Unicommerce eSolutions IPO subscribed 9.3 times so far

Unicommerce eSolutions Ltd, a SaaS platform, will make its stock market debut on Tuesday, aiming to raise 276.57 crore shares in the primary markets.

The Unicommerce eSolutions public offering is a public offering of common shares, and bids under the public offering will be accepted until August 8.

The company was founded in February 2012 and manages e-commerce operations for brands, retailers and logistics providers. It also provides a variety of software products.

The Unicommerce eSolutions Initial Public Offering (IPO) will begin on Tuesday, August 6 and close on Thursday, August 8.

The issue price of Unicommerce eSolutions shares has been set at Rs 102-108 per share.

In the retail category, the IPO was oversubscribed 30.17 times. Non-institutional investors (NII) were oversubscribed 12.87 times, while qualified institutional buyers (QIBs) have booked 75% so far.

If you would like to send us your feedback or suggestions, please write to us at [email protected]