How To Check Unicommerce IPO Allotment Status
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Unicommerce eSolutions IPO, which is entirely an offer for sale of 2.56 crore shares, opened for subscription on August 6 and closed on August 8. The Unicommerce IPO allotment status is set to be finalised later today.

If you applied for the Unicommerce IPO, here is how you can check the Unicommerce IPO allotment status.

Checking Allotment Status on Registrar's Website:

Follow these steps to check the Unicommerce IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Company Selection" and choose " Unicommerce" from the dropdown menu.
  3. Then you can enter your PAN, application number, or Demat.
  4. Click Submit to retrieve the Unicommerce IPO allotment status

Checking IPO Allotment Status on BSE:

  1. Go to the BSE website.
  2. Click on the ‘Equity' section and select "Unicommerce” from the dropdown menu.
  3. Enter your application number or PAN.
  4. Click on the ‘Search' button.
  5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalised, the Unicommerce IPO allotment status will be visible.

Unicommerce IPO Subscription Status

On the third and final day of bidding, the Unicommerce IPO has been subscribed 168.39 times. The retail investor category has been subscribed 131 times, while the non-institutional investors category has seen a subscription of 252.48 times. The Qualified Institutional Buyers (QIBs) category has been subscribed 138.75 times.

The IPO's allocation structure reserves up to 75% of the shares for Qualified Institutional Buyers (QIBs), a minimum of 15% for Non-Institutional Investors (NIIs), and at least 10% for Retail Investors.

See Also: IRCON’s Orderbook Contracts To ₹26,034 Cr In Q1

Unicommerce IPO GMP

The Unicommerce IPO GMP was at ₹55, a jump from the ₹50 reported earlier. With the upper band of the IPO at ₹108, the stock is expected to list at ₹163, indicating around 50% premium on the listing. It's crucial to remember that while GMPs can provide some insight into market sentiment towards an IPO, they should not be considered the sole factor determining the stock's performance upon listing.

Unicommerce IPO Details

The proceeds from the offering will be used for various purposes, including addressing general corporate purposes. The allotment for the IPO is set to be finalised on August 9, with shares expected to be listed on the BSE and NSE on August 13.

Prior to the IPO launch, Unicommerce IPO secured ₹124.5 crore from anchor investors on August 5. Notable participants in the anchor round include Morgan Stanley, HDFC Mutual Fund, SBI Mutual Fund, Kotak Mahindra Trustee, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Trustee, The Prudential Assurance Company, and Franklin India Technology Fund.

About Unicommerce Esolutions

Founded in February 2012, Unicommerce eSolutions is a SaaS platform specializing in e-commerce operations management for brands, sellers, and logistics providers. The company offers various software products aimed at streamlining post-purchase processes. These include a warehouse and inventory management system, a multi-channel order management system, an omnichannel retail management system, and a seller management panel for marketplaces.

Read Next: LIC Q1 Net Profit Jumps 10% To ₹10,461 Cr, Net Premium Income Up 16%

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