Unicommerce eSolutions Ltd made a strong debut on the NSE, listing shares at Rs 235 each, a 117.6% premium over the IPO price of Rs 108.  The IPO, a bookbuilt issue of Rs 276.6 crore, was open for ...

Welcome to News Discussion's Private Community

- Unicommerce eSolutions Ltd made a strong debut on the NSE, listing shares at Rs 235 each, a 117.6% premium over the IPO price of Rs 108.
- The IPO, a book-built issue of Rs 276.6 crore, was open for subscription from August 6 to August 8 and was subscribed 168.35 times by the last day.
- Retail investor portion was subscribed 130.9 times, QIBs 138.75 times, and NIIs 252.46 times.
- The IPO is entirely an offer-for-sale of 2.6 crore shares, with a price band set between Rs 102 and Rs 108 per share.
- Established in February 2012, Unicommerce eSolutions operates a SaaS platform that streamlines e-commerce operations for brands, sellers, and logistics providers. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/unicommerce-esolutions-makes-stellar-market-debut-as-shares-list-at-118-premium-12794689.html)

Unicommerce eSolutions Makes Stellar Market Debut with 118% Premium Listing

Journalist

Unicommerce eSolutions Makes Stellar Market Debut with 118% Premium Listing- Grapevine

- Emcure Pharmaceuticals shares listed at Rs 1,325.05 on NSE, a 31.45% premium over the issue price of Rs 1,008.
- The stock also listed at the same price and premium on BSE, aligning with investor expectations.
- Ahead of the listing, shares had a grey market premium of Rs 300, indicating a 30% listing pop.
- The IPO, open from July 03 to July 05, raised Rs 1,952.03 crore, including a fresh share sale of Rs 800 crore.
- The issue was subscribed 67.87 times overall, with QIBs booking 195.83 times, non-institutional investors 48.32 times, retail investors 7.21 times, and employees 8.81 times. 

 Source: Business Today

Emcure Pharma Shares Make Strong Debut with 31% Premium

- Unicommerce, backed by Snapdeal and SoftBank, will open its IPO anchor book on August 5, with listing expected on August 13.
- The IPO subscription will be open from August 6 to August 8, with the offer for sale size reduced from 2.98 crore shares to 2.56 crore shares.
- Snapdeal plans to sell 94.38 lakh shares, while SoftBank aims to offload 1.61 crore shares in the IPO.
- Unicommerce reported a 15.5% revenue increase to Rs 104 crore in FY24, with net profit more than doubling to Rs 13 crore.
- The company, which provides SaaS-based e-commerce management solutions, saw a 37% increase in order items processed, reaching 77.2 crore in FY24. 

 Source: Moneycontrol

Unicommerce IPO Anchor Book to Open on August 5, Listing on August 13

I remember 2-3 years ago we started to integrate Uniware for our warehouse and order management use cases and we were pissed with the product and the allotted account manager was nonetheless the funniest employee unicommerce could have.

For every requirement he either denied us or asked that we have to bear the development costs.

To the current day, Opened groww app and randomly saw Unicommerce under IPO section. Was happy and shocked at the same time. Arrange meeting with higher authorities at Unicommerce to congratulate them on this.

Tell how was your experience with Unicommerce.

Unicommerce going for IPO! Is that the best in industry

Software Developer

- Shares of kids-focused omnichannel retailer FirstCry made a strong debut on the exchanges today, opening higher than the issue price.
- On the NSE, shares of FirstCry’s parent Brainbees Solutions opened at INR 651, at a premium of 40% over its issue price of INR 549. On the BSE, it listed at INR 625, reflecting a 34.4% premium.
- FirstCry has set a price range of INR 440 to INR 465 per equity share for the IPO. At the upper end of the band, Brainbees Solutions intends to raise INR 4,193 Cr.
- The omnichannel baby and kids marketplace raised INR 1,885.82 Cr from anchor investors at INR 465 per equity share, with participation from major investors like the Government of Singapore and Abu Dhabi Investment Authority.
- FirstCry’s market capitalization stands at INR 6,934.74 Cr as of today. 

 Source: [Inc42](https://inc42.com/buzz/firstcry-shares-list-at-40-premium-over-ipo-price-on-debut/)

FirstCry Shares List At 40% Premium Over IPO Price On Debut

Welcome to Indian Startups's Private Community

U think more profitable startups lik Unicommerce will ipo at low revenues?

Founder

- IndiQube is in advanced talks to finalize merchant bankers and aims to file its DRHP within three months.
- The startup plans to raise INR 1,000 Cr – INR 1,500 Cr from its IPO, mainly through fresh share issuance.
- IndiQube posted a profit of INR 60 Cr in FY24 on an operating revenue of around INR 850 Cr.
- Founded in 2015, IndiQube offers managed office spaces and counts WestBridge Capital and Helion Ventures among its backers.
- The company competes with Awfis and Smartworks, with the latter also filing its DRHP recently. 

 Source: [Inc42](https://inc42.com/buzz/exclusive-coworking-space-provider-indiqube-in-talks-with-bankers-for-inr-1500-cr-ipo/)

IndiQube Eyes INR 1,500 Cr IPO Amidst Indian Bourse Boom

- Delhivery has publicly disputed the accuracy of metrics in Ecom Express' IPO prospectus.
- The SoftBank-backed firm claims Ecom Express misrepresented Delhivery's business metrics.
- Delhivery alleges Ecom Express inflates shipment figures by counting returns as two shipments.
- The firm also contests Ecom Express' cost per shipment calculations and zipcode coverage claims.
- This dispute arises as Ecom Express aims to raise $310 million in its upcoming IPO. 

 Source: [Techcrunch](https://techcrunch.com/2024/09/13/softbank-backed-delhivery-contests-metrics-in-rival-ecom-express-ipo-filing/)

Delhivery Challenges Ecom Express' IPO Metrics

There’s no way MamaEarth is worth 10,000 crores, I mean their products are shit, they don’t even manufacture their own products, they don’t have any patents. It’s essentially just a marketing company who have managed to sell mediocre products under the disguise of “toxin-free”.
I really wished their IPO would fail 🥲

Is Mamaearth another story of VCs making a shit ton of money at the expense of retail investors ?

Meesho ESOPs

Growth Manager

Amidst global recession, specially for IT companies, Indegene is floating an initial public offering (IPO) in April 24! Thoughts on the subscription?

Program Manager

- Infra.Market, backed by Tiger Global and Accel, has chosen eight investment banks for its upcoming IPO, aiming to raise over $500 million.
- The selected banks include Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICICI Securities, HSBC Securities, Motilal Oswal Financial Services, and Nuvama Wealth Management.
- The IPO is expected to be a mix of fresh issue and secondary sales, providing an exit for top VC investors.
- The issue size is projected to be between $500 million and $700 million, with potential for a higher amount based on market conditions.
- Infra.Market's subsidiary, RDC Concrete, plans its own public market debut in January 2025 after divesting a 10% stake worth $20 million in 2023. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/tiger-global-accel-backed-infra-market-picks-8-i-bankers-for-mega-500-mn-plus-ipo-12811099.html)

Infra.Market Selects 8 Investment Banks for $500M+ IPO

VC here. Doing this for fun.
Don't take all views seriously.

Comment a startup's name, I'll share if it's promising or whatever I know

Analyst

Welcome to Personal Finance's Private Community

"I wonder how Jefferies has given a target price of Rs. 520/share on Mamaearh - on the listing day, it was already at 93.5 times EBITDA" -> Need more people like this on LinkedIn!

Product Manager

Hi Folks, Can you please let me know which startsups or organisation we should not join 

Reason may be:

No Mission and Vision
Pathetic HR Policies
Burning investors money with 0 Revenue product
Random Hiring and Layoffs
Other reason you can mention
Dirty Politics
Dirty Appraisals and Promotions
If i missed anything mention in comments 

So that our geeks will not join pathetic place and save atleast current job

Do not join list

UX/UI Designer

- MobiKwik's IPO will be a fresh issue of equity shares with no offer for sale component.
- The fintech unicorn plans to use the IPO proceeds to grow its financial services and expand its payments business.
- MobiKwik may also pursue a pre-IPO placement of INR 140 Cr, adjusting the fresh issue size accordingly.
- The company became profitable in FY24, reporting a net profit of INR 14.1 Cr, a turnaround from a net loss of INR 83.19 Cr in the previous year.
- Founded in 2009, MobiKwik offers a suite of financial products and has 146.94 Mn registered users as of September 2023. 

 Source: [Inc42](https://inc42.com/buzz/mobikwik-gets-sebi-nod-for-inr-700-cr-ipo/)

MobiKwik Gets SEBI Nod for INR 700 Cr IPO

The Morning Vine 🍇

- Blackbuck, a logistics unicorn, has filed a draft red herring prospectus for a fresh issue of Rs 550 crore and an offer for sale of 2.16 crore shares.
- Key investors selling shares in the IPO include Accel (52 lakh shares), Tiger Global (9 lakh shares), Flipkart (4 lakh shares), and IFC (17 lakh shares).
- Founders Rajesh Yabaji, Chanakya Hridaya, and Ramasubramanian Balasubramaniam will also sell a combined total of 44 lakh shares.
- Blackbuck's revenue rose 69% from Rs 176 crore in FY23 to Rs 297 crore in FY24, while net loss narrowed from Rs 290 crore to Rs 194 crore.
- The IPO proceeds will fund marketing, product development, its NBFC arm, and general corporate purposes.

Blackbuck Files IPO Prospectus for Rs 550 Crore Fresh Issue

- Jaipur-based D2C men’s grooming brand Menhood is set to go public with an NSE Emerge listing.
- The IPO will open on July 16 and close on July 19, with a price band of INR 71-75 per share.
- Menhood aims to raise INR 19.5 Cr at the upper end of the price band, offering 25,95,200 equity shares.
- Proceeds will be used to expand product offerings and enhance operational capabilities.
- Menhood will be the third new-age startup to list on NSE Emerge this year, following TAC Infosec and Trust Fintech. 

 Source: Inc42

Unicommerce eSolutions Makes Stellar Market Debut with 118% Premium Listing

Discover More

News Discussion on

by Dezi Dean

Grapevine

Emcure Pharma Shares Make Strong Debut with 31% Premium

News Discussion on

by Kendall Lee

Grapevine

Unicommerce IPO Anchor Book to Open on August 5, Listing on August 13

News Discussion on

by Aaron Everett

Jobless

Unicommerce going for IPO! Is that the best in industry

News Discussion on

by Coy Lee

Grapevine

FirstCry Shares List At 40% Premium Over IPO Price On Debut

Indian Startups on

by Coy Carmden

Stealth

U think more profitable startups lik Unicommerce will ipo at low revenues?

News Discussion on

by Karilyn Olive

Grapevine

IndiQube Eyes INR 1,500 Cr IPO Amidst Indian Bourse Boom

News Discussion on

by Kalan Lee

Grapevine

Delhivery Challenges Ecom Express' IPO Metrics

Indian Startups on

by Blair Dean

Student

Is Mamaearth another story of VCs making a shit ton of money at the expense of retail investors ?

Indian Startups on

by Kendall Lee

CARS24

Meesho ESOPs

Indian Startups on

by Jordon Carmden

Indegene

IPO

News Discussion on

by Isaiah Lee

Grapevine

Infra.Market Selects 8 Investment Banks for $500M+ IPO

Indian Startups on

by Kendall Denver

Venture Capital

Comment a startup's name, I'll share if it's promising or whatever I know

Personal Finance on

by Matilda Everett

Citymall

"I wonder how Jefferies has given a target price of Rs. 520/share on Mamaearh - on the listing day, it was already at 93.5 times EBITDA" -> Need more people like this on LinkedIn!

Indian Startups on

by Kendall Taye

Stealth

Do not join list

News Discussion on

by Aaron Hyrum

Grapevine

MobiKwik Gets SEBI Nod for INR 700 Cr IPO

News Discussion on

by Kendall Everett

Grapevine

The Morning Vine 🍇

News Discussion on

by Coy Lee

Grapevine

Blackbuck Files IPO Prospectus for Rs 550 Crore Fresh Issue

News Discussion on

by Matilda Carmden

Grapevine

Menhood's IPO Opens on July 16, Listing on NSE Emerge