It is time for Matrimony.com to go public. We all have heard of BharatMatrimony.com, well, Matrimony.com Ltd is the parent company of the famous and popular matchmaking website BharatMatrimony.com. The company is planning to come with an IPO in the month of September 2017. As per our sources, the IPO will come in the first half of September 2017. According to the sources, the IPO is expected to be worth around Rs. 500 crores. This is the second time the company is trying to go public. In August 2015, The company had filed the draft IPO prospectus with SEBI. But the could not work out the plans and the approval lapsed. Again in May 2017, they have sought the approval from the SEBI to run an IPO. Now it received a green signal from the SEBI and company is going to launch the IPO anytime soon. IPO Date Update: The IPO will be open on 11 September 2017 to 13 September 2017. IPO Price Update: The price band of Matrimony.com IPO is fixed between Rs. 983 – Rs 985. Per Equity Share.
So, what are you waiting for, we have all the information here which can give you all information about the Matrimony.com IPO. Investors need to read the below segment of our website for IPO Review, Ratings, Price, Greymarket Price, GMP, Listing Dates, Allotment Status, Subscription details and all other information which can be beneficial to the Investors.Matrimony.com IPO Grey Market Price and GMP Premium Kostak Rates
- 1 Matrimony.com IPO
- 2 Matrimony.com IPO Details
- 2.1 Matrimony.com IPO Price Band
- 2.2 Matrimony IPO Date
- 2.3 Matrimony.com IPO Allotment Status Online
- 2.4 Matrimony IPO Listing Date
About the company: Matrimony.com was established in 2001. Matrimony.com is a Matchmaking and marriage services provider in India. It is a technology or internet company. It is based in Chennai. The company employs over 3,500 employees at 140 branches across India. It is the parent company of the BharatMatrimony.com, which has 15 language based domains. BharatMatrimony holds a Limca Book of Records for “most number of documented marriages online”. The Brand Trust Report has judged BharatMatrimony as a Most Trusted Matrimony Brand in 2014-15.
Company Promotors: Murugavel Janakiraman
Objects of the Issue
- Advertising and business promotion activities.
- Purchase of land for construction of office premises in Chennai;
- Repayment of our overdraft facilities;
- General corporate purposes.
Matrimony.com IPO Details
|Open Date||11 September 2017|
|Close Date||13 September 2017|
|Allotment Date||18 September 2017|
|Refund Date||18 September 2017|
|Listing Date||21 September 2017|
|Issue Price||Rs. 983 - Rs. 985 Per Equity Share|
|Lot Size||15 Share|
|Minimum Order Quantity||15 Share|
|Issue Type||Book Built Issue IPO|
|Issue Size||3700000 Equity Shares of Rs 05 aggregating up to Rs --- Crore|
|Lead Manager||Axis Capital Ltd|
ICICI Securities Ltd
|Registrar||Karvy Computershare Private Limited|
|Registrar Email||[email protected]|
|Investor Grievance||[email protected]|
|Registrar Phone||+91 40 6716 2222|
1800 3454 001 (Toll Free)
|Listing at||NSE / BSE|
Matrimony.com IPO Price Band
The company will sell 37.6 lakh shares of face value Rs 5 each at a price band of Rs. 983 to Rs. 985 per share. The price band is yet to be announced by the company after talking to the lead managers. The issue size of the IPO is estimated to be around Rs 500 crore.
Reatail Investors Price Discount
Matrimony IPO Date
Matrimony IPO will open on 11 September 2017 and shall close on 13 September 2017. Earlier in May 2017, the Chennai-based technology company has received a green signal from the Securities and Exchange Board of India for its IPO. This is the second attempt from the company to roll an IPO.
Matrimony.com Limited Financials
|DATE||TOTAL ASSETS||TOTAL REVENUE||PROFIT AFTER TAX|
|31 March 2017||Rs. 1,193.62||Rs. 2,929.30||Rs. 437.83|
|31 March 2016||Rs. 1,238.46||Rs. 2,554.29||Rs. 750.55|
|31 March 2015||Rs. 1031.90||Rs. 2,428.41||Rs. 29.04|
|31 March 2014||Rs. 830.76||Rs. 2,073.14||Rs. 91.35|
|31 March 2013||Rs. 902.97||Rs. 1,887.83||Rs. 104.35|
|**(All Figures in Rs. million)|
Matrimony.com IPO Daily Subscription Figures
|DATE||SHARES OFFERED||11 SEPTEMBER 2017||12 SEPTEMBER 2017||13 SEPTEMBER 2017|
Axis Capital Ltd. and ICICI Securities Ltd are the book running lead managers to the issue. Investors must check the DRHP for more details about the Lead Managers.
Matrimony.com Limited IPO Registrar
Karvy Computershare Pvt. Ltd has been appointed as the registrar to the issue. Candidates must contact Karvy on the registered contact number while they can send an email to [email protected] or at Investor Grievance email id [email protected]
Matrimony.com IPO Allotment Status Online
The IPO allotment status of Matrimony.com can be checked at the Karvy website. The allotment process will be done after the subscription process ends. Investors can check the Matrimony IPO Status Karvy at the link given below.
Matrimony.com IPO Allotment Status
Matrimony IPO Listing Date
The shares of Matrimony.com will be listed on 21 September 2017. The listing date will be declared in the due course. Investors should check the IPO Calendar and the main page of www.greymarket.co.in for the details regarding the IPO Listing date.
Listing Day Figures
|NSE (MATRIMONY)||BSE (540704)|
|IPO Price||Rs. 985||Rs. 985|
|Open||Rs. 985||Rs. 985|
|High||Rs. 1024||Rs. 1025|
|Low||Rs. 896.25||Rs. 893.20|
|Close||Rs. 904.65||Rs. 901.20|
|Difference||Down Rs. 80.35 (-8.16%)||Down Rs. 83.80 (-8.51%)|