Snapdeal IPO Details

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.

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Snapdeal IPO Strengths

    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

Snapdeal IPO Weaknesses

    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

Snapdeal Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Hundred Cr.

+9.25

+9.17

+5.10

10

8

6

4

2

0

2019
2020
2021

Snapdeal IPO Dates

Open Date13 June , 2023
Close DateTo be announced
Allotment DateTo be announced
Initiation of RefundsTo be announced
Credit of SharesTo be announced
Listing DateTo be announced

Snapdeal IPO Lot Size

Minimum Lot SizeTo be announced
Maximum Lot SizeTo be announced

Seize the Opportunity! Apply for Snapdeal IPO

Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory

Snapdeal IPO Subscription Breakup

QIBsTo be announced
Non-Institutional InvestorsTo be announced
Retail InvestorsTo be announced

How to Apply for Snapdeal IPO?

Step 1

First, you need to visit the IPO section in our Choice FinX app.

Step 2

Then, click on the 'More' option to view the Invest in IPO section.

Step 3

Open the Snapdeal IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on apply button.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

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.

Snapdeal IPO FAQs

The opening date of the Snapdeal IPO is not announced. However, you can consider this option as the company offers a wide range of merchandise and has some unique strengths. At the same time, ensure that you understand the risks associated with Snapdeal IPO.

Since the opening date of the Snapdeal IPO is still unannounced, there is no clear indication of the subscription timeline. So, as private investors, you need to be alert to the official announcements.

You can use a specific registrar website to check the Snapdeal IPO allotment status. On the contrary, the websites of the National and Bombay Stock Exchanges can also allow you to know about the allotment activity.

Usually, the refund of an IPO depends on the brand’s decision. However, such details are available after the official announcement of the listing, subscription, and other details.

The Snapdeal IPO shares will get credited to your DEMAT account after the allocation dates. So, ensure that you are up-to-date with the allotment days to know about the credit aspect.

You can cancel your IPO application before the closure of the subscription issue. For this purpose, it is vital to send a note or application to the registrar.

In most cases, you can apply for an IPO between 10:00 a.m. to 05:00 p.m. These are the general business hours and can differ depending on your registrar. So, ensure that you choose an authentic broker for investing in an IPO.