The post shares details about Unicommerce share price in August. It tells about the accurate performance of this IPO and the market sentiments related to it.

Highlights – 

• Recently, Unicommerce eSolutions made a debut in the Indian stock market.
• Unicommerce share price was 235 rupees on NSE. On BSE, it was 230 rupees.
• The premium was about 117-118%.
• It can be considered as a really good start for Unicommerce eSolutions.

Unicommerce Share Price – A Quick Overview

Unicommerce eSolutions made a debut in the Indian stock market. And the results have been notable.

The IPO offer was for a total sum of 276.57 crore. The subscription process started on August 6. And it ended on August 8. The price band of the share was between 102 to 108 rupees.

Unicommerce share price was quoted at 235 rupees. This value shows a premium of 117 to 118%. Hence, the debut of this share can be considered excellent.

Here Are Important Details about Unicommerce Share Price –

• The shares of Unicommerce eSolutions were listed (on BSE and NSE) on August 13.
• The issue price of the share was rupees 108.
• At NSE – The price was 235 rupees for each share. This depicts a premium of 117.59%.
• At BSE – The price was 230 rupees per share. 

The Actual Status of Subscription

• The IPO has been eye-catching among investors.
• Within 3 days of bidding, the subscription rate has been gigantic.
• This IPO has been subscribed 168.35 times.
• The total shares offered – 1.4 crore.
• The bidding was done for almost 237.11 crore shares.
• NII category – subscribed 252.46 times
• QIB category – subscribed 138.75 times.
• Retail investors category – subscribed 130.99 times.

About Unicommerce eSolutions

This entity was established in the year 2012. It is a SaaS-based company. It means that the company provides software as a service. It offers solutions for managing e-commerce operations for various businesses. The venture deals with multiple brands, logistic companies, and sellers.

The software categories of Unicommerce are meant to ease out various e-commerce processes. The organization believes in streamlining the post-purchase experience.

This company has a huge client record in India. Some of its clients are Cello, Sugar, Zivame, Mamaearth, Lenskart, etc.

Apart from India, Unicommerce has some of its major clients in 6 other nations. It has captured the market in the Middle East and South East Asian region.

At the end of March 2024, the company reported a net profit of more than 13 crore. Previously, its profit was 6 crore plus.

Unicommerce Share Price Conclusion

Unicommerce share price is under a lot of limelight right now. The IPO is a hit and the premium has been in the range of 117% – 118%. The listing price of the share was 230 – 235 rupees. The subscription rate has been great. It clearly shows the faith of investors in this company. For more such important stuff on finance make sure to access Financereview.Org.