SaaS platform Unicommerce Esolutions has raised Rs 124.5 crore through its anchor book, which was available for a single day on August 5. The public issue opens tomorrow, with the bidding closing on August 8.
In an exchange filing, the New Delhi-based company announced that it has allocated 1,15,23,831 equity shares to 11 anchor investors at a price of Rs 108 per share.
Notable investors include Morgan Stanley, SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Trustee, and Nippon Mutual Fund, each acquiring 12.96 lakh shares worth Rs 14 crore. Additionally, Aditya Birla Sun Life Trustee, The Prudential Assurance Company, Franklin India Technology Fund, DSP Multicap Fund, and High Conviction Fund secured 7.49 lakh shares worth Rs 8.09 crore each.
According to Unicommerce, of the total allocation to anchor investors, 87,29,328 shares were allocated to eight domestic mutual funds across ten schemes.
Unicommerce plans to raise Rs 276.57 crore through its initial share sale at the top end of the price band of Rs 102-108 per share. The IPO is solely an offer-for-sale of 2.56 crore equity shares by promoter AceVector and investor SB Investment Holdings (UK), meaning the proceeds will go to these selling shareholders, with the company itself receiving no funds from the IPO.
IIFL Securities and CLSA India are serving as the book-running lead managers for the issue.
