Key Objective
Initial public offer of 25,608,512 equity shares of face value of Re. 1 each ("Equity Shares") of Unicommerce eSolutions Limited ("Company" or "Issuer") for cash at a price of Rs. 108 per equity share aggregating to
Rs. 276.57 crores (the "Offer"), through an offer for sale of 25,608,512 equity shares aggregating to Rs. 276.57 crores ("Offer for Sale") by the selling shareholders (as defined below), comprising 9,438,272^ equity shares aggregating to Rs. 101.93 crores by Acevector Limited (formerly known as Snapdeal Limited) ("Promoter Selling Shareholder"), and 16,170,240 equity shares aggregating to Rs. 174.64 crores by SB Investment Holdings (UK) Limited* ("Investor Selling Shareholder") (the promoter selling shareholder and the investor selling shareholder together referred to as the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares")
The offer constituted 25.00 % of the post-offer paid up equity share capital of the company.
*The equity shares offered by SB Investment Holdings (UK) Limited included 32,340,480 equity shares that resulted upon conversion of 9,858 series a preference shares and 2,775 series b preference shares held by SB Investment Holdings (UK) Limited in the ratio of 2,560:1, i.e., 2,560 equity shares for one preference share.
The face value of the equity shares is Re. 1 each and the offer price is 108 times the face value of the equity shares.