Shoper S.A., the owner of Poland’s most popular e-commerce platform for running an online shop in the SaaS (Software as a Service) model, debuted on the main floor of the Warsaw Stock Exchange. The share price at the opening was 54.1 PLN, an increase of 15 percent compared with the maximum offering price of 47.00 PLN. After 15 minutes of trading, the share price was 17 percent above the reference price, at PLN 55.

– We are pleased with the successful completion of the IPO and joining the group of public companies. Market data shows that the technology industry, especially e-commerce and SaaS, has very good perspectives and we believe that an investment in Shoper shares will be an interesting proposition for investors. I would like to thank all shareholders for the trust they have placed in us and I assure you that we treat each of them as a fully-fledged partner, having their best interests in mind – comments Marcin Kuśmierz, CEO of Shoper.

The value of the entire Shoper offer amounted to approximately PLN 363 million. Individual investors made a total of about 2.7 thousand subscriptions for about 8.3 million shares, resulting in an average reduction rate of about 92.5 percent. By 2026, the company wants to increase the user base of its platform to 50 thousand online shops and 7 thousand users of the ErpBox application, thanks to which shops on the Shoper platform can, among other things, be integrated with commercial platforms that allow sales abroad. Shoper, which operates in the SaaS model, also plans to increase revenues related to the scale of users’ activity (pay-as-you-grow) from the current 50% to about 80% and further strengthen the multichannel sales model (omnichannel) within the Shoper platform by expanding the number of possible integrations.

– The IPO is a very important step in the development of our company and building recognition of the Shoper brand on the Polish market. We are already the leader in terms of the number of supported shops in the SaaS model, and our strategy is to implement further ambitious goals. They will allow us to keep strengthening our position as a leading first-choice platform and make it possible to enter completely new markets with our product offer – adds Marcin Kuśmierz.

The managers in the Shoper Offer were mBank S.A., the Brokerage House of PKO BP and WOOD & Company Financial Services, a.s. The legal advisor to the Company in connection with the Offering was the law firm MJH Moskwa, Jarmul, Haładyj i Partnerzy – Adwokaci i Radcowie Prawni sp.p. The legal advisor to the Managers in connection with the Offering was the law firm DLA Piper Gizinski Kycia sp.j. Grant Thornton acted as the Company’s auditor and InnerValue was responsible for communication of the Offering.