Unicommerce eSolutions Limited Initial Public Offer to Open on August 06, 2024

·         Price band fixed at ₹ 102 to ₹ 108 per equity share of face value of ₹ 1 each  

·         Bid Offer will open on Tuesday, August 06, 2024 and close on Thursday, August 08, 2024. The Anchor Investor Bid Offer Period shall be Monday, August 05, 2024

·         Bids can be made for a minimum of 138 Equity Shares and in multiples of 138 Equity Shares thereafter.  

National, 1st August 2024: Unicommerce eSolutions Limited shall open its Bid/Offer in relation to its initial public offer of Equity Shares on August 06, 2024.

The total Offer size of Equity Shares comprises offer for sale of up to 25,608,512 Equity Shares (“Offer for Sale”) out of which 9,438,272 Equity Shares are being offered for sale by Acevector Limited (formerly known as Snapdeal Limited) (“Promoter Selling Shareholder”) and 16,170,240 Equity Shares by SB Investment Holdings Pte. Ltd (“Investor Selling Shareholder”, together with Promoter Selling Shareholder, the “Selling Shareholders”). IIFL Securities Limited and CLSA India Private Limited are the book running lead managers to the Offer (“BRLMs”).

The objectives of the Offer are to (i) carry out the sale of up to 25,608,512 Equity Shares by the Selling Shareholders and (ii) achieve the benefits of listing the Equity Shares on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” together with BSE, the “Stock Exchanges”) (The “Objects of the Offer”). NSE is the designated Stock Exchange in respect of the Offer.

This Equity Shares are being offered through the red herring prospectus dated July 30, 2024 (the “RHP”) filed by the Company with the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi, Securities and Exchange Board of India (“SEBI”) and Stock Exchanges.