Unicommerce eSolutions IPO opens today: Should you subscribe to the SaaS player's issue?
The Rs 276.57 crore-IPO of Unicommerce eSolutions opens for bidding between August 6-8, which is being sold in the range of Rs 102-108 apiece with a lot size of 138 equity shares.
- Aug 6, 2024,
- Updated Aug 6, 2024 11:09 AM IST
The initial public offering (IPO) of Unicommerce eSolutions opens for bidding on Tuesday, August 6 and the issue can be subscribed until Thursday, August 8. The Kunal Bahl-promoted company is offering its shares in the range of Rs 102-108 apiece. Investors can apply for a minimum of 138 equity shares and its multiples thereafter. Positioned as India’s largest e-commerce enablement SaaS platform in the transaction processing layer by revenue from FY21 to FY23, Unicommerce stands out as the only profitable entity among the top five players in FY23. By regularly updating its products, it addresses the evolving needs of retail enterprises, reinforcing its vital role in the e-commerce supply chain, said Ventura with the 'subscribe' tag.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
The initial public offering (IPO) of Unicommerce eSolutions opens for bidding on Tuesday, August 6 and the issue can be subscribed until Thursday, August 8. The Kunal Bahl-promoted company is offering its shares in the range of Rs 102-108 apiece. Investors can apply for a minimum of 138 equity shares and its multiples thereafter. Positioned as India’s largest e-commerce enablement SaaS platform in the transaction processing layer by revenue from FY21 to FY23, Unicommerce stands out as the only profitable entity among the top five players in FY23. By regularly updating its products, it addresses the evolving needs of retail enterprises, reinforcing its vital role in the e-commerce supply chain, said Ventura with the 'subscribe' tag.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.