#BHARAT MATRIMONY #IPO #INFORMATION

                                                      #IPO INFORMATON

                                                #BHARAT MATRIMONY

·         IPO DATE –  11 to13 September 2017

·         IPO TYPE - FRESH ISSUE (130cr) OFS (371cr)

·         IPO OFFER - Rs500 crore

·         FACE VALUE – Rs5 per share

·         ISSUE PRIES – Rs983-985

·         MINIMUM ORDER – 15 share

·         Retail allocation – 10%

·         Discount  retail investor –Rs 98

·         Listing – NSE, BSE

·         13305Rs minimum application amount

 #ALLOTMENT SCHEDULE

·         19September –finalization of allotment

·         20September – unblocking of ASBA

·         20September- credit to emat account

·         21September- listing on NSE&BSE

       #OBJECTIVE OF ISSUE

·         General corporate purposes

·         Advertising &promotion activities

·         Construction – office premises in Chennai

·         Repayment on overdraft

        #ABOUT THE COMPANY

Incorporated on July13, 2001 provides online matchmaking and marriage services under Bharat Matrimony brand. 3 million active clients are there. Matrimony has 140 offices, 3500 work force operates 15 languages. Company provides services like wedding photography and videography.

Financial performance

	FY13	FY14	FY15	FY16	FY17
Total revenue	188.7	207.3	242.8	255.4	292.3
Profit after tax	10.4	-9.1	-2.9	-75	43.8

·         For the education invest on market risk