Unicommerce eSolutions Limited IPO
- IPO Date06 Aug, 2024 to 08 Aug, 2024
- Listing Date13 Aug, 2024
- Face Value₹1 per share
- Issue Price₹102 to ₹108 per share
- Lot Size138 Shares
- Minimum Investment₹14,904
- Listing AtBSE, NSE
- Total Issue Size2,56,08,512 Shares
(aggregating up to ₹276.57 Cr) - Fresh Issue2,56,08,512 Shares
(aggregating up to ₹276.57 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue10,24,34,048
- Shareholding post issue10,24,34,048
IPO Dates
Closing Date
08 Aug, 2024
Initiation of Refunds
12 Aug, 2024
Listing Date
13 Aug, 2024
06 Aug, 2024
Opening Date
09 Aug, 2024
Basis of Allotment
12 Aug, 2024
Credit of Shares
Unicommerce eSolutions Limited Lot Size
Investors can bid for a minimum of 138 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| B-HNI (Min) | 68 | 9384 | ₹10,13,472 |
| Retail (Max) | 13 | 1794 | ₹1,93,752 |
| S-HNI (Min) | 14 | 1932 | ₹2,08,656 |
| S-HNI (Max) | 67 | 9246 | ₹9,98,568 |
Unicommerce eSolutions Limited Promoter Holding
The promoters of the Company are AceVector Limited (formerly known as Snapdeal Limited), Starfish I Pte. Ltd, Kunal Bahl and Rohit Kumar Bansal.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 53.38% | - |
Unicommerce eSolutions Limited COMPANY INFORMATION
Unicommerce eSolutions IPO is a book built issue of Rs 276.57 crores. The issue is entirely an offer for sale of 2.56 crore shares. Unicommerce eSolutions IPO opens for subscription on August 6, 2024 and closes on August 8, 2024. The allotment for the Unicommerce eSolutions IPO is expected to be finalized on Friday, August 9, 2024. Unicommerce eSolutions IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, August 13, 2024. Unicommerce eSolutions IPO price band is set at ₹102 to ₹108 per share. The minimum lot size for an application is 138 Shares. The minimum amount of investment required by retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (1,932 shares), amounting to ₹208,656, and for bNII, it is 68 lots (9,384 shares), amounting to ₹1,013,472. Iifl Securities Ltd and Clsa India Private Limited are the book running lead managers of the Unicommerce eSolutions IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Unicommerce eSolutions IPO RHP for detailed information.
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.
As of March 31, 2024, the company had 312 employees in various departments.
Overview of Unicommerce Esolutions Limited IPO
Unicommerce Esolutions Limited, a prominent e-commerce solutions provider, has announced its initial public offering (IPO) with a Red Herring Prospectus dated July 30, 2024. This IPO is a significant step for the company as it seeks to raise funds through public investment. Below is a detailed analysis of the IPO, highlighting its key aspects, pros, and cons.
Company Background
Unicommerce Esolutions Limited, originally incorporated as Unicommerce eSolutions Private Limited in 2012, has grown into a well-known name in the e-commerce industry. The company provides comprehensive solutions for inventory management, order processing, and warehouse management.
IPO Details
The IPO consists of an Offer for Sale (OFS) of up to 25,608,512 equity shares, each with a face value of ?1. The promoters and selling shareholders include AceVector Limited (formerly Snapdeal Limited) and SB Investment Holdings (UK) Limited. The equity shares will be listed on both the BSE and NSE.
Key Dates
- Anchor Investor Bid/Offer Period: August 5, 2024
- Bid/Offer Opens: August 6, 2024
- Bid/Offer Closes: August 8, 2024
Pros of Investing in Unicommerce Esolutions Limited IPO
- Established Brand: Unicommerce has a strong market presence and a well-recognized brand in the e-commerce solutions sector.
- Comprehensive Solutions: The company offers end-to-end solutions that cater to various needs of e-commerce businesses, enhancing its appeal to potential investors.
- Strong Promoter Background: Promoters like AceVector Limited (Snapdeal) and SB Investment Holdings bring significant experience and credibility.
- Growth Potential: The e-commerce sector is on an upward trajectory, and Unicommerce is well-positioned to capitalize on this growth.
- IPO Market Sentiment: The current market sentiment towards tech and e-commerce IPOs is positive, which might lead to good subscription levels.
Cons of Investing in Unicommerce Esolutions Limited IPO
- First Public Offer Risk: As this is the first public offer of the company, there is no formal market for its equity shares, which adds an element of risk.
- Profitability Concerns: The company does not meet the SEBI ICDR Regulations' profitability criteria, which could be a red flag for risk-averse investors.
- Market Competition: The e-commerce solutions market is highly competitive, with several players vying for market share.
- Regulatory Risks: Being subject to various regulatory requirements and changes can impact business operations and profitability.
- Investment Risk: As with any equity investment, there is a risk of losing the entire investment, especially in a volatile market.
Conclusion
Investing in the Unicommerce Esolutions Limited IPO presents both opportunities and risks. Potential investors should carefully consider the company's market position, growth potential, and the inherent risks before making an investment decision.
Final Thoughts
For those looking to invest in a growing e-commerce solutions provider with a strong market presence, Unicommerce's IPO could be a worthwhile consideration. However, due diligence is essential, particularly given the company's lack of profitability and the competitive landscape it operates in.
Content Summary
Unicommerce Esolutions Limited, a leading e-commerce solutions provider, is launching its IPO. This offering includes 25,608,512 equity shares via an Offer for Sale. Key benefits include the company's established brand, comprehensive solutions, and strong promoter backing. However, risks such as it being the first public offer, profitability concerns, market competition, and regulatory risks must be considered. Potential investors are advised to weigh these factors carefully before investing.
FAQs About Unicommerce Esolutions Limited Ipo
Unicommerce eSolutions Limited IPO will open on 06 Aug, 2024 and close on 08 Aug, 2024. Investors must apply within this period to participate.
The Unicommerce eSolutions Limited IPO price band is set between ₹102.00 and ₹108.00 per share. The minimum lot size is 138, requiring an investment of at least ₹14904.00.
The Unicommerce eSolutions Limited IPO shares are expected to be listed on 13 Aug, 2024, subject to regulatory approvals and final allotment.
You can track your Unicommerce eSolutions Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Unicommerce eSolutions Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.