Matrimony.com is coming up with Rs.500 crore ipo in September. The company is doing online match making and financial not looks good as the current year shows profit but all other were in loss. As the price band on a higher side and with face value of Rs.5 is been a point of discussion. The results seems to be very much on a negative side for last few years and then this year it shows positive. One should think before applying for the same.
Matrimony.com IPO Review:
Just checking the financial it shows good in March 2017 but when we look at last few years it is on a negative side. This year it shows 44 crore while it was 75 crore in 2016. Revenues increased but it is not that much compare to 2017 vs 2016.
Company Promoters:
DRHP Draft Prospectus
Matrimony.com IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com
Matrimony.com IPO Lead Managers:
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
- Avoid at Current Level, Might Get Listing Gain
- IPO Open: 11-September-2017
- IPO Close: 13-September-2017
- IPO Size: Approx Rs.500 Crore (Approx)
- Face Value: Rs. 5 Per Equity Share
- Price Band: Rs. 983 to 985 Per Share
- Listing on: BSE & NSE
- Retail Portion: 10%
- Retail Discount: Rs.98
- Total Size: 3,767,254 Equity Shares
- Shares: Apply for 15 Shares (Minimum Lot Size)
- Amount: Rs.14775
- Amount with Retail Discount: Rs.13305
- Basis of Allotment: 19-September
- Refunds: 20-September
- Credit to demat accounts: 20-September
- Listing: 21-September
Just checking the financial it shows good in March 2017 but when we look at last few years it is on a negative side. This year it shows 44 crore while it was 75 crore in 2016. Revenues increased but it is not that much compare to 2017 vs 2016.
| Results for the year (Rs. in Crore) | ||||||
|---|---|---|---|---|---|---|
| Mar-17 | Mar-16 | Mar-15 | Mar-14 | Mar-13 | ||
| Total Assets | 119.36 | 123.85 | 103.19 | 83.08 | 90.30 | |
| Total Revenue | 292.93 | 255.43 | 242.84 | 207.31 | 188.78 | |
| Profit After Tax | 43.78 | (75.06) | (2.90) | (9.14) | 10.44 | |
Company Promoters:
- Murugavel Janakiraman
DRHP Draft Prospectus
Matrimony.com IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com
Matrimony.com IPO Lead Managers:
- Axis Capital Limited
- ICICI Securities Limited
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
