Matrimony.com Ltd launched in 2001, Matrimony.com is a pioneer in online matchmaking and marriage services. Powered by over 3,500 employees at 140 branches across India, its flagship brand, BharatMatrimony, has 15 language based domains under its umbrella.
BharatMatrimony has been featured in the Limca Book of Records for “most number of documented marriages online”. It has also been judged The Most Trusted Matrimony Brand, as per The Brand Trust Report (2014-15).
Serving Indians worldwide, the company pioneered many new services such as EliteMatrimony, CommunityMatrimony, MatrimonyDirectory, MatrimonyPhotography, MatrimonyBazaar, MatrimonyDirectory and MatrimonyMandaps. CommunityMatrimony.com is a conglomerate of over 300 community oriented portals.
The initial public offering (IPO) of Matrimony.com is all set to hit the Street on Monday, September 11. The company, which runs online matchmaking business under BharatMatrimony brand, had received Sebi’s nod for the offering in July.
Matrimony.com’s initial public offer (IPO) consists of a fresh issue aggregating up to Rs 130 crore and an offer for sale of up to 3,767,254 equity shares. The size of the proposed IPO is projected at Rs 500 crore. The offer will open for subscription on September 11 and close on 13.
Lead Manager: Axis Capital and ICICI Securities are the book running lead managers to the issue, and Karvy Computershare is the registrar for the IPO.
Promoter of Matrimony.com: Murugavel Janakiraman
Matrimony.com’s consolidated financial performance (in INR crore)
|Profit after tax||10.4||-9.1||-2.9||-75.0||43.8|
Matrimony.com IPO details
IPO Opens on: September, 11th 2017
IPO Closes on: September, 13th 2017
Price Band: INR 983 – 985 per share
Fresh issue: INR 130 crore
Offer For Sale: 3,767,254 shares (INR 370.32 – 371.07 crore)
Total IPO size: INR 500.32 – 501.07 crore
Minimum bid (lot size): 15 shares
Face Value: INR 5 per share
Retail Allocation: 10%
Listing On: BSE, NSE
Company Contact Information
TVH Beliciaa Towers, 10th Floor,
MRC Nagar, Mandaveli, Chennai – 600028
Phone: +91 44 2463 1500
Fax: +91 44 2463 1777
Matrimony IPO Registrar
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91 40 23312454
Fax: +91 40 23311968