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Sebi seeks clarification on Matrimony.com IPO

By Religare
|

Securities and Exchange Board of India (Sebi) has sought a clarification on the proposed Rs 600-700 crore initial public offering (IPO) of Matrimony.com.

Matrimony.com runs online match making business under the BharatMatrimony brand.

Without disclosing details of clarifications sought, Sebi has said "clarifications are awaited from the lead manager" for the proposed public issue.

By the latest weekly update of processing status of draft-offer documents filed to Sebi, the regulator has said clarifications were awaited on the proposed IPO of Matrimony.Com as on September 18.

 

The next update would be available on September 28.

Sebi said it might issue observations on Matrimony.com's IPO document within 30 days from the date of receipt of a satisfactory reply.

According to the media reports, the company is expected to get Rs 600-700 crore through the proposed IPO.

Story first published: Tuesday, September 22, 2015, 23:00 [IST]
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