Unicommerce eSolutions IPO: Points to Consider

• Unicommerce eSolutions IPO is a book-built issue of Rs 276.57 crore.
• This upcoming IPO bidding opens on August 6 and closes on August 8, 2024.
• Unicommerce eSolutions IPO price band is set at Rs 102 to Rs 108 per share.
• The Minimum investment required Rs 14,904.

Unicommerce eSolutions IPO: Synopsis

Unicommerce eSolutions IPO is open for subscription starting Tuesday, August 6, 2024 and closing on Thursday, August 8, 2024. The price of this upcoming IPO is decided at Rs 102 to Rs 108 per share. The minimum lot size for the retail category is 138 shares. The minimum lot size for small NII is 14 lots consisting of 1,932 shares. Meanwhile, the minimum lot for big non-institutional investors is 68 lots with 9,384 shares. 

The minimum investment required for retail category investors is Rs 14,904 (108 x 138 shares). However, for small non-institutional investors, the minimum investment amount required is Rs 2,08,656 (108 x 1,932 shares); for big non-institutional investors, it is Rs 10,13,472 (108 x 9,384 shares). 

Unicommerce eSolutions IPO is a book-built issue of Rs 276.57 crores. This issue is entirely an offer-for -sale of 2.56 crore equity shares. The allotment for this IPO is expected to be finalised on Friday, August 9, 2024. 

Unicommerce eSolutions Limited's IPO will be listed on both the exchanges BSE and NSE, and the listing date is fixed for Tuesday, August 13 , 2024. 

IIFL Securities and CLSA India Private Limited is the book-running lead manager of Unicommerce eSolutions Limited. Link Intime India Limited is the registrar for this new IPO.

Also Read | Brainbees Solutions (Firstcry IPO): Things to Know

Unicommerce eSolutions IPO: About the Company

Unicommerce eSolutions Limited was founded in 2012, is a SaaS platform that manages e-commerce operations for brands, sellers, and logistics providers. 

They offer 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. 

Unicommerce eSolutions 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.

Unicommerce eSolutions IPO: Objectives

The funds received from the issue will flow to the selling shareholders in proportion to the offered shares sold by the respective selling shareholders as part of the offer.

Unicommerce eSolutions IPO: Other Important Details

Unicommerce eSolutions IPO: Time-Table  

Unicommerce eSolutions Limited: Financial Metrics  (Amt in Rs Crore)

Unicommerce eSolutions reported revenue of Rs 109.43 crore and net profit of Rs 13.08 crore for the period ending 31 March 2024. Between the FY ending 31 March 2024 and 31 March 2023, the company’s revenue increased by 17.71%, and PAT increased by 101.95%.

Lot Size of Unicommerce eSolutions IPO

Promoters of Unicommerce eSolutions Limited and Their Holdings

The promoters of Unicommerce eSolutions Limited are AceVector Limited, Starfish I Pte. Ltd, Kunal Bahl and Rohit Kumar Bansal. The promoter's shareholdings before the IPO is 53.38%; however, after the IPO, the details of the shareholding are not available.

Unicommerce eSolutions IPO: Strength of the Company

·   Unicommerce eSolutions is a SaaS platform that manages e-commerce operations for brands, sellers, and logistics providers.

·   The company software products to help businesses efficiently manage their e-commerce operations after purchase.

·   Unicommerce eSolutions is a profitable company and net profit is rising on a steady basis. 

FAQs

1. What are the details of Unicommerce eSolutions Limited IPO 2024?

Unicommerce eSolutions IPO is a book-built issue of Rs 276.57 crores. This issue is entirely an offer-for -sale of 2.56 crore equity shares. The allotment for this IPO is expected to be finalised on Friday, August 9, 2024. 

2. Who are the lead managers for the Unicommerce eSolutions Limited IPO?

IIFL Securities and CLSA India Private Limited are lead managers for this IPO.

3. What is the role of Link Intime India in this IPO?

Link Intime India Limited is the registrar for Unicommerce eSolutions Limited, handling the IPO's administrative aspects.

4. How can I apply for the Unicommerce eSolutions Limited IPO?

The public subscription of this IPO will open on August 6, 2024. Click here to continue the application process.

5. How will the net proceeds from the IPO be utilised?

The funds received from the issue will flow to the selling shareholders in proportion to the offered shares sold by the respective selling shareholders as part of the offer.

6. How can I check the allotment status of the IPO?

Investors can check out the allotment status of the Unicommerce eSolutions Limited IPO 2024 by visiting here.

Also Read | Ola Electric IPO: Key Details to Know Before Applying