look news india
Unicommerce E-Solutions Limited IPO: The initial public offering (IPO) of Unicommerce E-Solutions Limited will open on August 6, 2024 and will remain open till August 8, 2024. While the bid offer period for anchor investors will be on August 5, 2024.
The company has fixed the price band at Rs 102-108 per equity share of face value of Rs 1. Investors will be able to bid for 138 equity shares and thereafter in multiples of 138 shares. The total offer size of equity shares includes an offer for sale of up to 2,56,08,512 equity shares.
Out of which 94,38,272 equity shares are for sale by Svector Limited (formerly known as Snapdeal Limited) (Promoter Selling Shareholder) and 1,61,70,240 equity shares are for sale by SB Investment Holdings Pte Ltd (Investor Selling Shareholder, Selling Shareholder along with Promoter). The shareholders are being offered for sale.
IIFL Securities Limited and CLSA India Private Limited are the book running lead managers to the offer. The company's shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
