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Matrimony.com Limited Buyback (Matrimony.com Buyback) Detail

Matrimony.com Limited provides matchmaking and marriage related services. The company is engaged in offering matchmaking and marriage related services through websites, mobile sites, mobile apps and 120+ retail outlets. Matrimony.com is a flagship brand of BharatMatrimony, with over 3000+ associates serving millions of active members. The company offers marriage services through WeddingBazaar, Mandap.com and Shaadi Saga.

Matrimony.com Buyback Detail

Issue Period
Security NameMatrimony.com Limited
Issue TypeTender Offer
Issue Size (Shares)0.07 Crores
Issue Size (Amount)₹75.00 Crores
Buyback Price₹1150 per share
Face Value₹5 per share
Listing AtBSE, NSE

Buyback Ratio

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Matrimony.com Buyback Documents

Matrimony.com Buyback Rating

6
4.7
Rating:Rated 4.7 stars
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Matrimony.com Buyback Reviews

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Company Contact Information

Matrimony.com Limited
No:94, TVH Beliciaa Towers,
Tower 2, 5th Floor, MRC Nagar,
Raja Annamalaipuram, Chennai - 600 028,

Phone: 044-49001919
Email: corpcomm@matrimony.com
Website: https://www.matrimony.com/

Matrimony.com Buyback Registrar

Matrimony.com Buyback Manager

Lead Manager(s)

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9 Comments

9. KAMMA SIVA RAMA KRISHNA   I Like It. 1 | Report Abuse |   Link | May 24, 2022 11:23:04 AM Reply
Birla Soft Buyback Particulars:

Buyback size: upto 78,00,000 shares
Buyback price : Rs. 500/-
Buyback amount: Rs.390 Crores
Mode : Through Tender Offer
Record date : Yet to be announced
CMP: Around Rs. 378/-
Happy investing to all of you. Thank you.
8. KAMMA SIVA RAMA KRISHNA   I Like It. | Report Abuse |   Link | May 16, 2022 9:42:36 PM Reply
Purchased 30 shares @ Rs. 765.05. Planning to purchase 20 more shares @ Rs. 750.05, if available. Thank you.
8.9. KAMMA SIVA RAMA KRISHNA   I Like It. | Report Abuse |   Link | May 23, 2022 9:14:53 PM
Sir,
It’s only a guess working. No one can assure you. You may try as the risk involved is not that much significant. All the best.
8.10. MRavichandran   I Like It. | Report Abuse |   Link | May 23, 2022 9:54:21 PM
@KSRK Ji,
Noted, appreciated your advise.

Thanks
7. MRavichandran   I Like It. | Report Abuse |   Link | May 20, 2022 2:18:08 PM Reply
Dear all,
I am new to the buy back...

'Zydus life' buy back announced while ago @650 against CMP of about 355... is it good buy ?
appreciate your advise.

Thanks
6. Rishabh   I Like It. | Report Abuse |   Link | May 15, 2022 11:51:59 AM Reply
Review ?

Will 1 share strategy work ?
6.2. arvindarvind   I Like It. | Report Abuse |   Link | May 16, 2022 4:32:55 PM
Total public share holder are 16646,
And total no of share are 1 lakh, so i think one share formula will work,
Expert please reply.
6.3. antarix   I Like It. 2 | Report Abuse |   Link | May 18, 2022 11:45:02 AM
To understand this, we may refer to TCS buyback process (I could not find same for Matrimony).

19.15 Subject to the provisions contained in the Letter of Offer, the Company will accept the Equity Shares tendered in the Buyback by the Small Shareholders in the Reserved Category in the following order of priority:

19.15.1 Acceptance of 100% Equity Shares from Small Shareholders in the Reserved Category, who have validly tendered their Equity Shares to the extent of their Buyback Entitlement or the number of Equity Shares tendered by them,
whichever is less.

19.15.2 After the Acceptance as described in Paragraph 19.15.1 above, in case there are any Equity Shares left to be bought back from Small Shareholders in the Reserved Category, the Small Shareholders who were entitled to tender zero
Equity Shares (on account of fractional entitlement), and have tendered Additional Equity Shares as part of the Buyback, shall be given preference and one Equity Share each from such Additional Equity Shares shall be bought
back in the Reserved Category.

I think para 19.15.2 makes it clear that shareholders tendering 1 share will be considered only after other shareholders's entitlement has been considered. As the demand for buyback will be high, I doubt that tendering one share will work 100%. But still, I am inclined towards this experiment.
5. KAMMA SIVA RAMA KRISHNA   I Like It. 1 | Report Abuse |   Link | May 17, 2022 9:31:40 PM Reply
Motilal Oswal Financial Services Buyback Particulars:
Buyback size: upto 14,54,545 shares
Buyback price : Rs. 1100/-
Buyback amount: Rs.160 Crores
Mode : Through Tender Offer
Record date : Yet to be announced
CMP: Around Rs. 851/-
Happy investing to all of you. Thank you.
5.1. KAMMA SIVA RAMA KRISHNA   I Like It. | Report Abuse |   Link | May 18, 2022 11:28:45 AM
Record Date is. 27/05/2022. Thank you.
4. Jetha Lal   I Like It. 1 | Report Abuse |   Link | May 18, 2022 9:52:18 AM Reply
@Lokes: whether 1 share strategy will work in MOSFL Buyback?
3. DSR   I Like It. | Report Abuse |   Link | May 17, 2022 12:28:37 AM Reply
These days..buyback is equivalent to dividend whenever the size is small.

Now will you buy any stock for dividend..the answer is no.
Especially with the current market conditions..buybacks are becoming too risky.
2. Arun   I Like It. | Report Abuse |   Link | May 16, 2022 11:35:22 PM Reply
Experts r not interested in buying only 1 share, thats y there r no replies
1. Rishabh   I Like It. 1 | Report Abuse |   Link | May 16, 2022 7:27:04 PM Reply
As per the offer letter :
General Public -
No. of shareholders : 16,646
Total Shares : 14,79,079
% of total Shares : 6.46 %

Considering , General Public to be Retail Investors and assuming Single share Strategy will work on 'No. Of shareholders' .

Retail Reservation = 0.15 × 6,52,173 = 97,825

As No. Of Shareholders' & Reserved Shares for Retail Investors has large difference , Can we consider ' 1 Share Strategy to work ' ?

Please Reply , Any Senior Member