Snapdeal Ltd. is an online eCommerce platform focusing on the value lifestyle segment. Providing a wide range of merchandise across lifestyle categories such as fashion, home, and general merchandise, beauty, and personal care amongst others.

The company primarily focuses on serving value buyers who belong to the mid-income segment and are predominantly located in Tier 2+ cities, which contributed to over 72% of sales as of September 30, 2021.

Founded in 2007, Snapdeal started out as a coupon booklet business, then transformed into an online deals platform in 2010 and an online eCommerce marketplace in 2012.

In addition to online marketplace operations, Snapdeal, through its subsidiary Unicommerce eSolutions also provides eCommerce software-as-a-service (SaaS) solutions that enable the operation of eCommerce for traditional brands, D2C brands, retailers, online marketplaces, and sellers.

The public offer of Snapdeal comprises a fresh issue of equity shares aggregating up to Rs. 1,250 crores and an offer for sale of 3.07 crore equity shares from existing shareholders, SoftBank, Foxconn, Sequoia Capital amongst others.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	925.32	-188.03	-7.23
March 2020	916.66	-273.54	-6.94
March 2021	510.27	-125.44	-3.18
As of September 30, 2021	252.84	-177.08	-4.49

How do I apply to the Snapdeal Limited IPO?

You can apply for the Snapdeal Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Snapdeal Limited IPO?

You can check the allotment status for the Snapdeal Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.