Unicommerce eSolutions is launching its Initial Public Offering (IPO) from August 6, 2024, to August 8, 2024, with the shares set to be listed on Tuesday, August 13, 2024. The face value of each share is ₹1, and the price band is set between ₹102 and ₹108 per share. Investors can place bids for a lot size of 138 shares.
The total issue size of the Unicommerce eSolutions IPO is 25,608,512 shares, which aggregates up to ₹276.57 crore. This IPO consists entirely of an offer for sale of 25,608,512 shares, amounting to ₹276.57 crore.
The IPO timetable includes key dates such as the opening on August 6, 2024, and closing on August 8, 2024. The basis of allotment will be determined on August 9, 2024, followed by the initiation of refunds and credit of shares to Demat accounts on August 12, 2024. The shares will be listed on the stock exchange on August 13, 2024.
For investors, the minimum bid is 138 shares, requiring an investment of ₹14,904. Retail investors can invest up to a maximum of 13 lots, totaling 1,794 shares, which amounts to ₹1,93,752. This allows both retail investors and High Net Worth Individuals (HNIs) to participate by bidding for multiple lots within the specified range.
Unicommerce eSolutions, established in February 2012, is a leading Software-as-a-Service (SaaS) platform specializing in e-commerce enablement, particularly in transaction processing. The company offers comprehensive solutions for managing e-commerce operations from end to end, catering to brands, sellers, and logistics service providers. Its suite of SaaS products helps streamline post-purchase processes, including warehouse and inventory management, multi-channel order management, omni-channel retail management, seller management for marketplaces, logistics tracking and courier allocation, and payment reconciliation.
Unicommerce provides a range of key products, including:
These solutions facilitate efficient order processing, ensuring timely and accurate handling of operations for their clients.
Unicommerce serves diverse sectors such as fashion, electronics, home and kitchen, FMCG, beauty, sports, fitness, nutrition, health, pharma, and third-party logistics. Notable clients include Lenskart, SupperBottoms, Zivame, Chumbak, Paragon, PharmEasy, XpressBees, Shiprocket, Mamaearth, Sugar Cosmetics, and Cello. Since the fiscal year 2023, Unicommerce has expanded its international footprint, now serving 43 enterprise clients across 7 countries, mainly in Southeast Asia and the Middle East.
In December 2023, Unicommerce eSolutions Pvt. Ltd transitioned to a public limited company, rebranding as Unicommerce eSolutions Ltd. Its promoters include AceVector Ltd (formerly Snapdeal Ltd), Starfish I Pte. Ltd., Kunal Bahl, and Rohit Kumar Bansal. The company operates as a comprehensive e-commerce enablement SaaS platform, supporting a wide range of clients, including D2C brands, brand aggregators, traditionally offline brands, retailers, marketplaces, logistics players, and SMBs.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.