IPO Details
Bidding Dates
06 Aug '24 - 08 Aug '24
Minimum Investment
₹14,904 / 1 Lot ( 138 Shares )
Price Range
₹102 - ₹108
Maximum Investment
₹193,752 / 13 Lot ( 1794 Shares )
Retail Discount
Not Applicable
Issue Size
₹276.57 Cr
Investor category and sub category
Qualified Institutional Buyers | Retail Individual Investors | Non-institutional Investors |Unicommerce IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Aug 6, 2024
IPO Closing Date
Aug 8, 2024
Allotment Date
Aug 9, 2024
Initiation of Refunds
Aug 12, 2024
Credit of Shares
Aug 12, 2024
Listing Date
Aug 13, 2024
UPI mandate Cut-Off
Aug 8, 2024
Unicommerce eSolutions IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1Aug 6, 2024 |
0.00x | 2.27x | 10.24x | 2.48x |
Day 2Aug 7, 2024 |
0.80x | 19.59x | 36.12x | 12.35x |
Day 3Aug 8, 2024 |
138.75x | 252.46x | 130.99x | 168.35x |
About Unicommerce eSolutions Limited
Unicommerce eSolutions Limited is a leading e-commerce enablement Software-as-a-Service (SaaS) platform specialising in transaction processing. The company provides a comprehensive suite of solutions designed to manage the entire e-commerce operation for brands, sellers, and logistics service providers.
The platform offers several key products: the Warehouse and Inventory Management System (WMS), Multi-Channel Order Management System (OMS), Omni-Channel Retail Management System (Omni-RMS), and additional services like UniShip and UniReco. These tools help businesses efficiently manage inventory, orders, and logistics across various sales channels.
WMS is tailored for dynamic retail needs, supporting operations such as inventory processing, storage, and order fulfillment. OMS integrates inventory management across multiple channels, optimising logistics and reducing manual processing. Omni-RMS centralises offline and online sales, enhancing inventory visibility and fulfillment efficiency.
UniShip provides advanced post-order tracking and courier allocation, improving customer experience. UniReco automates payment reconciliation, reducing errors and resource wastage.
Unicommerce's products are designed to address the complexities of e-commerce operations, from inventory management to order fulfillment. The platform's modular approach allows businesses to use various products based on their needs, integrating seamlessly with other systems like marketplaces, logistics partners, and financial tools.
As India’s largest e-commerce enablement SaaS provider by revenue, Unicommerce serves a diverse client base, including direct-to-consumer brands, e-commerce retailers, and third-party logistics providers. The company’s solutions cater to various sectors, such as fashion, electronics, FMCG, and more, ensuring that clients can scale their operations efficiently.
Industry Outlook:
- India’s e-commerce market is expected to reach USD 140 billion by 2027, growing at 23% annually. The SaaS market is set to grow from USD 12 billion in FY2023 to USD 38 billion by FY2027 at over 33% annually. This growth presents significant opportunities for Unicommerce eSolutions Limited to expand its e-commerce solutions.
- India’s private consumption is projected at USD 2.2 trillion for FY2024, with steady growth expected. Increased consumer spending boosts demand for efficient e-commerce operations, aligning well with Unicommerce’s comprehensive product offerings.
- Faster delivery times and growing digital payment adoption, including UPI, drive demand for advanced e-commerce solutions. Unicommerce’s products, like UniShip and UniReco, are designed to address these needs, ensuring efficient order management and payment reconciliation.
Unicommerce eSolutions IPO Objectives
The company will not receive any funds from the Offer (the "Offer Proceeds"). Instead, all proceeds will be allocated to the selling shareholders based on the number of offered shares they sell.
Peer Details
Unicommerce eSolutions lacks listed industry peers in India and abroad, making it challenging to benchmark and evaluate its financial performance against other operators in the same industry.
How to Check the Allotment Status of the Unicommerce eSolutions Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the Individual order details page of the IPO that you had applied for.
- Check the IPO allotment status. As such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.
Contact Details of Unicommerce eSolutions Limited IPO
- Registered office: Mezzanine Floor, A-83, Okhla Industrial Area, Ph-II, New Delhi 110 020, India
- Phone: +91 9311749240
- E-mail: complianceofficer@unicommerce.com
IPO Financials
| Particulars | For the year ended 31 March 2024 | For the year ended 31 March 2023 | For the year ended 31 March 2022 |
|---|---|---|---|
| Revenue From Operations (in ₹ million) | 1,035.81 | 900.58 | 590.32 |
| Net worth (in ₹ million) | 689.14 | 518.92 | 413.70 |
| Profit After Tax (PAT) (in ₹ million) | 130.78 | 64.76 | 60.10 |
| Cash & Cash Equivalents (in ₹ million) | 12.73 | 267.55 | 18.36 |
| Return on Net Worth (%) | 18.98 | 12.48 | 14.53 |
| EBITDA (in ₹ million) | 144.17 | 65.30 | 50.39 |
| Return on Equity (%) | 17.36 | 13.89 | 16.11 |
Know before investing
Strengths
6-
Unicommerce is India's largest e-commerce enablement SaaS platform, managing end-to-end e-commerce operations for clients.
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Unicommerce is the only profitable company among the top five e-commerce SaaS players in India for Fiscal 2023.
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As of March 31, 2024, the company processes 791.63 million order items annually for 795 enterprise clients and 2,707 SMB (Small and Midsize Business) clients.
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The e-commerce SaaS market for Unicommerce is growing, with a total addressable market of $1.2 billion in 2023, and this is expected to increase in coming years.
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Unicommerce's products offer comprehensive solutions with a wide range of plug-and-play integrations, simplifying e-commerce operations and improving efficiency.
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The company has a large and diverse client base, including D2C brands and global clients, with ongoing opportunities for upselling and cross-selling new products.
Risks
6-
Failure to innovate or develop new products could harm Unicommerce eSolutions Limited's business, financial performance, and market position.
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The inability to attract or retain clients may negatively impact revenue growth and profitability.
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Performance issues or interruptions with products could lead to client dissatisfaction and affect financial results.
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Increased competition in the SaaS market could erode market share and impact business and profitability.
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The lack of direct industry peers makes it challenging to benchmark and evaluate financial performance accurately.
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Reliance on the growth of the e-commerce industry in India means the business could suffer if e-commerce adoption stalls or declines.
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Unicommerce eSolutions IPO FAQs
Unicommerce eSolutions IPO is a book-built issue IPO. It will be open from August 6, 2024 to August 8, 2024.
The Basis of Allotment will happen on Friday, August 9, 2024.
The IPO subscription window will open on August 6, 2024.
The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 138 shares.
The listing date for Unicommerce eSolutions Limited is Tuesday, August 13, 2024.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
