Unicommerce eSolutions ₹276.57 crore IPO is entirely an offer for sale of 2.56 crore shares. The price band for Unicommerce IPO price band is set at ₹102 to ₹108 per share.

Unicommerce IPO Subscription Status

As of 4:16 pm on August 7, the subscription status stands at 11.18 times. The retail individual investor’s portion was oversubscribed by 33.57 times, while the non-institutional investor’s portion saw an oversubscription of 17.09 times. The qualified institutional buyers’ portion was subscribed 76%.

The IPO’s allocation structure reserves up to 75% of the shares for qualified institutional buyers, a minimum of 15% for non-institutional investors, and a minimum of 10% for retail investors.

Unicommerce IPO GMP

The Unicommerce IPO GMP currently stands at ₹50. This is a jump from the ₹45 reported earlier in the day. With the upper band of the IPO at ₹108, the stock is expected to list at ₹158, indicating around 46% premium on the listing. However, it’s important to note that while IPO GMPs can provide some insight into market sentiment towards an IPO, they are not always a reliable predictor of the stock’s performance upon listing.

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Unicommerce IPO Details

The Unicommerce IPO opened for subscription on Tuesday, August 6, and is set to close on Thursday, August 8. The minimum lot size for an application is 138 shares, requiring a minimum investment of ₹14,904 by retail investors. The allotment for the Unicommerce eSolutions IPO is expected to be finalised on Friday, August 9. The shares are tentatively scheduled to be listed on both the BSE and NSE, on Tuesday, August 13.

Before its IPO launch, the company successfully secured ₹124.5 crore from anchor investors on August 5. Notable participants in the anchor round include Morgan Stanley, HDFC Mutual Fund, SBI Mutual Fund, Kotak Mahindra Trustee, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Trustee, The Prudential Assurance Company, and Franklin India Technology Fund.

About Unicommerce Esolutions

Established in February 2012, Unicommerce eSolutions is a SaaS (software as a service) platform that provides comprehensive solutions for managing e-commerce operations for brands, sellers, and logistics providers. The company offers a range of software products designed to optimize post-purchase processes, including a warehouse and inventory management system, a multi-channel order management system, an omnichannel retail management system, and a seller management panel for marketplaces.

Additionally, it provides post-order services such as logistics tracking, courier allocation, and a payment reconciliation system. As of March 31, 2024, Unicommerce has 101 integrations with logistics partners and 11 integrations with ERPs, POS systems, and other platforms, ensuring a smooth and efficient operation of integrated supply chains for its clients.

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