Unicommerce eSolutions IPO Date, Review, Price, Allotment Details

Financial Source

The Unicommerce eSolutions IPO is slated to open on August 6, 2024, and will close on August 8, 2024. Through this IPO, the company aims to raise approximately ₹276.57 crores. The offering consists of a fresh issue valued at ₹[.] crores and an offer for sale of up to 25,608,512 equity shares, each with a face value of ₹1. The IPO allocation is divided as follows: 10% for retail investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs).

Unicommerce eSolutions is a premier Software-as-a-Service (SaaS) platform that specializes in e-commerce enablement within the critical transaction processing layer, often referred to as the “nerve center.” The company delivers end-to-end e-commerce management solutions for brands, sellers, and logistics providers. Their robust SaaS offerings streamline post-purchase operations, benefiting both enterprise and SMB clients. The key products include:

Warehouse and Inventory Management System (WMS)

Multi-Channel Order Management System (OMS)

Omni-Channel Retail Management System (Omni-RMS)

Seller Management Panel (Uniware)

Logistics Tracking and Courier Allocation Services (UniShip)

Payment Reconciliation (UniReco)

Beyond these core offerings, Unicommerce provides various sub-modules to support daily operations, ensuring that client orders are processed accurately and efficiently within required timelines. Positioned as a critical component in e-commerce fulfillment, these products help clients seamlessly integrate into the supply chain and enhance their operational efficiency.

As India’s largest e-commerce enablement SaaS platform within the transaction processing layer, Unicommerce has led the industry in revenue for the fiscal years ending March 31, 2023, 2022, and 2021, according to the Redseer Report. Remarkably, Unicommerce was the only profitable company among the top five players in this sector in India during Fiscal 2023. Over the years, the company has refined its modular suite of products to cater to a wide range of industries, focusing on key areas such as inventory management, order processing across channels, order fulfillment, procurement, vendor management, and returns management.

Objectives of the Unicommerce eSolutions IPO:

The proceeds from this IPO will go entirely to the Selling Shareholders. Unicommerce eSolutions will not receive any funds from the Offer, as all proceeds will be distributed among the Selling Shareholders based on the number of shares they sell.

Read Also: FirstCry IPO Date, Review, Price, Allotment Details

Unicommerce eSolutions IPO Review: Should You Apply?

Review details to be updated soon.

Unicommerce eSolutions IPO Date & Price Band Information:

IPO Open:August 6, 2024
IPO Close:August 8, 2024
IPO Size:Approx ₹276.57 Crores, 25,608,512 Equity Shares
Offer for Sale:Approx ₹276.57 Crores, 25,608,512 Equity Shares
Face Value:₹1 Per Equity Share
IPO Price Band:₹102 to ₹108 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%

Unicommerce eSolutions IPO Lot Size:

The minimum lot size for the Unicommerce eSolutions IPO is 138 shares, requiring an investment of ₹14,904. Retail investors can apply for a maximum of 13 lots, which equals 1,794 shares, amounting to ₹193,752.

ApplicationLot SizeSharesAmount
Retail Minimum1138₹ 14,904
Retail Maximum131794₹ 1,93,752
S-HNI Minimum141,932₹ 2,08,656
B-HNI Minimum689,384₹ 10,13,472

Unicommerce eSolutions IPO Timeline:

The Unicommerce eSolutions IPO will open on August 6, 2024, and close on August 8, 2024. Share allotment is set for August 9, 2024, with the listing anticipated on August 13, 2024.

IPO Open Date:August 6, 2024
IPO Close Date:August 8, 2024
Basis of Allotment:August 9, 2024
Refunds:August 12, 2024
Credit to Demat Account:August 12, 2024
IPO Listing Date:August 13, 2024

Unicommerce eSolutions IPO GMP Today:

The Grey Market Premium (GMP) for the Unicommerce eSolutions IPO stands at ₹30. With a price band set at ₹108.00, the projected listing price is ₹138, combining the cap price with today’s GMP. This suggests an anticipated gain of approximately 27.78% per share.

Unicommerce eSolutions Financial Report:

YearRevenueExpensePAT
2022₹ 61.36₹ 54.45₹ 6.01
2023₹ 92.97₹ 84.11₹ 6.48
2024₹ 109.43₹ 91.96₹ 13.08

Peer Group

Not Applicable

Company Promoters

AceVector Limited (formerly Snapdeal Limited)

Starfish I Pte. Ltd

Kunal Bahl

Rohit Kumar Bansal

Unicommerce eSolutions IPO Registrar

Registrar: Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: signatureglobal.ipo@linkintime.co.in

Website: https://linkintime.co.in/

Check Unicommerce eSolutions IPO Allotment Status

You can check the Unicommerce eSolutions IPO allotment status on the Link Intime website by visiting the allotment URL. Click Here

Unicommerce eSolutions IPO Lead Managers (Merchant Bankers)

IIFL Securities Ltd

CLSA India Private Limited

Company Address

Unicommerce eSolutions Limited

Mezzanine Floor, A-83,

Okhla Industrial Area, Phase-II,

New Delhi 110 020

Phone: +91 9311749240

Email: complianceofficer@unicommerce.com

Website: http://www.unicommerce.com/

Unicommerce eSolutions IPO FAQs

What are the dates for the Unicommerce eSolutions IPO?

The IPO will open on August 6, 2024, and close on August 8, 2024.

When will the IPO allotment be finalized?

The share allotment will be finalized on August 9, 2024.

When will the Unicommerce eSolutions IPO be listed?

The IPO is expected to be listed on August 13, 2024.

What is the minimum application lot size for the Unicommerce eSolutions IPO?

The minimum lot size is 138 shares, with an investment amount of ₹14,904.

How many lots can retail investors apply for?

Retail investors can apply for up to 13 lots, totaling 1,794 shares, with an investment of ₹193,752.

What is the price band for the Unicommerce eSolutions IPO?

The price band is ₹108.00 per share.

What is the current Grey Market Premium (GMP) for the IPO?

As of August 2, 2024, at 05:30 PM, the GMP stands at ₹30.

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Author has a seasoned finance and investing writer with a passion for demystifying complex financial concepts. With a keen interest in the stock market, Author has spent years analyzing market trends, dissecting company financials, and providing insightful commentary on investment opportunities. Their articles aim to educate and empower readers to make informed decisions about their finances
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