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| Title | Detail |
|---|---|
| Company Name: | Matrimony.com Ltd |
| Buyback Type: | Tender Offer |
| Total Share Capital: | Rs 1876 Cr |
| Offer Amount: | Rs 75 Cr |
| Offer Size: | 2.85% |
| Buyback Number of Shares: | 6.52 lakhs |
| Buyback Price: | 1150 |
| Approx Entry Price: | 820 |
| Promoters In: | Y |
| Buyback Approval Date: | 22-06-2022 |
| Record Date: | 04-07-2022 |
| Open Date: | 26-07-2022 |
| Close Date: | 08-08-2022 |
| Payment Date: | 22-08-2022 |
| Record Date Price: | 789.05 |
| Maximum Retail Quantity: | 253 |
| Draft Letter of Offer: | Draft Letter of Offer |
| Letter of Offer: | Letter of Offer |
| Acceptance Ratio Retail: | 6 Equity Shares out of every 43 fully paid-up Equity Shares held on the Record Date. |
| Acceptance Ratio Retail %: | 13.96 |
| Acceptance Ratio General: | 41 Equity Shares out of every 793 fully paid-up Equity Shares held on the Record Date. |
| Acceptance Ratio General %: | 5.17% |
| Final Acceptance Ratio %: | 13.96% |
The Record Date for Matrimony.com Ltd Buyback offer is 4th Jul 2022
Which means you should hold the Matrimony.com Ltd share in your demat account by closing session of 4th Jul 2022. Share purchased on and before (4th Jul 2022) - 2 business days will be available in your demat account by 4th Jul 2022.
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Matrimony.com Ltd shares at ₹820 and buyback offer price is ₹1150, you can get ₹330 per accepted share. If you hold 244 shares of Matrimony.com Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 81 to 122 shares with the gain from buyback of ₹26730 to ₹40260.
The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.
| % Share Accepted | No of Shared Accepted | Gain from Buyback Offer |
|---|---|---|
| 33% | 81 | ₹26730 |
| 50% | 122 | ₹40260 |
| 75% | 183 | ₹60390 |
| 100% | 244 | ₹80520 |
Steps to participate in Matrimony.com Ltd buyback:
Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.
Buyback opening date for Matrimony.com Ltd: 26th Jul 2022
Buyback closing date for Matrimony.com Ltd: 8th Aug 2022
This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .
As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 22nd Aug 2022.
Buyback opening date for Matrimony.com Ltd: 26th Jul 2022
Buyback closing date for Matrimony.com Ltd: 8th Aug 2022
This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .
