Unicommerce eSolutions Limited raises ₹ 124.46 crore from 14 anchor investors at the upper price band of ₹ 108 per equity share
- Price Band fixed at ₹ 102 to ₹ 108 per Equity Share of face value of ₹ 1 each (“Equity Share”);
- Bid/ Offer will open on Tuesday, August 06th, 2024 and close on Thursday, August 08th, 2024.
- Bids can be made for a minimum of 138 Equity Shares and in multiples of 138 Equity Shares thereafter.
Bengaluru, 6th August 2024: Unicommerce eSolutions Ltd, has allocated 11,523,831 Equity Shares to 14 anchor Investors and raised ₹ 124.46 crore ahead of company’s proposed IPO at the upper price band of ₹ 108 per equity share (including premium of ₹ 107 per equity shares) with face value of ₹ 1 per share.
| Sr. No. | Name of Anchor Investor | No of Equity Shares Allocated | % of Anchor Investor Portion | Bid Price (₹ per Equity Shares) | Total Amount Allocated (₹) |
| 1 | SBI TECHNOLOGY OPPORTUNITIES FUND | 1,296,372 | 11.25% | 108 | 140,008,176 |
| 2 | HDFC MUTUAL FUND – HDFC NON CYCLICAL CONSUMER FUND | 583,326 | 5.06% | 108 | 62,999,208 |
| 3 | HDFC MUTUAL FUND – HDFC TECHNOLOGY FUND | 713,046 | 6.19% | 108 | 77,008,968 |
| 4 | ICICI PRUDENTIAL TECHNOLOGY FUND | 1,296,372 | 11.25% | 108 | 140,008,176 |
| 5 | MORGAN STANLEY INVESTMENTS FUNDS INDIAN EQUITY FUND | 462,963 | 4.02% | 108 | 50,000,004 |
| 6 | MORGAN STANLEY INDIA INVESTMENT FUNDS INC. | 833,409 | 7.23% | 108 | 90,008,172 |
| 7 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK CONSUMPTION FUND | 648,186 | 5.62% | 108 | 70,004,088 |
| 8 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND | 648,186 | 5.62% | 108 | 70,004,088 |
| 9 | NIPPON INDIA MUTUAL FUND A/C NIPPON EQUITY HYBRID FUND | 1,296,372 | I1.25% | 108 | 140,008,176 |
| 10 | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND | 749,202 | 6.50% | 108 | 80,913,816 |
| 11 | THE PRUDENTIAL ASSURANCE COMPANY LIMITED | 749,064 | 6.50% | 108 | 80,898,912 |
| 12 | FRANKLIN INDIA TECHNOLOGY FUND | 749,202 | 6.50% | 108 | 80,913,816 |
| Sr. No. | Name of Anchor Investor | No of Equity Shares Allocated | % of Anchor Investor Portion | Bid Price (₹ per Equity Shares) | Total Amount Allocated (₹) |
| 13 | DSP MULTICAP FUND | 749,064 | 6.50% | 108 | 80,898,912 |
| 14 | HIGH CONVICTION FUND – SERIES 1 | 749,067 | 6.50% | 108 | 80,899,236 |
| TOTAL | 11,523,831 | 100.00% | 1,244,573,748 |
Out of the total allocation of 11,523,831 Equity Shares to the Anchor Investors, 8,729,328 Equity Shares (i.e. 75.75% of the total allocation to Anchor Investors) to 14 domestic Mutual Funds through a total of 10 schemes.
| Sr. No. | Name of Anchor Investor | No of Equity Shares Allocated | % of Anchor Investor Portion | Bid Price (₹ per Equity Shares) | Total Amount Allocated (₹) |
| 1 | SBI TECHNOLOGY OPPORTUNITIES FUND | 1,296,372 | 11.25% | 108 | 140,008,176 |
| 2 | HDFC MUTUAL FUND – HDFC NON CYCLICALCONSUMER FUND | 583,326 | 5.06% | 108 | 62,999,208 |
| 3 | HDFC MUTUAL FUND – HDFC TECHNOLOGY FUND | 713,046 | 6.19% | 108 | 77,008,968 |
| 4 | ICICI PRUDENTIAL TECHNOLOGY FUND | 1,296,372 | 11.25% | 108 | 140,008,176 |
| 5 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK CONSUMPTION FUND | 648,186 | 5.62% | 108 | 70,004,088 |
| 6 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND | 648,186 | 5.62% | 108 | 70,004,088 |
| 7 | NIPPON INDIA MUTUAL FUND A/C NIPPON EQUITY HYBRID FUND | 1,296,372 | 11.25% | 108 | 140,008,176 |
| 8 | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATELIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND | 749,202 | 6.50% | 108 | 80,913,816 |
| 9 | FRANKLIN INDIA TECHNOLOGY FUND | 749,202 | 6.50% | 108 | 80,913,816 |
| 10 | DSP MULTICAP FUND | 749,064 | 6.50% | 108 | 80,898,912 |
| TOTAL | 8,729,328 | 75.75% | 942,767,424 |
IIFL Securities Limited and CLSA India Private Limited are the Book Running Lead Managers to the Issue.
