Matrimony.com Limited IPO to open for subscription on Sep 11, 2017

The Initial Public Offering (IPO) of Matrimony.com Limited will open for subscription on Monday, September 11, 2017. The company is coming out with Initial Public offer of Fresh issue of Upto Rs 1,300 Million and offer for sale Upto 37,67,254 Equity Shares (including anchor portion of 2,293,277 Equity Shares).

The 100% Book Building issue is priced at a band of Rs 983 to Rs 985. The Face Value of the share is Rs 5. The company is offering a discount of Rs 98 per share to Retail and Eligible Employee Category.

Axis Capital Limited and ICICI Securities Limited are the Book Running Lead Managers and Syndicate Members to the issue.

Karvy Computer Share Private Limited is the Registrar to the company.

The Minimum Order Quantity is 15 Equity Shares and in multiples of 15 Equity Shares thereof.

The IPO closes for subscription on Wednesday, September 13, 2017.

Source : Equity Bulls

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