Unicommerce eSolutions is scheduled to hit the market on August 06, 2024 and close on August 08, 2024. Unicommerce eSolutions plans to raise around ₹276.57 Cr through an IPO with a sale of up to 25,608,512 equity shares of ₹1 each. The Retail offered 10%, QIB Shares Offered 75%, HNI Shares Offered 15%.
Unicommerce eSolutions Limited, founded in February 2012, is a SaaS platform designed to streamline e-commerce operations for brands, sellers, and logistics providers. The company offers a variety of software solutions that enhance post-purchase management, including warehouse and inventory management, multi-channel order management, omnichannel retail management, and a seller management panel for marketplaces. Additionally, it provides services for logistics tracking, courier allocation, and payment reconciliation. By March 31, 2024, Unicommerce had established 101 logistics partner integrations and 11 connections with ERPs and POS systems to facilitate seamless supply chain operations.
As of the same date, Unicommerce processed 791.63 million order items through its Order Management System (OMS) and maintained integrations with 131 marketplaces and web store platforms to automate order information flow. The company serves clients across various sectors such as fashion, electronics, FMCG, and health, with notable clients including Lenskart, PharmEasy, and Mamaearth. Since fiscal year 2023, Unicommerce has broadened its international presence, boasting 43 enterprise clients in seven countries, mainly in Southeast Asia and the Middle East. The workforce comprises 312 employees across diverse departments.
Unicommerce eSolutions IPO Details
Unicommerce eSolutions IPO opens on August 06, 2024, and closes on August 08, 2024. The Listing date for Unicommerce eSolutions IPO is on August 13, 2024. The price band for IPO is ₹102 to ₹108 per share and lot size of 138 Shares.
IPO Date | August 06, 2024 to August 08, 2024 |
Listing Date | August 13, 2024 |
Price | ₹102 to ₹108 per share |
Lot Size | 138 Shares |
Issue Size | ₹276.57 Cr |
Face Value | ₹1 per share |
Unicommerce eSolutions IPO Tentative Timetable
Unicommerce eSolutions opening date is August 06, 2024 and close date is August 08, 2024. The IPO allotment date is August 09, 2024. Therefund initiation of IPO is on August 12, 2024. The credit of shares in demat account is on August 12, 2024. The listing date is on August 13, 2024.
Event | Date |
---|---|
IPO Opening | August 06, 2024 |
IPO Closing | August 08, 2024 |
IPO Allotment Date | August 09, 2024 |
Refund Initiation | August 12, 2024 |
Shares Credit to Demat | August 12, 2024 |
Lisiting Date | August 13, 2024 |
Unicommerce eSolutions IPO Lot Size
Lot Size of this IPO is 138 shares. A retail-individual investor can apply for up to 13 lots (416 shares or ₹14,904).
Category | Lots | Shares | Amount |
---|---|---|---|
Retail(Minimum) | 1 | 138 | ₹14,904 |
Retail(Maximum) | 13 | 1794 | ₹193,752 |
S-HNI (Minimum) | 14 | 1932 | ₹208,656 |
B-HNI (Minimum) | 68 | 9384 | ₹1,013,472 |
Unicommerce eSolutions IPO Promoter Holding
Pre Issue Share Holding | 53.38% |
Post Issue Share Holding |
Unicommerce eSolutions IPO Review
Unicommerce eSolutions Ltd. (UEL) positions itself as the leading eCommerce enablement SaaS platform in India, boasting profitability and a global presence within a competitive sector. Unlike its peers, UEL has demonstrated consistent profit margins and adheres to the industry benchmark known as the “Rule of 40,” which highlights its efficient growth and profitability. However, despite these strengths, the IPO is priced aggressively based on the company's recent financial performance. Investors might witness an initial surge in interest due to UEL's status as a first mover in the space, but it’s essential to approach with caution considering the high valuation.
UEL has established itself as a key player in the eCommerce enablement sector, offering a comprehensive suite of services that streamline eCommerce operations for a diverse range of clients. Its platform integrates seamlessly with major technologies and marketplaces, catering to sectors like fashion, electronics, FMCG, and more. UEL's profitability and ability to onboard a broad spectrum of clients underscore its market leadership. The company’s suite of products is designed to enhance efficiency across various operational aspects, making it a critical partner for numerous businesses in the eCommerce landscape. Despite its solid market position and expanding global footprint, potential investors should weigh its high valuation against its current earnings.
UEL’s IPO is a secondary offer involving 25.6 million shares with a price band of Rs. 102 – Rs. 108 per share. This secondary offer will not yield proceeds for the company but will provide liquidity to existing shareholders. The pricing, reflecting a high P/E ratio based on FY24 earnings, suggests that the IPO might be priced at a premium compared to its actual financial performance. Although UEL’s robust growth and profitability position it as a strong contender in the sector, the aggressive pricing could pose a risk. Investors with a long-term perspective and confidence in the company's sustained growth may consider participating, but it is crucial to stay informed about market dynamics and potential valuation adjustments post-listing.
Unicommerce eSolutions IPO Subscription Status (Bidding Details)
Table not foundUnicommerce eSolutions IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Unicommerce eSolutions IPO FAQs
What is Unicommerce eSolutions IPO?
Unicommerce eSolutions is issuing 25,608,512 equity shares with a face value of ₹1 each, totaling up to ₹276.57 Cr. The shares are being offered at a price of ₹102 to ₹108 each, with a minimum order quantity of 138 shares.
Link Intime India Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Unicommerce eSolutions IPO will open?
Unicommerce eSolutions will open on August 06, 2024 for QIB, NII, and Retail Investors.
When Unicommerce eSolutions IPO will end?
Unicommerce eSolutions will end on August 08, 2024.
What is Unicommerce eSolutions IPO Size?
Unicommerce eSolutions IPO size is ₹276.57 Cr.
What is Unicommerce eSolutions IPO Price Band?
Unicommerce eSolutions price band is ₹102 to ₹108 per share.
What is the Unicommerce eSolutions IPO Allotment Date?
Unicommerce eSolutions allotment date is August 9, 2024.
What is the Unicommerce eSolutions IPO Listing Date?
Unicommerce eSolutions listing date is August 13, 2024. The IPO is to be listed on BSE and NSE.
How to Unicommerce eSolutions IPO through Zerodha?
To apply for the IPO “Unicommerce eSolutions” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Unicommerce eSolutions IPO through Upstox?
To apply for the IPO “Unicommerce eSolutions” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Unicommerce eSolutions IPO Allotment Status?
For Unicommerce eSolutions IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Unicommerce eSolutions IPO GMP?
You can check out here: Unicommerce eSolutions IPO GMP