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Let’s have a detailed review of the company and analytics of the Snapdeal IPO release date, IPO offer price, subscription, Snapdeal Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 1
Price BandRs [●]
Listing AtBSE, NSE
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs Million
Fresh IssueRs 12,500 Million
IPO SizeRs Million
Tick Size1

Snapdeal IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.


Snapdeal IPO – Summary

Snapdeal IPOThey were India’s largest pure-play value eCommerce platform, in terms of revenue for the Financial Year 2020.3 Further, with over 200 million app installations on Google Play Store, they are the most installed pure-play value eCommerce application and one of the top four online lifestyle shopping destinations in terms of total app installations in India, as of August 31, 2021.

Founded in 2007, they started their business as a coupon booklet business, which they transformed into an online deals platform in 2010 and an online eCommerce marketplace in 2012. Snapdeal’s value proposition meets the distinct buying needs of ‘Bharat’ shoppers.

The Promoter of this company is PROFESSIONALLY MANAGED. The lead manager to the issue is Axis Capital Limited, BofA Securities India Limited, CLSA India Private Limited, JM Financial Limited, and the Registrar to this issue is Link Intime India Private Limited.


Snapdeal IPO Date

The opening and the closing date of Snapdeal IPO are not available yet.

Check out Related IPO Links:

Snapdeal IPO GMP
Allotment – Snapdeal IPO

Snapdeal IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.

Check Snapdeal IPO LIVE Subscription

  • Snapdeal IPO LIVE Bid details on BSE
  • Snapdeal IPO LIVE Bid details on NSE

For the Latest Bid details click on the above links.


Snapdeal IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Snapdeal Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

Snapdeal IPO Price

The face value of each share is Rs.1, but the price band of the IPO is Rs.[●] 


Snapdeal IPO Size

This Initial Public Issue of X Equity Shares of Rs.1 each for cash at a price of Rs.[●]  per equity share aggregating to Rs.[●] Million.


Snapdeal IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.1/ each.

Issue Size: X Equity Shares of Rs.1 each, aggregating to Rs.[●] Million


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    Snapdeal IPO – Live Performance

    The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Snapdeal Share Price

    Snapdeal IPO Grey Market Premium

    The Snapdeal Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    Snapdeal IPO – Company Overview

    Their platform hosts a wide selection of merchandise across lifestyle categories: fashion; home and general merchandise; beauty and personal care; and others. They strive to continue developing a network of sellers who can offer good quality products at value prices to their users.

    They serve users across the nation but intend to attract value buyers who belong to the mid-income segment and are predominantly located in Tier 2+ cities of India which, according to RedSeer, form the majority of the untapped value eCommerce buyers. Such users are also referred to as ‘Bharat’ shoppers by RedSeer.

    Their vision is to help their users experience the joy of living their aspirations through reliable, value-for-money shopping. Further, their mission is to become India’s value lifestyle omnichannel leader.

    With this goal in mind, they endeavor to provide a convenient online shopping experience to their users and seek to simplify their purchase decisions, by showcasing the most relevant selection through personalization, driven by machine learning. They believe that over the last several years, they have enhanced their expertise in catering to the value segment of the Indian eCommerce market.


    Snapdeal IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Million)
    30-Sep-2131-Mar-21Mar-2031-Mar-19
    Total Assets6,836.287,953.489,253.0513,596.90
    *Total Revenue2,528.415,102.689,166.629,253.19
    Total Expense4,290.926,363.5012,110.2211,137.82
    Profit After Tax(1,770.77)(1,254.40)(2,735.40)(1,870.29)

    Earnings per Equity Share (in Million)

    30-Sep-2131-Mar-21Mar-2031-Mar-19
    Basic & Diluted(4.49)(3.18)(6.94)(7.23)

    Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. (1,254.40) Million, Rs. (2,735.40) Million and Rs. (1,870.29) Million respectively.


    Snapdeal IPO – Promoters

    The Promoter of this company is:

    1. PROFESSIONALLY MANAGED COMPANY

    List of Related Parties (Key Managerial Personnel)

    • Kunal Bahl, Chairman, and Whole-time Director
    • Rohit Kumar Bansal, Whole-time Director
    • Akhil Kumar Gupta, Non-Executive Director (Nominee Director)
    • Saurabh Jalan, Non-Executive Director (Nominee Director)
    • Kaushik Dutta, Independent Director
    • Anisha Motwani, Independent Director

    Snapdeal IPO – Promoters Holding

    • Pre Issue Share Holding – %
    • Pos Issue Share Holding – %

    Snapdeal IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to X Equity Shares aggregating up to Rs.[●] Million
    of which:
    Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Of which:
    Retail Investors Portion Not less than [●] Equity Shares
    Other than Retail Individual InvestorsNot more than [●] Equity Shares
     Equity Shares outstanding prior to the Issue397,305,920 Equity Shares
     Equity Shares outstanding after the IssueX Equity Shares

    Snapdeal IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Funding organic growth initiatives; and
    2. General corporate purposes

    Snapdeal IPO – Business Strategy

    • Continue to acquire new users through increased engagement, marketing, and continuous improvement of their platform
    • Increase existing buyers’ loyalty and the repetition, frequency, and average spend of their purchases, by improving their shopping journeys
    • Invest in their “Power Brands” portfolio and create a network of sellers who can offer good quality products at attractive prices, create assortment differentiation, and enhance margins for their platform
    • Continue to enhance their seller network for better selection, pricing, and margins
    • Expand into omni-channel distribution using an asset-light model, and rapidly scale the offline network
    • Continuing to grow Unicommerce within India and international markets

    Snapdeal IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • India’s largest pure-play value eCommerce platform.
    • Wide selection of value merchandize at affordable prices from a network of quality-focused sellers.
    • Discovery-led and personalized buying journey driven by artificial intelligence and machine learning helps value shoppers find relevant and interesting products on their platform.
    • Asset-light and technology-backed logistics and UniMove Logistics Platform enable a higher degree of control, improve user experience, and reduce pre-delivery returns, leading to positive unit economics.
    • High touch, easy-to-reach and multi-lingual user support for new and early internet shoppers.
    • Proprietary technology stack custom-built for the needs of value eCommerce, with limited external dependencies and lower operating expenses.
    • Strong governance practices, experienced management, and marquee investors.

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-21(3.18)(24.17)13.16
    31-Mar-20(6.94)(41.87)
    Mar-19(7.23)(29.00)

    Snapdeal IPO: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Millions)
    Snapdeal Limited1[●](3.18)(24.17)5,102.68
    Listed Peers
    NA

    Snapdeal IPO Lead Managers

    Lead Managers

    Axis Capital Limited

    BofA Securities India Limited

    CLSA India Private Limited

    JM Financial Limited

    Snapdeal IPO Registrar to offer

    Registrar to the Offer
    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

    Snapdeal IPO – Other Details

    • Statutory Auditor – S.R. Batliboi & Associates LLP, Chartered Accountants
    • Legal Counsel to the Company – J. Sagar Associates
    • Bankers to the Company –  HDFC Bank Limited, RBL Bank Ltd. and Yes Bank Limited


    Snapdeal IPO Review by Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


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      Snapdeal Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download


      Snapdeal IPO Review FAQs

      What is the Issue Size of Snapdeal IPO?

      The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of Snapdeal IPO?

      The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.1 per share.

      What is the Snapdeal IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

      What is the Snapdeal IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

      What is the Snapdeal IPO Listing Date?

      Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

      Who is the Registrar of Snapdeal IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Snapdeal IPO?

      Here are the promoters of this IPO – PROFESSIONALLY MANAGED COMPANY. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of Snapdeal IPO?

      They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Is Snapdeal IPO good for Investment?

      They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Snapdeal Company?

      They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is (1,254.40), 2020 is (2,735.40), 2019 is (1,870.29). PAT from Sep 2021 is (1,770.77).


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