Matrimony.com IPO subscribed 4.41x at 07:00 pm on Day 3 (September 13, 2017). QIB subscribed 1.88x, NII subscribed 0.41x, employee subscribed 3.22x and Retail subscribed 17.99x.
Commenting on the oversubscription to the IPO, Murugavel Janakiraman, Founder and Managing Director – Matrimony.com, said, “We are indeed overwhelmed by the response to the IPO, and I would like to thank the public and all our investors for reposing confidence in the positive and unique story of Matrimony.com. I also take this opportunity to thank our associates, millions of our members and partners who supported us in the successful journey of 17 years. I’m confident that together we will deliver value for all stakeholders in the years to come.”
Matrimony.com – IPO Highlights
Opens Monday, Sep 11th, 2017
Closes Wednesday, Sep 13th, 2017
Price Band INR 983 to INR 985 (Retail Discount of Rs. 98)
Bid Lot 15 Equity Shares
BRLMs Axis Capital Limited and ICICI Securities Limited