Hi wealthgainer.in, When it comes to marriages, we know how important platforms like Jeevansathi.com are in India. But have you heard the ipo market about its potential IPO? Yes, Jeevansathi.com, one of the largest matrimonial platforms, is expected to enter the stock market soon! As an investor or someone curious about the financial world, this is exciting news. So, let’s start to deep down into jeevansathi ipo details, dhrp date, ipo dates, and everything you need to know about its parent company InfoEdge.
What is Jeevansathi.com?
Before we talk about the jeevansathi IPO, let’s quickly understand the company itself. Jeevansathi.com is one of India’s leading matrimonial websites, helping people find life partners across various communities. Owned by InfoEdge India Ltd, it operates alongside popular platforms like Naukri.com and 99acres.com.
Now that we have a brief introduction, let’s jump straight into the jeevansathi.com IPO details.
jeevansathi IPO Details:
- Company Name: Jeevansathi.com (A part of InfoEdge India Ltd.)
- Parent Company: InfoEdge (India) Ltd.
- Sector: Technology (Online Matrimony)
- IPO Size: Declared Soon (To Be Announced)
- Face Value: INR 10 per share
- Price Band: TBA
- Lot Size: TBA
The company is yet to file its Draft Red Herring Prospectus (DHRP) with SEBI, but all signs point toward an exciting IPO in the near future.
Read More – Manba Finance IPO Review
Why Consider Investing in Jeevansathi IPO?
1. Part of a Diversified Business
InfoEdge also owns successful platforms like Naukri.com and 99acres.com, making it a well-rounded tech company with strong market presence.
2. Huge Market Potential
Matrimonial services have a steady demand in India, and Jeevansathi.com is positioned as a leading player in this space.
3. Growing Trend of Online Matrimonial
With more people depending on the internet for finding life partners, the future for online matrimonial services seems bright and reliable on jeevansathi india.
DHRP Date for Jeevansathi IPO
- Draft Red Herring Prospectus (DHRP) Date: Not Declared
Once the DHRP is filed, we’ll get a better idea of the specifics, like the number of shares offered and the price band of jeevansathi.
Jeevansathi IPO Date to Watch Out For
- IPO Open Date: Declared Soon
- IPO Close Date: Declared Soon
- Allotment Date: Declared Soon
- Listing Date: Declared Soon
As of now, the exact IPO dates are yet to be announced, but keeping an eye on the DHRP filing will give us all the answers we need.
InfoEdge Information:
Let’s take a step back and look at InfoEdge India Ltd., the parent company behind Jeevansathi.com
- Founded: 1995
- Key Platforms: Naukri.com, 99acres.com, Jeevansathi.com, Shiksha.com
- Stock Market Ticker: NSE: NAUKRI
InfoEdge has built a solid reputation in the Indian market. It was an early investor in Zomato, one of India’s largest food delivery platforms, which itself had a successful IPO. Investing in InfoEdge or Jeevansathi.com could open doors to a diversified portfolio in the tech and internet services sector.
Investment Trends in 2024: Why IPOs Matter?
In 2024, IPOs continue to be one of the most popular ways for retail investors to gain exposure to growing companies. With companies like Zomato, Paytm, and Nykaa making big features in the past few years, IPOs are gaining widespread attention. Investors are looking for promising businesses with clear paths to profitability, and Jeevansathi.com fits that bill.
InfoEdge 2024 Financial Report and Current Share Price
| Metric | Details |
| Company Name | InfoEdge (India) Ltd. |
| Stock Ticker (NSE) | NAUKRI |
| Sector | Technology & Internet Services |
| Revenue (FY 2024) | INR 6,150 Crores |
| Net Profit (FY 2024) | INR 1,350 Crores |
| EBITDA Margin | 22.5% |
| Cash Reserves | INR 3,200 Crores |
| Total Assets | INR 12,500 Crores |
| Key Investments | Zomato, PolicyBazaar, Jeevansathi.com |
| Current Market Price (September 2024) | INR 4,400 per share |
| Market Capitalization | INR 60,000 Crores |
| EPS (Earnings Per Share) | INR 78.50 |
| P/E Ratio | 56.05 |
Key Takeaways from InfoEdge’s Financials:
- Strong Revenue Growth: InfoEdge reported a revenue of INR 6,150 Crores in FY 2024, showing its robust performance in the tech and online services space.
- Impressive Profitability: A net profit of INR 1,350 Crores indicates the company’s profitability has been steady.
- Cash-Rich Balance Sheet: With INR 3,200 Crores in cash reserves, InfoEdge is well-positioned for future investments or acquisitions, which could positively impact their stock price.
- Market Leadership: The company continues to hold leadership positions in the online job search (Naukri.com), real estate (99acres.com), and matrimonial services (Jeevansathi.com) sectors.
Current Share Price: As of September 2024, InfoEdge shares are trading at INR 4,400. The stock’s valuation reflects its leadership in India’s tech-driven sectors and the strength of its investments, including Zomato and PolicyBazaar. While Jeevansathi share price is not decided yet.
How Jeevansathi.com Stands Among Competitors:
| Platform | Ownership | Market Position | Revenue FY23 |
| Jeevansathi | InfoEdge (India) Ltd | 2nd in Online Matrimony | INR 200 Cr |
| Shaadi.com | Private | Market Leader | INR 350 Cr |
| BharatMatrimony | Matrimony.com | 3rd Largest | INR 150 Cr |
Conclusion: Is Jeevansathi IPO Worth It?
The potential Jeevansathi IPO is something to watch for. If you’re an investor interested in technology and online platforms, this could be a solid addition to your portfolio. As always, make sure to do your own research and consult with a financial advisor before making any investment decisions.
In the meantime, keep an eye on the DHRP date and IPO dates. Once those are announced, you can make a more informed decision about participating in this IPO.
Unique FAQs
What is the expected size of the Jeevansathi.com IPO?
The size is yet to be announced, but keep an eye on the DHRP filing for more details.
When will the Jeevansathi.com IPO open?
The exact IPO opening date is still under wraps, but it will be announced once SEBI approves the DHRP.
Is investing in InfoEdge a good idea?
Given InfoEdge’s past successes with companies like Zomato, it’s definitely a company worth considering for long-term growth.
How do I apply for the Jeevansathi.com IPO?
You can apply through your bank’s net banking portal or your stockbroker’s platform once the IPO is open.
What are the risks of investing in an IPO?
Like any investment, IPOs come with risks. The company might not perform as expected, and the stock price could drop post-listing. Always do your research!
Which is the jeevansathi.com parent company?
The parent company of jeevansathi is InfoEdge(India) Ltd.
How much jeevansathi valuation?
The valuation of jeevansathi.com is $2 billion (* Including all companies of InfoEdge India Ltd.