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Matrimony.com Limited IPO (Matrimony IPO) Detail

Sep 11, 2017 - Sep 13, 2017

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.

Company Promoters:

Murugavel Janakiraman is the Promoter of the Company.

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,193.62 1,238.46 1031.90 830.76 902.97
Total Revenue 2,929.30 2,554.29 2,428.41 2,073.14 1,887.83
Profit After Tax 437.83 (750.55) (29.04) (91.35) 104.35

Objects of the Issue:

The Offer consists of a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

Offer for Sale

Company will not receive any proceeds from the Offer for Sale.

Objects of the Fresh 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.

Issue 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
  »»  Market Lot: 15 Shares
  »»  Minimum Order Quantity: 15 Shares
  »»  Listing At: BSE, NSE

Discount to Retail Investors

A discount of Rs 98 is offered to investors in retail category

Matrimony IPO Reviews:

  1. Matrimony.com Limited IPO review by Dilip Davda

Matrimony IPO Recommendations:

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Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIEmployeeTotal
Shares Offered / Reserved1,530,905764,836509,8905,6492,811,280
Day 1 - Sep 11, 2017 17:00 IST0.83000.00001.19000.15000.6700
Day 2 - Sep 12, 2017 17:00 IST0.83000.02004.97000.82001.3600
Day 3 - Sep 13, 2017 17:00 IST1.88000.410018.16003.20004.4400

Matrimony IPO Prospectus

Matrimony IPO Rating

797
3.8
Rating:Rated 3.8 stars

Vote Here ...

Matrimony IPO Listing Date

  •   ›  Listing Date: Thursday, September 21, 2017
  •   ›  BSE Script Code: 540704
  •   ›  NSE Symbol: MATRIMONY
  •   ›  Listing In: B Group of Securities
  •   ›  ISIN: INE866R01028
  •   ›  Issue Price: Rs 985 Per Equity Share
  •   ›  Face Value: Rs 5 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 985.00
Rs 985.00
Rs 893.20
Rs 1,025.00
Rs 901.20
723,538
NSE
Rs 985.00
Rs 985.00
Rs 896.25
Rs 1,024.00
Rs 904.65
3,338,604

Matrimony IPO News Alerts

  1. Thursday, September 21, 2017 12:00:00 AM
    Matrimony.com Limited IPO - Listing
  2. Wednesday, September 13, 2017 12:00:00 AM
    Matrimony.com Limited IPO - Close
  3. Monday, September 11, 2017 12:00:00 AM
    Matrimony.com Limited IPO - Open

Company Contact Information

Matrimony.com Limited
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
Website: http://www.matrimony.com

Matrimony IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com

Matrimony IPO Lead Manager(s)

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Matrimony IPO Review / Comments

avatar
555. Suryadeep  Oct 3, 2017 12:32:28 PM IST I Like It. | Report Abuse Reply
@VALUE INVESTOR : I just started investing and my first investment was on Matrimony.com. Since I don''t have a trading a/c I used my friend''s and got 2 lots. Even after 5-10 years can I get any profits on it. Or shall I sell right away. Please suggest. And kindly help me by providing a best brokerage company(I''m a victim of 5paisa false promises already..Oh God. What an awkward welcome to an young investor)
avatar
555.2. Manofsteel  Oct 8, 2017 3:07:21 AM IST I Like It. | Report Abuse
Matrimony is a company which has its income from people loggin in and subscribing to the paid services.
As you know. In india. No one would do that.
So Matrimony has only about 25 % of the total online profiles paying for the subscription.
So it is not good from an investors point of view of a profit making company.
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555.3. Vijendra  Oct 31, 2017 2:35:21 PM IST I Like It. | Report Abuse
880 rs highest .. time to sale 900-910
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554. Solution of Queries  Oct 11, 2017 1:33:28 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
No big moment will come in this counter in short term !! so better No new buying
avatar
553. R R Patel  Sep 27, 2017 8:50:07 PM IST I Like It. 2 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 2200+ Likes)
New entry not suggested in this script @ poor sentimet of market. One can enter at lower level around 650-690 after some time.
avatar
552. Johnswan  Sep 25, 2017 12:02:53 PM IST I Like It. | Report Abuse Reply
Moving At low volume May see profit booking at 370 level
avatar
551. DK GOYAL  Sep 25, 2017 3:02:47 AM IST I Like It. | Report Abuse Reply
Maine 3 application lagai aur 3 m hi allotment mil gya ab mujhe bahut loss ho raha h kya karna chahiye.....listing k din m kisi karnvash market nahi dekh paya tha
avatar
550. R.R.  Sep 24, 2017 4:01:53 PM IST I Like It. | Report Abuse Reply
Is this a good shorting bet?
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549. IPO EQUITY  Sep 24, 2017 9:12:06 AM IST I Like It. 1 | Report Abuse Reply
Matrimony will go to down till 650 ...enjoy the reverse ride....
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548. manjitsingh  Sep 23, 2017 10:10:51 PM IST I Like It. 1 | Report Abuse Reply
It will settle between 600 to 650 rs
... sold if u get any bounce....
avatar
547. Prabhu Muthukalai  Sep 20, 2017 2:40:17 PM IST I Like It. | Report Abuse Reply
Someone says in the below comment box; no future..one think to note this generation cannot live without mobile phones, i keep seeing all my relatives and friends look for partner through internet only .. with the penetration of internet era on hand in mobile with almost all; future is bright for this business with right execution..agree valuation is not comfortable..so who believe this evergreen business can go for long.. moreover limited players business always will have better valuation...I am going to buy for long as they are being leader in this business..
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547.8. Hawk eye  Sep 22, 2017 1:04:06 PM IST I Like It. 3 | Report Abuse
I don''t know why you guys are comparing with amazon, flipkart . Matrimony is an app which people use once in a life time. Its not like flipkart or amazon where you are going to buy the products more than once. As this company has rich valuation people are trying to exit from the shares.
avatar
547.9. Silapathar  Sep 23, 2017 7:47:37 PM IST I Like It. 1 | Report Abuse
@Ankitxyz , I doubt you read the RHP...if you had read the RHP you would know why the company moved from loss to profit in the past 12 months
avatar
546. Silapathar  Sep 20, 2017 10:27:40 PM IST I Like It. | Report Abuse Reply
IMO, it will list around 1000 but might go up to 1200 very sharply.
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546.2. nikunj pandya  Sep 20, 2017 11:47:35 PM IST I Like It. 1 | Report Abuse
@ Silapathar
i have one lot do you want to buy at 950
if NOT then stop this type of nonsence comment
avatar
546.3. Silapathar  Sep 23, 2017 7:44:42 PM IST I Like It. 2 | Report Abuse
Why will I buy at 950, it is available at 800 now.....if you want to sell for 700, I can buy 1 lot.
avatar
545. Silapathar  Sep 23, 2017 7:42:49 PM IST I Like It. 1 | Report Abuse Reply
Among the current lot of IPO''s, this one looked fairly priced but not over priced, still it is going downhill.....I wonder what will happen to Lombard, prataap and SBI Life, which are highly overpriced.

I still believe this one will bounce back and give good returns in 6 months.
avatar
544. Navkant  Sep 23, 2017 2:01:58 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Hope all retailers excited within the discount cushion they had. I withdrew my applications before cut off for this one. Going to test 750 on Monday.
avatar
543. R R Patel  Sep 23, 2017 11:27:39 AM IST I Like It. 3 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 2200+ Likes)
It may go further down upto 680-700. Enter at that level if any one want for long term.
avatar
542. phrao  Sep 21, 2017 3:53:44 PM IST I Like It. | Report Abuse Reply
Tomorrow DOWN TREND continued.
EXIT
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542.1. phrao  Sep 22, 2017 6:23:35 PM IST I Like It. | Report Abuse
This is my analysis PAKKA triggered
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541. phrao  Sep 13, 2017 8:04:56 PM IST I Like It. 2 | Report Abuse Reply
On listing date it is trading in between 975 to 1025 . don''t worry.
avatar
541.1. phrao  Sep 22, 2017 6:20:54 PM IST I Like It. 1 | Report Abuse
This my analysis PAKKA triggered
avatar
540. gundu anna  Sep 22, 2017 4:07:33 PM IST I Like It. 4 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
This kind of stocks are required to give loses and weed out excessive retail punters....
avatar
539. IPO Fanatic  Sep 22, 2017 3:27:03 PM IST I Like It. | Report Abuse Reply
@Ankitxyz : Company is not looting you. They didn''t force us to apply. Its up to us to pass such issues. Hope our brothers will get one more chance to get out of this counter.
avatar
539.1. Ankitxyz  Sep 22, 2017 3:30:37 PM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
I did not apply. ....I too hope everyone will get at least one chance to exit. I also hope that they won''t be greedy when the opportunity comes
avatar
538. IPO Fanatic  Sep 13, 2017 3:34:42 PM IST I Like It. 2 | Report Abuse Reply
Its Bad..I am skipping this IPO. Not making sense to me. Firstly issue is overpriced & then QIB / NII Subscriptions are low.
avatar
538.3. IPO Fanatic  Sep 22, 2017 1:38:08 PM IST I Like It. 2 | Report Abuse
I think that IPOs like Matrimony & Bharat Road will bring some sanity to the market. Retails Investors have gotten too greedy & were bidding in all IPOs right , left & center. All IPOs are not meant to make you money & thats why RII should study the IPO carefully before they apply.
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538.4. Ankitxyz  Sep 22, 2017 3:24:12 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
This company will looot U
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537. Professional  Sep 22, 2017 3:07:54 PM IST I Like It. | Report Abuse Reply
Unlucky guys, already touched 800/- will go down below 600/-. More supply and no demand because of loss encoring company. So pity who invested in this.
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536. Skkanabhi  Sep 22, 2017 1:15:28 PM IST I Like It. 2 | Report Abuse Reply
I got allotment and luckily sold all shares @ 1002.5
avatar
536.1. Manofsteel  Sep 22, 2017 3:04:14 PM IST I Like It. 1 | Report Abuse
Lucky!!
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