Matrimony.com Private Ltd. IPO Details
Details of the Matrimony.com Private Ltd IPO
Issuer: Matrimony.com Pvt. Ltd.
Issue opening date: 11th September, 2017
Issue closing date: 13th September, 2017
Issue size: Rs496.72 Crores to Rs497.48 Crores
Lot size: 15 Equity shares and in multiples thereafter
Price band: Rs983 to Rs985
Issue allocation: QIB – 75% NIB – 15% Retail – 10%
Discount: Rs98 per Equity share to Retail Investors and Eligible Employees
Mode of payment: ASBA Mandatory (No cheques will be accepted)
Listing: Proposed to be listed on BSE and NSE
BRLMs: Axis Capital Ltd and ICICI Securities Ltd
Registrar: Karvy Computershare Private Ltd.
Matrimony.com Private Ltd. Company competitive strengths
- Large database of profiles and consequential network effect
- Micro-market strategy with customized services
- Strong consumer brand
- Wide on-the-ground network for customer acquisition and support
- Robust technology and analytics
- Efficient business model
About the company Matrimony.com Private Ltd.
Matrimony.com Pvt. Ltd is a signature internet conglomerate, managing mMarquee brands such as
BharatMatrimony.com and CommunityMatrimony.com. It is one of the fastest growing and profitable organisations in both the digital and offline space, with a reputation for innovation, technical excellence and entrepreneurship. From reaching out to South Asians across the map, in countries such as the UK, US, Dubai, Sri Lanka & Malaysia, to establishing a considerable retail presence with over 150 self-owned outlets across India, Matrimony.com spells customer satisfaction and delight.
The company has pioneered several new business models (many of them global firsts) such as EliteMatrimony.com and CommunityMatrimony.com. CommunityMatrimony.com is the world’s single largest conglomerate of over 300+ community oriented portals. Their track record for constant innovation and cutting edge products has won it millions of customers, several prestigious global awards, and investors such as Bessemer, Canaan and Mayfield.
What fuels Matrimony.com is their culture of intrapreneurship, passion and ethics that permeates across a 3500+ strong team and top notch professionals that are at the helm of affairs. Matrimony.com is also a conscientious corporate citizen with a span of CSR activities that include BharatBloodBank.com, BharatEyeBank.com, BharatGreenHands.com and AbilityMatrimony.com.
Objects of the issue Matrimony.com Private Ltd. IPO
1. Advertising and business promotion activities
2. Purchase of land for office construction in Chennai
3. Repayment of overdraft facilities
4. General corporate purposeshttps://www.investmentkit.com/articles/2017/09/matrimony-com-private-ltd-ipo-details/https://www.investmentkit.com/articles/wp-content/uploads/2017/09/Matrimony.com-Private-Ltd-IPO.jpghttps://www.investmentkit.com/articles/wp-content/uploads/2017/09/Matrimony.com-Private-Ltd-IPO-150x150.jpgStock MarketIPO,Matrimony.com Private Ltd IPO,stock marketDetails of the Matrimony.com Private Ltd IPO Issuer: Matrimony.com Pvt. Ltd.Issue opening date: 11th September, 2017Issue closing date: 13th September, 2017Issue size: Rs496.72 Crores to Rs497.48 CroresLot size: 15 Equity shares and in multiples thereafterPrice band: Rs983 to Rs985Issue allocation: QIB – 75% NIB – 15% Retail – 10%Discount: Rs98 per...Admin[email protected]AdministratorInvestmentKit Articles
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