HomeFinanceUnicommerce eSolutions Limited raises ₹ 124.46 crore from 14 anchor investors at...

Unicommerce eSolutions Limited raises ₹ 124.46 crore from 14 anchor investors at the upper price band of ₹ 108 per equity share

Price Band fixed at ₹ 102 to ₹ 108 per Equity Share of face value of ₹ 1 each (“Equity Share”);

· Bid/ Offer will open on Tuesday, August 06th, 2024 and close on Thursday, August 08th, 2024.

· Bids can be made for a minimum of 138 Equity Shares and in multiples of 138 Equity Shares thereafter.
Link:

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20240805-44

Unicommerce eSolutions Ltd, has allocated 11,523,831 Equity Shares to 14 anchor Investors and raised ₹ 124.46 crore ahead of company’s proposed IPO at the upper price band of ₹ 108 per equity share (including premium of ₹ 107 per equity shares) with face value of ₹ 1 per share.

Sr. No.

Name of Anchor Investor

No of Equity Shares Allocated

% of Anchor Investor Portion

Bid Price (₹ per Equity Shares)

Total Amount Allocated (₹)

1

SBI TECHNOLOGY OPPORTUNITIES FUND

1,296,372

11.25%

108

140,008,176

2

HDFC MUTUAL FUND – HDFC NON CYCLICAL CONSUMER FUND

583,326

5.06%

108

62,999,208

3

HDFC MUTUAL FUND – HDFC TECHNOLOGY FUND

713,046

6.19%

108

77,008,968

4

ICICI PRUDENTIAL TECHNOLOGY FUND

1,296,372

11.25%

108

140,008,176

5

MORGAN STANLEY INVESTMENTS FUNDS INDIAN EQUITY FUND

462,963

4.02%

108

50,000,004

6

 

MORGAN STANLEY INDIA INVESTMENT FUNDS INC.

 

833,409

7.23%

108

90,008,172

7

KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK CONSUMPTION FUND

648,186

5.62%

108

70,004,088

8

KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND

648,186

5.62%

108

70,004,088

9

NIPPON INDIA MUTUAL FUND A/C NIPPON EQUITY HYBRID FUND

1,296,372

I1.25%

108

140,008,176

10

ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND

749,202

6.50%

108

80,913,816

11

THE PRUDENTIAL ASSURANCE COMPANY LIMITED

749,064

6.50%

108

80,898,912

12

FRANKLIN INDIA TECHNOLOGY FUND

749,202

6.50%

108

80,913,816

Sr. No.

Name of Anchor Investor

No of Equity Shares Allocated

% of Anchor Investor Portion

Bid Price (₹ per Equity Shares)

Total Amount Allocated (₹)

13

DSP MULTICAP FUND

749,064

6.50%

108

80,898,912

14

HIGH CONVICTION FUND – SERIES 1

749,067

6.50%

108

80,899,236

TOTAL

11,523,831

100.00%

1,244,573,748

Out of the total allocation of 11,523,831 Equity Shares to the Anchor Investors, 8,729,328 Equity Shares (i.e. 75.75% of the total allocation to Anchor Investors) to 14 domestic Mutual Funds through a total of 10 schemes.

Sr. No.

Name of Anchor Investor

No of Equity Shares Allocated

% of Anchor Investor Portion

Bid Price (₹ per Equity Shares)

Total Amount Allocated (₹)

1

SBI TECHNOLOGY OPPORTUNITIES FUND

1,296,372

11.25%

108

140,008,176

2

HDFC MUTUAL FUND – HDFC NON CYCLICAL

CONSUMER FUND

583,326

5.06%

108

62,999,208

3

HDFC MUTUAL FUND – HDFC TECHNOLOGY FUND

713,046

6.19%

108

77,008,968

4

ICICI PRUDENTIAL TECHNOLOGY FUND

1,296,372

11.25%

108

140,008,176

5

KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK CONSUMPTION FUND

648,186

5.62%

108

70,004,088

6

KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND

648,186

5.62%

108

70,004,088

7

NIPPON INDIA MUTUAL FUND A/C NIPPON EQUITY HYBRID FUND

1,296,372

11.25%

108

140,008,176

8

ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE

LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND

749,202

6.50%

108

80,913,816

9

FRANKLIN INDIA TECHNOLOGY FUND

749,202

6.50%

108

80,913,816

10

DSP MULTICAP FUND

749,064

6.50%

108

80,898,912

TOTAL

8,729,328

75.75%

942,767,424

 

IIFL Securities Limited and CLSA India Private Limited are the Book Running Lead Managers to the Issue.

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