Bookbuilding IPO | ₹277 Cr | Listed at BSE, NSE | Tue, Aug 6, 2024 - Thu, Aug 8, 2024
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 per share. The lot size for an application is 138. The minimum amount of investment required by an retail is ₹14,904 (138 shares) (based on upper price). 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 Open
Tue, Aug 6, 2024
IPO Close
Thu, Aug 8, 2024
Issue Price
₹108 per share
Market Cap (Pre-IPO)
₹1,106.29 Cr
| IPO Date | 6 to 8 Aug, 2024 |
| Listed on | Tue, Aug 13, 2024 |
| Face Value | ₹1 per share |
| Price Band | ₹102 to ₹108 |
| Issue Price | ₹108 per share |
| Lot Size | 138 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,56,08,512 shares (agg. up to ₹277 Cr) |
| Offer for Sale | 2,56,08,512 shares of ₹1 (agg. up to ₹277 Cr) |
| Share Holding Pre Issue | 10,24,34,048 shares |
| Share Holding Post Issue | 10,24,34,048 shares |
| BSE Script Code / NSE Symbol | 544227 / UNIECOM |
| ISIN | INE00U401027 |
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 (Ex- Anchor), 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 | Max 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%) |
Investors can bid for a minimum of 138 shares and in multiples thereof.
| 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 |
Unicommerce eSolutions IPO raises ₹124.46 crore from anchor investors. Unicommerce eSolutions IPO Anchor bid date is August 5, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Aug 5, 2024 |
| Shares Offered | 1,15,23,831 |
| Anchor Portion (₹ Cr.) | 124.46 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Sep 7, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Nov 6, 2024 |
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.
| 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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 17.36% |
| ROCE | 25.93% |
| RoNW | 18.98% |
| PAT Margin | 12.63% |
| Price to Book Value | 15.81 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.28 | 1.28 |
| P/E (x) | 84.59 | 84.59 |
| Promoter Holding | 48.63% | 39.42% |
| Market Cap | ₹1,106.29 Cr. |
The Unicommerce eSolutions IPO is subscribed 168.35 times on August 8, 2024 6:19:09 PM (Day 3). The public issue subscribed 130.99 times in the retail category, 138.75 times in the QIB category, and 252.46 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 138.75 | 76,82,554 | 1,06,59,67,062 |
| NII | 252.46 | 38,41,276 | 96,97,52,358 |
| bNII (bids above ₹10L) | 266.49 | 25,60,851 | 68,24,53,884 |
| sNII (bids below ₹10L) | 224.38 | 12,80,425 | 28,72,98,474 |
| Retail | 130.99 | 25,60,851 | 33,54,53,574 |
| Total | 168.35 | 1,40,84,681 | 2,37,11,72,994 |
Total Application : 21,88,405
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees (including brokerage and underwriting commission) | 13.05 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.38 |
| 3 | Fees payable to Registrar to the Offer | 0.34 |
| 4 | Fees payable to the other parties to the Offer | 3.48 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 2.98 |
| 6 | Printing and stationery | 0.37 |
| 7 | Advertising and marketing expenses | 1.32 |
| 8 | Fees payable to legal counsels | 5.83 |
| 9 | Miscellaneous | 1.61 |
| Price Details | 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 |
Lead Manager Reports
Unicommerce eSolutions IPO is a main-board IPO of 2,56,08,512 equity shares of the face value of ₹1 aggregating up to ₹277 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 138.
The IPO opens on Tue, Aug 6, 2024, and closes on Thu, Aug 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 Tue, Aug 6, 2024 and closes on Thu, Aug 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 Mon, Aug 12, 2024. Check the Unicommerce eSolutions IPO allotment status.
The Unicommerce eSolutions IPO listing date is on Tue, Aug 13, 2024.
