SaaS/E-commerce Tech - Listed on 13 August 2024
Unicommerce eSolutions (SaaS/E-commerce Tech) closed its IPO window in 2024 and listed on NSE and BSE on 13 August 2024 at an upper band issue price of Rs 108, opening at Rs 235 for a listing gain of +117.6% and closing day one at Rs 210.08 (+94.5% on closing basis). The IPO was subscribed 168.31x overall - QIB 138.75x, HNI/NII 252.43x, Retail 130.82x. The total issue size was Rs 276.57 Cr (Fresh Issue Rs 276.57 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
SaaS/E-commerce Tech
Unicommerce eSolutions operates in the SaaS/E-commerce Tech space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Unicommerce eSolutions issue was offered at an upper price of Rs 108 and raised approximately Rs 276.57 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 27 | +55.56% |
| Day 2 | Rs 27 | +50.93% |
| Day 3 | Rs 28 | +43.52% |
| Day 4 | Rs 25 | +32.41% |
| Day 5 | Rs 35 | +23.15% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Unicommerce eSolutions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Unicommerce eSolutions IPO listed at +117.6% versus the upper issue price of Rs 108 on 13 August 2024.
Unicommerce eSolutions IPO was subscribed 168.31x overall. QIB portion was subscribed 138.75x, HNI / NII 252.43x and Retail 130.82x.
IPO GMP started at Rs 27 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.