Matrimony Buyback 2022 Record Date, Price & Ratio Details

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Matrimony buyback 2022 was announced on May 12, 2022. The Matrimony buyback is to open on July 26 and will close on August 8. Matrimony buyback record date is July 4, 2022. The investor should buy the Matrimony shares before the record date to get eligibility for the buyback. Buyback of ₹75 crores approved by the board of directors at the meeting was held on May 12, 2022. will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹5 each equity share at a price not exceeding ₹1,150 per Equity Share and for an aggregate amount not exceeding ₹75 crores from the shareholders. Check out Buyback 2022 details below:

> Limited is a network for matchmaking and marriage-related services. They have over 4000 employees working in their 20 offices across India. They have offices in Dubai and US. They offer services through their website, mobile app, and offline outlets as well. Their flagship brand is BharatMatrimony. They are serving millions of active members. They operate in 15 regional languages. They are leaders in matchmaking, expanding into $55 B marriage services. Buyback 2022 Dates

     Buyback Meeting Date:
     May 12, 2022
     Buyback Announcement Date: May 12, 2022
     Buyback Record Date: July 04, 2022
     Buyback Open Date: July 26, 2022
     Buyback Close Date:
     August 08, 2022
     Finalization of Buyback Acceptance:
     August 19, 2022 Buyback 2022 Offer Details buyback of 6,52,173 equity shares at a price of ₹1,150 per equity share. The buyback offers not to exceed ₹75 crores of the total buyback offer size.
     Offer Amount: ₹75 Crores
     Number of Shares:
     6,52,173 Equity Shares
     Face Value:
     ₹5 per equity share
     Buyback Price: ₹1,150 per equity share
     Listing: BSE & NSE
     Buyback Type: Tender Offer
     Letter of Offer: Click Here Buyback 2022 Acceptance Ratio

    The investor should buy around 173 shares at a current market price of ₹765 (as of 16 May 2022). The calculation will be Rs.2,00,000 / ₹1150 buyback price = 173 shares.
    Acceptance RatioInvestmentShares BuybackProfit
    100%₹132,34517366,605 Financial Report

      ₹ in Crores
    2022₹451₹34956.98 Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have shares in their Demat account as the record date is not announced yet. Investors can participate in the 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 buyback scheme.
  Buyback 2022 Registrar

    To be updated soon

  Buyback 2022 Lead Managers

    • To be updated soon Company Address Limited
    No:94, TVH Beliciaa Towers,
    Tower 2, 5th Floor, MRC Nagar,
    Raja Annamalaipuram, Chennai – 600 028,
    Phone: 044-49001919
    Website: Buyback 2022 FAQs

    When is Buyback 2022 Record Date? buyback 2022 record date is July 04, 2022.

    When is Buyback 2022 Open Date? buyback 2022 open date is July 26, 2022.

    What is Buyback 2022 Price?

    The company has fixed the price at ₹1,150 per share.

    How to apply for Buyback 2022?

    As per the record date you need to have shares in your Demat account. You can participate in buyback after having the stock in your account.

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