Unicommerce eSolutions is into Technology eCommerce SaaS sector and is looking raise funds through Offer for Sale
IPO Summary
Unicommerce eSolutions IPO is a public offering of shares by Acevector Limited. The IPO will open on August 06 and will close on August 08. The price band is ₹102 to ₹108 per share and the lot size is 138 shares. The issue size is ₹276.57 crore. The shares are expected to be listed on BSE, NSE on August 13 (^). Some additional information that you may find useful are: Number of Enterprise clients /SMB Clients as on FY24 at 795/2707 (v/s 672/3009 in FY23 and 470/2404 in FY22). Revenues for FY24/FY23/FY22 at Rs109.4 Cr/Rs92.97 Cr/Rs61.36 Cr. EBITDA for FY24/FY23/FY22 at Rs14.4 Cr/Rs6.53 Cr/Rs5.04 Cr. EBITDA Margins for FY24/FY23/FY22 at 13.92%/7.25%/8.54%. PAT for FY24/FY23/FY22 at Rs13.01 Cr/Rs6.47 Cr/Rs6.01 Cr. : (**) - based on higher price band (^) indicative datePromoters of the company are Acevector Limited Currently promoters hold 48.63% stake in the company. While post-equity promoters stake will be 39.42%
- Company aims to raise between Rs 261 to 277 crs through this IPO.
- The net proceeds of the issue will be utilized to Proposed listing of its Equity Shares will enhance visibility and brand image as well as provide a public market for the Equity Shares in India. Company will not receive any proceeds from the Offer.
- Anchor bidding is expected to commence one day prior to the IPO dates. Tentative anchor bidding date would be 05-Aug-24.
- Price band for the IPO has been fixed at Rs 102 to 108 per share and bid lot are in multiple of 138 shares. The implied market cap post-issue at Rs 1,045 to 1,106 crs.
- As per the tentative schedule, allotment date of this IPO is most likely on August 09 and share are expected to be listed on BSE, NSE on August 13.
- There are no listed companies in India or abroad whose business portfolio is comparable with that of the business and comparable to scale of operations of the company. Hence, it is not possible to provide an industry comparison in relation to the Company.
- IIFL Securities, CLSA India has been appointed as Merchant Banker to the issue. Link Intime India Private Limited has been appointed as official registrar of the issue.
- Company has not undertaken Pre-IPO placement.
Key Pointers of Unicommerce eSolutions IPO:
| Unicommerce eSolutions Limited IPO Snapshot | UdhyamPitch on X | |||
|---|---|---|---|
| Established | City | Sector | Sub-Sector |
| 2012 | Gurgaon | Technology | eCommerce SaaS |
| Issue | Issue Type | Tentative Listing Date | Listing at |
| IPO (OFS) | Book Building | 13-Aug-24 | BSE, NSE |
| IPO Dates | Price Band (Rs/sh) | Face Value (Rs/sh) | Min Lot Qty |
| 06-Aug-24 to 08-Aug-24 | ₹ 102 to 108 per sh | ₹ 1 per sh | 138 sh and in multiples |
| Retail App (min) | Retail App (max) | Non-Retail (Rs2-10L App) | Non-Retail (>Rs10L min App) |
|
138 shares ₹ 14,904 |
1,794 shares up to ₹ 193,752 |
1,932 to 9,246 shares ₹ 208,656 to 998,568 |
9,384 shares and above ₹ 1,013,472 and above |
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
About Unicommerce eSolutions Limited
Established in 2002, company is e-commerce enablement Software-as-a-Service (“SaaS”) platform in the transaction processing or nerve centre layer that enables end-to-end management of e-commerce operations for brands, sellers and logistics service provider firms. Company offers SaaS products, such as the warehouse and inventory management system, multi-channel order management system, omnichannel retail management system, and seller management panel, act as the nerve centre for e-commerce fulfilment operations, enabling customers to efficiently manage their journey of post-purchase e-commerce operations.
Number of Enterprise clients /SMB Clients as on FY24 at 795/2707 (v/s 672/3009 in FY23 and 470/2404 in FY22). Revenues for FY24/FY23/FY22 at Rs109.4 Cr/Rs92.97 Cr/Rs61.36 Cr. EBITDA for FY24/FY23/FY22 at Rs14.4 Cr/Rs6.53 Cr/Rs5.04 Cr. EBITDA Margins for FY24/FY23/FY22 at 13.92%/7.25%/8.54%. PAT for FY24/FY23/FY22 at Rs13.01 Cr/Rs6.47 Cr/Rs6.01 Cr.
About Industry
The total addressable market (“TAM”) for players in the eCommerce enablement SaaS in the transaction processing or nerve centre layer was estimated at approximately US$ 1.2 billion in 2023 (Source: Redseer Report). This growth is driven by the increasing market potential for core products in this layer, opportunity to broaden the product portfolio, and international expansion prospects in SEA and Middle East. Specifically, in India, the TAM for core products in transaction processing layer was approximately US$ 260 million in 2023 (Source: Redseer Report).
| Unicommerce eSolutions Limited IPO Dates | UdhyamPitch on X | |
|---|---|
| Anchor Open | 05-Aug-24 |
| IPO Open | 06-Aug-24 |
| IPO Close | 08-Aug-24 |
| Allotment | 09-Aug-24 |
| Credit of Shares | 12-Aug-24 |
| Refund | 12-Aug-24 |
| Listing | 13-Aug-24 |
| Anchor Investor Lockin (50% of Anchor book investment) | |
| Anchor Investor Lockin (Balance 50% of Anchor book investment) | |
Kindly note UPI Mandate deadline is 5:00 pm IST on closing date. To avoid last minute issue, request you to approve UPI mandate before 4:00 pm IST on last day. In case, UPI mandate has not been approved during the prescribed time period, applications are liable to get rejected.
There are highly chances of variation in dates. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
| Unicommerce eSolutions Limited IPO - Details of Offer/Issue Breakup | UdhyamPitch on X | |||||
|---|---|---|---|---|---|
| Category | Quota (%) | No of Shares-Lower | No of Shares-Upper | Value (Rs Cr)-Lower | Value (Rs Cr)-Upper |
| QIB (Incl Anchor) | 75 | NA | 19,206,384 | NA | 207.43 |
| Non-Retail (NII) | 15 | NA | 3,841,277 | NA | 41.49 |
| Non-Retail (NII): >Rs10L | NA | 2,560,851 | NA | 27.66 | |
| Non-Retail (NII): Rs2L-Rs10L | NA | 1,280,426 | NA | 13.83 | |
| Retail | 10 | NA | 2,560,851 | NA | 27.66 |
| Employee | NA | . | . | ||
| Shareholder | NA | . | . | ||
| NA=Not Available or Not Calculated | Upper= Upper Price Band | Lower=Lower Price Band | |||||
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
Check IPO Allotment status of Unicommerce eSolutionsIPO:
| Unicommerce eSolutions Limited - Anchor Lockin Dates and Details | |
|---|---|
| Anchor Investor Lockin (50% of Investment for 30 days) release of | |
| Anchor Investor Lockin (Balance Investment for 90 days) release of | |
Above information is automatically calculated based on estimations. Chances of errors/changes could be possible due to holidays and/or other conditions. Users are requested to Visit BSE, NSE, SEBI for more information or contact the Company/Merchant Banker/RTA for more information.
| Unicommerce eSolutions Limited - Documents | |
|---|---|
Disclaimer:
Above article only publishes details on the companies and about forthcoming / upcoming IPO' and are solely intended for educational purpose. We don't solicit or invite any interest of user to invest in any of the investment products. Please review DRHP/RHP/Prospectus for more details about the company, fundamentals and other details. Please visit respective sources to verify and know more details about the IPO. SME IPOs can be more volatile due to smaller market capitalization and liquidity. Prices may fluctuate significantly in response to market conditions. We advise users and/or investors to take opinion from certified and SEBI registered experts before taking any investment decisions.
| Source: SEBI, BSE, NSE |
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