Unicommerce eSolutions IPO Subscribed 168.32x on Day 3

The Unicommerce eSolutions IPO was closed on August 08, 2024, after a total subscription of 168.32x. The allotment for the Unicommerce eSolutions IPO is expected to be finalised on August 9, 2024. The Unicommerce eSolutions IPO will be listed on BSE and NSE with a tentative listing date of August 13, 2024. The Unicommerce eSolutions IPO price band has been set at ₹102 to ₹108 per share. The minimum lot size for an application is 138 Shares.

Day Wise Subscription

On the 1st day of bidding, Unicommerce eSolutions IPO subscribed 2.46 times. The public issue subscribed 10.12 times in the retail category, 0.00 times in QIB, and 2.27 times in the NII category.

On the 2nd day, Unicommerce eSolutions IPO subscribed 12.27 times. The public issue subscribed 35.77 times in the retail category, 0.80 times in QIB, and 19.53 times in the NII category.

On the last day of bidding, Unicommerce eSolutions IPO subscribed 168.32 times. The public issue subscribed 130.86 times in the retail category, 138.75 times in QIB, and 252.44 times in the NII category.

Grey Market Premium

The last GMP for Unicommerce eSolutions IPO is ₹50. With a price band of ₹108.00, the estimated listing price is ₹158 (cap price + today’s GMP). The expected percentage gain/loss per share is 46.30%.

About Unicommerce eSolutions Limited

Unicommerce eSolutions Ltd. (UEL) is India’s largest eCommerce enablement SaaS platform in the transaction processing or nerve centre layer. Among its competitors, UEL has one of the largest bases of enterprise customers in India and powers a diversified marquee clientele. It processes large numbers of orders across retailers and brands, with 20-25% of all existing sets of clients.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.