UiPath IPO Details: On April 12, 2021, there was an IPO has been appearing in news. Reports said Robotic process automation startup UiPath Inc PATH.N is planning to raise the funding of nearly $26 billion in its U.S-based UiPath IPO (Initial Public Offer). The official document has been filed on Monday. Here is the various important information about this IPO which will include UiPath IPO date, Price, Issue Size, Company Financials and many other details also.
If we talk about the foundation, so UiPath has founded in 2005 in Romania by former Microsoft executive Daniel Dines and Marius Tirca, the company reported a surge in revenue during the health crises a filing last month revealed. Currently, as per reports company has $60.76 crore Revenue and operation in 25 countries. Read about Semrush IPO
Uipath’s annual revenues are $100-$500 million and have 500-1,000 employees. It is classified as operating in the Legal Services industry. Here is the UiPath Financial report.
|Revenue||$100 – $500 million See Exact Annual Revenue|
|Employees||500 – 1,000Exact Company Size|
|Primary Industry||5411 Legal Services|
|Additional NAICS Codes||51121
|Address||90 Park Ave Fl 20
New York, NY 10016
UiPath IPO Price
The New York-based company planning to offer 21.3 million shares of its company. The share will be $43 and $50 per share, raising about $1.06 billion. On the basis of details, UiPath valued $35 billion during a funding round that took place earlier this year. It was awesome to see the huge funding and craze among investors for this firm. The UiPath IPO Price is not yet defined and we will update it later this week.
UiPath is officially known for its artificial intelligence and low code tools that are useful for large corporations and government agencies to complete their routine tasks such as accounting and human resources with extremely impressive efficiency.
|UiPath IPO Details|
|LAUNCH DATE||April 2021 (Expected)|
|LAST DATE||To Be Announced|
|IPO SIZE||$1.6 Billion (Predicted)|
|MINIMUM LOT||To Be Announced|
|1 LOT PRICE||To Be Announced|
|SHARE PRICE||$43 - $50 Per Share (Expected)|
|ALLOTMENT DATE||To Be Announced|
|LISTING||New York Stock Exchange (NYSE)|
UiPath IPO Listing
UiPath IPO will be listed on the New York stock exchange (NYSE) and will be available to buy & sell very soon.
UiPath IPO Date
As far as, UiPath IPO date is not yet confirmed officially and missing from our knowledge. But as per the expectation and tentative date IPO will be launched in April 2021 or in any forthcoming month. UiPath investors include Accel, Coatue, Dragoneer, IVP, and Sequoia. The information is completed here and if you want to know any other detail then you need to wait for few days because we will update the details here and you will get the remaining information absolutely.