Three companies — Matrimony.com, Capacit’e Infraprojects and ICICI Lombard — will launch their initial share sale offers this week to raise about Rs. 6,600 crore.
The IPO of Matrimony.com , which runs online match-making portals, will be open from Sep 11-13,2017
The IPO comprises fresh issue aggregating up to Rs. 130 crore and an offer for sale of up to 37.67 lakh equity shares.
The IPO comprises fresh issue aggregating up to Rs. 130 crore and an offer for sale of up to 37.67 lakh equity shares.
Matrimony.com, which runs online match-making business under BharatMatrimony brand, among others, is expected to raise over Rs. 500 crore.
The price band for the IPO has been fixed in the range of Rs.983-985 per share. The company has raised nearly Rs. 226 crore from anchor investors on Friday Sep 08,2017
Net proceeds from the issue would be utilised towards advertising and business promotion activities, purchase of land for construction of office premises in Chennai, repayment of overdraft facilities and general corporate purposes.
So far this year, 19 companies, including BSE, Avenue Supermarts and Central Depository Services (India) Limited, have hit the market with their IPOs.
Last week, Dixon Technologies and Bharat Road Network concluded their IPOs.
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