Matrimony.com IPO
Matrimony.com IPO — date, price band, lot size & details 2017
Matrimony.com listed on 21 Sep 2017 at ₹985, flat to the ₹985 issue price.
Matrimony.com runs online matchmaking and marriage services through internet and mobile platforms in India and abroad. Its total income was Rs 267.68 crore in FY2017.
Stock price
Matrimony.com is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 14 November.
- Open 11 Sep 2017
- Close 13 Sep 2017
- Allotment 19 Sep 2017
- Refund/credit 20 Sep 2017
- Listing 21 Sep 2017
Issue summary
The terms of the offer, as filed.
| IPO Dates | 11 to 13 Sep, 2017 |
|---|---|
| Price Band | ₹983 – ₹985 |
| Face Value | ₹5 |
| Lot Size | 15 Shares |
| Issue Size | ₹496.88 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 98.00 per share |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,775 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 15 shares at the ₹985 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 15 | ₹14,775 |
| Retail (max) | 13 | 195 | ₹1,92,075 |
| S-HNI (min) | 14 | 210 | ₹2,06,850 |
| S-HNI (max) | 67 | 1,005 | ₹9,89,925 |
| B-HNI (min) | 68 | 1,020 | ₹10,04,700 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01It had a database of 3.08 million active profiles.
- 02Total income rose from Rs 240.63 crore in FY2015 to Rs 267.68 crore in FY2017.
- 03It turned a loss of Rs 23.10 crore in FY2016 into a profit of Rs 22.53 crore in FY2017.
- 04EBITDA rose from Rs 12.64 crore in FY2016 to Rs 37.74 crore in FY2017.
Risks · 5
- 01Net worth was negative at Rs 1.18 crore in FY2017 and only Rs 7.52 crore on 30 June 2017.
- 02It made losses of Rs 4.47 crore in FY2015 and Rs 23.10 crore in FY2016.
- 03Online matchmaking competition is strong, and it needs heavy advertising; Rs 20.00 crore of the issue was for ads.
- 04Rs 366.88 crore of the Rs 496.88 crore issue went to selling shareholders, and Rs 42.58 crore went to buying land.
- 05Promoter holding fell from 55.97% before the issue to 50.6% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Matrimony.com offer document.
| Metric | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 131.71 | 121.95 | 121.15 | 100.35 |
| Total Income | 77.00 | 267.68 | 253.73 | 240.63 |
| Profit After Tax | 8.46 | 22.53 | -23.10 | -4.47 |
| EBITDA | 13.41 | 37.74 | 12.64 | 22.48 |
| NET Worth | 7.52 | -1.18 | -24.51 | -1.41 |
| Reserves and Surplus | -3.11 | -11.80 | -33.71 | -10.60 |
| Total Borrowing | 43.34 | 44.38 | 48.35 | 27.23 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Where the money goes
₹121.56 Cr of the issue is earmarked to named objects.
Matrimony.com IPO Anchor Investors
10 anchor investors across 5 fund houses committed ₹225.89 Cr a day before the issue opened.
| Anchor Investor | Fund House | Shares | Amount (₹ Cr) | % of Anchor Book |
|---|---|---|---|---|
| Smallcap World Fund, Inc | Smallcap World Fund | 764,400 | 75.29 | 33.33% |
| HDFC Trustee Company Limited - HDFC Prudence Fund | HDFC Mutual Fund | 580,680 | 57.20 | 25.32% |
| HDFC Trustee Company Limited - HDFC Capital Builder Fund | HDFC Mutual Fund | 81,750 | 8.05 | 3.56% |
| HDFC Trustee Company Limited A/C HDFC Growth Fund | HDFC Mutual Fund | 102,000 | 10.05 | 4.45% |
| Baring Private Equity India AIF | - | 76,153 | 7.50 | 3.32% |
| BNP Paribas Arbitrage | BNP Paribas | 51,370 | 5.06 | 2.24% |
| Icg Q Limited | - | 102,705 | 10.12 | 4.48% |
| Goldman Sachs India Limited | Goldman Sachs | 406,095 | 40.00 | 17.71% |
| Threadneedle Specialist Investment Funds Icvc Global Extended Alpha Fund | - | 76,755 | 7.56 | 3.35% |
| Db International (Asia) Ltd | - | 51,369 | 5.06 | 2.24% |
| Total anchor allocation | 225.89 | |||
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
It offers its services through internet and mobile platforms in India and internationally, and was one of the first companies to offer online matchmaking in India.
It had a database of 3.08 million active profiles.
The IPO was Rs 496.88 crore, with Rs 130.00 crore of fresh issue and Rs 366.88 crore of offer for sale, at Rs 985, the top of the Rs 983 to Rs 985 band. The fresh money was for advertising, land for an office in Chennai and repaying overdrafts.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Matrimony.com IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
255 issues handledBest listing: Latent View Analytics (+160.0%). Weakest: Shriram Properties (-23.7%).
ICICI Securities
221 issues handledBest listing: Latent View Analytics (+160.0%). Weakest: Bannari Amman Spinning Mills (-25.2%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Matrimony.com?
The current Grey Market Premium is ₹75, or 8% over the issue price.
What is the Matrimony.com IPO price band?
₹983 to ₹985, on a face value of ₹5.
When is the allotment?
The basis of allotment is 19 September 2017, with listing on 21 September 2017.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
