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Stellar debut! Unicommerce shares list with 118% premium over issue price
Unicommerce shares debuted strongly on both the NSE and BSE stock exchanges, listing at over 100% premium to their issue price. The company's IPO, entirely an offer for sale of 2.56 crore shares, was heavily subscribed. Despite competitive pressures and high valuation, analysts see the company's strong market position and growing client base as positive indicators.