Matrimony.com Ltd Buyback
Matrimony.com Buyback 2024
Tender Offer
₹1,025.00
Buyback price per shareAbout Matrimony.com Ltd Buyback
Matrimony.com is the parent company of Bharat Matrimony, offering matchmaking services across India.The company has 60% of the market share in India and has more than 110 Retail Stores nationwide.
In December 2023, Matrimony.com introduced a new customer service platform, providing members with various contact methods to resolve their queries and issues quickly.In March 2024, the company launched MeraLuv, an exclusive dating app for Indian Americans that understands the bicultural nuances involved in matchmaking for the Indian diaspora in the USA.
Matrimony.com Ltd Buyback Details
Security Name
Matrimony.com LtdBuyback Price
₹1,025.00Face Value
₹5.00Listing at Group
BSE,NSELead Manager
Buyback Docs
Letter Of OfferIssue Size
702,439Matrimony.com Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| TBA | TBA | TBA | TBA |
| Last Date for receipt of Tender Forms | Finalisation of Buyback Acceptance | Last Date for settlement of bids | Last Date for Extinguishment of Shares |
| TBA | TBA | TBA | TBA |
Matrimony.com Ltd Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | / | |
| General Category for all other Eligible Shareholders | / |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|---|---|---|
| Total Revenue | 507.51 | 480.15 | 452.44 |
| Total Assets | 501.98 | 465.87 | 522.23 |
| Total Borrowing | -- | -- | -- |
| Reserves And Surplus | -- | -- | -- |
| Profit After Tax | 49.55 | 46.67 | 53.59 |
| Net Worth | -- | -- | -- |
How to Participate in Matrimony.com Ltd Buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Matrimony.com Ltd Buyback in Demat or physical form as on the record date TBA.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from TBA by selling your shares through your broker on BSE,NSE.
3. Then on TBA, the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
Calculation of Investment in Matrimony.com Ltd Buyback
Maximum market value of a share holder as on record date | ₹200,000.00 |
Buyback price per share | ₹1,025.00 |
Maximum share for small shareholders (200000/ 1025) | 195.12 share |
Closing price of stock as of 2024-09-05 | ₹804.05 |
Maximum amount insted in buyback (₹804.05 x 195.1219512195122 shares) | ₹156,887.80 |
* No. of shares stands to change according to the closing price on the record date
* For simplicity, we have considered the price on date Sep 5, 2024
Expected Profit from the Matrimony.com Ltd Buyback on the bases of acceptance Ratio:
Acceptance Ratio | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹156,887.80 | ₹156,887.80 | ₹156,887.80 | ₹156,887.80 |
No. of Shares Buyback | 64 | 97 | 146 | 195 |
Buyback Profit | 14140 | 21432 | 32258 | 43085 |
Profit% | 9.01% | 13.66% | 20.56% | 27.46% |
Matrimony.com Ltd Buyback - Necessity of the Objective
Matrimony.com Ltd Buyback
