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Unicommerce eSolutions Skyrockets on Debut with over 118% Premium, Shares List at ₹235!

Unicommerce eSolutions shares made a strong debut, listing at ₹235 on NSE, a 117.59% premium, and ₹230 on BSE, a 112.96% premium over the IPO price of ₹108.
Unicommerce eSolutions Skyrockets on Debut with over 118% Premium, Shares List at ₹235!

Unicommerce eSolutions’ shares soared on their trading debut on August 13, with a notable opening on the NSE at ₹235, marking a 117.59% rise above the IPO price of ₹108. On the BSE, the shares debuted at ₹230, reflecting a 112.96% premium.

The IPO of Unicommerce eSolutions saw exceptional interest, being oversubscribed 168.35 times over its three-day bidding. Non-Institutional Investors led with a subscription rate of 252.46 times, followed by Qualified Institutional Buyers at 138.75 times, and Retail Investors at 130.99 times.

Unicommerce eSolutions Limited offers a SaaS platform enhancing e-commerce through solutions for warehouse, order, and retail management, as well as logistics and payment reconciliation. Their products are modular, regularly updated, and cater to diverse retail needs, streamlining operations across various industries and adjusting to market changes.

Unicommerce eSolutions Limited clarifies that it will not receive any proceeds from the Offer. Instead, all proceeds will be distributed to the selling shareholders based on their offered shares. 

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