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Kunal Bahl, Promoter & Non-Exec. Director & Kapil Makhija, MD & CEO, Unicommerce eSolutions

Kunal Bahl, Promoter & Non-Exec. Director & Kapil Makhija, MD & CEO, Unicommerce eSolutions

Sakshi Batra
Sakshi Batra
  • New Delhi,
  • Aug 13, 2024,
  • Updated Aug 13, 2024, 2:41 PM IST

Shares of Unicommerce eSolutions had an outstanding debut on both the BSE and NSE on Tuesday, August 13th. On the BSE, the stock opened at Rs 230, representing a 112.96% premium over the IPO issue price of Rs 108, resulting in a gain of Rs 122 per share for investors. On the NSE, the shares listed at Rs 235, marking a 117.59% increase from the issue price. This remarkable performance significantly surpassed pre-listing expectations, driven by an impressive oversubscription rate of 168 times and a strong grey market premium. The IPO bidding for Unicommerce eSolutions took place from August 6 to August 8, 2024, with a price band set between ₹102 and ₹108 per share and a minimum lot size of 138 shares. Business Today TV's Sakshi Batra speaks to Kunal Bahl, Promoter & Non-Executive Director, and Kapil Makhija, MD & CEO of Unicommerce eSolutions Ltd, to discuss the company's debut and its plans for FY25.

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