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Snapdeal Ltd IPO
27 Jul 2023

Opening Date

To Be Announced 

Closing Date

To Be Announced 

Face Value

Rs. 1 per equity share

IPO Price Band 

To Be Announced 

Minimum Order Quantity

To Be Announced 

Issue Size 

Rs. 1250 crores (Fresh issue)


3,07,69,600 (Offer for Sale) 


Snapdeal Limited, one of India’s largest e-commerce websites, have come up with an IPO of its own. The company has even filed the Draft Red Herring Prospectus (DRHP) with the SEBI in this regard in December, 2021. Continue reading to get to know more about the upcoming IPO 2023 from Snapdeal. 

About Snapdeal Limited  

Founded in the year 2007, Snapdeal Limited started off its business as an online coupon vendor. However, in the year 2010, the company diversified its operations and entered the e-commerce segment. Now, the company has grown tremendously and is a full-fledged online marketplace with a focus on solving the shopping needs of Indians. 

Snapdeal hosts multiple vendors and products across a wide range of lifestyle categories such as home appliances, fashion, beauty products, personal care products, electronics, and more. The e-commerce marketplace’s customer base as of FY19 was 50.37 million. The total amount of business revenue made by the company as of Q2 FY 2022 stood at Rs. 3,740.68 million. 

  • Snapdeal IPO details    

Let’s now move on to the key part of the article. Here’s a quick look at some of the most important pieces of information about this latest IPO

  • Snapdeal IPO date

The details regarding the opening and closing date of the upcoming IPO of Snapdeal Limited hasn’t been disclosed yet. We may get more clarity on this once the company files its final Red Herring Prospectus with the SEBI. 

  • Snapdeal IPO issue size

The Snapdeal IPO issue size consists of a fresh issue of shares and an Offer for Sale (OFS) from the company’s promoters. The size of the fresh issue is slated to be around Rs. 1250 crores. And the total number of shares about to be sold through the OFS component of the public issue comes up to 3,07,69,600 equity shares. 

  • Snapdeal IPO share price

The price band of the upcoming IPO of Snapdeal Limited has also not been notified by the company as of yet. Information regarding the IPO price is likely to be announced only after the final RHP is filed with SEBI. 

  • Snapdeal IPO listing 

The company is planning on listing its shares on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) for better visibility and trading volume. 

  • Snapdeal IPO objectives 

The proceeds received from the sale of the fresh issue of shares would be primarily used by the company towards funding organic growth initiatives. And the remaining funds, if any, would be used for general corporate purposes.  


Investing in an IPO can help you take part in the wealth creation process early on. However, to do that, you would first have to open a demat account. Reach out to Motilal Oswal to open one today. In addition to a demat account, you can also open an online trading account for free. 


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