Unicommerce eSolutions IPO
Unicommerce eSolutions IPO — date, price band, lot size & details 2024
Unicommerce eSolutions listed on 13 Aug 2024 at ₹235, 117.6% above the ₹108 issue price.
Unicommerce eSolutions is India's largest e-commerce enablement SaaS platform in the transaction processing layer, used by brands, sellers and logistics firms. Its total income was Rs 109.43 crore in FY2024.
Stock price
Unicommerce eSolutions is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 November.
- Open 06 Aug 2024
- Close 08 Aug 2024
- Allotment 09 Aug 2024
- Refund/credit 12 Aug 2024
- Listing 13 Aug 2024
Issue summary
The terms of the offer, as filed.
| IPO Dates | 6 to 8 Aug, 2024 |
|---|---|
| Price Band | ₹102 – ₹108 |
| Face Value | ₹1 |
| Lot Size | 138 Shares |
| Issue Size | ₹276.57 Cr |
| Sale Type | OFS only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,904 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 138 shares at the ₹108 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 138 | ₹14,904 |
| Retail (max) | 13 | 1,794 | ₹1,93,752 |
| S-HNI (min) | 14 | 1,932 | ₹2,08,656 |
| S-HNI (max) | 67 | 9,246 | ₹9,98,568 |
| B-HNI (min) | 68 | 9,384 | ₹10,13,472 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 61.36 crore in FY2022 to Rs 109.43 crore in FY2024.
- 02Profit after tax rose from Rs 6.01 crore in FY2022 to Rs 13.08 crore in FY2024.
- 03It is India's largest e-commerce enablement SaaS platform in its layer by FY2023 revenue, as per Redseer.
- 04The source puts return on net worth at 18.98% and the PAT margin at 12.63%.
- 05The asset-light SaaS model keeps assets small, at Rs 109.11 crore on 31 March 2024.
Risks · 5
- 01The whole Rs 276.57 crore issue was offer for sale, so no money went to the company.
- 02The P/E was 84.59 at the upper band of Rs 108, based on EPS of Rs 1.28.
- 03Revenue is small, at Rs 109.43 crore in FY2024, and depends on e-commerce volumes.
- 04Clients can switch software providers or build in-house tools, and net worth was Rs 68.91 crore.
- 05Promoters held 48.63% before the issue and 39.42% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Unicommerce eSolutions offer document.
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 109.11 | 81.74 | 59.03 |
| Total Income | 109.43 | 92.97 | 61.36 |
| Profit After Tax | 13.08 | 6.48 | 6.01 |
| NET Worth | 68.91 | 51.89 | 41.37 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Unicommerce eSolutions RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Unicommerce eSolutions IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹1.28 | ₹1.28 |
| P/E Ratio (x) | 84.59 | 84.59 |
| Market Cap at Offer Price (₹ Cr) | ₹1,103.63 | ₹1,103.63 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹108 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
How the company intends to use the proceeds of the issue.
Information about the usage of proceeds from the Unicommerce eSolutions IPO will be updated shortly.
About the company
It enables end-to-end management of e-commerce operations for brands, sellers and logistics firms. Its products include warehouse and inventory management, multi-channel order management, omnichannel retail management, a seller management panel for marketplaces, post-order logistics tools and payment reconciliation.
Its promoters are AceVector Limited, Starfish I, Kunal Bahl and Rohit Kumar Bansal.
The IPO was Rs 276.57 crore and was entirely an offer for sale by AceVector and SB Investment Holdings, so the company received none of the money.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
IIFL Capital Services Limited
116 issues handledBest listing: Bajaj Housing Finance (+114.3%). Weakest: Rategain Travel Technologies (-15.3%).
CLSA India Pvt. Ltd
9 issues handledBest listing: Burger King India (+87.5%). Weakest: Star Health and Allied Insurance Company (-6.1%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Unicommerce eSolutions?
The current Grey Market Premium is ₹65, or 60% over the issue price.
What is the Unicommerce eSolutions IPO price band?
₹102 to ₹108, on a face value of ₹1.
When is the allotment?
The basis of allotment is 9 August 2024, with listing on 13 August 2024.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
