IPO Issue Details
Issue Price / Price Band₹985 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size15 Shares per Lot
Total Issue Size51,02,151 shares (aggregating up to ₹496.88 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 11 Sep 2017
Subscription CloseWed, 13 Sep 2017
Anchor AllotmentFri, 08 Sep 2017
Basis of AllotmentTue, 19 Sep 2017
Initiation of RefundsWed, 20 Sep 2017
Credit of Shares to DematWed, 20 Sep 2017
Listing DateThu, 21 Sep 2017
UPI Mandate Deadline2017-09-13
Application & Investment Details
Retail — Min (1 Lots)₹14,775 — 15 shares
Retail — Max (13 Lots)₹192,075 (13 Lots)
HNI — Min (14 Lots)₹2,06,850 — 210 shares
Pre-IPO Promoter Holding2,12,59,801 shares
Post-IPO Promoter Holding2,25,94,355 shares
Fresh Issue Shares13,34,897 shares (aggregating up to ₹130.00 Cr)
Offer for Sale Shares37,67,254 shares of ₹5 (aggregating up to ₹366.88 Cr)
About Matrimony.com Ltd.
Incorporated in 2001, Matrimony.com is engaged in providing online matchmaking and marriage services. They offers their services through Internet and mobile platforms in India and internationally.They are one of the first companies to provide online matchmaking services in India, having database comprising 3.08 million active profiles (being profiles that have been published or logged in at least once during the prior 180 day period). They offer a range of targeted and customized products and services that are tailored to meet the specific requirements of customers based on their religious or caste preferences or other criteria such as marital status and age bracket.As of June 30, 2017, they had 140 retail centers distributed across India where customers can walk in and register on their websites. its flagship brand, BharatMatrimony, has 15 language based domains under its umbrella. They also have other portals like EliteMatrimony, CommunityMatrimony, MatrimonyDirectory, MatrimonyPhotography, MatrimonyBazaar, MatrimonyDirectory and MatrimonyMandaps.
Objects of the Issue
Matrimony.com Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Advertising and business promotion activities
20.00
2
2 Purchase of land for construction of office premises in Chennai
42.58
3
3 Repayment of the overdraft facilities
43.34
4
4 General corporate purposes
15.64
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,12,59,801 shares
Post-IPO Promoter Holding
2,25,94,355 shares
Lock-in Period (30%)October 19, 2017
Lock-in Period (50%)December 18, 2017