Unicommerce eSolutions Limited IPO And Its GMP IPO Details
| Detail | Description |
|---|---|
| IPO Date | August 6, 2024 to August 8, 2024 |
| Face Value | ₹ 1 per share |
| Price Band | ₹ 102 to ₹ 108 per share |
| Lot Size | 138 Shares |
| Total Issue Size | 2,56,08,512 shares (aggregating up to ₹ 276.57 Cr) |
| Offer for Sale | 2,56,08,512 shares of ₹1 (aggregating up to ₹ 276.57 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 10,24,34,048 |
| Shareholding post issue | 10,24,34,048 |
About Unicommerce eSolutions Limited IPO And Its GMP
Unicommerce eSolutions 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 omnichannel 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) and (vi) payment reconciliation (UniReco).
Issue Size: Rs 276.57 crores
Offer for Sale: 2.56 crore shares
IPO Date: Opens on August 6, 2024, and closes on August 8, 2024
Price Band: ₹102 to ₹108 per share
Minimum Lot Size: 138 shares
Book Running Lead Managers:
- IIFL Securities Ltd
- CLSA India Private Limited
Registrar: Link Intime India Private Ltd
Unicommerce eSolutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Company & Financials
Established 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. 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.
Objectives of Unicommerce eSolutions IPO
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 IPO Review
Based on its financial performance, the company claims to be the only profit-making company in the e-commerce enablement SaaS platform having a global play. It marked growth in its top and bottom lines for the reported periods. However, its net profit surge for FY24 raise eyebrows. Based on FY24 super earnings, the issue appears aggressively priced. The company is trying to extract fancy valuations for its maiden secondary offer with a first mover tag. Well-informed investors may park funds for the long term.
Unicommerce eSolutions Limited IPO And Its GMP Financial Information
Latest Revenue
109.43
₹ Crore
Profit After Tax
13.08
₹ Crore
Net Worth
68.91
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 109.11 | 109.43 | 13.08 | 68.91 | — | ||||
| 31 Mar 2023 | 81.74 | 92.97 | 6.48 | 51.89 | — | ||||
| 31 Mar 2022 | 59.03 | 61.36 | 6.01 | 41.37 | — | ||||
| Amount in ₹ Crore | |||||||||
IPO Estimated Listing Return
Based on the IPO Price of ₹108 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹69, and a lot size of 138 shares.
Unicommerce eSolutions Limited IPO And Its GMP GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-08-12 | ₹108 | ₹69.0 (64%) | 2024-08-12 |
Unicommerce eSolutions Limited IPO And Its GMP Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 17.36% |
| ROCE | 25.93% |
| RoNW | 18.98% |
| P/BV | 15.81 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.28 | 1.28 |
| P/E (x) | 84.59 | 84.59 |
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Competitive Strengths
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Unicommerce eSolutions Limited IPO And Its GMP IPO Timeline
| IPO Open Date | Tuesday, August 6, 2024 |
| IPO Close Date | Thursday, August 8, 2024 |
| Basis of Allotment | Friday, August 9, 2024 |
| Initiation of Refunds | Monday, August 12, 2024 |
| Credit of Shares to Demat | Monday, August 12, 2024 |
| Listing Date | Tuesday, August 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 8, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1794 | ₹193,752 |
| S-HNI (Min) | 14 | 1,932 | ₹208,656 |
| S-HNI (Max) | 67 | 9,246 | ₹998,568 |
| B-HNI (Min) | 68 | 9,384 | ₹1,013,472 |