Infra.Market
Latest, : Infra.Market plans Shalimar Paints share swap for backdoor listing
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 4 stories, the newest dated 13 Aug 2026. Summary written 3 Oct 2026.
Infra.Market is a B2B building-materials platform in India, and its parent is Hella Infra Market. [1] source: NDTV Profit
Show 2 more paragraphs and 4 sources
Shalimar Paints’ proposed transaction is described as a route for the platform to access public markets and create a listed building-materials platform. [1] source: NDTV Profit[2] source: Inc42 Infra.Market reported FY25 revenue of ₹6,053 crore, up 22% year-on-year. [3] source: Mint
In August 2026, Infra.Market pursued a reverse-listing-style entry through a preferential share swap with Shalimar Paints; the transaction was valued at about ₹10,440 crore. [3] source: Mint Under the proposal, Hella Infra Market shareholders would own more than 77% of Shalimar Paints, which would issue up to 41.70 crore equity shares and 81.12 crore CCPS at ₹85 each. [3] source: Mint Shalimar Paints approved a reverse merger with Infra.Market’s parent and cleared a QIP of up to Rs 1,000 crore on August 13, 2026. [1] source: NDTV Profit Mint said the QIP was intended to fund the enlarged building-materials business. [3] source: Mint
Sources
Questions about Infra.Market
Who owns Infra.Market?
Hella Infra Market is Infra.Market’s parent; the proposed Shalimar Paints share swap involved shareholders of Hella Infra Market. [3] source: Mint[1] source: NDTV Profit
How fast is Infra.Market growing in India?
Infra.Market reported FY25 revenue of ₹6,053 crore, up 22% year-on-year. [3] source: Mint
Who are Infra.Market's main competitors?
Financial Express named OfBusiness, Moglix and Zetwerk as peers alongside Infra.Market in its discussion of B2B e-commerce business models. [4] source: Financial Express