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.
Unicommerce eSolutions IPO – Details
| IPO Opening Date | 06 August 2024 |
| IPO Closing Date | 08 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 2,56,08,512 Shares Worth ₹276.57 Crore Offer For Sale: 2,56,08,512 Shares Worth ₹276.57 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹102 – ₹108 per share |
| Market Lot | 138 Shares |
| Min Order | 138 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
Unicommerce eSolutions IPO – Date Schedule
| IPO Open Date | 06 August 2024 |
| IPO Close Date | 08 August 2024 |
| Basis of Allotment | 09 August 2024 |
| Initiation of Refund | 12 August 2024 |
| Credit of Shares to Demat Account | 12 August 2024 |
| IPO Listing Date | 13 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 08, 2024 |
Unicommerce eSolutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1794 | ₹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 |
Competitive Strengths
- Largest e-commerce enablement SaaS products platform in the transaction processing or nerve center layer, in terms of revenue for the financial year ended March 31, 2023 (Source: Redseer Report), acting as the nerve center for business operations of the clients;
- Comprehensive and modular suite of products with a wide range of plug-and-play integrations makes us an integral part of the client’s tech stack;
- Large, growing and diversified base of marquee Indian and global clients with long-term relationships and the capability to upsell or cross-sell new and additional products;
- Proprietary technology platform built for scalability and high adaptability to accommodate various uses across different industries;
- Consistent track-record of fast, profitable growth with strong cash flows over the past three financial years; and
- Strong governance practices, experienced management, and marquee investors.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 61.36 | 54.44 | 6.01 | – |
| 31 March 2023 | 92.97 | 84.11 | 6.47 | – |
| 31 March 2024 | 109.43 | 91.95 | 13.07 | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 17.36% |
| ROCE | 25.93% |
| RoNW | 18.98% |
| P/BV | 15.81 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 1.28 | 1.28 |
| P/E (x) | 84.59 | 84.59 |
Object Of The Issue
- 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 Peer Comparison
There are no listed companies that engage in a business similar to Unicommerce eSolutions Company. Accordingly, it is not possible to provide an industry comparison in relation to Unicommerce eSolutions Company.
Unicommerce eSolutions IPO Promoter Holding
| Pre Issue Share Holding | 48.63% |
| Post Issue Share Holding | 39.42% |
Unicommerce eSolutions IPO Prospectus
Company Contact Information
| Unicommerce eSolutions Limited 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/ |
Unicommerce eSolutions IPO Registrar
| 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 Lead Manager(s)
| 1. IIFL Securities Limited 2. CLSA India Private Limited |
Unicommerce eSolutions IPO FAQs
| What is Unicommerce eSolutions IPO? Unicommerce eSolutions IPO is a main-board IPO. The issue is priced at ₹102 to ₹108 per equity share. The IPO is to be listed on BSE & NSE. |
| When Unicommerce eSolutions IPO will open? The IPO is to open on 06 August 2024 for QIB, NII, and Retail Investors. |
| What is Unicommerce eSolutions IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| How to Apply the Unicommerce eSolutions IPO? You can apply Unicommerce eSolutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Unicommerce eSolutions IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Unicommerce eSolutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Unicommerce eSolutions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Unicommerce eSolutions IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Unicommerce eSolutions IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Unicommerce eSolutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Unicommerce eSolutions IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Unicommerce eSolutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Unicommerce eSolutions IPO Size? Unicommerce eSolutions IPO size is ₹276.57 Crore. |
| What is Unicommerce eSolutions IPO Price Band? Unicommerce eSolutions IPO Price Band is ₹102 to ₹108. |
| What is Unicommerce eSolutions IPO Minimum and Maximum Lot Size for retail? The minimum bid is 138 Shares with ₹14,904 amount while the maximum bid is 1,794 Shares with ₹1,93,752. |
| What is the Unicommerce eSolutions IPO Allotment Date? Unicommerce eSolutions IPO allotment date is 09 August 2024. |
| What is the Unicommerce eSolutions IPO Listing Date? Unicommerce eSolutions IPO listing date is 13 August 2024. The IPO is to be listed on BSE and NSE. |
