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Unicommerce eSolutions Makes Stellar Market Debut with 118% Premium Listing

CosmicTaco · 2024-08-13T11:42:36.006768+05:30

- Unicommerce eSolutions Ltd made a strong debut on the NSE, listing shares at Rs 235 each, a 117.6% premium over the IPO price of Rs 108. - The IPO, a book-built issue of Rs 276.6 crore, was open for subscription from August 6 to August 8 and was subscribed 168.35 times by the last day. - Retail investor portion was subscribed 130.9 times, QIBs 138.75 times, and NIIs 252.46 times. - The IPO is entirely an offer-for-sale of 2.6 crore shares, with a price band set between Rs 102 and Rs 108 per share. - Established in February 2012, Unicommerce eSolutions operates a SaaS platform that streamlines e-commerce operations for brands, sellers, and logistics providers. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/unicommerce-esolutions-makes-stellar-market-debut-as-shares-list-at-118-premium-12794689.html)

Unicommerce eSolutions Ltd made a strong debut on the NSE, listing shares at Rs 235 each, a 117.6% premium over the IPO price of Rs 108.
The IPO, a book-built issue of Rs 276.6 crore, was open for subscription from August 6 to August 8 and was subscribed 168.35 times by the last day.
Retail investor portion was subscribed 130.9 times, QIBs 138.75 times, and NIIs 252.46 times.
The IPO is entirely an offer-for-sale of 2.6 crore shares, with a price band set between Rs 102 and Rs 108 per share.
Established in February 2012, Unicommerce eSolutions operates a SaaS platform that streamlines e-commerce operations for brands, sellers, and logistics providers.

Source: Moneycontrol