Archive · 19 May 2025
ProcMart CFO Outlines Ambitious Revenue and IPO Plans
ProcMart is a company that helps other businesses buy supplies online.
They're like a special online store just for companies.
They want to make a lot more money in the next few years by getting more customers and selling more things.
They plan to earn ₹3,000 crore by FY27.
They're also planning to become a public company (IPO) by FY28, meaning anyone can buy their stock.
They're using smart computer programs (AI) to make their work easier and faster.
They operate in several locations across India and are expanding internationally.
They are currently profitable, although profit margins are thin.
They are hiring more people to help them grow.
ProcMart aims for ₹3,000 crore in revenue by FY27.
The company is targeting an IPO by FY28.
ProcMart operates a closed-catalog marketplace.
The company is expanding in India, Indonesia, and Malaysia.
AI and ML are used for operational efficiency.
- Who
- ProcMart, a B2B e-commerce company, led by CFO Sachin Jain.
- What
- ProcMart plans to increase revenue and expand its operations.
- When
- Over the next 2-3 years, with an IPO planned by FY28.
- Where
- India, Indonesia, and Malaysia.
- Why
- To scale operations, acquire new clients, and offer more services.
- FY24 Revenue
- ₹621 crore
- FY26 Revenue Target
- ₹1,200 crore
- FY27 Revenue Target
- ₹3,000 crore
- Current Enterprise Clients
- 70
- Current Team Size
- Approximately 400
- Team Size in 3 years
- 1,000 (projected)