Unicommerce files RHP for IPO; SoftBank, AceVector to offload 25.6 million shares

Gurugram-based Unicommerce Esolutions, which provides technology products to manage the online operations of retailers, has filed its red herring prospectus (RHP) for an initial public offering (IPO) of its shares.

The company’s issue will launch for subscription on August 6 and close on August 8. Unicommerce shares will be listed on the exchanges on August 13.