Established in 2010, Snapdeal is one of the top e-commerce stores in India. The brand is home to over 200 million listings on the marketplace.
It is crucial to realise that Snapdeal has investors like Alibaba, Tata, eBay Inc., Intel Capital, and others. The Snapdeal IPO can prove as a worthy investment opportunity due to the nature of the company.
Notably, Snapdeal is one of the largest pure-play value brands in the e-commerce sector. So, investors can leverage such unique aspects of the online company. The wide array of products makes the Snapdeal IPO one of the attractive prospects for the future.
The Snapdeal IPO is one of the prominent offerings for private investors. This e-commerce company is a direct competitor to giants like Amazon and Flipkart. If you are intrigued by the prospect of buying such a public offering, it is vital to note the details.
1. The existence of a personalised buyer’s journey and a wide array of products on the e-commerce platform
2. Customer support is available in various languages, suiting Indian buyer requirements along with additional convenience
3. The brand supports PAN-India delivery and has a decent logistic network
4. They are up to date with market trends and possess an intuitive user interface, attracting customers
1. The brand faces stiff competition from renowned companies like Amazon and Flipkart
2. Promotional channels are limited to Android and Apple app stores
3. Dynamic customer preferences have a great influence on the decisions of the e-commerce brand
4. Growth of the e-commerce sector has a direct impact on the brand’s performance
+9.25 | -1.87 |
+9.17 | -2.74 |
+5.10 | -1.25 |
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Open Date | 13 June , 2023 |
Close Date | To be announced |
Allotment Date | To be announced |
Initiation of Refunds | To be announced |
Credit of Shares | To be announced |
Listing Date | To be announced |
Minimum Lot Size | To be announced |
Maximum Lot Size | To be announced |
QIBs | To be announced |
Non-Institutional Investors | To be announced |
Retail Investors | To be announced |
First, you need to visit the IPO section in our Choice FinX app.
Then, click on the 'More' option to view the Invest in IPO section.
Open the Snapdeal IPO by tapping on it.
You will see an option to subscribe that you need to click on apply button.
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Snapdeal IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.