BharatMatrimony.com is going to come out with its initial public offering (IPO) in the month of September.
I am sure in the current BULL RUN, small and medium investors are running after all IPO’s to get good listing gains !!!
After good response to recent issues like D-Mart, HUDCO, CDSL, AU Small Finance Bank, Salasar Techno Engineering, Cochin Shipyard Limited, etc, investors would be eagerly waiting for BharatMatrimony.com IPO….
I am sure you might be searching for all details about BharatMatrimony.com IPO.
BharatMatrimony.com Company Profile :
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).
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.
Murugavel Janakiraman is the Promoter of the Company.
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BharatMatrimony.com IPO Detail :
Issue Open: Sep 11, 2017 – Sep 13, 2017
Issue Type: Book Built Issue IPO
Issue Size: Fresh Issue of [.] Equity Shares of Rs 5 aggregating up to Rs 130.00 Cr, Offer for Sale of 3,767,254 Equity Shares of Rs 5 aggregating up to Rs [.] Cr
Face Value: Rs 5 Per Equity Share
Issue Price: Rs 983 – Rs 985 Per Equity Share (Discount of Rs 98 is offered to RII.)
Market Lot: 15 Shares
Minimum Order Quantity: 15
Listing At: BSE, NSE
Important Dates of BharatMatrimony.com IPO :
Bid/Offer Opens On: September 11, 2017
Bid/Offer Closes On: September 13, 2017
Finalisation of Basis of Allotment: September 19, 2017
Initiation of refunds: September 20, 2017
Credit of Equity Shares to demat accounts: September 20, 2017
Commencement of trading of the Equity Shares on the Stock Exchanges: September 21, 2017
IPO Issue Allocation :
- Qualified institutional buyers (QIBs) – 50% of the offer.
- Non-institutional bidders – 15% of the offer.
- Retail individual bidders – 35% of the offer.
Download Red Herring Prospectus of BharatMatrimony.com IPO :
Grey Market Premium (GMP) of BharatMatrimony.com :
According to media reports, the current grey market premium for this issue is around Rs. 200 – Rs. 225 per share which can translate a listing gain of around 20 % for this issue and considering the 10 % discount offered to retail investors, one can expect a listing gain of around 30 % for retail individual investors.
Company Contact Information :
TVH Beliciaa Towers,
Tower II, 10th Floor, No. 94,
MRC Nagar, Mandaveli, Chennai – 600028
Phone: +91 44 2463 1500
Fax: +91 44 2463 1777
Email: compliance @matrimony.com
BharatMatrimony.com IPO Registrar :
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
BharatMatrimony.com IPO Lead Manager(s) :
- Axis Capital Limited
- ICICI Securities Limited
BharatMatrimony.com IPO Allotment Status :
You can check the allotment status i.e., whether you have got the shares of BharatMatrimony.com or not by vising the website of Registrar of the Issue which in this case is Karvy Computershare.
Check BharatMatrimony.com IPO Allotment Status @ Check BharatMatrimony.com IPO Allotment Online