IPO Price Range: ₹102 - 108
Min Investment
₹14,904
IPO Size
₹276 Cr
IPO Status
Quantity in 1 Lot
138
Max Bid allowed
13
Listing Exchange
NSE
IPO subscribed over
🚀 168.39x
This IPO has been subscribed by 131.15x in retail and 138.75x in QIB.
Total Subscription | 168.39x |
Retail Individual Investors | 131.15x |
Qualified Institutional Buyers | 138.75x |
Non Institutional Investors | 252.48x |
Bid Opening Date | 6 Aug 2024 |
Bid Closing Date | 8 Aug 2024 |
Allotment Date | 9 Aug 2024 |
Issue Size | ₹276.57Cr |
Quantity in 1 lot | 138 |
Largest e-commerce enablement SaaS products platform, acting as the nerve centre for business operations of its clients.
Comprehensive and modular suite of products with a wide range of plug-and-play integrations makes us an integral part of its clients 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.
Strong governance practices, experienced management, and marquee investors.
The company provide a comprehensive suite of products. If it fails to develop new products and innovate its products, the companys business, operating results, financial performance, cash flows and prospects may be materially and adversely affected.
If the company is unable to maintain its existing clients or attract new clients, its revenue growth and profitability may be adversely affected.
If there are interruptions or performance problems associated with its products leading to client dissatisfaction, the companys business, financial performance, cash flows and prospects may be materially and adversely affected.
Its business and growth are correlated with the growth of the ecommerce industry in India. Any change in the nature of the ecommerce industry in India will adversely affect its growth and business operations.
The company faces competition from and could lose market share to its competitors, which could adversely affect the companys business, results of operations, financial condition and cash flows.
The Company does not have any listed industry peers in India or abroad and it may be difficult to benchmark and evaluate its financial performance against other operators who operates in the same industry as the company.
Its success depends, in part, on the company ability to expand use of its products by clients globally and accordingly, the companys business is susceptible to risks associated with international operations.
Its business depends on the company clients continuing to use its products with minimum usage commitments and purchasing additional subscriptions from it. Any decline in its client retention would harm the company future operating results.
The company has had negative cash flows from operating, investing, and financing activities in the past and may, in the future, experience similar negative cash flows.
A portion of its business is dependent on the dropship volumes of the company clients. Any difference in arrangement of its clients for managing their dropship operations will adversely affect its business operations, financial performance and cash flows.
Investors | Holdings % |
Acevector Ltd | 37.88% |
Starfish I Pte Ltd | 0% |
Kunal Bahl | 10.75% |
Rohit Kumar Bansal | 0% |
Organisation | Unicommerce eSolutions Ltd |
Headquarters | New Delhi |
Industry | IT - Software |
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.
Year | Revenue | Revenue Change (%) | PAT | PAT Change (%) |
2024 | 109.43 | 17.71% | 13.08 | 101.95% |
2023 | 92.97 | 51.51% | 6.48 | 7.81% |
2022 | 61.36 | - | 6.01 | - |