Snapdeal IPO
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 To be Announced | Closing Date To be Announced |
| Price Band To be Announced | Issue Size To be Announced |
| Face Value To be Announced | Market Lot To be Announced |
| 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
About the Snapdeal Company
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.
Snapdeal IPO Financial Highlights
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 |
Snapdeal IPO Strengths & Weakness
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 | ||
How to apply in IPO via UPI on Dynami
A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App
How to apply for Snapdeal IPO ?
Retail investors need to apply for the IPO using UPI
UPI
- Link your bank account to a UPI ID.
- Register your UPI id with your Demat account.
- Subscribe for Ola Electric IPO and approve the payment on your UPI ID.
Demat Account
- If you are an existing Dynami user, Pre-Apply Now!
- If you’re a new investor, open free demat account with our Dynami App and begin your investment journey.
How to open a
Demat & Trading Account?
Fill up your personal details in the form above
Fill up your DOB, PAN, email & bank account details
Upload your photo and e-sign your application via Aadhaar OTP
Frequently Asked Questions
What is the price band of the company?
The price band and other specifics related to the IPO will be announced closer to the listing date.
What is the size of the IPO?
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.
What is the minimum lot size of the company?
Specific details regarding the minimum lot size will be disclosed as the IPO date approaches.
What is the minimum investment required of the company?
Investment specifics, including the minimum investment threshold, will be clarified following the announcement of the price band.
To remain updated on the latest
market updates follow us at
Copyright 2010 Religare. Trademarks are the property of their respective owners. All rights reserved. Please note that by submitting your mobile and email on our website, you are authorizing us to Call/SMS/Whtsapp/Email you even though you may be registered under DNC. We shall Call/SMS you for a period of 6 months
Religare Broking Limited (RBL): Registered Office: 2nd Floor, P-14, 45/90, P-Block, Connaught Place, New Delhi 110001. Board line number: 011-49871213. Fax No.: 011-49871189
Religare Broking Limited (CIN: U65999DL2016PLC314319) Registered Office: Religare Broking Limited, 2nd Floor, P-14, 45/90, P-Block, Connaught Place, New Delhi 110001. Board line number: 011-46272400, Fax No. 011-46272447. Member Religare Broking Limited (RBL) : SEBI Regn. No. INZ000174330 NSE CM, F&O, CD TM Code: 06537 Clearing Member (F&O) No. M50235; BSE CM, F&O, CD, CO Code: 3004 Clearing No: 3004; MSE CM, F&O, CD, TM Code: 1051| MCX Membership No. 56560 | NCDEX Membership No. 01276 | AMFI ARN No.139809. Depository Participant : Religare Broking Limited (RBL) – NSDL: DP ID: IN 301774 | SEBI Regn. No: IN-DP-385-2018 | CDSL DP ID: 30200 | SEBI Regn. No: IN-DP-385-2018. Research Analyst: Religare Broking Limited (RBL) – SEBI Regn. No: INH100006977 | Registrars to an issue and share Transfer Agents (RTA) - SEBI Regi. No : INR000004361 | Corporate Agent (Composite) - IRDA Regi. No : CA0581 | National Pension System - Point of Presence (NPS-POP) - PFRDA Regi. No : POP01092018.
Disclaimer : Investment in securities market are subject to market risks, read all the related documents carefully before investing. RBL is a distributor of Mutual Funds / IPOs / Insurance / Bonds & NCDs. Equities, Currencies & Depository Services are offered through Religare Broking Ltd. Brokerage will not exceed the SEBI prescribed limit. | Securities quoted are exemplary and are not recommendatory. |
https://religareonline.com/disclaimer