In a significant move that has captured the attention of the market, Snapdeal, one of India's leading e-commerce platforms, has filed for an IPO to raise Rs. 1,250 crores. This decision highlights a pivotal moment for the company as it seeks to capitalise on the booming e-commerce sector in India.
Opening Date
Closing Date
Price Band
Issue Size
Face Value
Market Lot
Listing at NSE, BSE
| IPO Open Date | To be announced |
|---|---|
| IPO Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation Of Refunds | To be announced |
| Credit Of Shares To Demat Account |
To be announced |
| IPO Listing Date | To be announced |
| UPI Mandate Expiry Date | To be announced |
Checkout the List of Upcoming IPO
Founded in 2007 as Jasper Infotech, the company rebranded itself as Snapdeal Private Limited in 2019. With whole-time directors Kunal Bahl and Rohit Kumar Bansal as founders, the company has positioned itself as one of India's top four online lifestyle shopping destinations as of 31st August 2021.
The platform boasts an extensive assortment of products ranging from fashion and electronics to beauty and sports equipment, with mobile phones and accessories being the top sellers.
Snapdeal's subsidiary, Unicommerce, further cements its stronghold in the e-commerce sector by offering state-of-the-art SaaS solutions in processing and intelligence services to retail clients, making it a leader in its field based on revenue.
For investors and financial analysts keen on understanding Snapdeal's financial trajectory, the provided data delineates a vivid picture of the company's financial performance over recent fiscal periods.
| Financial Metrics | FY19 | FY20 | FY21 | Till September 30, 2021 |
|---|---|---|---|---|
| Revenue (in cr.) | 2839.43 | 836.4 | 471.7 | 238.6 |
| Profit After Tax (in cr.) | -187 | -273.54 | -125.44 | -177 |
| Total Assets (in cr.) | 1359.7 | 925.3 | 795.35 | 638.63 |
| EPS (in Rs.) | -7.23 | -6.94 | -3.18 | -4.49 |
Before investing in Snapdeal's Initial Public Offering (IPO), it's crucial to assess its strengths and weaknesses. Understanding these factors can help investors make informed decisions about the potential risks and rewards associated with Snapdeal's IPO.
| Strengths | Weaknesses | ||
|---|---|---|---|
| Strong customer base in Tier 2 cities | Faces stiff competition from giants like Amazon and Flipkart | ||
| Leadership in technology investment | Need to continually innovate to stay relevant | ||
| Backed by notable investors (Alibaba, Foxconn) | Dependent on external funding for growth | ||
Snapdeal's IPO represents an investment opportunity and a window into the evolving landscape of Indian e-commerce, particularly for those keen on Tier 2 market dynamics and digital retail innovation.
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The price band and other specifics related to the IPO will be announced closer to the listing date.
Snapdeal aims for a fresh issue worth Rs. 1,250 crore, along with an offer to sell 30,769,600 equity shares, underscoring its substantial size in the e-commerce platform sector.
Specific details regarding the minimum lot size will be disclosed as the IPO date approaches.
Investment specifics, including the minimum investment threshold, will be clarified following the announcement of the price band.
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