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