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 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.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.