Snapdeal IPO GMP, Snapdeal Grey Market Premium
Know about Snapdeal IPO: Snapdeal IPO GMP (Snapdeal Grey Market Premium), Snapdeal IPO Date, Snapdeal IPO Review, Snapdeal IPO Benefits & Risks. We will update VLCC Health Care GMP daily. Also, all information related to Snapdeal IPO like price band, all dates, issue size and retail parts etc. All the important information about Snapdeal IPO is given below.
Snapdeal IPO
Snapdeal Limited is one of the e-commerce platforms of India. The IPO of Snapdeal Ltd is expected in the year 2022. Snapdeal Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).
Snapdeal IPO will open on February 2022 and close on February 2022. The price band of the Snapdeal IPO is ₹- to ₹-. Snapdeal Ltd is looking to raise around ₹- crores through an initial public offering (IPO). Snapdeal IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Snapdeal's IPO listing date is - February 2022. You can know about Snapdeal Limited IPO GMP (Grey Market Premium) below.
Snapdeal has given bad financial performance. The company has made a loss of ₹125 crores in the financial year 2021 (31 March 2021). Snapdeal IPO Size is ₹- crores. In this IPO, approx 30,769,600 equity shares will be sold under OFS (Offer for sale) and approx ₹1250 Crores worth of equity shares will be sold under fresh issue. The IPO of Snapdeal will be listed on NSE and BSE. Snapdeal's IPO face value is ₹- per equity share.
We will talk about Snapdeal's financial, benefits, and risks of investing in the company.
Read About
What is Snapdeal IPO GMP Today?
Snapdeal IPO GMP is ₹-.
What is the Snapdeal IPO Date?
Snapdeal's IPO Opening date is February 2022.
What is Snapdeal IPO Expected Return?
Snapdeal IPO Expected Returns is approx -%.
About Snapdeal Limited
Today we are going to talk about Snapdeal, Snapdeal is India's leading Pure-Play Value Ecommerce Platform. Snapdeal was founded in 2010 by Kunal Bahl and Rohit Bansal. In India, Snapdeal is one of the top four online lifestyle shopping destinations.
Snapdeal aims to bring together a wide assortment of good quality and value-priced merchandise on its platform. Snapdeal, a personalized, multilingual interface, and platform built with state-of-the-art technology, simplifies the shopping experience.
Snapdeal covers almost more than 96% pin codes of the country. Which leads to order delivery in more than 2500 towns and cities. Promoters of Snapdeal include many big names like eBay, Temasek, SoftBank, Intel Capital, PremjiInvest, RNT Associates Private Limited, etc.
Important Links:
- Snapdeal Website
- Snapdeal DRHP
- Snapdeal RHP
Purpose of the offer
- The company in its offer is offering fresh equity shares worth Rs 1250 crore and an offer for sale (OFS) of 30,769,600 equity shares by the promoters.
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Snapdeal GMP Today (Grey Market Premium)
[Note: Snapdeal Ltd IPO GMP has not started yet]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
👉🏻 Check Other IPO GMP (Grey MarketPremium).
Snapdeal IPO Date and Price Band Details
Snapdeal IPO open date: February 2022, Closing date: February 2022, and Listing date: February 2022. The price band of Snapdeal IPO is ₹- to ₹-per share. Snapdeal's IPO issue size is Rs - crores. Snapdeal Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.
| IPO Open: | February 2022 |
| IPO Close: | February 2022 |
| Listing Date: | February 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹- Crores |
| Fresh Issue: | Approx ₹1250 Crores |
| Offer For Sale: | Approx ₹- Crores |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Snapdeal IPO Market Lot & Size
Snapdeal IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | - Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
Snapdeal IPO Allotment & Listing Date
| Ipo Opening Date: | February 2022 |
| IPO Closing Date: | February 2022 |
| Basis of Allotment: | February 2022 |
| Refund Date: | February 2022 |
| Credit to Demat Account: | February 2022 |
| Listing Date: | February 2022 |
Snapdeal IPO Review
HappiestPost View: To be updated.
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- Motilal Oswal: To be updated
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Snapdeal Ipo Review
[Not rated yet (To be updated)]
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Snapdeal is India's leading online pure-play value e-commerce platform.
- In India, Snapdeal is one of the top four online lifestyle shopping destinations.
- Snapdeal covers almost more than 96% pin codes of the country.
- Promoters of Snapdeal include many big names like eBay, Temasek, SoftBank, Intel Capital, Premjiinvest, RNT Associates Pvt Ltd, etc.
- The company has experienced promoters and many veteran investors.
Risks
- The company is running at a loss for the last several fiscal years and is likely to remain at loss in the future also.
- The company has been facing tough competition from many big companies like Flipkart, Amazon. The company is continuously losing its market share.
- Snapdeal's efforts to attract new users and retain existing users have been completely unsuccessful.
- The company has failed to differentiate itself from other e-commerce platforms.
- The impact of the COVID-19 pandemic on Snapdeal is still unknown.
- The company had a loss of ₹125.44 crores in the financial year 2021.
Snapdeal Financials
Snapdeal Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 31 march 19 | ₹1,359.69 | ₹925.32 | -₹188.03 |
| 31 march 20 | ₹925.30 | ₹916.66 | -₹273.54 |
| 31 march 21 | ₹795.35 | ₹510.27 | -₹125.44 |
Promoters
The promoters of the company are:
- eBay
- Temasek
- SoftBank
- BlackRock
- Intel Capital
- PremjiInvest
- RNT Associates Private Limited
Contact Details of Snapdeal
Snapdeal Ltd.
SproutBox Suryavillas, Suite # 181 TR -4,
First Floor D-181, Okhla Industrial Area,
Phase I, New Delhi (110020)
Tel:+91 11403 66529
E-mail: complianceofficer@snapdeal.com
Website: www.snapdeal.com
Snapdeal Lead Managers
- Axis Capital Limited
- JM Financial Limited
- CLSA India Private Limited
- BofA Securities India Limited
Snapdeal IPO Registrars
Link Intime India Private Limited
C 101, 247 Park L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22491 86200
E-mail: snapdeal.ipo@linkintime.co.in
Website: www.linkintime.co.in
Conclusion
Looking at the financial position of Snapdeal Limited, the financial track record of the company has been poor. The company has been running at a loss continuously for many years. Also, there is a lot of competition from online e-commerce platforms like Flipkart and Amazon. A big question is whether the company will be able to make profits in the coming years or not. Our suggestion will be updated when Snapdeal's IPO price band and other IPO details are announced. Snapdeal Limited's financial statements and other information is given above.
Snapdeal IPO FAQs
What is Snapdeal IPO GMP Today?
Snapdeal IPO GMP is ₹- as of today.
What is Snapdeal's IPO Opening Date?
Snapdeal IPO Opening date is February 2022.
What is the Snapdeal IPO Closing Date?
Snapdeal IPO Closing date is February 2022.
What is the Snapdeal IPO Allotment date?
Snapdeal IPO Allotment Date is February 2022.
What is Snapdeal IPO Listing Date?
Snapdeal IPO Date is February 2022.
What is Snapdeal IPO Kostak Rate?
Snapdeal IPO Kostak rate is ₹-.
What is Snapdeal IPO Expected Returns?
Snapdeal IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Snapdeal IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Snapdeal Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
We hope you like this article about Snapdeal IPO. If you have a query about Snapdeal IPO Please post a comment.
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