Mumbai: Unicommerce eSolutions Limited will open its bid/offer in respect of its initial public offering of equity shares on August 6, 2024 (the “Offer”). The total Offer size of Equity Shares comprises an Offer for Sale of up to 25,608,512 Equity Shares (the “Offer for Sale”), of which up to 9,438,272 Equity Shares are being offered for sale by AceVector Limited (formerly known as Snapdeal Limited) (the “Promoter Selling Shareholder”) and up to 16,170,240 Equity Shares by SB Investment Holdings Pte Ltd (the “Investor Selling Shareholder”, Promoter Selling Shareholder, the “Selling Shareholder”). IIFL Securities Limited and CLSA India Private Limited are the Book Running Lead Managers to the Offer (“BRLMs”) for the IPO.
The objective of the Offer is to (i) facilitate sale of up to 25,608,512 Equity Shares by the Selling Shareholders and (ii) obtain the benefit of listing of the Equity Shares on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” together with BSE, the “Stock Exchanges”). (“Objective of the Offer”). NSE is the Designated Stock Exchange in respect of the Offer.
The total Offer size of Equity Shares comprises an offer for sale of up to 25,608,512 Equity Shares (the “Offer for Sale”), of which up to 9,438,272 Equity Shares are being offered for sale by AceVector Limited (formerly known as Snapdeal Limited) (the “Promoter Selling Shareholder”). IIFL Securities Limited and CLSA India Private Limited are the Book Running Lead Managers to the Offer (the “BRLMs”).
(Anil Bedaag)
