustments) into equity shares upon the earlier of (i) December
31, 2027; or (ii) immediately prior to the IPO for the purpose of enabling the listing of the shares in accordance with the requirement under the
applicable law. 4) In the event of liquidation, each holder of Series A Preference Shares shall be entitled to receive an amount, per Series A
Preference Share equal to the Original Series A Share Issue Price plus any arrears of declared and accrued but unpaid dividends calculated to the
date of such payment (the Series A Preference Amount), which shall rank pari passu with the Series B Preference Amount and upon receipt of
such Series A Preference Amount by the holders of the SeriesA Preference Shares and upon receipt of the Series B Preference Amount by the
holders of the Series B Preference Shares, any assets or funds remaining and distributable to the shareholders of the Company shall be distributed
pari passu among the holders of the outstanding Series A Preference Shares, Series B Preference Shares, and Equity Shares on a pro-rata, as if
converted basis. 5) Subject to Applicable Laws, the holders of the Series A Preference Shares shall be entitled to receive notice of and vote on all
matters that are submitted to the vote of the shareholders of the Company (including the holders of Equity Shares).


122

1) During the year ended 31 March 2016, the company issued 1,722,047 Series B CCPS of Rs.100 each fully paid-up at a premium of Rs.670 per
share. The Series B Preference Shares are cumulative and issued at a preferential dividend rate of 0.01% (zero point zero one percent) per annum
(the Series B Preferential Dividend). Following the Cut-Off Date, the Series B Preference Shares shall, subject to Applicable Law, carry a
dividend of INR 77 (Indian Rupees Seventy Seven only) per Series B Preference Share per annum and calculated from the beginning of the fourth
(4th) period from Series B Closing. 2) Each Series B CCPS holder is entitled to participate pari-passu in any dividends paid to the holders of the
shares of any other class (including Equity Shares) or series on a pro-rata, as if converted basis. 3) Each Series B CCPS may be converted into
equity shares at any time at the option of the holder of the Series B preference share. 4) Subject to compliance with applicable laws, each Series B
Preference share shall automatically be converted at a conversion price (then in effect) subject to prescribed adjustment, into Equity Shares upon
the earlier of (i) 20 (twenty) years from the date of their issuance, or (ii) immediately prior to the IPO for the purpose of enabling the listing of the
shares in accordance with the requirement under the applicable law. 5) In the event of liquidation, each holder of Series B Preference Shares shall
be entitled to receive an amount per Series B Preference Share equal to the Original Series B Share Issue Price plus any arrears of accumulated
but unpaid dividends calculated to the date of such payment (the Series B Preference Amount), which shall rank pari passu with the Series A
Preference Amount and upon receipt of such Series B Preference Amount by the holders of the Series B Preference Shares and upon receipt of the
Series A Preference Amount by the holders of the Series A Preference Shares, any assets or funds remaining and distributable to the shareholders
of the Company shall be distributed pari passu among the holders of the outstanding Series A Preference Shares, Series B Preference Shares,
Equity Shares on a pro-rata, as if converted basis. However the amount so payable shall not exceed an amount that is higher of 3 (Three) times the
Original Series B Share Issue Price plus any arrears of declared & accured but unpaid dividend calculated to the date of such payment or the
percentage of the proceeds from such deemed liquidation that is equal to the percentage of the share capital of the company on a fully diluted
basis represented by each Series B Preference Share plus any arrears of declared & accured but unpaid dividend calculated to the date of such
payment. 6) Subject to Applicable Laws, the holders of the Series B Preference Shares shall be entitled to receive notice of and vote on all matters
that are submitted to the vote of the shareholders of the Company (including the holders of Equity Shares).

123

124

[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Securities premium account [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period -43,15,08,040 -18,97,94,375 0 0
Other additions to reserves 115,37,94,290 0 (A) 115,37,94,290 0
Total additions to reserves 72,22,86,250 -18,97,94,375 115,37,94,290 0
Total changes in reserves 72,22,86,250 -18,97,94,375 115,37,94,290 0
Reserves at end of period -67,07,39,463 -139,30,25,713 130,68,19,536 15,30,25,246
(A) premium on issue of shares- 1153794290

Securities premium
Components of reserves [Axis] Employee stock options outstanding [Member]
account [Member]
01/04/2015 01/04/2014
31/03/2014 to to 31/03/2014
31/03/2016 31/03/2015
Profit (loss) for period 0 0
Total additions to reserves 0 0
Total changes in reserves 0 0
Reserves at end of period 15,30,25,246 1,76,61,012 1,76,61,012 1,76,61,012
125

Components of reserves [Axis] Other reserves [Member] General reserve [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Profit (loss) for period 0 0 0 0
Total additions to reserves 0 0 0 0
Total changes in reserves 0 0 0 0
Reserves at end of period 84,51,995 84,51,995 84,51,995 84,51,995

General reserve
Components of reserves [Axis] Surplus [Member]
[Member]
01/04/2015 01/04/2014
31/03/2014 to to 31/03/2014
31/03/2016 31/03/2015
Profit (loss) for period -43,15,08,040 -18,97,94,375
Total additions to reserves -43,15,08,040 -18,97,94,375
Total changes in reserves -43,15,08,040 -18,97,94,375
Reserves at end of period 84,51,995 -200,36,72,006 -157,21,63,966 -138,23,69,591
[201000] Notes - Tangible assets
Disclosure of additional information tangible assets [Table] ..(1)

Company total tangible assets
Classes of tangible assets [Axis] Land [Member]
[Member]
Owned and leased assets Owned and leased assets Assets held under lease
Sub classes of tangible assets [Axis]
[Member] [Member] [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of additional information
tangible assets [Abstract]
tangible assets [LineItems]
Written Down Straight Line
Depreciation method tangible assets - - - -
Value Value
Over The
Over The Period
Period Of
Useful lives or depreciation rates Of Lease To
NA NA NA NA Lease To
tangible assets Maximum Of 90
Maximum Of
Years
90 Years
126

Furniture and
Classes of tangible assets [Axis] Buildings [Member] Other building [Member] fixtures
[Member]
Assets held Owned and
Owned and leased assets Owned and leased assets
Sub classes of tangible assets [Axis] under lease leased assets
[Member] [Member]
[Member] [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2015
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2016
Written Down
Depreciation method tangible assets - - - -
Value
-
As prescribed
Useful lives or depreciation rates under schedule II
NA NA NA NA NA
tangible assets to Companies
Act 2013

Motor vehicles
Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
[Member]
Owned and Owned and
Owned and leased assets
Sub classes of tangible assets [Axis] leased assets Owned assets [Member] leased assets
[Member]
[Member] [Member]
01/04/2014
01/04/2014 01/04/2015 01/04/2015 01/04/2014 01/04/2015
to to to to to
to
31/03/2015 31/03/2016 31/03/2016 31/03/2015 31/03/2016
31/03/2015
Straight
Depreciation method tangible assets - Written Down Value
Line Value
- - -
As prescribed under
Useful lives or depreciation rates
NA schedule II to Companies 26.89% NA NA NA
tangible assets Act 2013

Office
Computer equipments
Classes of tangible assets [Axis] Motor vehicles [Member] equipment
[Member]
[Member]
Owned and
Owned assets Owned and leased assets
Sub classes of tangible assets [Axis] leased assets Owned assets [Member]
[Member] [Member]
[Member]
01/04/2014
01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to
to
31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
31/03/2015
Straight Straight Line
Depreciation method tangible assets - Written Down Value
Line Value Value
- -
As prescribed under
Useful lives or depreciation rates
NA schedule II to Companies 25.89% 45.07% NA NA
tangible assets Act 2013
127

Classes of tangible assets [Axis] Computer equipments [Member] Leasehold improvements [Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
[Member]
01/04/2014 01/04/2015
01/04/2015 01/04/2015 01/04/2014 01/04/2014
to to to to
to to
31/03/2016 31/03/2016 31/03/2015 31/03/2015
31/03/2015 31/03/2016
Straight Written
Depreciation method tangible assets Written Down Value
Line Value
- -
Down Value
Straight Line Value
A s
Over The Lease
prescribed
Period Or The
As prescribed under under
Useful lives or depreciation rates Assessed Useful
schedule II to Companies 63.16% NA NA schedule II
tangible assets Lives Of Three
Act 2013 t o
Years Whichever Is
Companies
Lower
Act 2013
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 5,81,29,230 96,19,109 5,81,29,230 96,19,109
assets
Depreciation tangible assets -2,21,58,175 -2,61,53,539 2,21,58,175 2,61,53,539
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
0 23,767 0 44,490 0 20,723
others
Total disposals tangible
0 23,767 0 44,490 0 20,723
assets
Other adjustments tangible
assets [Abstract]
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
3,59,71,055 -1,65,58,197 5,81,29,230 95,74,619 2,21,58,175 2,61,32,816
assets
Tangible assets at end of period 8,11,45,763 4,51,74,706 26,30,59,372 20,49,30,142 18,19,13,609 15,97,55,436
128

Sub classes of tangible assets [Axis] Assets held under lease [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 1,13,74,679 0 1,13,74,679 0
assets
Depreciation tangible assets -67,20,270 -3,70,955 67,20,270 3,70,955
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
46,54,409 -3,70,955 1,13,74,679 0 67,20,270 3,70,955
assets
Tangible assets at end of period 4,29,53,406 3,00,47,333 7,19,60,186 3,33,85,926 2,90,06,780 33,38,593
129

Sub classes of tangible assets [Axis] Owned assets [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 4,67,54,551 96,19,109 4,67,54,551 96,19,109
assets
Depreciation tangible assets -1,54,37,905 -2,57,82,584 1,54,37,905 2,57,82,584
Impairment loss
tangible assets
[Abstract]
0 23,767 0 44,490 0 20,723
others
0 23,767 0 44,490 0 20,723
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
3,13,16,646 -1,61,87,242 4,67,54,551 95,74,619 1,54,37,905 2,57,61,861
assets
Tangible assets at end of period 3,81,92,357 1,51,27,373 19,10,99,186 17,15,44,216 15,29,06,829 15,64,16,843
130

01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 0 0 0 0
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-3,70,955 -3,70,955 0 0 3,70,955 3,70,955
assets
Tangible assets at end of period 2,96,76,378 3,00,47,333 3,33,85,926 3,33,85,926 37,09,548 33,38,593
131

Sub classes of tangible assets [Axis] Assets held under lease [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-3,70,955 -3,70,955 0 0 3,70,955 3,70,955
assets
Tangible assets at end of period 2,96,76,378 3,00,47,333 3,33,85,926 3,33,85,926 37,09,548 33,38,593
132

Classes of tangible assets [Axis] Buildings [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 1,13,74,679 0 1,13,74,679 0
assets
Depreciation tangible assets -63,49,315 0 63,49,315 0
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
50,25,364 0 1,13,74,679 0 63,49,315 0
assets
Tangible assets at end of period 1,32,77,028 0 3,85,74,260 0 2,52,97,232 0
133

Classes of tangible assets [Axis] Buildings [Member] Other building [Member]
Sub classes of tangible assets [Axis] Assets held under lease [Member] Owned and leased assets [Member]
Accumulated
Carrying Gross carrying Gross carrying
Carrying amount accumulated depreciation and gross depreciation
amount amount Carrying amount [Member] amount
carrying amount [Axis] and impairment
[Member]
01/04/2015 01/04/2015 01/04/2015 01/04/2015 01/04/2014 01/04/2015
to to to to to to
31/03/2016 31/03/2016 31/03/2016 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 1,13,74,679 1,13,74,679 1,13,74,679 0 1,13,74,679
assets
Depreciation tangible assets -63,49,315 63,49,315 -63,49,315 0
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
50,25,364 1,13,74,679 63,49,315 50,25,364 0 1,13,74,679
assets
Tangible assets at end of period 1,32,77,028 3,85,74,260 2,52,97,232 1,32,77,028 0 3,85,74,260
134

Classes of tangible assets [Axis] Other building [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Assets held under lease [Member]
Accumulated
Gross carrying Carrying Gross carrying depreciation
Carrying amount accumulated depreciation and gross Accumulated depreciation and
amount amount amount and
carrying amount [Axis] impairment [Member]
[Member] [Member] [Member] impairment
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2015 01/04/2015
to to to to to to
31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2016 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 0 1,13,74,679 1,13,74,679
assets
Depreciation tangible assets 63,49,315 0 -63,49,315 63,49,315
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 63,49,315 0 50,25,364 1,13,74,679 63,49,315
assets
Tangible assets at end of period 0 2,52,97,232 0 1,32,77,028 3,85,74,260 2,52,97,232
135

Classes of tangible assets [Axis] Furniture and fixtures [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 22,28,233 60,587 22,28,233 60,587
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
9,77,465 -16,25,329 22,28,233 60,587 12,50,768 16,85,916
assets
Tangible assets at end of period 37,10,897 27,33,432 2,80,12,307 2,57,84,074 2,43,01,410 2,30,50,642
136

Classes of tangible assets [Axis] Furniture and fixtures [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 22,28,233 60,587 22,28,233 60,587
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
9,77,465 -16,25,329 22,28,233 60,587 12,50,768 16,85,916
assets
Tangible assets at end of period 37,10,897 27,33,432 2,80,12,307 2,57,84,074 2,43,01,410 2,30,50,642
137

Classes of tangible assets [Axis] Vehicles [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
business combinations tangible 42,824 0 42,824 0
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-3,59,049 -5,56,998 42,824 0 4,01,873 5,56,998
assets
Tangible assets at end of period 10,05,914 13,64,963 28,72,392 28,29,568 18,66,478 14,64,605
138

Classes of tangible assets [Axis] Vehicles [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-3,59,049 -5,56,998 42,824 0 4,01,873 5,56,998
assets
139

Classes of tangible assets [Axis] Motor vehicles [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-3,59,049 -5,56,998 42,824 0 4,01,873 5,56,998
assets
140

Classes of tangible assets [Axis] Motor vehicles [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-3,59,049 -5,56,998 42,824 0 4,01,873 5,56,998
assets
141

Classes of tangible assets [Axis] Office equipment [Member] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned and leased assets [Member]
Accumulated
Carrying Gross carrying Gross carrying
Carrying amount accumulated depreciation and gross depreciation
amount amount Carrying amount [Member] amount
carrying amount [Axis] and impairment
[Member]
01/04/2014 01/04/2014 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to to to
31/03/2015 31/03/2015 31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 60,43,010 60,43,010 4,44,83,494 35,15,512 4,44,83,494
assets
Depreciation tangible assets -86,79,843 86,79,843 -1,37,85,264 -1,48,59,827
Impairment loss
tangible assets
[Abstract]
23,767 44,490 20,723 0 0 0
others
23,767 44,490 20,723 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-26,60,600 59,98,520 86,59,120 3,06,98,230 -1,13,44,315 4,44,83,494
assets
Tangible assets at end of period 82,51,664 2,71,99,581 1,89,47,917 3,34,75,545 27,77,314 13,31,99,223
142

Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Gross carrying Gross carrying
amount Carrying amount [Member] amount
[Member] [Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to to to
31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 35,15,512 4,44,83,494 35,15,512 4,44,83,494
assets
Depreciation tangible assets 1,37,85,264 1,48,59,827 -1,37,85,264 -1,48,59,827
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
35,15,512 1,37,85,264 1,48,59,827 3,06,98,230 -1,13,44,315 4,44,83,494
assets
Tangible assets at end of period 8,87,15,729 9,97,23,678 8,59,38,415 3,34,75,545 27,77,314 13,31,99,223
143

Classes of tangible assets [Axis] Computer equipments [Member] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned and leased assets [Member]
[Member] [Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to to to
31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 35,15,512 0 0 0
assets
Depreciation tangible assets 1,37,85,264 1,48,59,827 0 0
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
35,15,512 1,37,85,264 1,48,59,827 0 0 0
assets
Tangible assets at end of period 8,87,15,729 9,97,23,678 8,59,38,415 1 0 2,70,15,264
144

Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
[Member] [Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to to to
31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
assets
Depreciation tangible assets 0 0 0 0
Impairment loss
tangible assets
[Abstract]
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 0 0 0 0 0
assets
Tangible assets at end of period 2,70,15,264 2,70,15,263 2,70,15,264 1 0 2,70,15,264
145

Classes of tangible assets [Axis] Leasehold improvements [Member]
Gross carrying Accumulated depreciation and
Carrying amount accumulated depreciation and gross carrying amount [Axis]
amount [Member] impairment [Member]
01/04/2014 01/04/2015 01/04/2014
to to to
31/03/2015 31/03/2016 31/03/2015
Disclosure of tangible assets [LineItems]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations tangible
0
assets
Depreciation tangible assets 0 0
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
0 0
tangible assets
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0 0 0
Total disposals tangible assets 0 0 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 0 0 0
Tangible assets at end of period 2,70,15,264 2,70,15,263 2,70,15,264
146
[201100] Notes - Intangible assets
Disclosure of intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
business combinations 1,46,322 1,16,42,742 1,46,322 1,16,42,742
intangible assets
Total additions to
1,46,322 1,16,42,742 1,46,322 1,16,42,742
intangible assets
Amortization intangible assets -40,51,299 -37,47,801 40,51,299 37,47,801
Impairment loss
loss intangible assets
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 0 0 0
assets, others
Total disposals intangible
0 0 0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
0 0 0 0
intangible assets, others
0 0 0 0
intangible assets
Total changes in intangible
-39,04,977 78,94,941 1,46,322 1,16,42,742 40,51,299 37,47,801
assets
Intangible assets at end of period 61,20,917 1,00,25,893 12,92,41,976 12,90,95,654 12,31,21,059 11,90,69,761
147

Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
[Abstract]
business combinations 0 1,05,00,000 0 1,05,00,000
intangible assets
Total additions to
0 1,05,00,000 0 1,05,00,000
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-31,47,779 78,47,945 0 1,05,00,000 31,47,779 26,52,055
assets
Intangible assets at end of period 47,00,166 78,47,946 10,65,36,052 10,65,36,052 10,18,35,886 9,86,88,106
148

Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
[Abstract]
business combinations 1,46,322 11,42,742 1,46,322 11,42,742
intangible assets
Total additions to
1,46,322 11,42,742 1,46,322 11,42,742
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-7,57,198 46,996 1,46,322 11,42,742 9,03,520 10,95,746
assets
149

Classes of intangible assets [Axis] Computer software [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
1,46,322 11,42,742 1,46,322 11,42,742
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-7,57,198 46,996 1,46,322 11,42,742 9,03,520 10,95,746
assets
150

Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
1,46,322 11,42,742 1,46,322 11,42,742
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-7,57,198 46,996 1,46,322 11,42,742 9,03,520 10,95,746
assets
151

Classes of intangible assets [Axis] Other intangible assets [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
0 1,05,00,000 0 1,05,00,000
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-31,47,779 78,47,945 0 1,05,00,000 31,47,779 26,52,055
assets
152

Classes of intangible assets [Axis] Other intangible assets [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
0 1,05,00,000 0 1,05,00,000
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-31,47,779 78,47,945 0 1,05,00,000 31,47,779 26,52,055
assets
153

Classes of intangible assets [Axis] Other intangible assets, others [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
Nature of other intangible assets 0.00 0.00 0.00 0.00 0.00 0.00
[Abstract]
[Abstract]
intangible assets
Total additions to
0 1,05,00,000 0 1,05,00,000
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-31,47,779 78,47,945 0 1,05,00,000 31,47,779 26,52,055
assets
154

Classes of intangible assets [Axis] Other intangible assets, others [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
[LineItems]
Nature of other intangible assets 0.00 0.00 0.00 0.00 0.00 0.00
[Abstract]
[Abstract]
intangible assets
Total additions to
0 1,05,00,000 0 1,05,00,000
intangible assets
Impairment loss
intangible assets
[Abstract]
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
assets [Abstract]
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-31,47,779 78,47,945 0 1,05,00,000 31,47,779 26,52,055
assets
Disclosure of additional information intangible assets [Table] ..(1)

Company total intangible assets
[Member]
Internally generated and other Internally generated and other
Intangible assets other than
Sub classes of intangible assets [Axis] than internally generated than internally generated
internally generated [Member]
intangible assets [Member] intangible assets [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
intangible assets [LineItems]
Useful lives or amortization rates
NA NA NA NA 10 years 10 years
intangible assets
Description of amortization method Written Down Written Down
- - - -
used Value Value
155
Disclosure of additional information intangible assets [Table] ..(2)

Classes of intangible assets [Axis] Other intangible assets [Member] Other intangible assets, others [Member]
Internally generated and other Internally generated and other
Internally generated intangible
Sub classes of intangible assets [Axis] than internally generated than internally generated
assets [Member]
intangible assets [Member] intangible assets [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016 31/03/2015
intangible assets [LineItems]
Useful lives or amortization rates
NA NA NA NA 10 years 10 years
intangible assets
Description of amortization method Written Down Written Down
- - - -
used Value Value
[200400] Notes - Non-current investments
Details of non-current investments [Table] ..(1)

Classification of non-current investments [Axis] 1 2
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Non-current investments [Abstract]
Disclosure of details of non-current investments
[Abstract]
Details of non-current investments [LineItems]
Investment in Investment in Investment in Investment in
Type of non-current investments subsidiaries equity subsidiaries equity subsidiaries equity subsidiaries equity
instruments instruments instruments instruments
Class of non-current investments Other investments Other investments Other investments Other investments
Unquoted equity Unquoted equity Unquoted equity Unquoted equity
Nature of non-current investments instruments instruments instruments instruments
Non-current investments (A) 0 (B) 0 (C) 0 (D) 0
Tradezeal Tradezeal
Name of body corporate in whom investment has HelloTrade Online HelloTrade Online
International Private International Private
been made Private Limited Private Limited
Limited Limited
Footnotes
(A) 109,900 (31 March 2015: 109,900) equity shares of Rs. 10 each in Tradezeal International Private Limited 1,099,000 Less: Provision
for diminution in value of Investment in subsidiaries 1,099,000
(B) 109,900 (31 March 2014: 109,900) equity shares of Rs. 10 each in Tradezeal International Private Limited 1,099,000 Less: Provision
for diminution in value of Investment in subsidiaries 1,099,000
(C) 9,900 (31 March 2015: 9,900) equity shares of Rs. 10 each in HelloTrade Online Private Limited 99,000 Less: Provision for
diminution in value of Investment in subsidiaries 99,000
(D) 9,900 (31 March 2014: 9,900) equity shares of Rs. 10 each in HelloTrade Online Private Limited 99,000 Less: Provision for
diminution in value of Investment in subsidiaries 99,000
156

Classification of non-current investments [Axis] 3 4
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of details of non-current investments
[Abstract]
Investment in Investment in Investment in Investment in
Type of non-current investments subsidiaries equity subsidiaries equity subsidiaries equity subsidiaries equity
instruments instruments instruments instruments
Class of non-current investments Other investments Other investments Other investments Other investments
Unquoted equity Unquoted equity Unquoted equity Unquoted equity
Nature of non-current investments instruments instruments instruments instruments
Non-current investments 6,00,000 6,00,000 53,86,00,000 8,01,00,000
Name of body corporate in whom investment has Ten Times Online Ten Times Online Tolexo Online Tolexo Online Private
been made Private Limited Private Limited Private Limited Limited

Classification of non-current investments [Axis] 5
01/04/2015
to
31/03/2016
Disclosure of details of non-current investments [Abstract]
Investment in
Type of non-current investments subsidiaries equity
instruments
Class of non-current investments Other investments
Unquoted equity
Nature of non-current investments instruments
Non-current investments (A) 32,10,00,000
Tolexo Online
Name of body corporate in whom investment has been made Private Limited
Footnotes
(A) 5,750,000 (31 March 2015: Nil) Optionally Convertible Redeemable Preference Shares of Rs. 10 each in Tolexo Online Private
Limited- 57500000 2,635,000 (31 March 2015: Nil) Optionally Convertible Redeemable Preference Shares of Rs. 10 each in Tolexo
Online Private Limited- 263500000
31/03/2016 31/03/2015
Disclosure of notes on non-current investments explanatory [TextBlock]
Aggregate amount of quoted non-current investments 0 0
Market value of quoted non-current investments 0 0
Aggregate amount of unquoted non-current investments 86,02,00,000 8,07,00,000
Aggregate provision for diminution in value of non-current investments 0 0
157
[200500] Notes - Current investments
Details of current investments [Table] ..(1)

Classification of current investments [Axis] 1 2
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Current investments [Abstract]
Disclosure of details of current investments
[Abstract]
Details of current investments [LineItems]
Investments in Investments in mutual Investments in Investments in mutual
Type of current investments mutual funds funds mutual funds funds
Class of current investments Current investments Current investments Current investments Current investments
Unquoted Unquoted
Nature of current investments investment
Unquoted investment
investment
Unquoted investment
Current investments 0 0 2,07,04,274 61,04,274

lower of cost and lower of cost and fair lower of cost and lower of cost and fair
Basis of valuation of current investments fair value value fair value value
Name of body corporate in whom investment has HDFC High Interest HDFC High Interest HDFC Prudence
HDFC Prudence Fund
been made Fund Fund Fund

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Unquoted Unquoted
Unquoted investment
investment
Unquoted investment
Current investments 2,15,00,567 41,00,567 5,37,77,659 18,29,25,771

Name of body corporate in whom investment has HDFC Top 200
HDFC Top 200 Fund HDFC Liquid Fund HDFC Liquid Fund
been made Fund

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Unquoted Unquoted
Unquoted investment
investment
Unquoted investment
Current investments 3,73,69,338 2,50,79,551 0 0

Name of body corporate in whom investment has IDFC Premier IDFC Premier Equity IDFC Dynamic IDFC Dynamic Bond
been made Equity Fund Fund Bond Fund Fund
158

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Current portion of
Current portion of
Class of current investments long-term
long-term investments
Current investments Current investments
investments
Unquoted Unquoted
Unquoted investment
investment
Unquoted investment
Current investments 4,46,00,000 2,15,00,000 7,00,00,000 0

Name of body corporate in whom investment has Birla Sunlife Birla Sunlife Frontline Birla Sunlife Short Birla Sunlife Short
been made Frontline Eq Fund Eq Fund Term Opp Plan Term Opp Plan

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Unquoted Unquoted
Unquoted investment
investment
Unquoted investment
Current investments 0 16,21,36,550 0 42,93,040

Name of body corporate in whom investment has Franklin Temp (I) IDFC Dynamic IDFC Dynamic Bond
Franklin Temp (I) ST
been made ST Bond Fund Fund

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Current portion of Current portion of
Current portion of Current portion of
Class of current investments long-term
long-term
investments investments
Unquoted Unquoted
Unquoted investment
investment
Unquoted investment
Current investments 0 2,00,00,000 35,92,684 17,39,43,624

Name of body corporate in whom investment has Birla Sun Life Cash Birla Sun Life Cash
HDFC Gilt Fund HDFC Gilt Fund
been made Plus Plus
159

Classification of current investments [Axis] 13 14 15 16
01/04/2015 01/04/2015 01/04/2015 01/04/2015
to to to to
31/03/2016 31/03/2016 31/03/2016 31/03/2016
[Abstract]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Nature of current investments Unquoted investment Unquoted investment Unquoted investment Unquoted investment
Current investments 1,07,39,654 28,82,732 22,30,00,000 20,00,00,000
lower of cost and fair lower of cost and fair lower of cost and fair lower of cost and fair
Basis of valuation of current investments value value value value
Name of body corporate in whom investment has HDFC Short Term IDFC Money HDFC Floating Rate Birla Sun Life
been made Plan- Growth Manager Income Fund Treasury Plan-Grow

Classification of current investments [Axis] 17 18 19 20
01/04/2015 01/04/2015 01/04/2015 01/04/2015
to to to to
31/03/2016 31/03/2016 31/03/2016 31/03/2016
[Abstract]
Investments in Investments in Investments in Investments in
Type of current investments mutual funds mutual funds mutual funds mutual funds
Nature of current investments Unquoted investment Unquoted investment Unquoted investment Unquoted investment
Current investments 9,00,00,000 17,00,00,000 17,00,00,000 (A) 4,41,42,551
lower of cost and fair lower of cost and fair lower of cost and fair lower of cost and fair
Basis of valuation of current investments value value value value
IDFC Super Saver Birla Sun Life
Name of body corporate in whom investment has IDFC ultra short HDFC Short Term
Income Fund - Short Treasury Cash
been made term fund Opportunities Fund
Term Plan Plus-Grow
Footnotes
(A) 449,425 Units (31 March 2015: Nil) Birla Sun Life Floating Rate Fund Short Term Plan Growth- 90000000 Less: Provision for
diminution in value of Investment in Mutual Funds- 1431502

Classification of current investments [Axis] 021
01/04/2015
to
31/03/2016
Disclosure of details of current investments [Abstract]
Investments in
Type of current investments mutual funds
Class of current investments Current investments
Unquoted
Current investments 8,85,68,498
lower of cost and
Basis of valuation of current investments fair value
Birla Sun Life
Floating Rate Fund
Name of body corporate in whom investment has been made Short Term Plan
Growth
160

31/03/2016 31/03/2015
Disclosure of notes on current investments explanatory [TextBlock]
Aggregate amount of quoted current investments 0 0
Market value of quoted current investments 0 0
Aggregate amount of unquoted current investments 125,08,77,957 60,00,83,377
Aggregate provision for diminution in value of current investments 14,31,502 0
[200600] Notes - Subclassification and notes on liabilities and assets
Disclosure of breakup of provisions [Table] ..(1)

Classification based on time period [Axis] Short-term [Member]
31/03/2016 31/03/2015
Subclassification and notes on liabilities and assets [Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity (A) 1,24,32,153 (B) 2,43,85,301
Provision leave encashment 2,14,80,442 1,95,73,509
Total provisions for employee benefits 3,39,12,595 4,39,58,810
CSR expenditure provision 0 0
Total provisions 3,39,12,595 4,39,58,810
Footnotes
(A) (note 23) : 12432153
(B) (note 23) : 24385301
Loans and advances [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Loans and advances [Member] Capital advances [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 5,16,47,352 4,29,61,476 23,20,517 0
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 5,16,47,352 4,29,61,476 23,20,517 0
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
0 0 0 0
which any director is partner
Total loans and advances due
by firms or companies in which
0 0 0 0
any director is partner or
director
161

Loans advances given employees
Classification of loans and advances [Axis] Security deposits [Member]
[Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances, gross 4,71,91,380 3,83,98,367 (A) 3,30,522 (B) 13,25,583
0 0 0 0
advances
Loans and advances 4,71,91,380 3,83,98,367 3,30,522 13,25,583
[Abstract]
0 0 0 0
0 0 0 0
director
Footnotes
(A) *Represents interest free loans to employees, which is recoverable in maximum 24 monthly instalments. : 330522
(B) *Represents interest free loans to employees, which is recoverable in maximum 24 monthly instalments. : 1325583

Classification of loans and advances [Axis] Other loans and advances [Member] Prepaid expenses [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances, gross 18,04,933 32,37,526 18,04,933 32,37,526
0 0 0 0
advances
Loans and advances 18,04,933 32,37,526 18,04,933 32,37,526
[Abstract]
0 0 0 0
0 0 0 0
director
162

Loans advances given employees
Classification of loans and advances [Axis] Loans and advances [Member]
[Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances, gross 10,77,83,596 8,91,67,465 (A) 94,27,369 (B) 54,43,551
0 0 0 0
advances
Loans and advances 10,77,83,596 8,91,67,465 94,27,369 54,43,551
[Abstract]
0 0 0 0
0 0 0 0
director
Footnotes
(A) *Represents interest free loans to employees, which is recoverable in maximum 24 monthly instalments. : 9427369
(B) *Represents interest free loans to employees, which is recoverable in maximum 24 monthly instalments. : 5443551

Classification of loans and advances [Axis] Other loans and advances [Member] Prepaid expenses [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances, gross 9,83,56,227 8,37,23,914 1,36,52,558 1,57,21,444
0 0 0 0
advances
Loans and advances 9,83,56,227 8,37,23,914 1,36,52,558 1,57,21,444
[Abstract]
0 0 0 0
0 0 0 0
director
163

Classification of loans and advances [Axis] Advance tax [Member] Tax deducted at source [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances, gross 7,22,15,342 5,80,83,354 7,22,15,342 5,80,83,354
0 0 0 0
advances
Loans and advances 7,22,15,342 5,80,83,354 7,22,15,342 5,80,83,354
[Abstract]
0 0 0 0
0 0 0 0
director

Deposits with statutory authorities Other loans and advances, others
Classification of loans and advances [Axis]
[Member] [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances, gross (A) 34,56,344 (B) 51,79,543 (C) 90,31,983 (D) 47,39,573
0 0 0 0
advances
Loans and advances 34,56,344 51,79,543 90,31,983 47,39,573
[Abstract]
0 0 0 0
0 0 0 0
director
Footnotes
(A) Balances with statutory/ government authorities : 3456344
(B) Balances with statutory/ government authorities : 5179543
(C) Advances recoverable in cash or kind or for value to be received : 9031983
(D) Advances recoverable in cash or kind or for value to be received : 4739573
164
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 50,43,859 43,02,130 (A) 50,43,859 (B) 43,02,130
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 50,43,859 43,02,130 50,43,859 43,02,130
Details of trade receivables due by
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Total trade receivables due by firms
or companies in which any director is 0 0
partner or director
Footnotes
(A) Other receivables- 1735682 Amount recoverable from related party- 3308177
(B) Other receivables- 4302130
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member]
31/03/2016 31/03/2015
Subclassification and notes on liabilities and assets [Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 0 0
165

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Others long-term, others 79,49,93,248 53,53,55,873
Total others, long-term 79,49,93,248 53,53,55,873
Total other long-term liabilities 79,49,93,248 53,53,55,873
Current maturities of long-term debt 0

(A) 5,69,318
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and
0 0
due for refund, principal
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Service tax payable 18,44,409 0
Taxes payable other tax (B) 1,60,98,179 (C) 1,37,79,498

Security deposits refundable, current 1,36,501 1,42,119
Total deposits refundable current 1,36,501 1,42,119
Public deposit payable, current 0 0
Total other payables, current 1,80,79,089 1,39,21,617
Advance received from customers 20,18,92,750 15,74,26,111
Short-term employee related liabilities (D) 32,856 (E) 4,70,471

Contribution to provident fund scheme 19,78,900 16,91,937
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others (F) 122,43,34,367 (G) 92,78,37,100
Total other current liabilities 144,63,17,962 110,19,16,554
Other non-current assets, others (H) 11,35,24,280 (I) 10,45,29,567

Total other non-current assets 11,35,24,280 10,45,29,567
Non-current bank
balances
Non-current bank
Nature of other non-current assets, others balances
Aggregate amount of trade receivables outstanding for period

0 0
exceeding six months
Fixed deposits with banks 0 0
Other balances with banks (J) 2,07,26,322 (K) 1,74,99,590

Total balance with banks 2,07,26,322 1,74,99,590
Cheques, drafts on hand 9,44,54,422 7,55,34,942
Cash on hand 16,145 1,93,590
Total cash and cash equivalents 11,51,96,889 9,32,28,122
Total cash and bank balances 11,51,96,889 9,32,28,122
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than twelve months maturity 0 0
Other current assets, others (L) 93,97,210

0
Total other current assets 93,97,210 0
166
Footnotes
(A) Current maturities of long-term borrowings- 569318
(B) Tax deducted at source payable : 15885095 Professional tax payable : 213084
(C) Tax deducted at source payable : 13589302 Professional tax payable : 190196
(D) Payable to employees (against insurance claims) : 32856
(E) Payable to employees (against insurance claims) : 470471
(F) Deferred Revenue : 1224178122 Contribution to ESI payable : 135445 Payable for Labour Welfare Fund : 20800
(G) Deferred Revenue : 927635279 Contribution to ESI payable : 191317 Payable for Labour Welfare Fund : 10504
(H) Non-current bank balances (Note 15) : 113524280
(I) Non-current bank balances (Note 15) : 104529567
(J) On current accounts : 20726322
(K) On current accounts : 17499590
(L) Amount recoverable from Payment Gateway banks- 9397210
[200700] Notes - Additional disclosures on balance sheet

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of additional balance sheet notes explanatory [TextBlock]
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
[INR/shares] 0 [INR/shares] 0
shareholders
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, No No
2014
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2015
to
31/03/2016
Disclosure of accounting policies, change in accounting policies and Textual information (52)
changes in estimates explanatory [TextBlock] [See below]
167
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1. Corporate Information
IndiaMART Intermesh Limited (the Company) was incorporated on September 13, 1999. Company is e-marketplace for business needs,
which acts as an interactive hub for domestic and international buyers and suppliers.
2. Basis for preparation
The financial statements of the company have been prepared in accordance with the generally accepted accounting principles in India (Indian
GAAP). The company has prepared these financial statements to comply in all material respects with the accounting standards notified under
section 133 of the Companies Act 2013, read together with paragraph 7 of the Companies (Accounts) Rules 2014. The financial statements have
been prepared on an accrual basis and under the historical cost convention.
The accounting policies adopted in the preparation of financial statement are consistent with those of previous year.
2.1 SIGNIFICANT ACCOUNTING POLICIES
(a) Use of estimates
The preparation of financial statements in conformity with Indian GAAP requires the management to make judgments, estimates and
assumptions that affect the reported amounts of revenues, expenses for the reporting period, assets, liabilities and the disclosure of contingent
liabilities, as at the end of there porting period. Although these estimates are based on the managements best knowledge of current events and
actions, however actual results could differ from these estimates.
(b) Tangible Fixed Assets
Fixed assetsare stated at cost net of accumulated depreciation and accumulated impairment losses, if any. The cost comprises purchase price, and
directly attributable cost of bringing the asset to its working condition for the intended use. Any trade discounts and rebates are deducted in
arriving at the purchase price.
Subsequent expenditure related to an item of fixed asset is added to its book value only if it increases the future benefits from the existing asset
beyond its previously assessed standard of performance. All other expenses on existing fixed assets, including day-to-day repair and
maintenance expenditure and cost of replacing parts, are charged to the statement of profit and loss for the period during which such expenses
are incurred.
Gains or losses arising from de-recognition of fixed assets are measured as the difference between the net disposal proceeds and the carrying
amount of the asset and are recognized in the statement of profit and loss when the asset is derecognized.
(c) Depreciation on tangible fixed assets
Leasehold land is amortized over the period of lease to maximum of 90 years.
Depreciation on fixed assets is calculated on a written down value basis using the rates arrived at based on the useful lives prescribed under
schedule II to Companies Act, 2013. The company has used the following rates to provide depreciation on its fixed assets.
168
Categories Annual rate
Computers 63.16%
Furniture and fittings 26.89%
Office equipment 45.07%
Vehicles 25.89%
Leasehold improvements are depreciated on a straight line basis over the lease period or the assessed useful lives of three years, whichever is
lower.
(d) Intangible assets
Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets are carried at cost
less accumulated amortization and accumulated impairment losses, if any. Internally generated intangible assets, excluding capitalized
development costs, are not capitalized and expenditure is reflected in the statement of profit and loss in the year in which the expenditure is
incurred.
The company uses a rebuttable presumption that the useful life of an intangible asset will not exceed ten years from the date when the asset is
available for use. If the persuasive evidence exists to the affect that useful life of an intangible asset exceeds ten years, the company amortizes
the intangible asset over the best estimate of its useful life. Such intangible assets and intangible assets not yet available for use are tested for
impairment annually, either individually or at the cash-generating unit level. All other intangible assets are assessed for impairment whenever
there is an indication that the intangible asset may be impaired.
The amortization period and the amortization method are reviewed at least at each financial year end. If the expected useful life of the asset is
significantly different from previous estimates, the amortization period is changed accordingly. If there has been a significant change in the
expected pattern of economic benefits from the asset, the amortization method is changed to reflect the changed pattern. Such changes are
accounted for in accordance with AS 5Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies.
The company has adopted component accounting as required under Schedule II to the Companies Act, 2013.The company identifies the
components separately, if it has useful life different from the respective fixed asset.
Based on the analysis, Company believes that it does not have any asset having useful life ofits major components different from the fixed
assets, hence Company believes that there is no material impact on the financial statement of the Company due to component accounting.
Gains or losses arising from derecognition of an intangible asset are measured as the difference between the net disposal proceeds and the
carrying amount of the asset and are recognized in the statement of profit and loss when the asset is derecognized.
i) Unique telephone numbers are capitalized at cost and amortized on a written down value @ 40% annually.
ii) Intangibles being Software acquired by the company which provide long term benefits to the company are capitalized at cost and amortized
on a written down value @ 40% annually.
169
(e) Leases
Where the company is lessee
Finance leases, which effectively transfer to the company substantially all the risks and benefits incidental to ownership of the leased item, are
capitalized at the inception of the lease term at the lower of the fair value of the leased property and present value of minimum lease payments.
Lease payments are apportioned between the finance charges and reduction of the lease liability so as to achieve a constant rate of interest on the
remaining balance of the liability. Finance charges are recognized as finance costs in the statement of profit and loss. Lease management fees,
legal charges and other initial direct costs of lease are capitalized.
A leased asset is depreciated on a straight-line basis over the useful life of the asset. However, if there is no reasonable certainty that the
company will obtain the ownership by the end of the lease term, the capitalized asset is depreciated on a straight-line basis over the shorter of the
estimated useful life of the asset or the lease term.
Leases, where the lessor effectively retains substantially all the risks and benefits of ownership of the leased item, are classified as operating
leases. Operating lease payments are recognized as an expense in the statement of profit and loss on a straight-line basis over the lease term.
(f) Borrowing costs
Borrowing cost includes interest and amortization of ancillary costs incurred in connection with the arrangement of borrowings.
Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time
to get ready for its intended use or sale are capitalized as part of the cost of the respective asset. All other borrowing costs are expensed in the
period they occur.
(g) Impairment of tangible and intangible assets
The company assesses at each reporting date whether there is an indication that an asset may be impaired. If any indication exists, or when
annual impairment testing for an asset is required, the company estimates the assets recoverable amount. An assets recoverable amount is the
higher of an assets or cash-generating units (CGU) net selling price and its value in use. The recoverable amount is determined for an
individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets.
Where the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its
recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate
that reflects current market assessments of the time value of money and the risks specific to the asset. In determining net selling price, recent
market transactions are taken into account, if available. If no such transactions can be identified, an appropriate valuation model is used.
The company bases its impairment calculation on detailed budgets and forecast calculations which are prepared separately for each of the
companys cash-generating units to which the individual assets are allocated. These budgets and forecast calculations are generally covering a
period of five years. For longer periods, a long term growth rate is calculated and applied to project future cash flows after the fifth year.
Impairment losses if any, of continuing operations are recognized in the statement of profit and loss. After impairment, depreciation is provided
on the revised carrying amount of the asset over its remaining useful life.
An assessment is made at each reporting date as to whether there is any indication that previously recognized impairment losses may no longer
exist or may have decreased. If such indication exists, the company estimates the assets or cash-generating units recoverable amount. A
previously recognized impairment loss is reversed only if there has been a change in the assumptions used to determine the assets recoverable
amount since the last impairment loss was recognized. The reversal is limited so that the carrying amount of the asset does not exceed its
recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been
recognized for the asset in prior years. Such reversal is recognized in the statement of profit and loss unless the asset is carried at a revalued
amount, in which case the reversal is treated as a revaluation increase.
(h) Investments
170
Investments, which are readily realizable and intended to be held for not more than one year from the date on which such investments are made,
are classified as current investments. All other investments are classified as long-term investments.
On initial recognition all investment, all investments are measured at cost. The cost comprises purchase price and directly attributable
acquisition charges such as brokerage, fees and duties.
Current investments are carried in the financial statement at lower of cost and fair value determined on an individual investment basis.
Long-term investments are carried at cost. However, provision for diminution in value is made to recognize a decline other than temporary in the
value of the investments.
On disposal of an investment, the difference between its carrying amount and net disposal proceed is charged or credited to the statement of
profit and loss.
(i) Revenue recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably
measured. The following specific recognition criteria must also be met before revenue is recognized.
Income from Services
Revenue from development, hosting and promotion of web catalogs are recognized pro-rata over the period of the contract as and when services
are rendered. Revenues from lead based services are recognized as and whenleads are consumed by the customer. The Company collects service
tax on behalf of the government and, therefore, it is not an economic benefit flowing to the Company. Hence, it is excluded from revenue.
The unaccrued amounts are not recognized as revenue till all obligation are fulfilled and are reflected in balance sheet as deferred revenue
(income received in advance).
Interest
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the applicable interest rate. Interest
income is included under the head other income in the statement of profit and loss.
Dividends
Dividend from investments is recognized when the right to receive the payment is established and when no significant uncertainty as to
measurability or collectability exists.
(j) Foreign currency translation
Foreign currency transactions and balances
(i) Initial Recognition
Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency amount the exchange rate between the
reporting currency and the foreign currency at the date of the transaction.
(ii) Conversion
171
Foreign currency monetary items are retranslated using the exchange rate prevailing at the reporting date.
(iii)Exchange differences
(k) Retirement and other employee benefits
Retirement benefit in the form of provident fund is a defined contribution scheme. The company has no obligation, other than the contribution
payable to the provident fund. The company recognizes contribution payable to the provident fund scheme as expenditure, when an employee
renders the related service. If the contribution payable to the scheme for service received before the balance sheet date exceeds the contribution
already paid, the deficit payable to the scheme is recognized as a liability after deducting the contribution already paid. If the contribution
already paid exceeds the contribution due for services received before the balance sheet date, then excess is recognized as an asset to the extent
that the pre-payment will lead to, for example, a reduction in future payment or a cash refund.
The company operates only one defined benefit plan for its employees, i.e. gratuity. The costs of providing benefits under this plan are
determined on the basis of actuarial valuation at each year-end. Actuarial valuation is carried out for plan using the projected unit credit method.
Actuarial gain or loss for defined benefit plan is recognized in full in the period in which it occur, in the statement of profit and loss.
Accumulated leave, which is expected to be utilized within the next 12 months, is treated as short-term employee benefit. The company
measures the expected cost of such absences as the additional amount that it expects to pay as a result of the unused entitlement that has
accumulated at the reporting date.
The company treats accumulated leave expected to be carried forward beyond twelve months, as long-term employee benefit for measurement
purposes. Such long-term compensated absences are provided for based on the actuarial valuation using the projected unit credit method at the
year-end. Actuarial gains/losses are immediately taken to the statement of profit and loss and are not deferred. The company presents the leave
as a current liability in the balance sheet; to the extent it does not have an unconditional right to defer its settlement for 12 months after the
reporting date. Where company has the unconditional legal and contractual right to defer the settlement for a period beyond 12 months, the same
is presented as non-current liability.
(l) Income taxes
Tax expense comprises current and deferred tax. Current income-tax is measured at the amount expected to be paid to the tax authorities in
accordance with the Income-tax Act, 1961 enacted in India. The tax rates and tax laws used to compute the amount are those that are enacted or
substantively enacted, at the reporting date. Current income tax relating to items recognized directly in equity is recognized in equity and not in
the statement of profit and loss.
Deferred income taxes reflect the impact of timing differences between taxable income and accounting income originating during the current
year and reversal of timing differences for the earlier years. Deferred tax is measured using the tax rates and the tax laws enacted or
substantively enacted at the reporting date. Deferred income tax relating to items recognized directly in equity is recognized in equity and not in
the statement of profit and loss.
Deferred tax liabilities are recognized for all taxable timing differences. Deferred tax assets are recognized for deductible timing differences only
to the extent that there is reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be
realized. In situations where the company has unabsorbed depreciation or carry forward tax losses, all deferred tax assets are recognized only if
there is virtual certainty supported by convincing evidence that they can be realized against future taxable profits.In situations where the
company has carry forward tax losses on account of long term capital losses (which can be set off only against the income arising under the head
Capital gains) deferred tax assets arising on such losses are recognized only if virtual certainty supported by convincing evidence that sufficient
future taxable income will be available under the head capital gains against which the loss can be set off.
The company restricts recognition of deferred tax assets to the extent that it has become reasonably certain or virtually certain, as the case may
be, that sufficient future taxable income will be available against which such deferred tax assets can be realized. For recognition of deferred
taxes, the timing differences which originate first are considered to reverse first.
At each reporting date, the company re-assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax asset to the extent that
it has become reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available against which
such deferred tax assets can be realized.
172
The carrying amount of deferred tax assets are reviewed at each reporting date. The company writes-down the carrying amount of deferred tax
asset to the extent that it is no longer reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be
available against which deferred tax asset can be realized. Any such write-down is reversed to the extent that it becomes reasonably certain or
virtually certain, as the case may be, that sufficient future taxable income will be available.
(m) Employee stock compensation cost:
Measurement and disclosure of the employee share-based payment plans is done in accordance with the Guidance Note on Accounting for
Employee Share-based Payments, issued by the Institute of Chartered Accountant of India. The Company measures compensation cost relating
to employee stock options using the intrinsic value method. Compensation expenses are amortized over the vesting period of the option on a
straight line basis.
(n) Segment reporting
Identification of segments:
The company activities of providing e marketplace for business goods is considered to be a single business segment. The analysis of
geographical segments is based on the areas in which customers are based.
Segment Policies:
The company prepares its segment information in conformity with the accounting policies adopted for preparing and presenting the financial
statements of the company as a whole.
(o) Earnings pershare (EPS)
Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders (after deducting
preference dividends and taxes attributable) by the weighted average number of equity shares outstanding during the period, adjusted for bonus
issues, share splits, if any.
For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity shareholders and the weighted
average number of shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares.
(p) Provisions
A provision is recognized when the company has a present obligation as a result of past event, it is probable that an outflow of resources
embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
Provisions are not discounted to their present value and are determined based on the best estimate required to settle the obligation at the
reporting date. These estimates are reviewed at each reporting date and adjusted to reflect the current best estimates.
(q) Contingent liabilities
A contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the occurrence or
non-occurrence of one or more uncertain future events beyond the control of the company or a present obligation that is not recognized because
it is not probable that an outflow of resources will be required to settle the obligation. A contingent liability also arises in extremely rare cases
where there is a liability that cannot be recognized because it cannot be measured reliably. The company does not recognize a contingent liability
but discloses its existence in the financial statements.
(r) Cash and cash equivalents
173
Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank and in hand and short-term investments with an
original maturity of three months or less.
[201700] Notes - Government grants

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
174
[201200] Notes - Employee benefits
Disclosure of defined benefit plans [Table] ..(1)

Defined benefit plans [Axis] Domestic defined benefit plans [Member]
Defined benefit plans categories [Axis] Gratuity
01/04/2015 01/04/2014
to to 31/03/2014
31/03/2016 31/03/2015
Disclosure of defined benefit plans [Abstract]
Disclosure of defined benefit plans [LineItems]
Reconciliation of changes in present value of defined benefit
obligation [Abstract]
Changes in defined benefit obligation, at present value
[Abstract]
Increase (decrease) through current service cost, defined
71,87,266 56,09,201
benefit obligation, at present value
Increase (decrease) through interest cost, defined benefit
27,88,531 14,34,194
obligation, at present value
Increase (decrease) through actuarial losses (gains),
-39,43,608 -1,33,33,877
defined benefit obligation, at present value
Decrease through benefits paid, defined benefit obligation,
47,53,600 29,01,963
at present value
Total changes in defined benefit obligation, at present value 91,65,805 1,74,75,309
Defined benefit obligation, at present value at end of period 4,51,46,844 3,59,81,039 1,85,05,730
Reconciliation of changes in fair value of plan assets [Abstract]
Changes in plan assets, at fair value [Abstract]
Increase (decrease) through actuarial gains (losses),
-1,71,063 11,14,740
plan assets, at fair value
Increase (decrease) through expected return, plan
10,43,616 2,38,043
assets, at fair value
Decrease through benefits paid, plan assets, at fair value 47,53,600 29,01,963
Increase (decrease) through contributions by employer,
2,50,00,000 1,05,00,000
plan assets, at fair value
Total changes in plan assets, at fair value 2,11,18,953 89,50,820
Plan assets, at fair value at end of period 3,27,14,691 1,15,95,738 26,44,918
Recognised assets and liabilities of defined benefit plans
[Abstract]
Recognised liabilities, defined benefit plan 4,51,46,844 3,59,81,039
Recognised assets, defined benefit plan 3,27,14,691 1,15,95,738
Net liability (asset) of defined benefit plans 1,24,32,153 2,43,85,301
Reconciliation of liability asset of defined benefit plans
[Abstract]
Defined benefit obligation, at present value 4,51,46,844 3,59,81,039 1,85,05,730
Plan assets, at fair value 3,27,14,691 1,15,95,738 26,44,918
Net liability (asset) of defined benefit plans 1,24,32,153 2,43,85,301
Recognised expense of defined benefit plans [Abstract]
Current service cost, defined benefit plan 71,87,266 56,09,201
Interest cost, defined benefit plan 27,88,531 14,34,194
Expected return on plan assets, defined benefit plan 10,43,616 2,38,043
Actuarial gains (losses) recognised in profit or loss,
-41,14,671 -1,22,19,137
defined benefit plan
Total post-employment benefit expense, defined benefit
1,30,46,852 1,90,24,489
plans
Experience adjustments on plan assets and plan liabilities
[Abstract]
Defined benefit obligation, at present value 4,51,46,844 3,59,81,039 1,85,05,730
Plan assets, at fair value 3,27,14,691 1,15,95,738 26,44,918
Net surplus (deficit) in plan -1,24,32,153 -2,43,85,301
175

01/04/2015
to
31/03/2016
Disclosure of employee benefits explanatory [TextBlock] [See below]
176
Disclosure of employee benefits explanatory [Text Block]
23. Gratuity
The Company has a defined benefit gratuity plan. Every employee who has completed five years or more of service gets a gratuity on departure
at 15 days salary (last drawn salary) for each completed year of service. The scheme is funded with insurance company in form of qualifying
insurance policy.
The following tables summarizes the components of net benefit expense recognized in the statement of profit and loss and the funded status and
amounts recognized in the balance sheet for the respective plans.
Statement of Profit and Loss
Net employee benefit expense recognized in Employee Cost
31 March, 2016 31 March, 2015

(Amount in Rs) (Amount in Rs)
Current service cost 7187266 5609201
Interest cost on benefit obligation 2788531 1434194
Expected return on plan assets -1043616 -238043
Actual return on plan assets 3916758 12219137
Net benefit expense 12848939 19024489
Actual return on plan assets 872553 1352783
Balance Sheet
Benefit asset/liability
177
31 March, 2016 31 March, 2015

Present value of defined benefit obligation 45146844 35981039
Fair value of planned assets -32714691 -11595738
Plan (asset)/liability 12432153 24385301
Changes in the present value of the defined benefit obligation are as follows:
31 March, 2016 31 March, 2015

Opening defined benefit obligation 35981039 18505730
Current service cost 7187266 5609201
Interest cost 2788531 1434194
Benefits paid -4753600 -2901963
Actuarial (gain) / losses on obligation 3943608 13333877
Closing defined benefit obligation 45146844 35981039
Changes in fair value of planned assets are as follows:
178
31 March, 2016 31 March, 2015

Opening fair value of planned assets 11595738 2644918
Expected return 1043616 238043
Contribution by the employer 25000000 10500000
Benefits paid -4753600 -2901963
Actuarial gain / (losses) -171063 1114740
Closing fair value of planned assets 32714691 11595738
The Company expects to contribute Rs. 11,139,649 to gratuity in FY 2016-17 (31 March, 2015: Rs. 7,479,776)
The major categories of plan assets as a percentage of the fair value of the total plan assets are as follows:
31 March, 2016 31 March, 2015

Investments with insurer 1 1
The overall expected rate of return on assets is determined based on the market prices prevailing on that date, applicable to the period over
which the obligation is to be settled. There has been significant change in expected rate of return on assets due to the improved stock market
scenario.
The principal assumptions used in determining gratuity obligations for the companys plans are shown below:
179
31 March, 2016 31 March, 2015

Discount rate 0.08 0.0775
Expected rate of return on

0.09 0.09
assets
Future salary increase 0.07 0.07
For Service:4 years and below 75% p.a and 17% For Service:4 years and below 75% p.a and 17%
Attrition rate
thereafter thereafter
The estimates of future salary increases, considered in actuarial valuation, take account of inflation, seniority, promotion and other relevant
factors, such as supply and demand in the employment market.
The overall expected rate of return on assets is determined based on the market prices prevailing on that date, applicable to the period over
which the obligation is to be settled. There has been significant change in expected rate of return on assets due to change in the market scenario.
Amounts for the current and previous years are as follows
31 March, 2016 31 March, 2015 31 March, 2014 31 March, 2013 31 March, 2012
(Amount in Rs) (Amount in Rs) (Amount in Rs) (Amount in Rs) (Amount in Rs)
Gratuity
Defined benefit obligation 45146844 35951039 18505730 13033108 9349202
Plan assets 32714691 11595738 2644918 3994185 4483331
Surplus/(deficit) 12432153 24385301 15860812 9038923 4865871
Experience adjustments on plan liabilities: Gain/ (Loss) 3943608 13333877 7981954 3051411 -512855
180
Experience adjustments on plan assets: Gain/ (Loss) -171063 1114740 56443 -87048 -561309
[201300] Notes - Segments
Additional geographical disclosure of details on assets based on location of assets [Table] ..(1)
Geographical disclosure of details on assets based on location of assets
1 2
[Axis]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of reportable segments [Abstract]
Disclosure of secondary reportable segments [Abstract]
Additional geographical disclosure of
details on assets based on location of assets
[Abstract]
Geographical disclosure of details on
assets based on location of assets
[LineItems]
Description of segment assets based on
India India Other Other
location of assets
Segment assets based on location of assets 260,09,74,277 106,76,42,742 17,35,682 43,02,130
Cost incurred to acquire tangible and
intangible assets based on location
of assets [Abstract]
Cost incurred to acquire tangible
5,82,75,552 0
Cost incurred to acquire intangible
2,12,61,851 0
Total cost incurred to acquire
tangible and intangible assets 5,82,75,552 2,12,61,851 0 0
based on location of assets
181
Disclosure of secondary reportable segments [Table] ..(1)

Secondary reportable segments Secondary reportable segments 1
Enterprise's secondary reportable segments [Axis]
[Member] [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of secondary reportable segments
[LineItems]
As specified in As specified in
Nature of secondary reportable segment relevant line item relevant line item
India India
Revenue secondary reportable segment 246,24,52,255 172,89,04,781 (A) 242,56,27,931 (B) 168,37,53,948
Total revenues from external customers and
transactions with other reportable segments
246,24,52,255 172,89,04,781 242,56,27,931 168,37,53,948
of same enterprise secondary reportable
segment
Segment result secondary reportable segment 0 0 0 0
Assets secondary reportable segment 0 0 0 0
Liabilities secondary reportable segment 0 0 0 0
Cost incurred to acquire tangible and
intangible assets secondary reportable
segment [Abstract]
Cost incurred to acquire tangible assets
5,82,75,552 2,12,61,851 5,82,75,552 2,12,61,851
secondary reportable segment
Total cost incurred to acquire tangible
and intangible assets secondary 5,82,75,552 2,12,61,851 5,82,75,552 2,12,61,851
reportable segment
Description of types of products and services
As specified in As specified in
included in each reported segment secondary relevant line item relevant line item
India India
reportable segment
Footnotes
(A) India : 2425627931
(B) India : 1683753948
Disclosure of secondary reportable segments [Table] ..(2)

Secondary reportable segments 2
Enterprise's secondary reportable segments [Axis]
[Member]
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of secondary reportable segments [LineItems]
Nature of secondary reportable segment Others Others
Revenue secondary reportable segment (A) 3,68,24,324 (B) 4,51,50,833
Total revenues from external customers and transactions with other
3,68,24,324 4,51,50,833
reportable segments of same enterprise secondary reportable segment
Segment result secondary reportable segment 0 0
Assets secondary reportable segment 0 0
Liabilities secondary reportable segment 0 0
Description of types of products and services included in each reported segment
Other Other
secondary reportable segment
Footnotes
(A) Others : 36824324
(B) Others : 45150833
01/04/2015
to
31/03/2016
Disclosure of enterprise's reportable segments explanatory [TextBlock] [See below]
182
Disclosure of enterprise's reportable segments explanatory [Text Block]

27. Segment Information
Business segments
The primary reporting of the Company has been performed on the basis of business segment. The Company has only one reportable business
segment, which is business-to-business e-marketplace, which acts as an interactive hub for domestic and international buyers and suppliers and
operates in a single business segment based on the nature of the products, the risks and returns, the organization structure and the internal
financial reporting systems. Accordingly, the figures appearing in these financial statements relate to the Company's single business segment.
Geographical Segments
Secondary Segmental reporting is performed on the basis of the geographical location of customers. The following tables show the distribution
of the Companys sales by geographical market, carrying amount of segment assets and addition to segment assets by geographical area in which
assets are located:
31 March, 2016 31 March, 2015

Sales:
(Amt in Rs.) (Amt in Rs.)
India 2425627931 1683753948
Others 36824324 45150833
Total 2462452255 1728904781
The following table shows the carrying amount of segment assets and addition to segment assets by geographical area in which assets are
located:
Carrying amount of segment assets and Intangible assets Addition to fixed assets and intangible assets
31 March, 2016 31 March, 2015
India 2600974274 1067642742 58275552 21261851
Other 1735682 4302130 - -
Total 2602709956 1071944872 58275552 21261851
183
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] 1 2
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of relationship and transactions
between
related parties [Abstract]
Disclosure of relationship and
transactions between
related parties [LineItems]
Hello Trade Online Private Hello Trade Online Private MANSA ENTERPRISES MANSA ENTERPRISES
Name of related party Limited Limited PRIVATE LIMITED PRIVATE LIMITED
Country of incorporation or residence
of related INDIA INDIA INDIA INDIA
party
Permanent account number of related
AACCH1466J AACCH1466J AAECM5878M AAECM5878M
party
CIN of related party U51909DL2008PTC180430 U51909DL2008PTC180430 U70100DL2006PTC147400 U70100DL2006PTC147400
Enterprises which are Enterprises which are
owned, or have significant owned, or have significant
Description of nature of related party
Subsidiary company Subsidiary company influence of or are partners influence of or are partners
relationship with Key management with Key management
personnel and their relatives personnel and their relatives
Description of nature of transactions
Specified under relevant Specified under relevant
with related No Transactions No Transactions
line item line item
party
Related party transactions [Abstract]
Services received related party
48,00,000
transactions
Other related party transactions
(A) 50,10,000
expense
Amount written off during period in
respect 0 0 0 0
of debts due from related parties
Amount written back during period in
respect 0 0 0 0
of debts due to related parties
Footnotes
(A) rent
184

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of relationship and transactions
between
Disclosure of relationship and
transactions between
Tradezeal International Tradezeal International Ten Times Online Private Ten Times Online Private
Name of related party Private Limited Private Limited Limited Limited
of related INDIA INDIA INDIA INDIA
party
Permanent account number of related
AACCT2409B AACCT2409B AAECT9631M AAECT9631M
party
CIN of related party U72200DL2005PTC136907 U72200DL2005PTC136907 U72300DL2014PTC265480 U72300DL2014PTC265480
Description of nature of related party
Subsidiary company Subsidiary company Subsidiary company Subsidiary company
relationship
Description of nature of transactions
with related No Transactions No Transactions No Transactions No Transactions
party
Amount written off during period in
respect 0 0 0 0
Amount written back during period in
respect 0 0 0 0

01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of relationship and transactions between
Disclosure of relationship and transactions between
Name of related party Dinesh Agarwal Dinesh Agarwal Brijesh Agarwal Brijesh Agarwal
Country of incorporation or residence of related
party
Permanent account number of related party AAJPA8752G AAJPA8752G ABAPA2257Q ABAPA2257Q
(A) Key (B) Key
Key Management Key Management
Description of nature of related party relationship Management
Personnel
Management
Personnel
Personnel Personnel
Description of nature of transactions with related Specified under Specified under Specified under Specified under
party relevant line item relevant line item relevant line item relevant line item
Transaction relating to key management personnel
[Abstract]
Remuneration for key managerial personnel 2,69,92,978 2,39,00,832 1,94,87,800 1,41,84,720
Amount written off during period in respect
0 0 0 0
Amount written back during period in respect
0 0 0 0
Footnotes
(A) Managing Director
(B) Whole-time Director
185

Categories of related parties [Axis] 7 8 9
01/04/2015 01/04/2015 01/04/2015
to to to
31/03/2016 31/03/2016 31/03/2016
Disclosure of relationship and transactions between related parties
[Abstract]
Disclosure of relationship and transactions between related parties
[LineItems]
Tolexo online private PRATEEK
Name of related party limited
ANIL DWIVEDI
CHANDRA
Country of incorporation or residence of related party INDIA INDIA INDIA
Permanent account number of related party AJOPD7260N ADYPC1053C
CIN of related party U72200DL2014PTC267665
Enterprises which are
owned, or have significant
Key Management Key Management
Description of nature of related party relationship influence of or are partners
Personnel Personnel
with Key management
personnel and their relatives
Specified under relevant Specified under Specified under
Description of nature of transactions with related party line item relevant line item relevant line item
Related party transactions [Abstract]
Revenue from rendering of services related party transactions 31,65,719
Transaction relating to key management personnel [Abstract]
Remuneration for key managerial personnel 11,37,115 (A) 97,50,223
Outstanding balances for related party transactions [Abstract]
Amounts receivable related party transactions 33,08,176
Amount written off during period in respect of debts due from
0
related parties
Amount written back during period in respect of debts due to
0
related parties
Footnotes
(A) Fee for attending Board &Committee meetings
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of notes on related party explanatory [TextBlock]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company No No
[201400] Notes - Leases
Disclosure of minimum operating lease payments by lessee [Table] ..(1)

Later than one year and not later than
Maturity [Axis] Not later than one year [Member]
five years [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of finance lease and operating lease by
lessee [Abstract]
Disclosure of operating lease by lessee [Abstract]
Disclosure of minimum operating lease payments
by lessee [Abstract]
Disclosure of operating lease by lessee
[LineItems]
Minimum operating lease payments payable 9,01,87,738 7,96,61,362 11,47,78,938 17,11,85,554
186
Disclosure of minimum operating lease payments by lessee [Table] ..(2)

Maturity [Axis] Later than five years [Member]
31/03/2016 31/03/2015
Disclosure of finance lease and operating lease by lessee [Abstract]
Disclosure of operating lease by lessee [Abstract]
Disclosure of minimum operating lease payments by lessee [Abstract]
Disclosure of operating lease by lessee [LineItems]
Minimum operating lease payments payable 0 25,85,754

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of leases explanatory [TextBlock] [See below]
Whether any operating lease has been converted to financial lease or
No No
vice-versa
Disclosure of leases explanatory [Text Block]

26. Leases
Operating Lease:
Office premises are obtained on operating lease. There are no contingent rents in the lease agreements. The lease term varies from 11 months to
9 years generally and are usually renewable by mutual consent .There are no restrictions imposed by lease agreements. There are no subleases.
Lease payments (for non cancellable lease) for year ended 31 March 2016 are Rs.89,390,787 (31 March 2015 are Rs. 58,261,624)
Future minimum rentals payable under non-cancellable operating leases are as follows:
31 March, 2016 31 March, 2015

Within one year 90187738 79661362
After one year but not more than five years 114778938 171185554
More than five years - 2585754
204966676 253432670
[300300] Notes - Earnings per share

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of earnings per share explanatory [TextBlock] [See below]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 91,68,966 [shares] 91,68,959
Diluted weighted average shares [shares] 91,68,966 [shares] 91,68,959
Adjustments of numerator to calculate basic earnings per share [Abstract]
Numerator to calculate basic earnings per share -43,15,08,035 -18,97,94,375
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Numerator to calculate diluted earnings per share -43,15,08,035 -18,97,94,375
187
Disclosure of earnings per share explanatory [Text Block]

31 March, 2016 31 March, 2015
(Amount in Rs.) (Amount in Rs.)
22. Earnings per share (EPS)
Net loss after tax for calculation of Basic EPS and Diluted EPS -431508035 -189794375
Weighted average number of equity shares in calculating basic EPS 9168966 9168959
Basic/ diluted earnings (loss) per equity share -47.06 -20.7
[202800] Notes - Subsidiary information
Details of subsidiaries [Table] ..(1)

Subsidiaries [Axis] 1 2 3 4
01/04/2015 01/04/2015 01/04/2015 01/04/2015
to to to to
31/03/2016 31/03/2016 31/03/2016 31/03/2016
Details of subsidiaries [Abstract]
Details of subsidiaries [LineItems]
TRADEZEAL
Tolexo Online Private Ten Times Online Private HELLO TRADE ONLINE
Name of subsidiary Limited Limited
INTERNATIONAL
PRIVATE LIMITED
PRIVATE LIMITED
of subsidiary
CIN of subsidiary company U72200DL2014PTC267665 U72300DL2014PTC265480 U72200DL2005PTC136907 U51909DL2008PTC180430
PAN of subsidiary company AAFCT0145B AAECT9621M AACCT2409B AACCH1466J
Section under which company became
Section 2(87)(ii) Section 2(87)(ii) Section 2(87)(ii) Section 2(87)(ii)
subsidiary
Whether subsidiary has filed balance
Yes Yes Yes Yes
sheet
SRN of filing of balance sheet by
G24727802 G18070375 G24073256 G24042905
subsidiary
Whether financial year of subsidiary
different from financial year of holding
No No No No
company
Financial year of subsidiary [Abstract]
Start date of accounting period of
01/04/2015 01/04/2015 01/04/2015 01/04/2015
subsidiary
End date of accounting period of
31/03/2016 31/03/2016 31/03/2016 31/03/2016
subsidiary
Percentage of shareholding in
100.00% 96.25% 99.91% 99.00%
subsidiary
Key information about subsidiary
[Abstract]
Reporting currency of subsidiary INR INR INR INR
Exchange rate as applicable for
NA NA NA NA
subsidiary
Share capital of subsidiary 6,224.5 6.23 11 1
Reserves and surplus of subsidiary -6,212.38 18.66 -6.35 -1.09
Total assets of subsidiary 1,635 52.28 5.07 0.05
Total liabilities of subsidiary 1,622.88 27.39 0.42 0.14
Investment of subsidiary 0 0 0 0
Turnover of subsidiary 469.15 364.76 2.14 0
Profit before tax of subsidiary -7,292.36 25.51 -0.07 -0.3
Provision for tax of subsidiary 0 8.33 0 0
Profit after tax of subsidiary -7,292.36 17.18 -0.07 -0.3
Proposed dividend of subsidiary 0 0 0 0
188

01/04/2015
to
31/03/2016
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies Yes
Number of subsidiary companies [pure] 4
Whether company has subsidiary companies which are yet to commence
No
operations
Whether company has subsidiary companies liquidated or sold during year No
[202400] Notes - Investments in associates

01/04/2015
to
31/03/2016
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations Yes
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2015
to
31/03/2016
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
[202100] Notes - Other provisions, contingent liabilities and contingent assets
Disclosure of contingent liabilities [Table] ..(1)

Contingent liability on disputed income
Classes of contingent liabilities [Axis] Other contingent liabilities [Member]
tax [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of contingent liabilities [Abstract]
Disclosure of contingent liabilities [LineItems]
Estimate of financial effect of contingent
77,50,004 76,98,134 8,19,143 8,19,143
liabilities
Disclosure of contingent liabilities [Table] ..(2)

Contingent liability on disputed service Other contingent liabilities, others
Classes of contingent liabilities [Axis]
tax demands [Member] [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of contingent liabilities [Abstract]
Disclosure of contingent liabilities [LineItems]
Estimate of financial effect of contingent
65,68,335 65,68,335 (A) 3,62,526 (B) 3,10,656
liabilities
Footnotes
(A) Dividend on 0.01% Series A CCPS- 359656 Dividend on 0.01% Series B CCPS- 2870
(B) Dividend on 0.01% Series A CCPS- 310656
189

01/04/2015
to
31/03/2016
Disclosure of notes on other provisions, contingent liabilities and Textual information (57)
contingent assets explanatory [TextBlock] [See below]
Disclosure of contingent liabilities explanatory [TextBlock]
Disclosure of notes on other provisions, contingent liabilities and contingent assets explanatory [Text Block]
29. Contingent Liabilities not provided for
31 31
March, March,
2016 2015
(Amt in (Amt in
Rs.) Rs.)
Income Tax in respect of Assessment Year 2006-07 (31 March 2013: assessment years 2007-08) in respect of which
company has gone on appeal in CIT(A). Based on judicial pronouncements, the company's claim is likely to be accepted by 819143 819143
appellate authorities.
Service Tax in respect of Financial Years 2006-07, 2007-08, 2008-09, 2009-10, 2010-11 and 2011-12. Based on judicial
6568335 6568335
pronouncements, the company's claim is likely to be accepted by appellate authorities.
Dividend on 0.01% Series A CCPS 359656 310656
Dividend on 0.01% Series B CCPS 2870 -
[202700] Notes - Cash flow statements

01/04/2015 01/04/2014
to to 31/03/2014
31/03/2016 31/03/2015
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 11,51,96,889 9,32,28,122 6,61,64,591
Total cash and cash equivalents 11,51,96,889 9,32,28,122
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities -1,78,39,468 -1,80,17,644
Total income taxes paid (refund) -1,78,39,468 -1,80,17,644
[300900] Notes - Financial instruments

01/04/2015
to
31/03/2016
Disclosure of financial instruments explanatory [TextBlock] [See below]
Disclosure of financial instruments explanatory [Text Block]

30. Unhedged foreign currency exposure
31 March, 2016 31 March, 2015
USD 26,166.23 USD 68,735
Trade receivable
(Rs. 1,735,682) (Rs. 4,302,130)
190
[100200] Statement of profit and loss

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 0 0
Revenue from sale of services 246,24,52,255 172,89,04,781
Total revenue from operations other than finance company 246,24,52,255 172,89,04,781
Total revenue from operations 246,24,52,255 172,89,04,781
Other income 4,65,33,360 11,88,55,350
Total revenue 250,89,85,615 184,77,60,131
Expenses [Abstract]
Cost of materials consumed 0 0
Changes in inventories of finished goods, work-in-progress and
0 0
stock-in-trade
Employee benefit expense 153,21,71,967 113,69,78,255
Finance costs 1,01,68,800 45,00,528
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 2,21,58,175 2,61,53,539
Amortisation expense 40,51,299 37,47,799
Total depreciation, depletion and amortisation expense 2,62,09,474 2,99,01,338
CSR expenditure 0 0
Other expenses 136,82,35,934 86,61,74,385
Total expenses 293,67,86,175 203,75,54,506
Total profit before prior period items, exceptional items, extraordinary
-42,78,00,560 -18,97,94,375
items and tax
Total profit before extraordinary items and tax -42,78,00,560 -18,97,94,375
Total profit before tax -42,78,00,560 -18,97,94,375
Tax expense [Abstract]
Deferred tax 37,07,480 0
Total tax expense 37,07,480 0
Total profit (loss) for period from continuing operations -43,15,08,040 -18,97,94,375
Total profit (loss) for period before minority interest -43,15,08,040 -18,97,94,375
Total profit (loss) for period -43,15,08,040 -18,97,94,375
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] -47.06 [INR/shares] -20.7
Diluted earnings per equity share [INR/shares] -47.06 [INR/shares] -20.7
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10
191
[300500] Notes - Subclassification and notes on income and expenses

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Total revenue from sale of products 0 0
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross (A) 246,24,52,255 (B) 172,89,04,781
Total revenue from sale of services 246,24,52,255 172,89,04,781
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments (C) 1,13,52,043 (D) 50,50,143
Interest on other current investments (E) 11,95,141
0
Total interest income on current investments 1,25,47,184 50,50,143

Total interest income 1,25,47,184 50,50,143
Dividend income [Abstract]
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 3,39,86,176 11,32,47,054
Total net gain/loss on sale of investments 3,39,86,176 11,32,47,054
Other non-operating income [Abstract]
Surplus on disposal, discard, demolishment and destruction of
0 1,233
depreciable tangible asset
Excess provisions written back 0 5,56,920
Total other non-operating income 0 5,58,153
Total other income 4,65,33,360 11,88,55,350
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges 28,730 87,602
Total interest expense 28,730 87,602
Other borrowing costs (F) 1,01,40,070 (G) 44,12,926

Total finance costs 1,01,68,800 45,00,528
Employee benefit expense [Abstract]
Salaries and wages (H) 144,34,65,097 (I) 106,00,96,550
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 1,19,25,449 1,02,14,784
Total contribution to provident and other funds 1,19,25,449 1,02,14,784
Gratuity 1,30,46,852 1,90,24,489
Staff welfare expense 6,37,34,569 4,76,42,432
Total employee benefit expense 153,21,71,967 113,69,78,255
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 2,57,97,332 1,90,25,630
Rent 12,77,17,973 9,33,24,945
Repairs to building 0 0
Repairs to machinery (J) 1,05,39,904 (K) 85,31,941

Insurance 73,95,472 56,15,585
192
Rates and taxes excluding taxes on income [Abstract]

Cost taxes other levies by government local authorities 82,13,705 9,09,993
Total rates and taxes excluding taxes on income 82,13,705 9,09,993
Research development expenditure (L) 21,19,20,814 (M) 18,55,36,994

Telephone postage (N) 1,07,17,337 (O) 90,19,239
Printing stationery (P) 1,02,31,257 (Q) 77,86,033
Travelling conveyance 2,28,85,378 2,45,17,293
Legal professional charges 4,43,01,228 1,40,63,149
Training recruitment expenses (R) 3,95,95,441 (S) 3,03,52,975

Directors sitting fees 16,60,000 4,80,000
Advertising promotional expenses 29,43,48,736 20,01,60,272
After sales service expenses (T) 17,50,23,783 (U) 7,95,35,392

Cost repairs maintenance other assets 5,17,08,291 3,71,66,406
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0
Net provisions charged [Abstract]
Other provisions created (V) 14,31,502
0
Total net provisions charged 14,31,502 0

Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Total miscellaneous expenditure written off 0 0
Bad debts written off 0 0
Bad debts advances written off 0 0
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
0 0
tangible asset
Payments to auditor [Abstract]
Payment for audit services 14,30,000 14,30,000
Payment for taxation matters 3,00,000 3,00,000
Payment for reimbursement of expenses 72,008 50,895
Total payments to auditor 18,02,008 17,80,895
Miscellaneous expenses (W) 32,29,45,773 (X) 14,83,67,643

Total other expenses 136,82,35,934 86,61,74,385
193
Footnotes
(A) Income from web services : 2462452255
(B) Income from web services : 1728904781
(C) Bank deposits : 11352043
(D) Bank deposits : 5050143
(E) Others- 1195141
(F) Bank charges : 10140070
(G) Bank charges : 4412926
(H) Salaries, wages and bonus : 1443465097
(I) Salaries, wages and bonus : 1060096550
(J) Plant and machinery : 10539904
(K) Plant and machinery : 8531941
(L) Content development expenses : 211920814
(M) Content development expenses : 185536994
(N) Communication costs : 10717337
(O) Communication costs : 9019239
(P) Printing and stationery : 10231257
(Q) Printing and stationery : 7786033
(R) Recruitment and training expenses : 39595441
(S) Recruitment and training expenses : 30352975
(T) Customer Support Expenses : 175023783
(U) Customer Support Expenses : 79535392
(V) Provision for diminution in value of Investment- 1431502
(W) Buyer Engagement Expenses : 117417426 Outsourced sales cost : 141849390 Internet and other online expenses : 63014458
Exhibition expenses : 6100 General expenses : 658399
(X) Buyer Engagement Expenses : 69580859 Outsourced sales cost : 34603800 Internet and other online expenses : 41785872 Exhibition
expenses : 1889258 General expenses : 507854
[300600] Notes - Additional information statement of profit and loss

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Additional information on profit and loss account explanatory [TextBlock] [See below]
Total changes in inventories of finished goods, work-in-progress and
0 0
stock-in-trade
Revenue information technology services 246,24,52,255 172,89,04,781
Total gross income from services rendered (A) 246,24,52,255 (B) 172,89,04,781
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Total earnings in foreign currency 0 0
Total revenue from sale of products 0 0
Domestic revenue services 231,28,68,827 164,11,27,155
Export revenue services 14,95,83,428 8,77,77,626
Total revenue from sale of services 246,24,52,255 172,89,04,781
Gross value of transaction with related parties as per AS-18 0 0
Bad debts of related parties as per AS-18 0 0
Footnotes
(A) Income from web services : 2462452255
(B) Income from web services : 1728904781
194
Additional information on profit and loss account explanatory [Text Block]

31 31
March, March,
2016 2015
(Amt (Amt
in Rs.) in Rs.)
The principal amount and the interest due thereon remaining unpaid to any supplier as at the end of each accounting year
Principal amount due to micro and small enterprises - -
Interest due on above - -
The amount of interest paid by the buyer in terms of section 16 of the MSMED Act 2006 along with the amounts of the payment
- -
made to the supplier beyond the appointed day during each accounting year
The amount of interest due and payable for the year of delay in making payment (which have been paid but beyond the
- -
appointed day during the year) but without adding the interest specified under the MSMED Act 2006.
The amount of interest accrued and remaining unpaid at the end of each accounting year - -
The amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues as
above are actually paid to the small enterprise for the purpose of disallowance as a deductible expenditure under section 23 of - -
the MSMED Act 2006
0 0
The Company, has during the year, not received any intimation from any of its suppliers regarding their status under The Micro, Small and
Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the year end along with interest
paid/payable as required under the said Act have not been given. Based on the information available with the Company there are no
principal/interest amounts due to micro and small enterprises.
[300100] Notes - Revenue

01/04/2015
to
31/03/2016
Disclosure of revenue explanatory [TextBlock] [See below]
Description of accounting policy for recognition of revenue [See below]
195
Disclosure of revenue explanatory [Text Block]
Revenue recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably
measured. The following specific recognition criteria must also be met before revenue is recognized:
Income from web Services
Revenues from development hosting and promotion of web catalogs are recognized pro-rata over the period of the contract as and when services
are rendered.Revenues from lead based services are recognized as and when leads are consumed by the customer.The group collects service tax
on behalf of the government and, therefore, it is not an economic benefit flowing to the company. Hence, it is excluded from revenue.
The un accrued amount are not recognized as revenue till all obligation are fulfilled and are reflected in balance sheet as deferred revenue
Interest
Dividends
Income from marketing fees & service fee
Revenue from marketing fees & service fee is recognized on delivery. The Company collects service tax on commission income on behalf of the
government and, therefore, it is not economic benefits flowing to the Company. Hence, it is excluded from revenue.
Income from Exhibition Services
The company provides services of arranging exhibitions, trade shows and concerts for the clients. Revenue is recognized on the basis of
provision of services to the client. The company collects service tax on behalf of Government and therefore it is not an economic benefit
therefore excluded from revenue.
196
Description of accounting policy for recognition of revenue
Revenue recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably
measured. The following specific recognition criteria must also be met before revenue is recognized:
Income from web Services
Revenues from development hosting and promotion of web catalogs are recognized pro-rata over the period of the contract as and when services
are rendered.Revenues from lead based services are recognized as and when leads are consumed by the customer.The group collects service tax
on behalf of the government and, therefore, it is not an economic benefit flowing to the company. Hence, it is excluded from revenue.
The un accrued amount are not recognized as revenue till all obligation are fulfilled and are reflected in balance sheet as deferred revenue
Interest
Dividends
Income from marketing fees & service fee
Revenue from marketing fees & service fee is recognized on delivery. The Company collects service tax on commission income on behalf of the
government and, therefore, it is not economic benefits flowing to the Company. Hence, it is excluded from revenue.
Income from Exhibition Services
The company provides services of arranging exhibitions, trade shows and concerts for the clients. Revenue is recognized on the basis of
provision of services to the client. The company collects service tax on behalf of Government and therefore it is not an economic benefit
therefore excluded from revenue.
197
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] 1 2 3 4
01/04/2015 01/04/2015 01/04/2015 01/04/2015
to to to to
31/03/2016 31/03/2016 31/03/2016 31/03/2016
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[Abstract]
Disclosure of key managerial personnels and directors
and remuneration to key managerial personnels and
directors [LineItems]
RAJESH MAHENDRAKUMAR ELIZABETH LUCY
Name of key managerial personnel or director Brijesh Agrawal
SAWHNEY CHOUHAN CHAPMAN
Director identification number of key managerial
00191760 01519511 00187253 06459440
personnel or director
Date of birth of key managerial personnel or
16/09/1976 02/02/1966 05/12/1955 20/07/1980
director
Whole Time Independent
Designation of key managerial personnel or director Director Director
Independent Director Independent Director
Bchelor of
Science(Hons)(Medical
Qualification of key managerial personnel or
Graduate Graduate Graduate Microbiology),
director Chartered Financial
Analyst
Shares held by key managerial personnel or director [shares] 32,13,100 [shares] 0 [shares] 0 [shares] 0
Key managerial personnel or director remuneration
[Abstract]
Gross salary to key managerial personnel or
director [Abstract]
Salary key managerial personnel or director 1,91,23,200
Perquisites key managerial personnel or
3,64,600
director
Profits in lieu of salary key managerial
0 0 0 0
personnel or director
Gross salary to key managerial personnel or
1,94,87,800 0 0 0
director
Sitting fees key managerial personnel or
5,10,000 5,60,000 3,90,000
director
Total key managerial personnel or director
1,94,87,800 5,10,000 5,60,000 3,90,000
remuneration
198
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(2)
Key managerial personnels and directors [Axis] 5 6
01/04/2015 01/04/2015
to to
31/03/2016 31/03/2016
Disclosure of key managerial personnels and directors and remuneration to key
managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and remuneration to key
managerial personnels and directors [LineItems]
DINESH
Name of key managerial personnel or director CHANDRA Dhruv Prakash
AGARWAL
Director identification number of key managerial personnel or director 00191800 05124958
Date of birth of key managerial personnel or director 19/02/1969 13/11/1951
Other Non Executive
Designation of key managerial personnel or director Managing Director
Director
Qualification of key managerial personnel or director Graduate Graduate
Shares held by key managerial personnel or director [shares] 47,41,600 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 2,66,28,378
Perquisites key managerial personnel or director 3,64,600
Profits in lieu of salary key managerial personnel or director 0 0
Gross salary to key managerial personnel or director 2,69,92,978 0
Sitting fees key managerial personnel or director 2,00,000
Other compensation key managerial personnel or director (A) 6,75,000
Total key managerial personnel or director remuneration 2,69,92,978 8,75,000
Footnotes
(A) Others, please specify[ Training Fee]
[301000] Notes - Corporate social responsibility

01/04/2015
to
31/03/2016
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
No
company
199

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Annual Report 2016

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INDIAMART INTERMESH LIMITED

Standalone Financial Statements for period 01/04/2015 to 31/03/2016

[400100] Disclosure of general information about company

Whether company is listed company No

Disclosure of principal product or services [Table] ..(1)

[400400] Disclosures - Directors report

Details of shareholding pattern of top 10 shareholders [Table] ..(1)

Details of shareholding pattern of top 10 shareholders [Table] ..(2)

Details of shareholding pattern of top 10 shareholders [Table] ..(3)

Details of shareholding pattern of top 10 shareholders [Table] ..(4)

Details of shareholding pattern of top 10 shareholders [Table] ..(5)

Details of shareholding pattern of top 10 shareholders [Table] ..(6)

Details of shareholding pattern of top 10 shareholders [Table] ..(7)

Details of shareholding pattern of top 10 shareholders [Table] ..(8)

Details of shareholding pattern of top 10 shareholders [Table] ..(9)

Details of shareholding pattern of top 10 shareholders [Table] ..(10)

Details of shareholding pattern [Table] ..(1)

Details of shareholding pattern [Table] ..(2)

Details of shareholding pattern [Table] ..(3)

Details of shareholding pattern [Table] ..(4)

Details of shareholding pattern [Table] ..(5)

Details of shareholding pattern [Table] ..(6)

Details of shareholding pattern [Table] ..(7)

Details of directors signing board report [Table] ..(1)

Particulars of holding, subsidiary and associate companies [Table] ..(1)

CIN of company U72200DL2014PTC267665 U72300DL2014PTC265480 U72200DL2005PTC136907 U51909DL2008PTC180430

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(1)

Details of change in promoters shareholding [Table] ..(1)

Details of change in promoters shareholding [Table] ..(2)

Details of change in promoters shareholding [Table] ..(3)

Details of change in promoters shareholding [Table] ..(4)

Details of change in promoters shareholding [Table] ..(5)

Details of change in promoters shareholding [Table] ..(6)

Details of change in promoters shareholding [Table] ..(7)

Details of change in promoters shareholding [Table] ..(8)

Details of change in promoters shareholding [Table] ..(9)

Details of change in promoters shareholding [Table] ..(10)

Details of change in promoters shareholding [Table] ..(11)

Details of change in promoters shareholding [Table] ..(12)

Details of change in promoters shareholding [Table] ..(13)

Details of change in promoters shareholding [Table] ..(14)

Details of change in promoters shareholding [Table] ..(15)

Details of change in promoters shareholding [Table] ..(16)

Details of change in promoters shareholding [Table] ..(17)

Details of change in promoters shareholding [Table] ..(18)

Details of shareholding of promoters [Table] ..(1)

Details of shareholding of promoters [Table] ..(2)

Details of shareholding of promoters [Table] ..(3)

Details of shareholding of promoters [Table] ..(4)

Details of shareholding of promoters [Table] ..(5)

Details of shareholding of promoters [Table] ..(6)

Details of shareholding of promoters [Table] ..(7)

Percentage of total shares held at end of

Percentage of total shares held at end of

Details of shareholding of promoters [Table] ..(8)

Details of shareholding of promoters [Table] ..(9)

Unless otherwise specified, all monetary values are in INR

Details of deposits which are not in compliance with requirements

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

2015-2016 2014-2015 2015-2016 2014-2015

Revenue from Operations 24,624.52 17,289.05 25,428.92 17,607.16

Other Income 465.33 1,188.55 474.61 1,195.60

Employee benefits expense 15,321.72 11,369.78 18,127.35 11,900.89