Unicommerce E Solutions IPO to Open from August 6

Incorporated in February 2012, Unicommerce eSolutions Limited is a Software-as-a-Service (SaaS) platform that specializes in managing e-commerce operations for brands, sellers, and logistics providers. The company offers a wide range of software products designed to streamline and optimize post-purchase e-commerce processes. These 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. Unicommerce eSolutions aims to enhance operational efficiency and customer satisfaction for businesses engaged in e-commerce.

Unicommerce eSolutions IPO Details

Unicommerce eSolutions Limited is set to launch its Initial Public Offering (IPO) as a book-built issue valued at Rs 276.57 crores. This IPO is entirely an offer for the sale of 2.56 crore shares, providing investors with an opportunity to buy into a company that has established itself as a critical player in the e-commerce management space. The IPO will be open for subscription from August 6, 2024, to August 8, 2024. The allotment is expected to be finalized on Friday, August 9, 2024, with the shares set to list on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Tuesday, August 13, 2024.

The price band for the Unicommerce eSolutions IPO is set at Rs.102 to Rs.108 per share. IIFL Securities Ltd and CLSA India Private Limited are the book-running lead managers for the IPO, ensuring that the issue is marketed and managed effectively. Link Intime India Private Ltd is the issue’s registrar.

Financials

Conclusion: Unicommerce eSolutions Limited’s upcoming IPO is a notable development in the company’s trajectory. As it prepares to go public. The IPO is set to open for subscription from August 6th to August 8th and the shares are set to list on August 13, 2024.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.