People Interactive India Pvt., the company behind the iconic matchmaking platform Shaadi.com, is preparing to enter the public markets. According to media reports, the firm is actively exploring the possibility of an Initial Public Offering (IPO), a move that would allow public investors to own a stake in one of India's oldest and most trusted digital matrimonial brands.
Early-Stage Discussions Underway
A Bloomberg report dated November 20 revealed that Shaadi.com has initiated preliminary talks with investment bankers. These discussions, which have taken place over the last few weeks, are focused on evaluating the feasibility of a stock market listing. However, sources indicate that the deliberations are still in their early stages. The company has not yet formally appointed any financial advisors to manage the potential offering.
All critical details, including the company's targeted valuation, the precise timing for the launch, and the structure of the IPO, are still being deliberated internally. This careful planning phase is standard for companies embarking on such a significant financial journey.
Riding the Wave of India's IPO Frenzy
Shaadi.com's potential listing comes at a time when India's IPO market is experiencing unprecedented heat. The market has already seen a staggering surpass of $19 billion in 2025 and is on track to break last year's record of $21 billion raised through public share sales.
This IPO boom has attracted a host of marquee companies. Some of the prominent names that have successfully raised funds this year include Tata Capital, HDB Financial Services, Lenskart, Pine Labs, Urban Company, Groww, Ather Energy, and LG Electronics. Shaadi.com aims to join this elite group, tapping into strong investor appetite for new listings.
A Competitive Landscape and Investor Returns
Shaadi.com operates in a competitive digital matrimony space. Its key rivals include Matrimony.com Ltd., which went public in 2017, and Jeevansathi.com, which is backed by Info Edge India.
While the IPO market is hot, a recent Mint analysis provides a note of caution for investors. Out of the 93 companies that have listed on Indian exchanges so far this year, only a select few have delivered extraordinary returns. The analysis identified just three multibaggers: Aditya Infotech (up 155%), Stallion India Fluorochemicals (up 130%), and Ather Energy (up 113%).
Another seven companies have provided robust returns of over 50% to their investors. These include Prostarm Info Systems, Billionbrains Garage Ventures (Groww), Anand Rathi Share Stock, Anlon Healthcare, Belrise Industries, Quality Power Electrical, and Jain Resource Recycling.
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
