Unicommerce eSolutions Limited is launching an IPO to sell 2.58 crore shares worth INR 276.57 crores. The company will not receive any proceeds as all proceeds go to selling shareholders proportionately.
Unicommerce eSolutions IPO – Important Dates
Unicommerce eSolutions Limited IPO Date | August 6, 2024 to August 8, 2024 |
Unicommerce eSolutions Limited IPO Listing Date | August 13, 2024 |
Unicommerce eSolutions Limited IPO Price | INR 102-108 per share |
Unicommerce eSolutions Limited IPO Lot Size | 138 Shares |
Unicommerce eSolutions Limited IPO Total Issue Size | INR 276.57 crores |
Unicommerce eSolutions Limited IPO Basis of Allotment | August 9, 2024 |
Unicommerce eSolutions Limited IPO Initiation of Refunds | August 12, 2024 |
Unicommerce eSolutions Limited IPO Credit of Shares to Demat | August 12, 2024 |
Unicommerce eSolutions Limited IPO Issue Type | Book Built Issue IPO |
Unicommerce eSolutions Limited IPO Listing At | BSE NSE |
Unicommerce eSolutions Limited IPO – Company Profile
Unicommerce eSolutions Limited is an e-commerce enablement SaaS platform offering solutions for warehouse, order, and retail management, logistics, and payment reconciliation, streamlining operations, and integrating into clients’ supply chains.
Their products, updated regularly, offer modular, configurable solutions for diverse retail and e-commerce needs, including inventory, order, and returns management. They cater to various industries and sizes, adapting to client workflows and market changes.
Providing a suite of modular SaaS products, the company streamlines e-commerce operations with solutions like WMS, OMS, Omni-RMS, seller management, UniShip, and UniReco, integrating seamlessly across various retail and logistics sectors.
Unicommerce eSolutions Ltd IPO Fundamental Analysis
Unicommerce eSolutions Limited’s financial analysis reveals a mixed performance. Revenue has grown significantly, increasing equity, improved profitability, higher EPS, and enhanced RoNW. Total assets and liquidity indicate business growth and more robust financial health.
- Revenue Trend: The revenue increased from ₹590.32 million in March 2022 to ₹900.58 million in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 1,035.81 million.
- Equity and Liabilities: Both equity and liability have shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹60.10 million in March 2022 to ₹130.78 million by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹0.55 in March 2022 to ₹1.16 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 14.53% to 18.98%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Unicommerce eSolutions IPO Financial Analysis
Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
Revenue (₹ in millions) | 590.32 | 900.58 | 1,035.81 |
Equity (₹ in millions) | 413.70 | 518.92 | 689.14 |
Expenses (₹ in millions) | 544.46 | 841.11 | 919.55 |
Profit and Loss After Tax (₹ in millions) | 60.10 | 64.76 | 130.78 |
Diluted EPS only (₹) | 0.55 | 0.58 | 1.16 |
Return on Net Worth (%) | 14.53 | 12.48 | 18.98 |
NAV per Equity Share (₹) | 4.10 | 5.14 | 6.83 |
Total Assets (in millions) | 590.34 | 817.40 | 1,091.13 |
Total Liabilities (in millions) | 176.64 | 298.48 | 401.99 |
Current Ratio (in times) | 1 .74 | 2 .97 | 3 .01 |
Unicommerce eSolutions Limited IPO Peer Comparison
There are no listed companies in India or abroad whose business portfolio is comparable with that of Unicommerce eSolutions Limited’s business and similar to their scale of operations. Hence, it is impossible to provide an industry comparison concerning their company.
Unicommerce eSolutions Ltd IPO Objective
The main objective of Unicommerce eSolutions Limited clarifies that it will not receive any proceeds from the Offer; instead, all proceeds will be distributed to the selling shareholders based on their offered shares.
Unicommerce eSolutions IPO Risks And Challenges
Unicommerce eSolutions Limited’s risk includes the need for continuous innovation to remain competitive. Failure to advance technology or adapt to market trends could adversely affect their market position, growth, and financial performance amid evolving e-commerce dynamics.
- Their ability to remain competitive hinges on continuous innovation and development of their products, including UniShip and UniReco. Failure to advance technology and introduce new features could negatively impact their market position and financial performance.
- Their future success hinges on effectively adapting to customer trends and evolving demands. Failure to innovate, meet client needs, or manage competition may negatively impact their growth, financial performance, and client engagement.
- As India’s largest e-commerce enablement SaaS platform, its revenue depends on e-commerce growth and transaction volumes. They must innovate continually to stay competitive amid risks like low internet penetration and cybersecurity concerns, affecting their business prospects.
Unicommerce eSolutions Ltd IPO – Industry & Market Potential
Traditional retail in India, dominated by small “Kiranas,” faces challenges like limited variety and high prices. With eCommerce growing ~23% annually to reach US$140 billion by 2027, digital solutions for supply chains offer substantial growth opportunities.
The volume of shipments in India is projected to exceed 12 billion by 2027, with dropship shipments rising from 47% in 2023 to 65%. The increasing demand for convenience and accuracy drives the need for e-commerce enablement SaaS solutions.
With the warehousing industry in India expanding from 170 million square feet in 2018 to 320-350 million square feet in 2023 and projected to reach US$ 95 billion by 2027, digital solutions are essential for managing the growing complexity and demand.
Unicommerce eSolutions Limited IPO – Type of Offer
Unicommerce eSolutions Limited is coming up with an offer to sell 2.58 crore existing shares. The following is the detail of the existing shareholder who is also the promoter selling the shares:
AceVector Limited (formerly known as Snapdeal Limited) | 9,438,272 |
Unicommerce eSolutions IPO Offer Size
The offer size of Unicommerce eSolutions Limited is INR 276.57 crores, consisting of an offer to sell 2.58 crore shares. The company will not receive any proceeds as all proceeds go to selling shareholders proportionately.
Unicommerce eSolutions Limited IPO Allotment Structure
Unicommerce eSolutions Limited’s allocation will be as follows: 75% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 10% for Retail Individual Investors (RII) according to SEBI regulations.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 75% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 10% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
How to apply for the Unicommerce eSolutions IPO?
To apply for the Unicommerce eSolutions Limited IPO through Alice Blue, you would typically follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Unicommerce eSolutions Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Unicommerce eSolutions Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Unicommerce eSolutions IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Unicommerce eSolutions Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Unicommerce eSolutions Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended that you contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Unicommerce eSolutions Limited IPO:
● Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the Unicommerce eSolutions Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Unicommerce IPO Offer Registrar
The registrar for the Unicommerce eSolutions Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Link Intime India Private Limited
C-101, 247 Park, 1st Floor
L.B.S. Marg, Vikhroli
West Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Website: www.linkintime.co.in
Unicommerce eSolutions IPO – FAQs
The allotment date of the Unicommerce eSolutions Limited IPO is August 7, 2024.
The price band of the issue is INR 102-108 per share.
The offer size of Unicommerce eSolutions Limited is INR 276.57 crores, consisting of an offer to sell 2.58 crore shares. The company will not receive any proceeds as all proceeds go to selling shareholders proportionately.
The listing date of Unicommerce eSolutions Limited’s IPO is August 13, 2024.