Unicommerce eSolutions Limited IPO

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

Unicommerce eSolutions IPO Lot Size

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.

Unicommerce eSolutions IPO Reservation

Unicommerce eSolutions IPO Timeline

Unicommerce eSolutions IPO opens on August 6, 2024, and closes 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.