By the end of bidding, the IPO was subscribed 4.27 times, with applications totaling 198.79 Crore shares against the 46,51,59,451 shares offered.
The company's sales for the quarter climbed by 12% (year on year) to ₹20,284 Lacs, while EBITDA jumped by 110% to ₹4,102 Lacs.
Income from the buyback of equity shares will now be taxed in the hands of shareholders, a change from the previous practice where the company was taxed.
The board of directors authorised Shveta Arya's appointment as an additional director and managing director designate of the company.
The market saw a positive breadth with 2,696 shares advancing, 698 shares declining, and 72 shares remaining unchanged.
Unicommerce eSolutions IPO is a mainboard IPO, and bidding for the public issue will be open until August 8.
The IPO allotment is expected to be finalised on August 9, with an IPO listing date of August 13.
In a move to reward its shareholders, Godrej Consumer Products has declared an interim dividend of ₹5 per share of Re 1 face value
The IPO will open for public subscription on August 12 and close on August 14. Bidding for anchor investors will open for one day on August 9.
The company recorded an 11% year-on-year decrease in iron ore production in July, with output decreasing to 2.17 million tonnes.

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