Limited IPO

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Avoid 0 is one of the oldest and leading matrimony portals of India. The Chennai-based company operates in three segments – matchmaking services, marriage services and related sale of products and other services.
As of March 31, 2015, had a large database of profiles comprising 2.65 million active profiles (being profiles that have been published or logged in at least once during the prior 180-day period), which creates a network effect that attracts more users to register or subscribe and also results in higher customer engagement. According to the Key Business Metrics Report, in fiscal 2013, fiscal 2014 and fiscal 2015, had 568,000, 571,000 and 647,000 paid subscriptions, respectively.
The company differentiates itself from other players in India by following a micro-market strategy whereby it offers a range of targeted and customized products and services that are tailored to meet the requirements of customers based on their linguistic, religious, caste and community preferences as well as personalized matchmaking services such as AssistedMatrimony and EliteMatrimony. has also launched marriage services such as for listing of matrimony-related directory services and to provide wedding photography and videography services. The company has also introduced, an online marketplace operated by its subsidiary, Tambulya Online Marketplace Private Limited, for gifts for weddings and other occasions on a bulk order basis.
In FY2015, its network of websites, mobile sites and mobile apps had 647,000 paid subscriptions and 2.57 million free profiles. Limited IPO Stock Quote & Charts



  • Open: 460.00
  • High - Low: 467.95 - 445.10
  • Previous Close: 451.35
  • Total Traded Volume: 4967
  • Updated On: 24-Dec-2019

Objects of the Limited IPO:

1. Advertising and business promotion activities 2. Purchase of land for construction of office premises in Chennai 3. Repayment of overdraft facilities 4. General corporate purposes Limited IPO Details:

Open Date: Sep 11 2017
Close Date: Sep 13 2017
Total Shares: 5,102,151
Face Value: ₹ 5 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 496.88 Cr.
Lot Size: 15 Shares
Issue Price: ₹ 983-985 Per Equity Share
Listing At: NSE,BSE
Listing Date: Sep 21 2017

Promoters And Management:

Murugavel Janakiraman

Financials of Limited IPO:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,193.62 1,238.46 1031.90 830.76 902.97
Total Revenue 2,929.30 2,554.29 2,428.41 2,073.14 1,887.83
Profit After Tax 437.83 (750.55) (29.04) (91.35) 104.35

Lead Manager of Limited IPO:

  1. Axis Capital Limited
  2. ICICI Securities Limited

Registrar of Limited IPO:

  1. Karvy Computershare Private Limited

Company Address: Limited TVH Beliciaa Towers, Tower II, 10th Floor, No. 94, MRC Nagar, Mandaveli, Chennai - 600028 Phone: +91 44 2463 1500 Fax: +91 44 2463 1777 Email: compliance Website:

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