IPO Details
Bidding Dates
01 Jan 70 - 01 Jan 70
Lot Size
Nil
Price Range ₹
Nil
Exchange Status
N/A
Total Equity
₹ 0.00 Cr
IPO Doc
IPO Timeline
Offer start
--
Offer end
--
Allotment
--
Refund initiation
--
Demat transfer
--
Listing
--
Offer start
--
Offer end
--
Allotment
--
Refund initiation
--
Demat transfer
--
Listing
--
About Company
Jasper Infotech, the holding company of Snapdeal, was established in 2007 initially as a coupon booklet business. By 2010, it transitioned into an online deals platform and further transformed into an online marketplace in 2012. The platform offers an extensive range of merchandise spanning various lifestyle categories. Although it serves users nationwide, Snapdeal primarily aims to attract value-conscious buyers from the mid-income segment residing predominantly in Tier 2+ cities of India. The company's evolution reflects its adaptability and response to changing market dynamics. With a diverse product selection and a focus on value-oriented consumers, Snapdeal positions itself as a preferred online shopping destination. Its customer base comprises individuals seeking quality products at affordable prices, particularly from non-metro regions. Through its marketplace model, Snapdeal empowers sellers and buyers to connect and engage in transactions, promoting e-commerce accessibility and convenience.
Year Founded
12-09-2007
Promotor Details
Kunal Bahl
Project Details
- None - Nonecr
Objectives
- Our Company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:Funding organic growth initiatives
- andGeneral corporate purposes
Highlights
- We offer an extensive range of affordable, value-based merchandise sourced from quality-focused sellers.
- Through artificial intelligence and machine learning, our platform enables value shoppers to embark on a personalized and discovery-driven buying journey, finding relevant and captivating products.
- Utilizing asset-light logistics and the UniMove Logistics Platform improves control, user experience, and reduces pre-delivery returns, resulting in positive unit economics.
- We provide multi-lingual, easily accessible, and personalized user support for new and early internet shoppers.
- Custom-developed, self-contained technology stack tailored for value eCommerce, minimizing external dependencies and reducing operating costs.
Challenges
- Its success relies on the expansion of India's online commerce sector and its agile adaptation to evolving user preferences on digital platforms.
- The company has experienced previous losses and is susceptible to potential future financial deficits.
- Any damage to the brand, reputation, or failure to uphold, safeguard, and improve its brand integrity.
- Inability to retain current users or sustain order volumes could jeopardize revenue and profit margins in the long run.
- Inadequate recognition and timely adaptation to evolving user preferences and spending trends may result in failure to respond effectively.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2017 | 2,306.00 | 0.03 | -188.50 | -186.60 | -4.8594 |
| 2020 | 9,253.05 | 2.46 | -1,324.80 | -1,328.00 | -276.6667 |
| 2018 | 1,335.10 | 0.02 | -3,293.40 | -3,315.50 | -690.7292 |
| 2019 | 1,346.90 | 0.24 | -188.50 | -186.60 | -4.8594 |
| 2021 | 7,951.39 | 2.46 | -1,269.82 | -1,254.40 | -3.187 |
