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Unicommerce eSolutions Limited

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Issue Price

₹102- ₹108

per equity share

Issue Size

2.56 crores

equity share

Face Value

₹ 1

per equity share

Market Lot

138

equity share

Please note

Listing at NSE

Unicommerce eSolutions Limited

Important Dates

IPO Open Date

06 Aug 2024

IPO Close Date

08 Aug 2024

Allotment Date

09 Aug 2024

Initiation of Refunds

12 Aug 2024

Credit of Shares to Demat Account

12 Aug 2024

IPO Listing Date

13 Aug 2024

UPI Mandate Expiry Date

08 Aug 2024

IPO Details

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.

About Unicommerce eSolutions Limited

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.

Parent Organisation

-

Founded

2012

Managing Director

AceVector Limited (formerly known as Snapdeal Limited), Starfish I Pte. Ltd, Kunal Bahl and Rohit Ku

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

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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