Unified Data-Tech Solutions Limited launched its initial public offering (IPO) today to raise over Rs 140 crore from the primary market.
It is the second biggest SME IPO of the year after the public offer of CapitalNumbers Infotech, a 169.37-crore SME issue that was launched in January and was subscribed 134.62 times. CapitalNumbers Infotech Limited shares were listed on the BSE SME platform at Rs 274 per share, representing a 4.18% premium to the issue price of Rs 263 per share.
Here’s all you need to know about the Unified Data-Tech Solutions IPO including the price band, offer size details, latest grey market premium, day 1 subscription status, and a lot more.
Unified Data-Tech Solutions IPO: Price Band, Lot Size, Important Dates
The Unified Data-Tech Solutions IPO is a book-building issue worth Rs 144.47 crore. It comprises entirely an offer-for-sale (OFS) of 52.92 lakh shares by promoter Hiren Rajendra Mehta. The company will not receive any money from the IPO. The price band for the IPO is set between Rs 260 to Rs 273 per share.
Retail investors can invest in the IPO with a minimum lot size of 400 shares, aggregating to at least Rs 1,09,200. High Net Worth Individuals (HNIs) can apply for at least two lots, or 800 shares, amounting to an investment of Rs 2,18,400.
A maximum of 50% of the net offer is reserved for Qualified Institutional Buyers (QIBs). At least 35% of the net offer is reserved for retail investors. A minimum of 15% of the net offer will be allotted to Non-Institutional Investors (NIIs).
Hem Securities Ltd. is the book-running lead manager of the Unified Data-Tech IPO. Kfin Technologies Ltd. is the registrar and Hem Finlease Pvt. is the market maker for the IPO.
For more details, read the company’s Red Herring prospectus document here.
The Unified Data-Tech Solutions IPO will remain open for subscription from May 22 to May 26. The Unified Data-Tech Solutions IPO share allotment status is expected to be finalised on May 27. For successful bidders, the shares will be transferred to their Demat accounts on May 28, while refunds will be initiated for others the same day as well.
Unified Data-Tech Solutions IPO Listing Date
Shares of Unified Data-Tech Solutions are scheduled to be listed on the BSE SME platform on May 29.
Unified Data-Tech Solutions IPO: Day 1 Subscription Status
The IPO was subscribed 2.68 times on Thursday.
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Qualified Institutions: 1.49 times
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Non-Institutional Buyers: 3.21 times
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Retail Investors: 3.21 times
The subscription status will be updated at regular intervals.
Unified Data-Tech Solutions IPO GMP Today
The latest grey market premium of the Unified Data-Tech Solutions IPO was Rs 100 as of 5:59 p.m., according to InvestorGain. This implies shares of the company will likely list at Rs 373 apiece, indicating a 36.63% premium to the upper end of the price band.
It should be noted that GMP or grey market price is not an official price quote for the stock and is based on speculation.
All About Unified Data-Tech Solutions
Unified Data-Tech Solutions Business And Financials
Unified Data-Tech Solutions is an IT services provider. It provides services for networking and security, data centre infrastructure and hybrid cloud solutions. It was established in 2010 and has served over 1,000 clients.
The company reported a 141.54% year-on-year (YoY) rise in profit after tax (PAT) to Rs 25.12 crore in FY24 from Rs 10.4 crore in FY23. Revenue from operations increased 135.66% YoY to Rs 260.38 crore in FY24 from Rs 110.49 crore in FY23. For the 11 months ending on Feb. 28, 2025, it reported a PAT of Rs 31.68 crore and revenue from operations of Rs 194.59 crore.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
. Read more on IPOs by NDTV Profit.The latest grey market premium of the Unified Data-Tech Solutions IPO was Rs 100, indicating a 36.63% premium to the upper end of the price band. Read MoreIPOs
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