Unicommerce, an e-commerce SaaS platform, reported a 3% revenue increase to Rs 27.4 crore and a 22% profit jump to Rs 3.5 crore in Q1 FY25. The Gurugram-based company’s IPO was oversubscribed by 168 times, with shares now trading at Rs 221.97.
E-commerce SaaS platform Unicommerce will launch its IPO on August 6, following approval from SEBI. The company aims to raise funds through an offer for sale (OFS) of up to 2,98,40,486 equity shares, with major shareholders AceVector Limited and SB Investment Holdings participating. Founders Kunal Bahl and Rohit Bansal are not selling shares.
