Matrimony.com Limited IPO Message Board (Page 23)

Has anyone seriously looked at the number of shares offered to retail category??
It is only 509890 shares.
Naturally it is going to be hugely oversubscribed and pure lottery game.
So forget serious analysis as one in 10 applications may get 15 shares.
If you get sell and go to the next one.

Use this code ASHOB1611 to open free account in 5paisa.com.

Info edge is a listed peer with jeevansathi.com hence we can compare matrimony with jeevansathi.com. jeevansathi trading at prices of 960 levels. so experts, what say apply or not?

What are the chances if i apply IPO from rbl net banking

0 %

No difference will be there. what ever the bank you use for ASBA.

@chem cho sir
What your view on matrimony?
Please reply

One of the objective of the issue is to buy land in Chennai for a office location... this will help the company to locate all the employees in one central location ... currently they are staggered into multiple locations ... around 40 crores from the IPO will be used to buy that land.... Later around 20 crores will be required to build that office... the company plan to use that 20 crores from that profit so that will be added as a expenses in later quarters....

However once this is set up ..... this will be saving to the company as currently the rent the offices in Chennai which costs 6 CR per year......

IPO Name Issue Price       Issue Size (in crores)       Lot Size       Open Date CloseDate
Matrimony.com 983.00-985.00      500.32 - 501.07      15      11-Sep      13-Sep
Capacit''e Infra      245-250      400      60      13-Sep      15-Sep
ICICI Lombard GIPO      651-661      5614.69-5700.94      22      15-Sep      19-Sep
Sagar DiamondsSME IPO      40-45      13.52 - 15.21      3000      14-Sep      18-Sep
Sri Krishna Met SME IPO 55      19.25      2000      14-Sep      18-Sep
Worth Periphera SME IPO 40-43      17 - 18.28      3000      15-Sep      19-Sep
R M Drip & Spri SME IPO 53-57      10.65 - 11.46      2000      19-Sep      25-Sep
Shree Tirupati SME IPO 36-40      9.72 - 10.8      3000      21-Sep      26-Sep

If in Ahmadabad anyone facing problem of bidding ASBA Application in banks. Kindly contact me I will open your saving account within same day and bidd your asba application with same day and giving you bidd no.

Matrimony.com Ltd. IPO subscription figure
day 1 @7pm:-

QIB - 0.83x
HNI - 0.002x
RII - 1.19x
Employees - 0.15x
Total - 0.67x

Not bad on first day. Good start so let''s wait for tomorrow.

Let''s hope HNIs and employees quota fully subscribe. Even if it gets subscribed 1x-2x, there may be chances of listing gain for us. QIBs only 0.17x far away.Till now it is going on as per our earlier estimate and have better figures than BRNL.
BRNL on 1st day was : QIB 0.19x , NII 0.01x & RII 0.76x } 0.22X

in retail one lot amount blocked 13305/- under union bank ASBA.

HaHa good joke kenil. At the time of HUDCO IPO , HUDCO was giving discount but SBI was blocking full amount

@Shareview ,, ha ha ha

Negative book value as on 30.06.17 makes this issue an aggressively priced. Only, only and only risks savvy investors with surplus funds may consider applying.

After reading the diffrent views on Matrimony i find the following ratings
Nirmal Bang-Subscribe
Krchoskey-Subscribe
India Infoline-apply for Listing gains
GEPL Capital-Subscribe Rating
Choice Broking-Avoid
Angel Broking-Subscribe
Ashika Direct-positive view
Motilal Oswal-Subscribe

Mr.Chaudhary what about your decision?

Mr. Phrao i will apply for the listing gain(if allotted) on last day after seeing the subscription no.and i hope definitely it will subscribe heavily.

What is GMP??

It is possible to divide major chunk indian matrimony market into 3 areas :

1. a segment of population which believes in normal face to face meetings in local regions and get married where there is some references (People with orthodox mentality most of the rural segment : Approx 70% of chunk). This market segment will never agrees for online mate finding and as the feeling is associated with marriage which is considered holy in india and hard to get change

2. People don''t believe in arrange marriage at all, this culture is getting increased day by day in metros and urban areas because of westernization (7-10 %). There are a lot of dating applications like tinder. So they really don''t need this kind of sites.

3. Overlapping : Not so orthodox but not so modern to accept dating. main market segment for all matrimony sites is this (20-25%). Here the company has a lot of competition from 100s of local marriage bureaus and shadi.com is more famous than matrimony.com

PE ratio : around 40 is much higher compare to growth
Profit margin : Because of competition company is playing on paper thin margin

It may give short term gains because of bullish market but strong avoid for long term

I am also thinking like same. Will apply for listing gain if any. Will not go for medium or long term

Very small IPO with only less number of shares for NII and RII, will easily get oversubscribed like Dixon. Apply with full force and hope for allotment.

Best is to avoid this stock. Overpriced and just riding on the bullish phase. Has been in losses so many times how it deserves such a hefty premium. Take your call and better put in coming IPO of Sbi and Icici.

Dear chem cho

pl.advise me whether I can apply this ipo.

First Day Subscription Numbers:
QIB : 0.83
NII : 0.00
Retail : 1.19
Total : 0.67

Apparently Retail Investors have shown more enthusiasm for the issue till now !! :)

Centrum Broking: Avoid

This brokerage noted three reasons to avoid the IPO.

"Although there could be fancy on the street for such a kind of consumer focused internet services company, but owing to weak financials (net losses in the past and erosion of net worth) we are not comfortable recommending the IPO," it said.

The brokerage said that at the upper price band of Rs 985, the offer is valued at 46.2 times P/E on FY17 basis (post dilution). Although consumer internet services companies trade at premium valuation on account of their fancy on the street but in comparison to peers matrimony valuation looks stretched on account of weaker financials, it said. Besides, it noted that 74 per cent of the issue is Offer for Sale. Even if money raised at such valuations was flowing into the company, it would have ultimately belonged to shareholders, it said.

Allahabad bank not given discount.Full amount block.
What can we do ?

Wait hoto allotment

same with SBI