Unicommerce eSolutions IPO: Price Band, Lot Size, Financials & Review
Unicommerce eSolutions IPO listed on BSE & NSE on Tue, 13 Aug 2024. The issue was subscribed 168.39x overall.
- Open Date
- 6 Aug 2024
- Close Date
- 8 Aug 2024
Last updated
- Price band
- ₹102 – ₹108
- Lot size
- 138 shares
- Min. investment
- ₹14,904
- Issue size
- ₹276.57 Cr
- Last GMP
- 0
- Subscribed
- 🔥 168.39x
Unicommerce eSolutions IPO details
Unicommerce eSolutions IPO is a ₹276.57 Cr book-building IPO on the Mainboard segment, listing on BSE & NSE. It is entirely an offer for sale (OFS): existing shareholders are selling their shares, and the company does not receive any of the money raised.
The issue was open from Tue, 6 Aug 2024 to Thu, 8 Aug 2024. Allotment was finalised on Fri, 9 Aug 2024, and the shares listed on BSE & NSE on Tue, 13 Aug 2024.
The price band is ₹102 to ₹108 per share and the lot size is 138 shares, so the minimum retail application is ₹14,904. Retail investors can apply for up to 13 lots (1,794 shares, ₹1,93,752).
MUFG Intime India Pvt Ltd is the registrar, and IIFL Capital Services Limited and CLSA India Private Limited are the book running lead managers.
Grey market premium (GMP)
Day-wise GMP →The last Unicommerce eSolutions IPO GMP before listing was 0 (0.00% against the upper price band of ₹108), implying an estimated listing price of ₹108. Across 10 days of tracking, GMP ranged from 0 (31 Jul) to +₹60 (09 Aug).
| Last GMP | 0 |
|---|---|
| GMP vs upper band | 0.00% |
| Estimated listing price | ₹108 |
| Highest (09 Aug) | +₹60 |
| Lowest (31 Jul) | 0 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Unicommerce eSolutions IPO day-wise GMP.
Subscription
Day-wise subscription →Unicommerce eSolutions IPO was subscribed 168.39x overall: QIB 138.75x, NII 252.48x and retail 131.15x.
| Category | Subscribed |
|---|---|
| QIB | 138.75x |
| NII | 252.48x |
| └ bNII (above ₹10 lakh) | 266.49x |
| └ sNII (₹2–10 lakh) | 224.45x |
| Retail | 131.15x |
Final figures at the close of bidding on 8 Aug 2024. Category-wise bids, application-wise breakup and allotment chances are on the Unicommerce eSolutions IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 1,15,23,831 | 45.00% |
| Qualified Institutions | 76,82,554 | 30.00% |
| Non-Institutional | 38,41,276 | 15.00% |
| └ BNII | 25,60,851 | 10.00% |
| └ SNII | 12,80,425 | 5.00% |
| Retail Investors | 25,60,851 | 10.00% |
| Total | 2,56,08,512 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Unicommerce eSolutions IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1,794 | ₹1,93,752 |
| S-HNI (Min) | 14 | 1,932 | ₹2,08,656 |
| S-HNI (Max) | 67 | 9,246 | ₹9,98,568 |
| B-HNI (Min) | 68 | 9,384 | ₹10,13,472 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely an offer for sale (OFS): existing shareholders are selling their shares, and the company does not receive any of the money raised.
At the upper price band of ₹108, the issue is priced at 84.59x pre-issue earnings and 84.59x post-issue earnings per share.
| EPS (pre-issue) Latest earnings per share before the issue | ₹1.28 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 84.59x |
| EPS (post-issue) EPS on the enlarged share capital | ₹1.28 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 84.59x |
| Promoter holding (pre-issue) | 53.83% |
| Promoter holding (post-issue) | 0.00% |
Unicommerce eSolutions Limited financials
Between 31 Mar 2023 and 31 Mar 2024, Income rose from ₹92.97 Cr to ₹109.43 Cr, and profit after tax rose from ₹6.48 Cr to ₹13.08 Cr. The PAT margin for 31 Mar 2024 was 11.95%.
| Period ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 109.11 | 81.74 | 59.03 |
| Total Income | 109.43 | 92.97 | 61.36 |
| Profit After Tax | 13.08 | 6.48 | 6.01 |
| Net Worth | 68.91 | 51.89 | 41.37 |
| Reserve & Surplus | 45.87 | 37.70 | 31.47 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | KPI as of March 31, 2024. |
|---|---|
| ROE % | 17.36 |
| ROCE % | 25.93 |
| RoNW % | 18.98 |
| PbW | 15.81 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Listing the Equity Shares on the Stock Exchange |
About Unicommerce eSolutions Limited
Incorporated in February 2012 Unicommerce eSolutions Limited is an e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve center layer. They enable end-to-end management of e-commerce operations for brands, sellers, and logistics service provider firms. They enable their enterprise clients and small and medium business (SMB) clients to efficiently manage their entire journey of post-purchase e-commerce operations through a comprehensive suite of SaaS products that include
(i) the warehouse and inventory management system (WMS).
(ii) the multi-channel order management system (OMS).
(iii) the omni-channel retail management system (Omni-RMS).
(iv) seller management panel for marketplaces, housed in their platform, Uniware.
(v) recently introduced post-order services related to logistics tracking and courier allocation (UniShip).
(vi) payment reconciliation (UniReco).
Additionally, they offer several sub-modules that their customers may use as a part of their routine operations. Their products act as the nerve center for the e-commerce fulfillment operations of their clients, ensuring that the orders received from their clients’ end customers are processed correctly, efficiently, and within timelines as per client needs. Their products aid in streamlining e-commerce operations for their clients and enable them to become a critical part of the supply chain stack of their clients.
Promoters
The promoters of the Company
- AceVector Limited
- Starfish I Pte
- Kunal Bahl
- Rohit Kumar Bansal
Contact details
Unicommerce eSolutions Limited
Mezzanine Floor, A-83,
Okhla Industrial Area
Ph-II, New Delhi 110 020
Phone: +91 9311749240
Email: complianceofficer@unicommerce.com
Website: http://www.unicommerce.com
Unicommerce eSolutions IPO FAQs
- What is the Unicommerce eSolutions IPO price band?
- The Unicommerce eSolutions IPO price band is ₹102 to ₹108 per share.
- What is the Unicommerce eSolutions IPO lot size and minimum investment?
- The Unicommerce eSolutions IPO lot size is 138 shares. The minimum retail investment is ₹14,904 for one lot at the upper price band. Retail investors can apply for up to 13 lots (1,794 shares), costing ₹1,93,752.
- When was Unicommerce eSolutions IPO open for subscription?
- Unicommerce eSolutions IPO was open for subscription from Tue, 6 Aug 2024 to Thu, 8 Aug 2024.
- What is the Unicommerce eSolutions IPO subscription status?
- Unicommerce eSolutions IPO was subscribed 168.39x overall: QIB 138.75x, NII 252.48x and retail 131.15x. Day-wise and category-wise figures are on the subscription page.
- What was the Unicommerce eSolutions IPO GMP before listing?
- The last Unicommerce eSolutions IPO GMP before listing was 0 (0.00% against the upper price band of ₹108), implying an estimated listing price of ₹108. Across 10 days of tracking, GMP ranged from 0 (31 Jul) to +₹60 (09 Aug). GMP is an unofficial grey market indicator and can change quickly.
- What is the Unicommerce eSolutions IPO allotment date?
- The Unicommerce eSolutions IPO basis of allotment was finalised on Fri, 9 Aug 2024. You can check your allotment status on the MUFG Intime India Pvt Ltd website.
- What is the Unicommerce eSolutions IPO listing date?
- Unicommerce eSolutions IPO listed on BSE & NSE on Tue, 13 Aug 2024.
- Is the Unicommerce eSolutions IPO a fresh issue or an offer for sale?
- It is entirely an offer for sale (OFS): existing shareholders are selling their shares, and the company does not receive any of the money raised.
- Who are the registrar and lead managers of the Unicommerce eSolutions IPO?
- The registrar for the Unicommerce eSolutions IPO is MUFG Intime India Pvt Ltd, and the book running lead managers are IIFL Capital Services Limited and CLSA India Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.