Mumbai49 minutes ago
- copy link
Unicommerce E-Solutions Limited’s Initial Public Offer i.e. IPO will open on August 6. Investors will be able to bid for this IPO till August 8. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on August 9.
Through this issue, the company wants to raise a total of ₹ 276.57 crore. For this, the company is issuing 25,608,512 fresh shares worth ₹ 276.57 crore. The existing investors of the company are not selling a single share through Offer for Sale i.e. OFS.

If you are also planning to invest money in this, then we are telling you how much you can invest in this.
What is the minimum and maximum amount that can be invested?
Unicommerce E-Solutions Limited has fixed the price band of this issue at ₹ 102-₹ 108. Retail investors can bid for a minimum of one lot i.e. 138 shares. If you apply for 1 lot as per the upper price band of the IPO of ₹ 108, then you will have to invest ₹ 14,904 for it.
At the same time, retail investors can apply for a maximum of 13 lots i.e. 1794 shares. For this, investors will have to invest ₹ 193,752 according to the upper price band.
Unicommerce E-Solutions’ premium in the grey market is 27.78%
Before listing, the company’s stock has reached a premium of 27.78% i.e. ₹ 30 per share in the gray market. In such a situation, according to the upper price band of ₹ 108, its listing can be at ₹ 138. However, this can only be estimated, the listing price of the stock is different from the gray market price.
10% of the issue is reserved for retail investors
The company has reserved 75% of the issue for qualified institutional buyers (QIB). Apart from this, 10% is reserved for retail investors and the remaining 15% is reserved for non-institutional investors (NII).
Unicommerce E-Solutions was founded in February 2012
Unicommerce E-Solutions Limited was founded in February 2012, which is a Software-as-a-Service (SaaS) platform that manages e-commerce operations for brands, sellers and logistics providers. Unicommerce E-Solutions Limited is backed by e-commerce platform Snapdeal and SoftBank.

What is IPO?
When a company issues its shares to the general public for the first time, it is called Initial Public Offering or IPO. The company needs money to expand its business. In such a situation, instead of taking a loan from the market, the company raises money by selling some shares to the public or by issuing new shares. For this, the company brings IPO.
Source link
[ad_3]