Unicommerce E-Solutions Limited IPO Opens On August 06. Check IPO Details Issue Date Price

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Unicommerce E-Solutions Limited IPO Opens On August 06. Check IPO Details Issue Date Price

August 05, 2024
Unicommerce E-Solutions Limited IPO Opens On August 06. Check IPO Details Issue Date Price

Unicommerce E-Solutions Limited is coming out with an initial public offer to raise Rs. 276.57 crores from the market.

Below are the details of the Unicommerce E-Solutions Limited IPO:

  • Issue opens – August 06 (Tuesday)
  • Issue closes – August 08 (Thursday)
  • Issue size – Rs. 276.57 crores
  • Price band – Rs. 102 to 108 per equity share
  • Bid lot – 138 shares and in multiples thereof.

And here are some details of the company and further details on the IPO.

Company Details:

  • Unicommerce Esolutions Limited are an e-commerce enablement Software-as-a-Service (“SaaS”) platform in the transaction processing or nerve centre 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 omni-channel 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”). Additionally, they offer several sub-modules that their customers may use as a part of their routine operations. Their products act as the nerve centre for e-commerce fulfilment operations of their clients, ensuring that the orders received from their clients’ end customers are processed correctly, efficiently and within timelines as per client needs. Their products aid in streamlining e-commerce operations for their clients and enables them to become a critical part of the supply chain stack of their clients.
  • They are India’s largest e-commerce enablement SaaS platform in the transaction processing or nerve centre layer, in terms of revenue for the financial years ended March 31, 2023, March 31, 2022 and March 31, 2021 (Source: Redseer Report). They are also the only profitable company among the top five players in this industry in India during Fiscal 2023 (Source: Redseer Report).
  • Their products are designed and regularly updated to meet these challenges and the business needs of various types and sizes of retail enterprises, both online and offline. They provide a modular suite of products with features developed over years for a variety of uses across industries, including inter alia, inventory management and visibility, management of orders across channels, timely order fulfilment and minimised cancellations, procurement and vendor management and returns management.
  • Their products also enable plug-and-play integrations that seamlessly connect other critical components of a client’s supply chain stack, such as their own apps/websites, marketplaces, logistics service providers, point of sales systems and financial/ERP systems for automated data exchange and for exchanging critical operating instructions with sales systems and financial/ERP systems of their clients to enable end-to-end automation. They have an extensive suite of technology and partner integrations, which, till March 31, 2024, comprises 131 Marketplaces and WebStore integrations, 101 Logistics Partner integrations and 11 ERPs, POS and other systems integrations.

Issue Size : Rs. 276.57 Crores

Issue break-up :

QIB – 75% of the offer – Rs. 207.43 Cr.
NIB – 15 % of the offer – Rs. 41.49 Cr.
RET – 10% of the offer – Rs. 27.66 Cr.

Listing : BSE & NSE

Registrar : Link Intime India Private Limited

UPI : All Retail & NII Bidders (bids up to Rs. 5,00,000) Applications through brokers are compulsorily in UPI Mode

Note:

Application made using third party UPI or ASBA Bank A/c are liable to be rejected.

The UPI Mandate acceptance time for Retail and NII Bidders (bids up to Rs. 5,00,000) shall expire at 5:00 PM on the closing day of the IPO i.e., Thursday, 8th August 2024.

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