Matrimony.com Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,822,130 (75%) | — | ₹37,648 Cr |
| NII (HNI) | — | 764,425 (15%) | — | ₹7,530 Cr |
| Retail | — | 509,617 (10%) | — | ₹502 Cr |
| Employee | — | 5,636 (0%) | — | ₹6 Cr |
| Σ Total | — | 5,101,808 (100%) | — | ₹502,528 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 15 | ₹14,775 |
| Retail (Max) | 13 | 195 | ₹192,075 |
| S-HNI (Min) | 14 | 210 | ₹206,850 |
| B-HNI (Min) | 67 | 1,005 | ₹989,925 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 293 | 255 | 243 |
| Profit After Tax | 44 | 75 | 3 |
| Total Assets | 119 | 124 | 103 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Advertising and business promotion activities – 20.00
- 2 Purchase of land for construction of office premises in Chennai – 42.58
- 3 Repayment of the overdraft facilities – 43.34
- 4 General corporate purposes – 15.64
Company Overview
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.