Snapdeal IPO date is not fixed yet. Snapdeal IPO to raise around ₹1250 crores via IPO that comprises fresh issue of ₹- crores and offer for sale up to ₹1250 crores of ₹1 each. The retail quota is 10% while QIB is 75% and HNI is 15%.
Snapdeal is one of the leading e-commerce portals based in New Delhi. The company was founded by Kunal Bahl and Rohit Bansal in 2010. The company is selling over 60 million products via 800 categories from local to international brands. Snapdeal has partnered with global investors and individuals like SoftBank, BlackRock, Temasek, Foxconn, Alibaba, eBay Inc., Premji Invest, Intel Capital, Bessemer Venture Partners, Mr. Ratan Tata, among others. The company started with the concept of a daily deal in the early days and in 2011 they became an online marketplace. As per the data the company has over 5 lakh independent sellers selling on the Snapdeal marketplace and over 3700 town buyers are buying products from the online market. Check out Snapdeal IPO details.
Important Details:
- As per reports, Snapdeal is eyeing a $200Mn – $250 Mn IPO at a $1.5 Bn valuation. (Source: Inc42)
- One of India's largest marketplace in India.
- Big names already invested in the brand, Ratan Tata, Alibaba, SoftBank, and more names are in the list.
- First funding was received in 2011 from Nexus Venture Partners and Indo-US Venture Partners.
- In 2015 Alibaba Group, Foxconn and SoftBank invested US$500 million.
- The company acquired grabbon.com, esportsbuy.com, shopo.in, doozton.com and wishpicker.com in their journey.
- The company acquired a stake in smartprix.com and acquired Exclusively.in.
- They acquired a 20% stake in logistics service company Gojavas.com, with acquisitions in eCommerce management software and fulfillment solution provider, Unicommerce.com and RupeePower, a digital platform for financial transactions.
- In 2015, mobile-payments company FreeCharge.com was acquired and the Programmatic display advertising platform, Reduce Data was acquired.
- Jasper Infotech Private Limited changed its name to Snapdeal Private Limited in 2019.
- Competitors: Flipkart, Amazon, Nykaa (Newly Listed)
- Exclusive: IPO-Bound Snapdeal Issues 394 Mn Bonus Equity Shares To 61 Shareholders (Source: Inc42)
- Snapdeal IPO - Snapdeal files IPO papers to raise Rs 1,250 crore (Source: Economic Times)
Snapdeal IPO Review
- To be updated soon
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Snapdeal IPO Date & Price Band
IPO Open: | To be updated soon |
IPO Close: | To be updated soon |
IPO Size: | Approx ₹1250 Crores |
Fresh Issue: | N/A |
Offer for Sale: | Approx ₹1250 Crores |
Face Value: | ₹1 Per Equity Share |
Price Band: | ₹- to ₹- Per Share |
Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Snapdeal IPO Market Lot
The Snapdeal IPO minimum market lot is - shares with ₹- application amount. The retail investors can apply up-to 13 lots, - shares with ₹- application amount.
Minimum Lot Size: | Minimum - Shares for 1 lot |
Minimum Amount: | ₹- for 1 lot |
Maximum Lot Size: | Maximum - Shares for 13 lot |
Maximum Amount: | ₹- for 13 lot |
Snapdeal IPO Date, Time Table, Allotment & Listing
The Snapdeal IPO date is -and the IPO close date is -. The allotment date is - and the IPO may list on -.
Price Band Announcement: | To be updated soon |
Anchor Investors Allotment: | To be updated soon |
IPO Open Date: | To be updated soon |
IPO Close Date: | To be updated soon |
Basis of Allotment: | To be updated soon |
Refunds: | To be updated soon |
Credit to Demat Account: | To be updated soon |
IPO Listing Date: | To be updated soon |
Snapdeal IPO Form
How to apply the Snapdeal IPO? You can apply for Snapdeal IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Snapdeal IPO in the Invest section. The other option you can apply Snapdeal IPO via IPO forms download via NSE and BSE. Check out the Snapdeal forms - click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.Snapdeal Company Financial Report
₹ in Crores | |||||
Income | Expense | PAT | |||
2019 | ₹925 | ₹1114 | -₹187 | ||
2020 | ₹917 | ₹1211 | -₹274 | ||
2021 | ₹510 | ₹636 | -₹125 |
Company Promoters
- Our Company is a Professionally Managed Company and does not have an Identifiable Promoter.
Snapdeal IPO Registrar
Link Intime India Private Limited
C-101, 247 Park, 1st Floor
L.B.S. Marg, Vikhroli
West Mumbai 400 083
Tel: +91 22 4918 6200
E-mail: snapdeal.ipo@linkintime.co.in
Investor Grievance e-mail: snapdeal.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Note: Check Snapdeal IPO allotment status on Linkintime website allotment URL. Click Here
Snapdeal IPO Lead Managers
- Axis Capital Limited
- BofA Securities India Limited
- CLSA India Private Limited
- JM Financial Limited
Company Address
Snapdeal Limited
Registered Office:
SproutBox Suryavillas,
Suite # 181 TR -4, First Floor D-181,
Okhla Industrial Area, Phase I,
New Delhi - 110020
Tel: +91 11 40366529
Corporate Office:
Capital Cyberspace, Sector 59,
Golf course road Extension Road,
Gurugram - 122102
Tel: +91 124 4739850
Contact Person:
Prankur Chaturvedi
Compliance Officer
Roshni Tandon
Company Secretary
E-mail: complianceofficer@snapdeal.com
Website: www.snapdeal.com
Corporate Identity Number: U72300DL2007PLC168097
Snapdeal IPO FAQs
What is Snapdeal IPO?
Snapdeal IPO is a main-board IPO. They are going to raise ₹1250 Crores via IPO. The issue is priced at ₹- to ₹- per equity share. The IPO is to be listed on BSE & NSE.
When Snapdeal IPO will open?
The IPO is to open on To be updated soon for QIB, NII, and Retail Investors.
What is Snapdeal IPO Investors Portion?
The investors' portion for QIB is 75%, NII 15%, and Retail 10%.
How to Apply the Snapdeal IPO?
You can apply Snapdeal IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Snapdeal IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Snapdeal Finance". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Snapdeal IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Snapdeal Finance". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate.
What is Snapdeal IPO Size?
Snapdeal IPO size is ₹1250 crores. The IPO comprises ₹- crores fresh issue and offers for sale of ₹1250 crores.
What is Snapdeal IPO Price Band?
Snapdeal IPO Price Band is ₹- to ₹- per equity share.
What is Snapdeal IPO Minimum and Maximum Lot Size?
The minimum bid is - Shares with ₹- amount while the maximum bid is - shares with ₹-.
What is Snapdeal IPO Allotment Date?
Snapdeal IPO allotment date is To be updated soon.
What is Snapdeal IPO Listing Date?
Snapdeal IPO listing date is To be updated soon. The IPO to list on BSE and NSE.
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