Unicommerce eSolutions Limited IPO opens on August 6, 2024, and closes on August 8, 2024. The allotment for the Unicommerce eSolutions IPO is anticipated to be completed on Friday, August 9, 2024. The IPO will be listed on the BSE and NSE, with a tentative listing date set for Tuesday, August 13,2024.
The price band for the Unicommerce eSolutions IPO is set at Rs 102 to Rs 108 per share. The IPO is a book-built issue of Rs 276.57 crores, entirely an offer-for-sale issue of 2.56 crore shares.
Unicommerce eSolutions IPO Details
| IPO Date | August 6, 2024 to August 8, 2024 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price | ₹102 to ₹108 per share |
| Lot Size | 138 Shares |
| Total Issue Size | 25,608,512 shares (aggregating up to ₹276.57 Cr) |
| Fresh Issue | 25,608,512 shares of ₹1 (aggregating up to ₹276.57 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre-issue | 102,434,048 |
| Shareholding post-issue | 102,434,048 |
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 IPO Objectives
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.
About Unicommerce eSolutions Limited
Unicommerce eSolutions Limited, founded in February 2012, is a SaaS company specializing in managing e-commerce operations for brands, sellers, and logistics providers. The company offers a suite of software solutions, including systems for warehouse and inventory management, multi-channel order management, omnichannel retail management, seller management, logistics tracking, courier allocation, and payment reconciliation.
As of March 31, 2024, Unicommerce has integrated with 101 logistics partners and 11 ERPs and POS systems, facilitating seamless supply chain operations. The company’s Order Management System has processed 791.63 million order items and supports 131 marketplace and web store integrations for automated order processing.
Unicommerce serves a diverse range of clients across sectors such as fashion, electronics, home goods, FMCG, beauty, health, and third-party logistics. Notable clients include Lenskart, SupperBottoms, Zivami, Chumbak, Paragon, PharmEasy, XpressBees, Shiprocket, Mamaearth, Sugar Cosmetics, and Cello.
Since 2023, the company has expanded internationally, securing 43 enterprise clients in 7 countries, mainly in Southeast Asia and the Middle East. As of March 31, 2024, Unicommerce employs 312 people across various departments.
Unicommerce eSolutions Limited Financial Information
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 |
| Revenue | 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 |
Unicommerce eSolutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 75% of the Net Issue |
| Retail Shares Offered | Not less than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Unicommerce eSolutions IPO Timeline
Unicommerce eSolutions IPO opens on August 6, 2024, and closes on August 8, 2024.
| IPO Open Date | Tuesday, August 6, 2024 |
| IPO Close Date | Thursday, August 8, 2024 |
| Basis of Allotment | Friday, August 9, 2024 |
| Initiation of Refunds | Monday, August 12, 2024 |
| A credit of Shares to Demat | Monday, August 12, 2024 |
| Listing Date | Tuesday, August 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 8, 2024 |
Conclusion
The Unicommerce eSolutions Limited IPO, set to open on August 6, 2024, offers an entirely offer-for-sale issue of 2.56 crore shares, priced between Rs 102 and Rs 108 per share, with a total issue size of Rs 276.57 crores. The IPO will not provide any proceeds to the company, as all funds will go to the selling shareholders. The allotment is scheduled for August 9, 2024, and the listing is anticipated on August 13, 2024, on the BSE and NSE. Unicommerce, a SaaS company specializing in e-commerce operations, has shown strong financial growth and serves a diverse client base, including international expansion.
