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Unicommerce eSolutions IPO is a book build issue of ₹276.57 crores. The issue is entirely an offer for sale of 2.56 crore shares of ₹276.57 crore.
Unicommerce eSolutions IPO bidding started from Aug 6, 2024 and ended on Aug 8, 2024. The allotment for Unicommerce eSolutions IPO was finalized on Aug 9, 2024. The shares got listed on BSE, NSE on Aug 13, 2024.
Unicommerce eSolutions IPO price band is set at ₹108.00 per share . The lot size for an application is 138. The minimum amount of investment required by an retail is ₹14,076 (138 shares). The lot size investment for sNII is 14 lots (1,932 shares), amounting to ₹2,08,656, and for bNII, it is 68 lots (9,384 shares), amounting to ₹10,13,472.
IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Unicommerce eSolutions IPO RHP for detailed Information.
| IPO Date | August 6, 2024 to August 8, 2024 |
| Listing Date | August 13, 2024 |
| Face Value | ₹1 per share |
| Issue Price Band | ₹102 to ₹108 per share |
| Issue Price Final | ₹108 per share |
| Lot Size | 138 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 2,56,08,512 shares (aggregating up to ₹276.57 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 10,24,34,048 shares |
| Share Holding Post Issue | 10,24,34,048 shares |
Unicommerce eSolutions IPO offers total 2,56,08,512 shares. Out of which 1,92,06,385 (75.00%) allocated to QIB, 76,82,554 (30.00%) allocated to QIB, 38,41,276 (15.00%) allocated to NII, 25,60,851 (10.00%) allocated to RII and 1,15,23,831 (45.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,92,06,385 (75.00%) | NA |
| − Anchor Investor Shares Offered | 1,15,23,831 (45.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 76,82,554 (30.00%) | NA |
| NII (HNI) Shares Offered | 38,41,276 (15.00%) | NA |
| − bNII > ₹10L | 25,60,850 (10.00%) | 1,325 |
| − sNII < ₹10L | 12,80,426 (5.00%) | 662 |
| Retail Shares Offered | 25,60,851 (10.00%) | 18,556 |
| Total Shares Offered | 2,56,08,512 (100.00%) |
Unicommerce eSolutions IPO raises ₹124.46 crore from anchor investors. Unicommerce eSolutions IPO Anchor bid date is August 5, 2024. Unicommerce eSolutions IPO Anchor Investors list
| Bid Date | August 5, 2024 |
| Shares Offered | 1,15,23,831 |
| Anchor Portion Size (In Cr.) | 124.46 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 7, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 6, 2024 |
Unicommerce eSolutions IPO opens on August 6, 2024, and closes on August 8, 2024.
| IPO Open Date | Tue, Aug 6, 2024 |
| IPO Close Date | Thu, Aug 8, 2024 |
| Tentative Allotment | Fri, Aug 9, 2024 |
| Initiation of Refunds | Mon, Aug 12, 2024 |
| Credit of Shares to Demat | Mon, Aug 12, 2024 |
| Tentative Listing Date | Tue, Aug 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Aug 8, 2024 |
Investors can bid for a minimum of 138 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1,794 | ₹1,93,752 |
| S-HNI (Min) | 14 | 1,932 | ₹2,08,656 |
| S-HNI (Max) | 67 | 9,246 | ₹9,98,568 |
| B-HNI (Min) | 68 | 9,384 | ₹10,13,472 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in February 2012, Unicommerce eSolutions Limited is a SaaS platform that manages e-commerce operations for brands, sellers, and logistics providers.
The company offers a range of software products to help businesses efficiently manage their e-commerce operations after purchase. These products include a warehouse and inventory management system, a multi-channel order management system, an omnichannel retail management system, a seller management panel for marketplaces, post-order services for logistics tracking and courier allocation, and a payment reconciliation system.
The company has a wide range of technology and partner integrations. As of March 31, 2024, this includes 101 logistics partner integrations and 11 integrations with ERPs, POS systems, and other systems. These integrations are in place to ensure the smooth operation of an integrated supply chain for clients.
As of March 31, 2024, the company processed 791.63 million order items through its Order Management System (OMS) and had integrations with 131 marketplaces and web store software for automated order information flow.
The company's clients span various sectors, including fashion, electronics, home and kitchen, FMCG, beauty, sports, fitness, nutrition, health, pharma, and third-party logistics. Some of the company's prestigious clients include Lenskart, SupperBottoms, Zivami, Chumbak, Paragon, PharmEasy, XpressBees, Shiprocket, Mamaearth, Sugar Cosmetics, Cello, and so on.
As of March 31, 2024, the company had 312 employees in various departments.
Unicommerce eSolutions Limited's revenue increased by 17.71% and profit after tax (PAT) rose by 101.95% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 109.11 | 81.74 | 59.03 |
| Total Income | 109.43 | 92.97 | 61.36 |
| Profit After Tax | 13.08 | 6.48 | 6.01 |
| Net Worth | 68.91 | 51.89 | 41.37 |
| Reserves and Surplus | 45.87 | 37.70 | 31.47 |
| Amount in ₹ Crore | |||
The market capitalization of Unicommerce eSolutions IPO is ₹1106.29 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 17.36% |
| ROCE | 25.93% |
| RoNW | 18.98% |
| Price to Book Value | 15.81 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 1.28 | 1.28 |
| P/E (x) | 84.59 | 84.59 |
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.
[Dilip Davda] Based on its financial performance, the company claims to be the only profit making company in the ecommerce enablement SaaS platform having a global play. It marked growth in its top and bottom lines for the reported periods. However, its net profit surge for FY24 raise eyebrows. Based on FY24 super earnings, the issue appears aggressively priced. The company is trying to extract fancy valuations for its maiden secondary offer with a first mover tag. Well-informed investors may park funds for long term. Read detail review...
| Listing Date | August 13, 2024 |
| BSE Script Code | 544227 |
| NSE Symbol | UNIECOM |
| ISIN | INE00U401027 |
| Final Issue Price | ₹108 per share |
| BSE Listing Group | B |
Unicommerce eSolutions Ltd.
Mezzanine Floor, A-83,
Okhla Industrial Area
Ph-II, New Delhi 110 020,
Delhi, New Delhi
Phone: +91 9311749240
Email: complianceofficer@unicommerce.com
Website: http://www.unicommerce.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: unicommerce.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Unicommerce eSolutions IPO is a main-board IPO of 2,56,08,512 equity shares of the face value of ₹1 aggregating up to ₹276.57 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 138.
The IPO opens on August 6, 2024, and closes on August 8, 2024.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Unicommerce eSolutions IPO using UPI as a payment gateway. Zerodha customers can apply in Unicommerce eSolutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Unicommerce eSolutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Unicommerce eSolutions IPO opens on August 6, 2024 and closes on August 8, 2024.
Unicommerce eSolutions IPO lot size is 138, and the minimum amount required for application is ₹14,904.
You can apply in Unicommerce eSolutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Unicommerce eSolutions IPO will be done on Friday, August 9, 2024, and the allotted shares will be credited to your demat account by Monday, August 12, 2024. Check the Unicommerce eSolutions IPO allotment status.
The Unicommerce eSolutions IPO listing date is on Tuesday, August 13, 2024.
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