Unicommerce eSolutions IPO will open for subscription from 06 August 2024. The company aims for an issue size of ₹276.57 Cr through this IPO.
Company Overview
| Full name | Unicommerce eSolutions Limited |
| Sector | Information Technology |
| Industry | IT – Software |
| Company Website | https://unicommerce.com/ |
About Company
Established in 2012, Unicommerce eSolutions stands as India’s leading e-commerce enablement platform. Specializing in Software as a Service (SaaS) for transaction processing, the company offers a comprehensive suite of solutions. These solutions ensure seamless end-to-end management of e-commerce operations for brands, retailers, and logistics providers.
Unicommerce empowers both enterprise and SMB clients to efficiently manage their entire post-purchase e-commerce operations. They offer a comprehensive suite of SaaS products, including:
- Warehouse and Inventory Management System (WMS)
- Multi-Channel Order Management System (OMS)
- Omni-Channel Retail Management System (Omni-RMS)
- Seller Management Panel for marketplaces, housed in the Uniware platform
- UniShip, for logistics tracking and courier allocation
- UniReco, for payment reconciliation
The company boasts an extensive suite of technology and partner integrations. As of 31 March 2024, this includes 131 integrations with marketplaces and web stores, 101 logistics partner integrations, and 11 integrations with ERPs, POS, and other systems. Unicommerce eSolutions serves a diverse clientele, including D2C brands, brand aggregator firms, traditionally offline brands, e-commerce retailers, marketplaces, third-party logistics and fulfillment providers, and SMBs.
The Objectives of the Issue
- The company will not receive any proceeds from the Offer, and all the Offer Proceeds will be received by the Selling Shareholders in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
Unicommerce eSolutions IPO Timetable
| IPO Opening date | 06 August 2024 |
| IPO Closing | 08 August 2024 |
| Basis of Allotment | 09 August 2024 |
| Initiation Refund | 12 August 2024 |
| Credit to Demat Account | 12 August 2024 |
| Listing Date | 13 August 2024 |
Unicommerce eSolutions IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹276.57 Cr – 25,608,512 shares |
| Fresh Issue | ₹276.57 Cr – 25,608,512 shares |
| Offer for sale | – |
| Face value | ₹01 per share |
| Price Band | ₹102 to ₹108 per share |
| Lot size | 138 Shares |
| Shareholding pre-issue | 102,434,048 |
| Shareholding post-issue | 102,434,048 |
| Listing Exchange | BSE & NSE |
Unicommerce eSolutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1794 | ₹193,752 |
| S-HNI (Min) | 14 | 1,932 | ₹208,656 |
| S-HNI (Max) | 67 | 9,246 | ₹998,568 |
| B-HNI (Min) | 68 | 9,384 | ₹1,013,472 |
Unicommerce eSolutions Offer Documents
- Unicommerce eSolutions IPO DRHP
- Unicommerce eSolutions IPO addendum to DRHP
- Unicommerce eSolutions IPO RHP
Unicommerce eSolutions IPO Reservation Details
Unicommerce eSolutions IPO offers 25,608,512 shares. 7,682,554 (30.00%) to QIB, 3,841,276 (15.00%) to NII, 2,560,851 (10.00%) to RII and 11,523,831 (45.00%) to Anchor investors. 18,556 RIIs will receive minimum 138 shares and 662 (sNII) and 1,325 (bNII) will receive minimum 1,932 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 11,523,831 (45.00%) | NA |
| QIB Shares Offered | 7,682,554 (30.00%) | NA |
| NII (HNI) Shares Offered | 3,841,276 (15.00%) | |
| bNII > ₹10L | 2,560,851 (10.00%) | 1,325 |
| sNII < ₹10L | 1,280,425 (5.00%) | 662 |
| Retail Shares Offered | 2,560,851 (10.00%) | 18,556 |
| Total Shares Offered | 25,608,512 (100%) |
Unicommerce eSolutions Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 59.03 | 90.06 | 103.58 |
| Expenses | 54.45 | 84.11 | 91.96 |
| Net income | 6.01 | 6.48 | 13.08 |
| Margin (%) | 10.18 | 7.20 | 12.63 |
Unicommerce eSolutions Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.55 | 0.58 | 1.16 |
| PE Ratio | – | – | 87.93 – 93.10 |
| RONW (%) | 14.53 | 12.48 | 18.98 |
| NAV | 4.10 | 5.14 | 6.83 |
| ROCE (%) | 11.09 | 11.46 | 25.93 |
| EBITDA (%) | 8.54 | 7.25 | 13.92 |
Company Promoters
- AceVector Limited (formerly known as Snapdeal Limited)
- Starfish I Pte. Ltd
- Kunal Bahl
- Rohit Kumar Bansal
Promoter Holding
| Pre Issue Share Holding | 53.38% |
| Post Issue Share Holding |
Unicommerce eSolutions Offer GMP Update
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 12 August 2024 | 60 | – | 5,400 |
| 10 August 2024 | 55 | – | 5,000 |
| 9 August 2024 | 47 | – | 4,200 |
| 8 August 2024 | 35 | – | 3,600 |
| 7 August 2024 | 25 | – | 2,500 |
| 6 August 2024 | 28 | – | 2,800 |
| 5 August 2024 | 27 | – | 2,800 |
| 3 August 2024 | 27 | – | 2,800 |
| 2 August 2024 | 25 | – | 2,700 |
Unicommerce eSolutions IPO Subscription Update
| Category | QIB | NII | Retail | Total |
| Shares Offered | 76,82,554 | 38,41,276 | 25,60,851 | 1,40,84,681 |
| 8 Aug 2024 | 138.75 | 252.43 | 130.82 | 168.31 |
| 7 Aug 2024 | 0.80 | 19.51 | 35.57 | 12.23 |
| 6 Aug 2024 | 0.00 | 2.26 | 9.98 | 2.43 |
Unicommerce eSolutions IPO Allotment Status
Unicommerce eSolutions IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Listing Details
| Listing Date | 13 August 2024 |
| BSE Scrip Code | 544227 |
| NSE Symbol | UNIECOM |
| ISIN | INE00U401027 |
| Final Issue Price | ₹108 per share |
Listing Day Update
| Listing Exchange | BSE | NSE |
| Final Issue Price | ₹108.00 | ₹108.00 |
| Open | ₹230.00 | ₹235.00 |
| Low | ₹206.00 | ₹206.00 |
| High | ₹256.15 | ₹255.99 |
| Last Trade | ₹210.05 | ₹210.08 |
Unicommerce eSolutions IPO Lead Manager(s)
IIFL SECURITIES LIMITED
24th Floor, One Lodha Place, Senapati Bapat Marg,
Lower Parel (West) Mumbai 400 013 Maharashtra
Phone: +91 22 4646 4728
Email: unicommerce.ipo@iiflcap.com
Website: www.iiflcap.com
Unicommerce eSolutions Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: unicommerce.ipo@linkintime.co.in
Website: www.linkintime.co.in
Unicommerce eSolutions Contact Details
UNICOMMERCE ESOLUTIONS LIMITED
Landmark House, Plot Number 65, 6th and
7th Floor, Sector 44, Gurgaon, 122 003, Haryana
Phone: +91 9311749240
Email: complianceofficer@unicommerce.com
Website: www.unicommerce.com
Unicommerce eSolutions IPO FAQs
How many shares in Unicommerce eSolutions IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for the Unicommerce eSolutions Public Offer?
The best way to apply for Unicommerce eSolutions public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Unicommerce eSolutions IPO GMP today?
Unicommerce eSolutions IPO GMP today is ₹ 60 per share.
What is Unicommerce eSolutions kostak rate today?
Unicommerce eSolutions kostak rate today is ₹ NA per application.
What is Unicommerce eSolutions Subject to Sauda rate today?
Unicommerce eSolutions Subject to Sauda rate today is ₹ 5,400 per application.
Final thoughts
Unicommerce eSolutions IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
