BharatMatrimony.com owner refiles for IPO to raise Rs 500 crore

It scrapped the idea of the IPO the first time due to adverse market condition

Online marriage services provider Matrimony.com Pvt. Ltd has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO), for the second time after scrapping the idea due to adverse market conditions.

While the previous plans were to raise around Rs 350 crore as a primary offering, in the new DRHP, the company said that it is planning to raise Rs 130 crore through fresh issue of shares and an offer for sale of up to 3,767254 equity shares, with the size of the IPO expected to be around