Matrimony.com
Issue Period-11SEP–13SEP, 2017 IssueSize-3,767,254Eq Shares (Rs.497.48cr)
Issue Price-Rs.983-Rs.985per Eq Share Market Lot-15Equity Shares
Face Value-Rs 5per Eq Share Listing at-BSE, NSE
COMPANY PROFILE
Incorporated in 2001, Matrimony.com is engaged in providing online matchmaking and marriage services. They offers their servicesthrough Internet and mobile platforms in India and internationally. They are one of the first companies to provide online matchmakingservices in India, having database comprising 3.08 million active profiles (being profiles that have been published or loggedin at leastonce during the prior 180 day period). they had 140 retail centers distributed across India. has 15 language based domains under itsumbrella
THE OBJECT OF THE ISSUE
1. Advertising and business promotion activities;
2. Purchase of land for construction of office premises in Chennai;
3. Repayment of overdraft facilities; and
4. General corporate purposes.
You can also read more about: Capacit’e Infraprojects Limited IPO Details
OUR RECOMMENDATION
QIB (more than Rs/-200,000/-) 75% of Net Issue size
Non-Institutional(more than Rs/-200,000/-) 15% of Net Issue size
Retail(up to Rs/-200,000/-) 10%of Net Issue size
COMMENTS