The Unicommerce eSolutions IPO is a book-built issue valued at ₹276.57 crores, consisting entirely of an offer for sale of 2.56 crore shares.
The IPO will be open for subscription from August 6, 2024, to August 8, 2024. Allotments are expected to be finalized on Friday, August 9, 2024, with the listing on the BSE and NSE tentatively scheduled for Tuesday, August 13, 2024.
The price band for the Unicommerce eSolutions IPO is set between ₹102 and ₹108 per share. The minimum application lot size is 138 shares, requiring an investment of ₹14,904 for retail investors. For Small and New Institutional Investors (sNII), the minimum investment is for 14 lots (1,932 shares), totaling ₹208,656. For Big and New Institutional Investors (bNII), the minimum investment is for 68 lots (9,384 shares), amounting to ₹1,013,472.
- Book Running Lead Manager – Iifl Securities Ltd and Clsa India Private Limited
- Registrar of the Issue – Link Intime India Private Ltd
Below are the details of Unicommerce eSolutions Limited IPO Details, Timeline, Lot Size, Anchor Investor, and Promoter Holding.
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Unicommerce eSolutions Limited IPO Details
| IPO Date | August 6, 2024 to August 8, 2024 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | ₹102 to ₹108 per share |
| Lot Size | 138 Shares |
| Total Issue Size | 25,608,512 shares (aggregating up to ₹276.57 Cr) |
| Offer for Sale | 25,608,512 shares of ₹1 (aggregating up to ₹276.57 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 102,434,048 |
| Share holding post issue | 102,434,048 |
Unicommerce eSolutions Limited IPO 2024 Timeline
| IPO Open Date | Tuesday, August 6, 2024 |
| IPO Close Date | Thursday, August 8, 2024 |
| Basis of Allotment | Friday, August 9, 2024 |
| Initiation of Refunds | Monday, August 12, 2024 |
| Credit of Shares to Demat | Monday, August 12, 2024 |
| Listing Date | Tuesday, August 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 8, 2024 |
Unicommerce eSolutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1794 | ₹193,752 |
| S-HNI (Min) | 14 | 1,932 | ₹208,656 |
| S-HNI (Max) | 67 | 9,246 | ₹998,568 |
| B-HNI (Min) | 68 | 9,384 | ₹1,013,472 |
Unicommerce eSolutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Unicommerce eSolutions IPO Promoters
The promoters of the Company are AceVector Limited (formerly known as Snapdeal Limited), Starfish I Pte. Ltd, Kunal Bahl and Rohit Kumar Bansal,
Unicommerce eSolutions IPO Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 109.11 | 81.74 | 59.03 |
| Revenue | 109.43 | 92.97 | 61.36 |
| Profit After Tax | 13.08 | 6.48 | 6.01 |
| Net Worth | 68.91 | 51.89 | 41.37 |
| Reserves and Surplus | 45.87 | 37.70 | 31.47 |
| Amount in ₹ Crore | |||
Unicommerce eSolutions Limited IPO Review
The Unicommerce eSolutions IPO, valued at ₹276.57 crores, is an offer for sale of 2.56 crore shares. The subscription period runs from August 6 to August 8, 2024, with allotments expected to be finalized on August 9, 2024. The shares are set to list on the BSE and NSE with a tentative date of August 13, 2024.
The price band for the IPO is between ₹102 and ₹108 per share. Retail investors must invest a minimum of ₹14,904 for 138 shares. Small and New Institutional Investors (sNII) need to invest a minimum of ₹208,656 for 1,932 shares, while Big and New Institutional Investors (bNII) must invest at least ₹1,013,472 for 9,384 shares.