Unicommerce shares make multibagger market debut at Rs 235, up 117% over IPO price

Ecommerce software firm Unicommerce Esolutions Ltd listed on the stock exchanges Tuesday at a significant premium to its issue price. The company’s scrip got listed on the National Stock Exchange (NSE) at Rs 235 apiece, more than double its issue price of Rs 108.

On the BSE, the stock got listed at Rs 230.

Unicommerce’s Rs 277-crore initial public offering (IPO) was subscribed nearly 170 times the shares on offer – making it among the most subscribed issue this year.