Markets regulator Sebi has sought clarification on the proposed Rs600-700 crore initial public offer (IPO) of Matrimony.Com, which runs online match making business under BharatMatrimony brand.
Without disclosing details of clarifications sought, Sebi has said ‘clarifications (are) awaited from lead manager’ for the proposed public issue. As per the latest weekly update of processing status of draft offer documents filed with the Sebi, 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 that it might issue observations on Matrimony.Com's IPO document within 30 days from the date of receipt of satisfactory reply from the lead merchant bankers to the clarification or additional information sought.