Unicommerce eSolutions IPO: Key Dates, Price Band, and Latest GMP Insights – All You Need to Know!

Unicommerce eSolutions, a software-as-a-service (SaaS) platform, is launching its initial public offering (IPO) on Tuesday, aiming to raise ₹276.57 crore.

The IPO will be open for bidding from August 6 to August 8. Unicommerce, founded in February 2012, helps manage e-commerce operations for brands, sellers, and logistics providers with various software products. The IPO is seeing good demand in the unlisted market, with its grey market premium (GMP) rising.

Here are 10 important things to know about the Unicommerce eSolutions IPO:

1. IPO Dates: The IPO opens on Tuesday, August 6, and closes on Thursday, August 8.
2. Price Band: The price band is set at ₹102 to ₹108 per share.
3. IPO Size: The company plans to raise ₹276.57 crore through an offer for sale (OFS) of 2.56 crore equity shares. Of these, 94.38 lakh shares are offered by Acevector Ltd (formerly Snapdeal Ltd) and 1.61 crore shares by SB Investment Holdings Pte. Ltd.
4. Lot Size: The minimum lot size is 138 shares, requiring a minimum investment of ₹14,904 for retail investors.
5. Allotment: The share allotment is expected to be finalized on August 9.
6. Listing Date: The shares will be listed on the BSE and NSE on August 13.
7. IPO Objectives: The company will not receive any proceeds from the IPO. All proceeds will go to the selling shareholders.
8. Lead Managers and Registrar: IIFL Securities Ltd and CLSA India Private Limited are the lead managers, and Link Intime India Private Ltd is the registrar for the IPO.
9. Reservation: 15% of the shares are reserved for non-institutional investors (NII), 10% for retail investors, and 75% for Qualified Institutional Bidders (QIB).
10. GMP Today: The grey market premium is ₹40 per share today. This suggests the shares are trading at ₹148 each in the grey market, which is 37.04% higher than the upper IPO price of ₹108.