Snapdeal IPO Details, plans to raise Rs 1250 crore, know full details

The company has applied for an IPO with the market regulator SEBI. According to the DRHP, the IPO comprises a fresh issue of Rs 1,250 crore and an offer for the sale of 3.07 crore equity shares.

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Applied to SEBI


Share Offered

QIB Shares Offered 75 per cent

Retail Investor 10 per cent

NII Shares Offered 15 per cent

Seeker Times

Snapdeal was established in the year 2010. At one time this company was giving competition to the biggest e-commerce platform Amazon and Flipkart


Seeker Times

In the fiscal year ended March 2021, Snapdeal’s revenue from operations fell 44 per cent to Rs 4.7 billion.