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Unicommerce eSolutions Limited IPO Detail

Unicommerce eSolutions Limited IPO Detail

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.

Since fiscal year 2023, the company has expanded its international client base and had 43 enterprise clients in 7 countries, primarily in Southeast Asia and the Middle East as of March 31, 2024.

As of March 31, 2024, the company had 312 employees in various departments.

Company Promoters

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

IPO Details

IPO Opening DateAug 06, 2024
IPO Closing DateAug 08, 2024
Issue TypeBook Built Issue IPO
Face Value₹1 per equity share
IPO Price ₹102 - 108 per equity share
Market Lot138 Shares
Min Order Quantity138 Shares
Listing AtBSE, NSE
Issue Size₹276.57 Cr
Fresh Issue-
Offer for Sale₹276.57 Cr
Retail Portion 35%

IPO Subscription (Bidding Detail)

AS On QIB SHNI BHNI NII RII TOTAL
Day 1 0.00x 3.64x 1.59x 2.27x 10.24x 2.48x
Day 2 0.80x 25.04x 16.86x 19.59x 36.12x 12.35x
Day 3 138.75x 224.38x 266.49x 252.46x 130.99x 168.35x

IPO Tentative Timetable

The Unicommerce eSolutions Limited IPO open date is Aug 06, 2024, and the close date is Aug 08, 2024. The issue may list on Aug 13, 2024.

IPO Open DateAug 06, 2024
IPO Close DateAug 08, 2024
Basis of Allotment DateAug 09, 2024
Initiation of RefundsAug 12, 2024
Credit of Shares to Demat AccountAug 12, 2024
IPO Listing DateAug 13, 2024

IPO Lot Size

The Unicommerce eSolutions Limited IPO market lot size is 138 shares. A retail-individual investor can apply for up to 13 lots (1794 shares or ₹193752).

ApplicationLotsSharesAmount (Cut-off)
Minimum1138₹14904
Maximum131794₹193752

IPO Promoter Holding

Pre Issue Share Holding53.38%
Post Issue Share Holding

Company Financials:

For the year/period ended (₹ in Cr.)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-22 59.03 61.36 6.01
31-Mar-23 81.74 92.97 6.48
31-Mar-24 109.11 109.43 13.08

Objects of the Issue:

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.

Unicommerce eSolutions Limited IPO Registrar:

Link Intime India Private Ltd

Unicommerce eSolutions Limited IPO Lead Manager(s):

Iifl Securities Ltd Clsa India Private Limited

Company Contact Information:

Unicommerce eSolutions Limited

Mezzanine Floor, A-83,

Okhla Industrial Area

Ph-II, New Delhi 110 020,