Matrimony Buyback 2022 Record Date, Buyback Price & Details

Matrimony Buyback 2022

Matrimony Buyback 2022 announced on 12 May 2022. The Matrimony buyback to start from Announced Soon. The Company will do Buyback with equity of 6,52, 173 Equity Shares around 24.5% of Face Value ₹5 Each Fully paid off at a Price Of ₹1150/- Per Equity. The size of this Buyback is about ₹75 Crores. And this will be done through a Buyback Tender Offer.

Matrimony.com Ltd is engaged in the business offers offers online matchmaking services & marriage related Service on internet and mobile platforms. The Company delivers matchmaking services to users in India and the Indian diaspora through websites, mobile sites and mobile apps complemented by a wide on-the-ground network in India. The Company’s main websites are BharatMatrimony, Community Matrimony, Assisted Matrimony and EliteMatrimony. The company-owned 110+ retail outlets and More than 4000 employees work at over 20 offices across India. The company also has offices in the US and Dubai.

Read also:- Share Buyback List 2022

Necessity of the Buyback :

  • The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby enhancing the overall return to shareholders.
  • The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders’ value.

Matrimony Buyback 2022 Offer Details:

Event NameDetails
Buyback TypeTender Offer
Buyback Record Date04 July 2022
Buyback Offer Amount₹75 Cr
Date of Board Meeting approving the proposal12 May 2022
Date of Public Announcement12 May 2022
Buyback Offer Size2.85%
Buyback Number of Shares6,52, 173
ListingNSE, BSE
Face Value₹5/- Rs.
Buyback Price₹1150/- per share.
Paytm

Matrimony Buyback 2022 Dates :

We have covered all important dates related to “Matrimony Buyback 2022” Buyback Activity Dates are updated as they are announced.

Buyback ActivityDates
Board Meeting for Buyback proposal12 May 2022
Buyback Approval date12 May 2022
Public Announcement Date12 May 2022
Buyback Record Date04 July 2022
Buyback Opening DateAnnounced Soon
Buyback Closing DateAnnounced Soon

Matrimony Limited Financial Report (in Cr) :

YearRevenueExpensePAT
2022₹434₹348₹54
2021₹378₹311₹41
2020₹372₹317₹30
Upstox Referal

Quick Link :

Publication Letter
Letter of Offer
■ Application Form

Registrar of The Buyback :

Kfin Technologies Limited,
Address: Selenium Tower B,
Plot 31-32, Financia! District,
Nanakramguda, Serilingampally, Hyderabad – 500 032
Tel. No.: +91 40 6716 2222
Toll Free No,: 18003094001
Emall: [email protected]
Website: www.kfintech.com

Manager of The Buyback :

Motilal Oswal lnvestmentAdvisors Limited
Address: Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai- 400 025,
Maharashtra, India.
Tel. No.: +91 22 7193 4380
E-mail:[email protected]
Website: www.motilaloswalgroup.com

Company Address :

Matrimony.com Limited
No:94, TVH Beliciaa Towers,
Tower 2, 5th Floor, MRC Nagar,
Raja Annamalaipuram,
Chennai – 600 028,
Phone: 044-49001919
Email: [email protected]
Website: https://www.matrimony.com/

How to Participate in Matrimony Ltd buyback?

The Investors are eligible for the buyback scheme who have Matrimony shares in their Demat account as the Record date is 04 July 2022 as the offer is Tender Offer. Investors can participate in the Matrimony Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Matrimony buyback scheme.

How to apply for Matrimony buyback zerodha?

You can apply for the buyback, follow the steps below:

  • Visit console.zerodha.com.
  • Click on the context menu and then Portfolio.
  • Click on Corporate actions.
  • Click the Buybacks tab, tap on Matrimony and then Place order.
  • Enter the quantity and tap on Submit.

How to apply for Matrimony buyback on Groww?

You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.

  • Visit  the official Groww website.
  • Search Matrimony Buyback in the search option.
  • You can see Matrimony buyback result in search option tap on the Matrimony buyback.
  • You will reach the Matrimony buyback screen, here enter the number of shares and click sell.
  • You can see your order is successfully placed.

How to apply for Matrimony buyback on upstox?

You can apply for the buyback, follow the few steps below:

  • Login to the Upstox app using your 6-digit PIN or biometrics.
  • Click on the Account Section on your right bottom corner (Applicable New upstox app).
  • Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
  • Select the Matrimony stock for buyback.
  • Enter the quantity and click on apply. 
  • If you have submitted your POA, then the buyback will be confirmed.

How to apply for Matrimony buyback online on Kfintech?

You can apply for the buyback from Kfintech, follow the few steps below:

Read also:- Rights issue 2022

Matrimony Buyback 2022 FAQs:

When is Matrimony Buyback Announcement Date?
Matrimony buyback 2022 announcement date is 12 May 2022.

When is Matrimony Buyback Open Date?
Matrimony buyback Open date is Announced Soon.

When is Matrimony Buyback Close Date?
Matrimony buyback Close date is Announced Soon.

When is Matrimony Buyback Record Date?
Matrimony buyback 2022 Record date is 04 July 2022 as the offer is Tender offer.

What is Matrimony Buyback Price?
Matrimony company has fixed the price at ₹1150 per share.

What is Matrimony Buyback Offer Size?
Matrimony company Buyback Offer Size is ₹75 Cr.

How to apply for Matrimony Buyback 2022?
As per the record date you need to have Matrimony shares in your Demat account. You can participate in buyback after having the stock in your account.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Matrimony Buyback 2022 Record Date, Buyback Price & Details
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