IPO

Unicommerce eSolutions Limited IPO

Mainboard

Software Products

Listed On: Aug 13, 2024 at ₹ 235.0(NSE)

₹ 14904 /138 Shares

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Price Summary

Last Closing

172.80 (60%)

52 Week High

263.99

52 Week Low

171.41

Last Update

22-Nov-2024 3:30 PM

Unicommerce eSolutions IPO Details

06 Aug, 2024

Open Date

08 Aug, 2024

Close Date

09 Aug, 2024

Allotment Date

13 Aug, 2024

Listing Date

Issue Price

₹102-108 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

235.0(NSE)

Listing Date

2024-08-13

Market Lot

Retail : 138 Shares (₹14,904/-)
S-HNI : 1,932 Shares (₹2,08,656/-)
B-HNI : 9,384 Shares (₹10,13,472/-)

Lead Manager

Iifl Securities Ltd
Clsa India Private Limited

Issue Size

OFS : 25,608,512 shares(aggregating up to ₹276.57 Cr)

Retail Portion

10% (Number of Retail Applications: 18,557 Approx),
(Number of S-HNI Applications : 663 Approx),
(Number of B-HNI Applications : 1,325 Approx)

Subscription

168.35 times

IPO Docs

DRHP RHP ANCHOR

Unicommerce eSolutions IPO Subscription Details

As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved7,682,5543,841,276
2,560,851    1,280,425		2,560,85114,084,681
Day 1 - 06-08-24 05:00 PM0.00 x2.26
1.59 x   3.60 x		9.97 x2.43 x
Day 2 - 07-08-24 05:00 PM0.80 x19.51
16.86 x   24.80 x		35.57 x12.23 x
Day 3 - 08-08-24 05:00 PM138.75 x252.46
266.49 x   224.38 x		130.99 x168.35 x
Total No. of Applications: 21,88,405 (Approx)
Retail Subscription on the basis of Applications: Retail:106.97x SHNI:211.62x BHNI 49.24x times

Unicommerce eSolutions Valuations

EPS Pre IPO

₹1.28/-

EPS Post IPO

₹1.28/-

P/E Pre IPO

84.59

P/E Post IPO

84.59

RoNW

18.98%

Unicommerce eSolutions Company Financials All values are in ₹ Cr.

31-Mar-2431-Mar-2331-Mar-22
Assets109.1181.7459.03
Revenue109.4392.9761.36
Profit After Tax13.086.486.01
Net Worth68.9151.8941.37
Reserves & Surplus45.8737.7031.47

About The Company

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.

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Unicommerce eSolutions - Strength and Weakness

Strength

Unicommerce is India's largest e-commerce enablement SaaS platform, managing end-to-end e-commerce operations for clients.

Unicommerce is the only profitable company among the top five e-commerce SaaS players in India for Fiscal 2023.

As of March 31, 2024, the company processes 791.63 million order items annually for 795 enterprise clients and 2,707 SMB (Small and Midsize Business) clients.

Unicommerce's products offer comprehensive solutions with a wide range of plug-and-play integrations, simplifying e-commerce operations and improving efficiency.

Weakness

Failure to innovate or develop new products could harm Unicommerce eSolutions Limited's business, financial performance, and market position.

Increased competition in the SaaS market could erode market share and impact business and profitability.

The lack of direct industry peers makes it challenging to benchmark and evaluate financial performance accurately.

Reliance on the growth of the e-commerce industry in India means the business could suffer if e-commerce adoption stalls or declines.

Unicommerce eSolutions - Promoter(s)

Pre Issue Share Holding: 53.38%

Post Issue Share Holding: N/A%

Company Promoter(s)

  1. AceVector Limited (formerly known as Snapdeal Limited)
  2. Starfish I Pte. Ltd
  3. Kunal Bahl
  4. Rohit Kumar Bansal

Unicommerce eSolutions IPO - Issue Objectives

  1. 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 - Anchor Investors

Unicommerce Esolutions IPO Anchor investors buy Rs 124 crore worth Morgan Stanley, SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Trustee, and Nippon Mutual Fund have bought 12.96 lakh equity shares worth Rs 14 crore each.

Aditya Birla Sun Life Trustee, The Prudential Assurance Company, Franklin India Technology Fund, DSP Multicap Fund, and High Conviction Fund picked 7.49 lakh shares worth Rs 8.09 crore each.

Other Details

Company Contact Details

Unicommerce eSolutions

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/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: unicommerce.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Unicommerce eSolutions IPO - FAQs

Ans. Unicommerce eSolutions Limited IPO is a Mainboard IPO. The issue is priced at ₹102-108 per equity share. The minimum order quantity is 138 Shares. The IPO opens on Aug 6, 2024, and closes on Aug 8, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Unicommerce eSolutions Limited IPO opens on Aug 6, 2024 and closes on Aug 8, 2024.

Ans. The size of Unicommerce eSolutions Limited IPO is OFS : 25,608,512 shares(aggregating up to ₹276.57 Cr).

Ans. The IPO price band is set between ₹102-108 per equity share.

Ans. To apply for Unicommerce eSolutions Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Unicommerce eSolutions Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Unicommerce eSolutions Limited IPO is Aug 9, 2024.

Ans. The Unicommerce eSolutions Limited IPO will be listed on Aug 13, 2024.

Ans. Follow the steps to check the allotment status for Unicommerce eSolutions Limited IPO here.