Unified Data-Tech Solutions IPO Will Open on May 22nd 2025

Mumbai. May 19, 2025 — Unified Data-Tech Solutions, a Mumbai-based IT services provider, is set to open its Initial Public Offering (IPO) on May 22. This marks the second largest SME IPO of the year after CapitalNumbers Infotech. The issue, entirely an offer-for-sale by promoter Hiren Rajendra Mehta, aims to raise ₹144.47 crore through the sale of 52.92 lakh equity shares at the upper end of the price band of ₹260–₹273 per share.

The IPO will not result in fresh capital for the company, as the entire proceeds from the issue will go to the selling shareholder. This means that the company itself will not receive any funds from this public offer.

The IPO will open for anchor investors on May 21, with the subscription window available to the public from May 22 to May 26. Allotment of shares is expected to be finalised by May 27, followed by a proposed listing on the BSE SME platform on May 29.

Company Overview and Valuation

Founded in 2010, Unified Data-Tech Solutions provides IT infrastructure services across various sectors including banking, finance, insurance, manufacturing, and IT-enabled services. The company has grown steadily over the years and is seeking a valuation of ₹548.46 crore through this IPO.

The minimum lot size for retail investors is 400 shares, amounting to ₹1,09,200 at the upper price band. High Net-worth Individuals (HNIs) must apply for at least two lots, totalling ₹2,18,400.

Financial Performance

Unified Data-Tech Solutions has reported strong financials in recent years. For the 11-month period ending February 28, 2025, the company posted a revenue of ₹203.66 crore and a net profit of ₹31.68 crore. This represents a noticeable improvement over the previous full financial year (FY24), where revenue stood at ₹266.80 crore with a net profit of ₹25.13 crore.

The company’s net worth increased to ₹95.73 crore as of February 2025, up from ₹64.04 crore in FY24. It reported zero borrowings during this period, indicating a debt-free status.

Key financial ratios as of March 31, 2024, reflect a healthy operational profile:

• Return on Equity (ROE): 48.81%
• Return on Capital Employed (ROCE): 52.55%
• Profit After Tax Margin: 9.65%
• Price to Book Value: 8.56

The pre-issue earnings per share (EPS) stood at ₹12.51, while the post-issue EPS is expected to rise to ₹17.20, with the price-to-earnings (P/E) ratio adjusting from 21.83x to 15.87x.

IPO Details at a Glance

The IPO of Unified Data-Tech Solutions will open on May 22, 2025, and close on May 26, 2025. The price band for the offer is set between ₹260 and ₹273 per share. Investors can bid in a lot size of 400 shares, requiring a minimum investment of ₹1,09,200 for retail applicants. This is a book-building issue with a total offer size of 52.92 lakh shares. The shares are proposed to be listed on the BSE SME platform. Hem Securities is acting as the lead manager to the issue, while KFin Technologies is the registrar. Hem Finlease Pvt. Ltd. has been appointed as the market maker for the IPO.

Timeline Highlights

• Anchor Investor Bidding: May 21, 2025
• Allotment Finalisation: May 27, 2025
• Refunds Initiated: May 28, 2025
• Shares Credited to Demat: May 28, 2025
• Listing Date: May 29, 2025

The IPO does not involve any fresh equity issuance, and consequently, the company’s shareholding pattern will change post-listing. Promoters’ combined stake will drop from 86.73% to 60.39% after the offer.

For further details, investors can refer to the company’s Red Herring Prospectus (RHP) filed with the exchange.

Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. Please read the offer documents carefully before investing. Investments are subject to market risks and other risks. There is no guarantee of the actual returns that will be given.