Unicommerce eSolutions stock had an impressive debut on the markets today, August 13. The stock was listed for Rs 235 per share on the NSE, a 117.59 percent premium to its issue price of Rs 108. On BSE, it is listed at Rs 230, indicating a 112.96 percent premium.
The Rs 276.57 crore IPO was open for subscription from August 6-8, with a price band of ₹102-108 per share.
The issue saw incredible interest over the three days of the bidding. The IPO was overall subscribed 168.35 times, with buyers asking for 237.11 crore shares against the 1.4 crore on offer. The Non-Institutional Investors category received the highest subscriptions, 252.46, followed by the Qualified Institutional Buyers quota, which was bid 138.75 times. The Retail Investor section, meanwhile, had a staggering 130.99 subscriptions.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.