Unified Data-Tech Solutions Limited IPO
This issue is a book building issue aiming to raise ₹144.47 crore. The entire offering comprises an offer for sale (OFS) of 52.92 lakh equity shares by existing shareholders.
Unified Data-Tech Solutions Limited IPO Lot Size and Price-Band
The price band for Unified Data-Tech Solutions Limited IPO has been fixed between ₹260 and ₹273 per equity share. Investors can bid for a minimum of 400 shares, which is equivalent to one lot. The minimum investment amount for retail investors is ₹1,04,000 (at the lower end of the price band) and ₹1,09,200 (at the upper end) for one lot. High net worth individuals (HNIs) are required to apply for a minimum of 2 lots, totaling 800 shares, which is equivalent to ₹2,18,400.
Unified Data-Tech Solutions Limited IPO Key Dates
The tentative timeline for the Unified Data-Tech Solutions Limited IPO will commence on Thursday, May 22, 2025 with the opening of the subscription period. The IPO will close on Monday, May 26, 2025. The tentative date for allotment of shares is Tuesday, May 27, 2025. Post allotment, the commencement of refunds is scheduled on Wednesday, May 28, 2025, and credit of shares in the demat accounts of successful applicants is also expected to happen on Wednesday, May 28, 2025. The shares are likely to be listed on the BSE SME Exchange on Thursday, May 29, 2025.
Unified Data-Tech Solutions Limited IPO Reservations
The Unified Data-Tech Solutions Limited IPO includes reservations for various categories of investors. Not more than 50% of the Net Offer is reserved for Qualified Institutional Buyers (QIBs). Retail individual investors have a reservation of not less than 35% of the Net Offer. The portion for non-institutional investors (NIIs), which includes high net-worth individuals (HNIs), is reserved for not less than 15% of the Net Offer. Additionally, there is a Market Maker portion of 2,67,600 shares allotted to Hem Finlease Private Limited.
Unified Data-Tech Solutions Limited Company Incorporation and Business Details
Unified Data-Tech Solutions Limited was incorporated in 2010 as Unified Data-Tech Solutions Private Limited (UDTechs). The company is a Mumbai-based IT service provider and does not seem to be involved in manufacturing based on the details provided. It specializes in delivering IT solutions focused on data centers, virtualization, cyber security and networking, serving clients across various sectors including banking, finance and IT, and also acts as an authorized partner for OEM products and services. Promoters of the Company
Unified Data-Tech Solutions Limited Promoters
The promoters of Unified Data-Tech Solutions Limited are Hiren Rajendra Mehta, Rajendra Kantilal Mehta and Harshben Mehta. Prior to the issue of the IPO, the collective shareholding of the promoters was 86.73%.
Unified Data-Tech Solutions Limited Financial Position of the Company
Based on the restated financial information provided for the periods ending March 31 (2022, 2023, 2024) and February 28, 2025, Unified Data-Tech Solutions Limited has shown growth in key metrics. Total assets increased from ₹36.14 crore in March 2022 to ₹128.71 crore as of February 2025. Revenue witnessed significant fluctuations, reaching ₹266.80 crores in March 2024 and ₹203.66 crores by February 2025 from ₹95.50 crores in March 2022. Profit after tax increased from ₹9.71 crores in March 2022 to ₹31.68 crores by February 2025. Net worth increased from ₹28.52 crores to ₹95.73 crores during the same period, while reserves and surplus increased from ₹28.47 crores to ₹75.64 crores. The company reported zero total borrowings in all the periods presented.
Unified Data-Tech Solutions Limited IPO GMP
Unified Data-Tech Solutions Limited IPO Objectives
This entire issue is an OFS. So, all the money raises from this IPO will go to promoters.
Unified Data-Tech Solutions Limited IPO Registrar
The registrar for Unified Data-Tech Solutions Ltd IPO is KFin Technologies Ltd.
Unified Data-Tech Solutions Limited IPO Details(wrap up)
| Category | Details |
|---|---|
| IPO Type | Book building; Offer for Sale (OFS) of 52.92 lakh shares |
| Company Name | Unified Data-Tech Solutions Limited |
| Incorporation Year | 2010 |
| Former Name | Unified Data-Tech Solutions Private Limited (UDTechs) |
| Headquarters | Mumbai, India |
| Business Focus | IT services: data centers, virtualization, cyber security, networking |
| Client Sectors | Banking, Finance, IT |
| IPO Documents | DRHP RHP |
| Promoters | Hiren Rajendra Mehta, Rajendra Kantilal Mehta, Harshben Mehta |
| Promoters’ Pre-IPO Shareholding | 86.73% |
| IPO Lot Size | 400 shares (1 lot) |
| IPO Price Band | ₹260 – ₹273 per equity share |
| IPO Opening Date | Thursday, May 22, 2025 |
| IPO Closing Date | Monday, May 26, 2025 |
| Allotment Date (Tentative) | Tuesday, May 27, 2025 |
| Refund Initiation Date | Wednesday, May 28, 2025 |
| Demat Credit Date | Wednesday, May 28, 2025 |
| Listing Date (Tentative) | Thursday, May 29, 2025 |
| Exchange for Listing | BSE SME Exchange |
| QIB Reservation | Not more than 50% of Net Offer |
| Retail Investor Reservation | Not less than 35% of Net Offer |
| NII (HNI) Reservation | Not less than 15% of Net Offer |
| Market Maker Allotment | 2,67,600 shares to Hem Finlease Private Limited |
| IPO Registrar | KFin Technologies Ltd. |
| Registrar Email | udts.ipo@kfintech.com |
| IPO Status Website | KFin IPO Status |
Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.