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resr 5paisa Research Team

Last Updated: 7th August 2024 - 12:04 pm

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Unicommerce eSolutions IPO - Day 1 Subscription at 2.48 times

Unicommerce eSolutions IPO will close on 8 Aug. Shares of Unicommerce eSolutions will likely be listed on 13 August on BSE, NSE. As of 6th Aug 2024, Unicommerce eSolutions IPO received bids for 3,49,51,260 shares much more than the 1,40,84,681 shares offered. This means that Unicommerce eSolutions' IPO was oversubscribed 2.48 times by the end of day 1

Here are the subscription details for Unicommerce eSolutions IPO as of Day 1 (6th August 2024 at 6:49 pm): 

Employees (N.A.) QIBs (0.00 X)

HNI / NII (2.27.36X)

Retail (10.23X)

Total (2.48X)

Retail investors mainly drove Unicommerce eSolutions IPO subscription, High NetWorth Individuals and Non-Institutional Investors (NIIs), while QIB investors did not show any on day 1. QIBs and HNIs/NIIs generally increase their subscriptions in the final hours of the last day. Overall subscription figures do not include the anchor portion or the market-making segment of the IPO. 

QIBs are large institutional investors like mutual funds and insurance companies, while HNIs/NIIs are wealthy individual investors and smaller institutions.

Here are the subscription details for Unicommerce eSolutions IPO by category as of Day 1:

Investor Category Subscription (times) Shares Offered Shares Bid For Total Amount (₹ in Crore)
Anchor Investors 1.00 1,15,23,831 1,15,23,831 124.457
QIB Investors 0.00 76,82,554 21,252 0.230
HNIs / NIIs 0.27 38,41,276 87,34,296 94.330
bNII (bids above ₹10L) 1.59 25,60,851 40,70,034 43.956
sNII (bids below ₹10L) 3.64 12,80,425 46,64,262 50.374
Retail Investors 10.23 25,60,851 2,61,95,712 282.914
Total 2.48 1,40,84,681 3,49,51,260 377.474

Data Source: NSE

On day 1 Unicommerce eSolutions IPO was subscribed 2.48 times. Qualified Institutional Buyers (QIBs) did not show any interest on day 1. HNIs / NIIs portion subscribed 2.27 times, while Retail Investors subscribed 10.23 times. Overall, Unicommerce eSolutions IPO  was subscribed 2.48 times on Day 1

About Unicommerce eSolutions 

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