The Three companies namely, Matrimony.com, Capacit’e Infraprojects and ICICI Lombard is planning to launch their initial share sale offers this week to raise about Rs 6,600 crore. On September 11-13, the initial public offer (IPO) of Matrimony.com, which runs online matchmaking portals, will be open. This comprises fresh issue aggregating up to Rs 130 crore and an offer for sale of up to 37.67 lakh equity shares. The Matrimony.com, under. BharatMatrimony brand is expected to raise over Rs 500 crore. The IPO brand price is fixed in the range of Rs 983-985 per share.
The BharatMatrimony has raised nearly Rs 226 crore from anchor investors on Friday. Engineering firm Capacit’e Infraprojects’ Rs 400 crore IPO will be launched on September 13. On September 15th, the issue, with a price band of Rs 245-Rs 250 per equity share, will be closed. The company plans to utilize the proceeds of the issue for funding working capital requirements, purchasing of capital assets and general corporate purposes.
Apart from this, ICICI Lombard General Insurance Company has set Rs 651-661 as the price band for its IPO, which will make it a Rs 5,700 crore issue. The issue, the first by any general insurance company, will be open for subscription from September 15-19. This year, so far, 19 companies including BSE, Avenue Supermarts and Central Depository Services (India) Limited, have hit the market with their IPOs. In the previous week, Dixon Technologies and Bharat Road Network concluded their IPOs.