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Unicommerce IPO sees 5.6X oversubscription from retail buyers

EntrackrEntrackr · 1y ago
Unicommerce IPO sees 5.6X oversubscription from retail buyers
Medial

The initial public offering of e-commerce SaaS platform Unicommerce was fully subscribed by retail investors within the first three hours of its opening. The Unicommerce IPO is scheduled from August 6 to 8, with a price band set at Rs 102-108 per share and a minimum lot size of 138 shares. To participate, investors must make a minimum investment of Rs 14,076. As of 3:11 PM (August 6), the retail portion in the Gurugram-based firm’s IPO has been oversubscribed by 5.58 times, while non-institutional investors have filled 82% of their allotted portion. The SoftBank-backed company also allocated Rs 124 crore or $15 million to its anchor investors yesterday. SBI, ICICI, Morgan Stanley, Nippon, Kotak, Aditya Birla, HDFC, and Franklin India are some key anchor investors for Unicommerce. The company demonstrated strong financial growth in the past two years as its revenue surged from Rs 59 crore in FY22 to Rs 104 crore in FY24. Significantly, the firm’s profit spiked over 2X in the same period.

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Unicommerce investors made over 2X return on opening day

EntrackrEntrackr · 1y ago
Unicommerce investors made over 2X return on opening day
Medial

Unicommerce, the e-commerce SaaS platform, made an impressive stock market debut, opening at Rs 235 per share—a 2.18X premium over its IPO price band of Rs 108. The Gurugram-based firm launched an IPO of Rs 276 crore, open to the public from August 2 to August 6, with a price band of Rs 102-108 per share. Unicommerce’s popularity is evident in its oversubscription rate, which soared over 168 times. Companies like Unicommerce will be setting examples for mid-stage SaaS companies which do not have such high valuations but strong fundamentals that are enough to attract a large investor base. Recommended read: Unicommerce IPO interest paves way for small, profitable startups to go public. According to the National Stock Exchange, the company touched its highest of Rs 256 per share and is currently trading at Rs 219 (as of 13.55 today). Unicommerce reported a revenue of Rs 104 crore in the fiscal year ending March 2024, with a profit of Rs 13 crore. The company is yet to file its quarterly results for the first quarter of the ongoing fiscal year (FY25).

Fractal IPO subscribed over 2.6X, QIB led with 4.2X bids

EntrackrEntrackr · 9d ago
Fractal IPO subscribed over 2.6X, QIB led with 4.2X bids
Medial

News All Stories Fractal IPO subscribed over 2.6X, QIB led with 4.2X bids AI solutions provider Fractal Analytics’s IPO booked nearly 2.66 times at the time of bid closure on the final day. While the overall demand doesn’t appear strong, bids from Qualified Institutional Buyers (QIBs) witnessed over 4X oversubscription. Mukul Manchanda 11 Feb 2026 17:35 IST Follow Us New Update AI solutions provider Fractal Analytics’s IPO booked nearly 2.66 times at the time of bid closure on the final day. While the overall demand doesn’t appear strong, bids from Qualified Institutional Buyers (QIBs) witnessed over 4X oversubscription. According to exchange data, QIBs subscribed 4.18X, followed by Non-Institutional Investors (NIIs) at 1.06 times. The retail investor quota saw muted demand, with subscriptions reaching only 1.03X. Importantly, employee quota saw meagre subscription at 0.6X. Fractal's initial public offering was open for subscription from February 9 and 11, with a price band of Rs 857-900 per share and a minimum investment requirement of Rs 13,712. As per the RHP, Fractal has trimmed its issue size by 42% to Rs 2,834 crore, compared to the Rs 4,900 crore IPO proposed in its draft red herring prospectus (DRHP) last year. The revised IPO will include a fresh issue of shares worth Rs 1,023.5 crore and an offer for sale (OFS) of Rs 1,810.4 crore by existing shareholders. The company plans to use the fresh issue proceeds to support inorganic growth, invest in subsidiaries, and meet working capital needs. Ahead of its IPO opening for subscription, Fractal raised Rs 1,248 crore from anchor investors. The anchor book saw participation from a mix of leading domestic mutual funds and global institutional investors, including SBI Small Cap Fund, LIC, Morgan Stanley, and Goldman Sachs. Founded in 2000, Fractal provides artificial intelligence and advanced analytics solutions to global enterprises across sectors such as consumer goods, retail, healthcare, technology and financial services. The company derives a majority of its revenue from the US. On the financial side, Fractal reported consolidated revenue of Rs 2,765 crore in FY25 from Rs 2,196 crore in FY24. Its net profit stood at Rs 220.6 crore in FY25, compared to a loss of Rs 54.7 crore in FY24. For the first half of FY26, it recorded revenue of Rs 1,559 crore and a profit of Rs 71 crore.

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