Unicommerce eSolutions IPO booked 168 times on last day; check allotment date

Unicommerce eSolutions Limited IPO closed with bumper demand, as the public issue was booked over 168 times on the last day of bidding on August 8. The IPO subscription was open from August 6 to August 8.

The mainboard IPO was booked 168.39 times on the last day of bidding. The e-commerce solutions provider's initial public offering (IPO) received bids for more than 237.16 crore shares, compared to 1.40 crore shares on offer.

The issue was subscribed 252.48 times in the Non-Institutional Investors (NIIs) category, with applications for 96.98 crore shares against 38.41 lakh shares set aside for the segment.

Retail investors applied for over 33.58 crore shares against 25.6 lakh shares set aside for the category. The retail portion was booked 131.15 times.

The Qualified Institutional Buyers (QIB) portion received bids for more than 106.59 crore shares, compared to the 76.82 lakh shares set aside for the category, leading to a subscription of 138.75 times.

Unicommerce eSolutions Limited IPO offer size and price band

Unicommerce eSolutions IPO is a book-building issue worth ₹276.57 crore, and the public offer comprises a fresh issue of 2.56 crore shares. The company's IPO price band has been fixed at ₹102 to ₹108 per share.

Unicommerce eSolutions IPO allotment status, listing date

The IPO allotment status is likely to be finalised on August 9. Refunds will be initiated for unsuccessful bidders on August 12, and shares will be credited to the demat accounts of successful bidders on the same day.

Shares of the company are scheduled to be listed on the NSE and BSE with a tentative listing date fixed as August 13.

Unicommerce eSolutions IPO registrar

The registrar for Unicommerce IPO is Link Intime India Private Limited.

IIFL Securities Limited and CLSA India Private Limited are the book-running lead managers for the issue.

About Unicommerce eSolutions Limited

Founded in February 2012, Unicommerce eSolutions Limited is a SaaS platform that streamlines e-commerce operations for brands, sellers and logistics providers. The company offers a comprehensive suite of software solutions designed to optimise post-purchase e-commerce management.

Unicommerce eSolutions offers warehouse and inventory management systems, multi-channel order management, Omni channel retail management, a seller management panel for marketplaces, post-order services for logistics tracking and courier allocation, and a payment reconciliation system.