Unicommerce eSolutions IPO Share Allocation: Check Status, GMP, Listing Date & Other Details

The allotment of Unicommerce eSolutions IPO shares is likely to be finalized today or tomorrow morning. Investors will be allotted shares on a random basis and the entire process was supervised by the registrar. On the allotment date, investors will come to know about the number of shares allotted to them as against the bids made.

You can check the status of your allotment through BSE or by visiting the registrar’s website. Here’s how you can check the status on BSE or even on the registrar’s website.

First of all, here is how you can know the status on BSE

Step 1: Visit BSE website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Select the Issue Name, i.e. Company Name from the drop-down list. Step 3: Enter the Application Number or PAN number to check the allotment status. To check the allotment status of Unicommerce eSolutions IPO through the registrar, which in this case is Link Intime India, follow the steps below. Step 1: Visit the Link Intime India website (https://linkintime.co.in/initial_offer/public-issues.html)

Step 2: Select Unicommerce eSolutions IPO

Step 3: Enter your PAN details and click Search to check the status
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GMP e-commerce solutions
The company’s shares are expected to go public on August 13. According to market sources, Unicommerce eSolutions is trading at a GMP of Rs 55 in the private market, which means a premium of 51% over the issue price.

Unicommerce eSolutions subscription
The Unicommerce eSolutions IPO was met with a huge response from investors. The total number of subscriptions at the end of the session was over 160, which was the result of great interest from institutional and non-institutional investors.

As the IPO is a fully open offering, the company will not receive any of the proceeds from the issue.

Unicommerce eSolutions is a software-as-a-service (SaaS) platform that enables e-commerce. The company’s suite of SaaS solutions enables comprehensive management of e-commerce operations for brands, retailers, marketplaces, and logistics providers.

It serves a large and growing number of notable clients in India including Lenskart, Fabindia, Zivame, TCNS, Mamaearth, Emami, Sugar, boAt, Portronics, Pharmeasy, GNC, Cello, Urban Company, Mensa, Shiprocket, Xpressbees and others.

Apart from India, Unicommerce also has customers in six other countries, mainly in Southeast Asia and the Middle East.

For fiscal 2024, the company’s revenue grew 14% year-on-year to Rs 103 crore, while net profit rose to Rs 13 crore from just Rs 6.4 crore in the previous fiscal.

IIFL Securities and CLSA India are the lead managers for the issue, while Link Intime India is the registrar for the offer.

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