What is the Ecom Express IPO date & price?
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The IPO date and price are TBA, with expectations of raising ₹2,600 crore.
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Overview of the Company: Ecom Express Limited, incorporated in 2012, is a prominent name in the Indian logistics and e-commerce sector. The company provides end-to-end logistics solutions specifically designed for e-commerce players across India. With a strong presence in over 2,650 towns and cities, it caters to the logistics needs of both large and small e-commerce players.
Core Business and Market Position: The company's core business revolves around parcel delivery, reverse logistics, and fulfillment services. Ecom Express holds a strong market position in the logistics industry, leveraging technology-driven solutions to optimize operations. Their scalable infrastructure and reliable service offerings have positioned them as one of the preferred logistics partners for e-commerce companies across India.
IPO Details | Particulars |
IPO Opening Date | [To be Announced] |
IPO Closing Date | [To be Announced] |
Total Offer Size | ₹2,600 crore |
Face Value of Shares | ₹1 per share |
Fresh Issue | ₹1,284.5 crore |
Offer for Sale | ₹1,315.5 crore |
Listing on | NSE, BSE |
Purpose of the IPO
The primary purpose of the IPO is to raise funds for business expansion, infrastructure development, and repayment of certain outstanding debts. The company also aims to strengthen its balance sheet and provide partial exits to existing investors.
Event | Date |
IPO Open Date | TBA |
IPO Close Date | TBA |
Basis of Allotment | TBA |
Initiation of Refunds | TBA |
Credit of Shares to Demat | TBA |
Listing Date | TBA |
Cut-off time for UPI mandate confirmation | TBA |
Online Application Process
Step 1: Log in to your Bajaj Broking trading account linked to your Demat account.
Step 2: Navigate to the IPO section and select " Ecom Express IPO."
Step 3: Choose the number of shares and the price within the specified range.
Step 4: Complete the UPI mandate or ASBA process to block the required funds.
Step 5: Submit your application.
Potential Risks of Investing in the IPO:
Opportunities and Growth Potential:
Registrar | Contact Information |
Link Intime India Pvt Ltd | Email: ecomexpress.ipo@linkintime.co.in |
Tel: +91 81081 14949 |
Lead Manager | Contact Information |
Axis Capital Limited | ecomexpress.ipo@axiscap.in |
IIFL Securities Limited | ecomexpress.ipo@iiflcap.com |
Kotak Mahindra Capital | ecomexpress.ipo@kotak.com |
UBS Securities India Pvt | ol-ecomexpressipo@ubs.com |
The Ecom Express IPO presents an exciting opportunity for investors looking to capitalize on the growing e-commerce sector in India. With a well-established market position and a focus on expansion, the company is poised for significant growth. However, like any investment, it comes with its risks. Prospective investors should thoroughly review the company’s financials, market position, and risk factors before making any decisions.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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The IPO date and price are TBA, with expectations of raising ₹2,600 crore.
Ecom Express is a leading logistics player in India, catering to e-commerce. This IPO aims to fund expansion and provide partial exits to existing investors.
The price band is TBA and will be decided based on market demand and company valuation in consultation with the lead managers.
To apply through your Bajaj Broking Demat Account, go to the IPO section, and select " Dev Accelerator IPO." Choose quantity and price, complete the UPI mandate or ASBA process, and submit your application to block the required funds.
Key risks include competition and operational challenges, while growth opportunities arise from the booming e-commerce sector.
The shares will be listed on the NSE and BSE after the allotment process, with the listing date TBA.
Investors should review the Red Herring Prospectus, financials, and risk factors outlined by the company.
Dividend policies will depend on the company’s profitability and decisions post-listing, which are TBA.
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