Unicommerce eSolutions Ltd. was incorporated on February 2, 2012. It is an e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve centre layer. The company enables its 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.
| Bidding Dates |
|---|
| 06 Aug 2024 - 08 Aug 2024 |
| Subscription |
|---|
| 168.35x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,076 | 1 | 13 | 138 | 25.6 M | ₹102 - ₹108 | 39.42 % | ₹2612.1 M - ₹2765.7 M | RHP DOC |
Unicommerce eSolutions IPO SUBSCRIPTION STATUS
08 Aug '24Unicommerce eSolutions IPO overall subscription rate was 168.35 times the total available shares
Unicommerce eSolutions IPO retail subscription rate was 130.99 times in the retail segment
Unicommerce eSolutions IPO non-institutional investor subscription rate was 252.46 times in the non-institutional investor category
Unicommerce eSolutions IPO Qualified Institutional Bidder subscription rate was 138.75 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
08 Aug 2024 (Day 3) | 130.99x | 252.46x | 138.75x |
07 Aug 2024 (Day 2) | 35.57x | 19.51x | 0.8x |
06 Aug 2024 (Day 1) | 9.97x | 2.26x | 0x |
Unicommerce eSolutions FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 130.8 | 1,035.8 | 60.1 | 58.9 | 13.9% |
| FY23 | 64.8 | 900.6 | 145.8 | 140.8 | 7.3% |
| FY22 | 60.1 | 590.3 | 78.2 | 69.7 | 8.5% |
Unicommerce eSolutions IPO SUBSCRIPTION STATUS DETAILS
Unicommerce eSolutions had 25.6 M shares on offer
Unicommerce eSolutions IPO offer price was in the range ₹102 - ₹108
Unicommerce eSolutions IPO minimum Investment was ₹14076
Unicommerce eSolutions IPO issue size was ₹ 2612.1 M - ₹ 2765.7 M
Unicommerce eSolutions had a minimum lot size of 138 Shares per application
Unicommerce eSolutions NUMBER OF SHARES ON OFFER
Unicommerce eSolutions IPO IMPORTANT DATES
| Issue Open Date | 06 Aug 2024 |
| Issue close Date | 08 Aug 2024 |
| Allotment Date | 09 Aug 2024 |
| Refund Date | 12 Aug 2024 |
| Demat Account Credit Date | 12 Aug 2024 |
| Listing Date | 13 Aug 2024 |
| Listing on Exchange(s) | NSE and BSE |
| Unicommerce eSolutions Allotment Status | Exchange |
Unicommerce eSolutions IPO subscription opened on 06 Aug 2024, and closed on 08 Aug 2024
IPO allotment for Unicommerce eSolutions was finalized on Friday, 09 Aug 2024
IPO listing for Unicommerce eSolutions was on NSE and BSE on Tuesday, 13 Aug 2024
Unicommerce eSolutions IPO LISTING GAINS
| Issue Price (adjusted) | 108.0 |
| Listing Open Price | 235.0 |
| Listing Close Price | 210.1 |
| Listing Gain% | 117.6% |
| Current Gain% | -22.0% |
Unicommerce eSolutions Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unicommerce eSolutions Ltd. | 84.2 | 863 | 45.9 | 2.9 | 4.6 | 10.6 | 7.6 | 208.4 | 48.7 | 20.5 | 15.7 | 1.8 | 15.7 |
| Tata Technologies Ltd. | 872.8 | 35440.2 | 63.6 | -3.4 | 6 | 13.9 | 6.1 | 5680.1 | 7.3 | 546.6 | -19.3 | 13.7 | -18.7 |
| RateGain Travel Technologies Ltd. | 949.2 | 11243.9 | 46.4 | 3.1 | 4.8 | 9.7 | 5.5 | 1884.9 | 63.5 | 194.4 | -7 | 20.5 | 15.1 |
| Intellect Design Arena Ltd. | 721.4 | 10118.1 | 28.7 | 463.8 | 3.2 | 10.9 | 7.5 | 3160.8 | 22.7 | 345.4 | 3.8 | 25.2 | 0.1 |
| Capillary Technologies India Ltd. | 560.6 | 4461.3 | 106 | 5.5 | 5.1 | 4 | 748.3 | 22.3 | 52.4 | 294.5 | 5.3 | ||
| Aurionpro Solutions Ltd. | 727.2 | 4018.9 | 19.7 | 3.9 | 2.8 | 12 | 9 | 1440.4 | 20.7 | 209.3 | 12.4 | 36.9 | 5.1 |
Unicommerce eSolutions INFORMATION ON IPO ISSUE
About Unicommerce eSolutions
Unicommerce eSolutions Ltd. was incorporated on February 2, 2012. It is an e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve centre layer. The company enables its 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.
Object of the Issue
- To carry out the offer for sale of up to 25,608,512 equity shares by the selling shareholders
- To achieve the benefits of listing equity shares on the stock exchanges
Unicommerce eSolutions - PROMOTERS
| Name |
|---|
| Kunal Bahl |
| Rohit Kumar Bansal |
| AceVector Limited |
| Starfish I Pte. Ltd. |
Unicommerce eSolutions Book Running Lead Manager
IIFL Securities Limited
unicommerce.ipo@iiflcap.com
CLSA India Private Limited
unicommerce.ipo@clsa.com
Unicommerce eSolutions Registrar to the Offer
Link Intime India Private Limited
unicommerce.ipo@linkintime.co.in
Unicommerce eSolutions Strengths
Well diversified customer base
The company has created a large and consistently growing base of valuable clients across the retail and e-commerce landscape in India as well as in international geographies. Its clients belong to various sectors including fashion, electronics, FMCG, sports, pharma, etc.
Leadership position
It is India’s largest e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve centre layer, in terms of revenue in FY23, FY22, and FY21. It was also the only profitable company among the top five players in the industry in India during FY23
Unicommerce eSolutions Risks
Dependent on third-party
The company relies on third-party service providers and vendors for its platform and operational services and its business may be adversely affected if they fail to meet the requirements or face operational disruptions.
Confidentiality issues
Any security incidents or breaches could affect its confidential information or its clients, which could damage reputation and brand, and substantially harm the business and financial condition.
IPO FAQs
This IPO consists of an offer for sale of up to Rs 276.6 crore, of 25,608,512 shares.
The promoters of the company are Kunal Bahl, Rohit Kumar Bansal, AceVector Limited and Starfish I Pte. Ltd..
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 102.0 - 108.0.
The IPO application opens on Aug 06, 2024 and closes on Aug 08, 2024.
The minimum lot size for the IPO is 138. The maximum lot size for the IPO is 1794.
For all category investors, the minimum application amount for this IPO is Rs. 14,076.0, the maximum value for this IPO is Rs 193,752.0.
This IPO will be allotted on Aug 09, 2024.
The refund will be credited to your account on Aug 12, 2024.
The allotted shares will be credited to your demat on Aug 12, 2024.
Unicommerce eSolutions Ltd.’s shares listed on the stock exchanges on Aug 13, 2024.