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Unicommerce eSolutions IPO

SaaS/E-commerce Tech - Listed on 13 August 2024

+117.6% listing gain
Issue Price (Upper)
Rs 108
Listing Price
Rs 235
Closing Price (NSE)
Rs 210.08
Total Subscription
168.31x

Unicommerce eSolutions IPO listing summary

Unicommerce eSolutions (SaaS/E-commerce Tech) closed its IPO window in 2024 and listed on NSE and BSE on 13 August 2024 at an upper band issue price of Rs 108, opening at Rs 235 for a listing gain of +117.6% and closing day one at Rs 210.08 (+94.5% on closing basis). The IPO was subscribed 168.31x overall - QIB 138.75x, HNI/NII 252.43x, Retail 130.82x. The total issue size was Rs 276.57 Cr (Fresh Issue Rs 276.57 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+117.59%
Listing Gain (Close)
+94.52%
Day Change After Listing
-23.07%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB138.75x
HNI / NII252.43x
Retail130.82x
Overall168.31x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 12.43x
Day 212.23x
Day 3 (Final)168.31x

Unicommerce eSolutions IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 27+55.56%
Day 2Rs 27+50.93%
Day 3Rs 28+43.52%
Day 4Rs 25+32.41%
Day 5Rs 35+23.15%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
23.1%-55.6%
IPOGyani AI Prediction
-
Actual Listing Gain
+117.6%

Issue & financials

Issue SizeRs 276.57 Cr
Fresh IssueRs 276.57 Cr
OFSRs 0 Cr
IPO PE85.00
Peer / Sector PE70.00
PE vs Sector Ratio1.21
Latest EBITDA (Cr)13.92
Debt / Equity0.00

Market context at listing

How the broader market moved around the Unicommerce eSolutions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-3.59%
Nifty 1W Return-3.14%
Nifty 1M Return-0.95%
Nifty during IPO window+1.01%

Unicommerce eSolutions IPO - FAQs

What was the listing gain of Unicommerce eSolutions IPO?

Unicommerce eSolutions IPO listed at +117.6% versus the upper issue price of Rs 108 on 13 August 2024.

How many times was Unicommerce eSolutions IPO subscribed?

Unicommerce eSolutions IPO was subscribed 168.31x overall. QIB portion was subscribed 138.75x, HNI / NII 252.43x and Retail 130.82x.

What was the IPO GMP for Unicommerce eSolutions?

IPO GMP started at Rs 27 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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