Ecom Express IPO GMP, Open Date, Price Band, Allotment Status

Ecom Express IPO open date is expected by the last week of December or by the first week of January 2025. This new IPO is a book-built issue of Rs 4,000 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 1,284 crore and OFS is of Rs 1,315 crore.

Ecom Express IPO price band expected to be around Rs 250. As of now, Ecom Express IPO GMP quotation has not yet started.

Ecom Express IPO allotment date expected in the first week of January 2025. The lot size details are yet to be announced. The minimum investment for the retail investors for 1 lot is Rs 14,830. The registrar for Ecom Express IPO is Link Intime India Limited. The listing date is also expected in the first week of January 2025.

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Ecom Express IPO GMP

Ecom Express IPO GMP quotation is not yet started. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Ecom Express IPO GMP might rise in the coming days.

Ecom Express IPO Price Band

Ecom Express IPO price band expected is around Rs 250 per share. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,830 and for small NII minimum investment is to be around Rs 2,09,272. The minimum investment for the Big NII is to be around Rs 10,01,516.

Ecom Express IPO Open Date, Close Date

Ecom Express IPO open date is expected by the last week of December or by the first week of January 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.

Ecom Express IPO Allotment Status

Ecom Express IPO allotment status is expected to be finalized in the first week of January 2025. The listing will be on the BSE and NSE platforms in the first week of January 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Ecom Express IPO Listing Date

Ecom Express IPO's listing date is expected in the first week of January 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Ecom Express IPO: Listing Date, Lot Size, Price Band

Ecom Express IPO  Limited: About the Company

Ecom express limited was founded in 2012, is a leading logistics and supply chain solutions provider in India. It specializes in end to end e-commerce delivery services. Ecom express offers a wide range of services, including last mile delivery, reverse logistics fulfilments and cross border solutions.

The company is renowned for its strong network covering 27,000 PIN codes across urban, semi-urban and rural areas. The company employs advanced technology and data driven strategies to deliver efficient delivery. Ecom focuses on innovation, scalability and customer satisfaction. 

Ecom Express IPO Objectives

The funds raised from the Ecom Express IPO will be used for expansion of the business and meeting the offer related expenses.  Also to meet the offer related expenses and for fulfilling the general corporate purposes.

Ecom Express IPO: Key Dates, Allotment, Listing Date

Ecom Express IPO Subscription Details, IPO Reservation

Ecom Express IPO subscription details will be available after the IPO opens in the last week of 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

Ecom Express IPO Lot Size Details

Ecom Express IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,830 and the maximum is 13 lots, amounting to be around Rs 1,94,324. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,272.

Ecom Express IPO Promoter Holdings

Ecom Express IPO promoters are K Satyanarayana, Manju Dhawan, Sanjeev Saxena and TA Krishnan. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

Ecom Express IPO Registrar

Ecom Express IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Ecom Express IPO Lead Managers

Ecom Express IPO lead managers are Axis Capital Limited, IIFL Securities Limited, Kotak Mahindra Capital, UBS Securities India.

How to apply to Ecom Express IPO

Interested investors can apply to the Ecom Express IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Ecom Express IPO Review

Ecom Express IPO may get a positive response from the general public. The company is involved in the logistics business. So, investors interested in the logistics sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Ecom Express IPO GMP will also rise.

Ecom Express IPO FAQ

1. What are the details of the Ecom Express IPO?

Ecom Express IPO is a book-built issue of Rs 2600 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 1,285 crore and OFS is of Rs 1,315 crore.

2. When will the Ecom Express IPO open and close?

Ecom Express IPO open date is expected by the last week of December or by the first week of January 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.

3. What is Ecom Express IPO GMP?

Ecom Express IPO GMP quotation is not yet started. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Ecom Express IPO GMP might rise in the coming days.

4. What are the details of Ecom Express IPO reservation?

Ecom Express IPO subscription details will be available after the IPO opens in the last week of 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Ecom Express IPO allotment status is expected to be finalized in the first week of January 2025. The listing will be on the BSE and NSE platforms in the first week of January 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Ecom Express IPO?

Ecom Express IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are Axis Capital Limited, IIFL Securities Limited, Kotak Mahindra Capital, UBS Securities India.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?