IPO Details
Bidding Dates
06 Aug 24 - 08 Aug 24
Price Range ₹
102 - 108
Total Equity
₹ 152.11Cr
Lot Size
138
Exchange Status
NSE,BSE
IPO Doc
Subscription Rate
Non-Institutional Investor
131.15×
Qualified Institutional Buyers
138.75×
Employees
0.00×
Retail Investors
131.15×
Total subscription Rate
168.39×
IPO Timeline
Offer start
06 Aug 2024
Offer end
08 Aug 2024
Allotment
09 Aug 2024
Refund initiation
12 Aug 2024
Demat transfer
12 Aug 2024
Listing
13 Aug 2024
Offer start
06 Aug 2024
Offer end
08 Aug 2024
Allotment
09 Aug 2024
Refund initiation
12 Aug 2024
Demat transfer
12 Aug 2024
Listing
13 Aug 2024
About Company
Unicommerce eSolutions Limited, established in February 2012, is a SaaS platform specializing in managing e-commerce operations for brands, sellers, and logistics providers. The company offers various software products to streamline post-purchase e-commerce operations. These products 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 boasts extensive technology and partner integrations. As of March 31, 2024, the company had 101 logistics partner integrations and 11 integrations with ERPs, POS systems, and other systems, ensuring a seamless integrated supply chain for clients. By March 31, 2024, Unicommerce processed 791.63 million order items through its Order Management System (OMS) and integrated with 131 marketplaces and web store software for automated order information flow. The company's clientele covers 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, Zivami, Chumbak, Paragon, PharmEasy, XpressBees, Shiprocket, Mamaearth, Sugar Cosmetics, and Cello. Since fiscal year 2023, Unicommerce has expanded its international client base, serving 43 enterprise clients in 7 countries, mainly in Southeast Asia and the Middle East, as of March 31, 2024. The company had 312 employees across various departments as of that date.
Year Founded
02-02-2012
Promotor Details
Manoj Kumar Kohli
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 59.38 | 0 |
| Share Capital | 60831366 | 0 |
Offer to Public
1,40,84,681.00 Cr
Highlights
- As the largest e-commerce enablement SaaS platform, they are positioned as a central hub for client operations, providing a vital role in their business processes.
- Their modular and integrated products make them an indispensable part of their clients' technology ecosystems, allowing for easy integration and scalability.
- With a growing roster of prestigious clients both in India and internationally, they have established long-term relationships that provide opportunities for upselling and cross-selling.
- Their consistent track record of rapid and profitable growth, coupled with strong cash flows, demonstrates their financial strength and stability.
- Supported by strong governance practices and a seasoned management team, along with backing from prominent investors, they are well-equipped to execute their strategic initiatives successfully.
Challenges
- The company’s success heavily relies on its ability to develop new products and innovate existing ones. Failure to do so could negatively impact its business, operating results, financial performance, cash flows, and growth prospects.
- The company’s revenue growth and profitability are contingent on maintaining existing clients and attracting new ones. Any inability to retain clients or secure new business could adversely affect its financial performance.
- The company’s growth is closely linked to the e-commerce industry's growth in India. Any unfavorable changes in the industry could hinder its business operations and expansion.
- Despite not having direct listed industry peers, the company faces significant competition. Losing market share to competitors could adversely affect its business operations, financial condition, and cash flows.
- A substantial portion of the company’s business is dependent on certain large clients and the dropship volumes they manage. Changes in these clients' business arrangements or strategies could adversely impact the company’s revenue, profitability, and growth.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 5,76,044.75 | 1,887.80 | 60,103.32 | 60,103.32 | 1.0293 |
| 2021 | 4,53,843.06 | 1,887.80 | 44,785.06 | 44,785.06 | 0.767 |
| 2023 | 7,96,124.70 | 1,887.80 | 64,764.44 | 64,764.44 | 1.1091 |
