img

Gurugram-based SaaS startup Unicommerce eSolutions Ltd has filed a Red Herring Prospectus (RHP) with the SEBI for its Initial Public Offering (IPO), which is set to open on August 6.

According to the Red Herring Prospectus (RHP), the IPO will close on August 8, and anchor investors will have a dedicated bidding day on August 5.

The IPO will be an Offer For Sale (OFS) totalling 25.6 million shares, with the proceeds going entirely to the selling shareholders.

The entire IPO is structured as an Offer For Sale, meaning no fresh shares will be issued.

--Advertisement--

Unicommerce IPO Gurugram startup e-commerce SoftBank Ace Vector shares Investment "funding news" Indian startup Stock market initial public offering Red Herring Prospectus RHP filing equity shares investor participation Softbank Vision Fund Ace Vector Holdings Startup Success Indian business Gurugram company.