Unicommerce eSolutions Ltd

Unicommerce eSolutions Ltd IPO

IPO Price Range: ₹102 - 108

Unicommerce eSolutions Limited provides e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve centre layer1 that enables end-to-end management of e-commerce operations for brands, sellers and logistics service provider firms. Its SaaS products, such as the warehouse and inventory management system, multi-channel order management system, omnichannel retail management system, and seller management panel, allow its clients to undertake key business activities to enable their e-commerce fulfilment operations to be undertaken on behalf of their customers, allowing its clients to efficiently manage their journey of post-purchase e-commerce operations.

Min Investment

₹14,904

IPO Size

₹276 Cr

IPO Status

Closed

Quantity in 1 Lot

138

Max Bid allowed

13

Listing Exchange

NSE

IPO Application Timeline of Unicommerce eSolutions Ltd

Open Date6 Aug 2024
Close Date8 Aug 2024
Allotment Date9 Aug 2024
Listing Date13 Aug 2024

IPO subscribed over

🚀 168.39x

This IPO has been subscribed by 131.15x in retail and 138.75x in QIB.

Subscription Rate

Total Subscription168.39x
Retail Individual Investors131.15x
Qualified Institutional Buyers138.75x
Non Institutional Investors252.48x

Key Statistics

Bid Opening DateBid Opening Date6 Aug 2024
Bid Closing DateBid Closing Date8 Aug 2024
Allotment DateAllotment Date9 Aug 2024
Issue SizeIssue Size₹276.57Cr
Quantity in 1 lotQuantity in 1 lot138

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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.

Promoters Holding

Investors Holdings %
Acevector Ltd37.88%
Starfish I Pte Ltd0%
Kunal Bahl10.75%
Rohit Kumar Bansal0%

About Unicommerce eSolutions Ltd

OrganisationUnicommerce eSolutions Ltd
HeadquartersNew Delhi
IndustryIT - Software

Frequently Asked Questions

  • What is the size of the Unicommerce eSolutions Ltd IPO?

    The size of the Unicommerce eSolutions Ltd IPO is ₹276.57Cr .

  • What is 'pre-apply' for Unicommerce eSolutions Ltd IPO?

    'Pre-apply' for Unicommerce eSolutions Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Unicommerce eSolutions Ltd IPO order be placed?

    Your Unicommerce eSolutions Ltd IPO order will be placed on 6 Aug 2024.

  • What are the open and close dates of the Unicommerce eSolutions Ltd IPO?

    The open and close dates of the Unicommerce eSolutions Ltd IPO are 6 Aug 2024 to 8 Aug 2024.

  • What is the lot size and minimum order quantity of the Unicommerce eSolutions Ltd IPO?

    The lot size and minimum order quantity of the Unicommerce eSolutions Ltd IPO are 138 and 138 respectively.

  • What would be the listing gains on the Unicommerce eSolutions Ltd IPO?

    The potential listing gains on the Unicommerce eSolutions Ltd IPO will depend on various market factors and cannot be predicted with certainty.

Key Highlights

  • Product Range: Comprehensive suite of e-commerce management software.
  • Integration Capabilities: Over 101 logistics partner integrations and 11 ERP/POS system integrations as of March 31, 2024.
  • Order Processing: Processed 791.63 million order items through its Order Management System (OMS) as of March 31, 2024.
  • Diverse Clientele: Serves various sectors such as fashion, electronics, home and kitchen, FMCG, beauty, sports, and more.
  • Global Reach: Expanded international client base with 43 enterprise clients in 7 countries as of March 31, 2024.
  • Employee Base: 312 employees as of March 31, 2024.

IPO Objectives

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.

Key Financial Results (₹ in Crores)

YearRevenueRevenue Change (%)PATPAT Change (%)
2024109.4317.71%13.08101.95%
202392.9751.51%6.487.81%
202261.36-6.01-