Unicommerce eSolutions Ltd IPO
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Unicommerce eSolutions Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 256.09 L | ₹ 256.09 L | ₹ 25.61 L | ₹ 608.31 L | BSE | ₹ 276.57 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 06 Aug, 24 | 08 Aug, 24 | 138 | ₹ 14,076 | Book Building | 13 Aug, 24 |
Unicommerce eSolutions Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Computers - Software - Medium |
| Sub Sector | Small |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 55.5x | 19206384 | 1065967062 |
| NII | 252.48x | 3841277 | 969847854 |
| Retail | 131.15x | 2560851 | 335844252 |
| Employee | 0x | 0 | 0 |
| Total | 92.61x | 25608512 | 2371659168 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Unicommerce eSolutions Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 19.88 | 9.44 | 7.37 |
| EBITDA | 22.28 | 10.02 | 7.82 |
| PAT | 13.08 | 6.48 | 6.01 |
| Total Assets | 88.64 | 70.94 | 26.86 |
| Share Capital | 6.06 | 0.19 | 0.19 |
| Total Borrowings | 74.03 | 32.29 | 3.38 |
| Operating Activities (Net Cash) | 15.48 | 7.06 | 6.46 |
| Investing Activities (Net Cash) | 6.01 | 6.02 | 0.00 |
| Financing Activities (Net Cash) | 74.03 | 32.29 | 3.38 |
| Net Cashflow | 1.32 | 26.81 | 14.56 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Unicommerce eSolutions Ltd
Unicommerce eSolutions Limited was originally incorporated as `Unicommerce eSolutions Private Limited' at New Delhi as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated February 2, 2012, issued by the Registrar of Companies, Delhi and Haryana (RoC). The Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by its Shareholders on December 19, 2023, and the name of the Company was changed to `Unicommerce eSolutions Limited'. A fresh certificate of incorporation dated December 26, 2023 consequent upon change of name on conversion to a public limited company was issued by the RoC.
The total addressable market (TAM) for players in the eCommerce enablement SaaS in the transaction processing or nerve centre layer was estimated at approximately US$ 1.2 billion in 2023. This growth is driven by the increasing market potential for core products in this layer, opportunity to broaden the product portfolio, and international expansion prospects in SEA and Middle East. Specifically, in India, the TAM for core products in transaction processing layer was approximately US$ 260 million in 2023.
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.
Peer Comparison:
- No Listed Industry Peers
Unicommerce eSolutions Ltd IPO Key Points
Strengths
- 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 client's 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.
Risk
- The company provide a comprehensive suite of products. If it fails to develop new products and innovate its products, the company's 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 company's business, financial performance, cash flows and prospects may be materially and adversely affected.
Strategy
- Continue to expand its India business.
- Drive expansion in current international markets and expand its global footprint over time.
- Enhancement of its existing SaaS products and building advanced features for more use cases.
- Investment in and development of its recently launched SaaS products and develop additional, complementary products to expand its portfolio of offerings.
- Continue track record of strong financial performance & expand Adjusted EBITDA Margin % with increased operating leverage.
- 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 client's 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.
How To Apply for Unicommerce eSolutions Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.