Udtechs, operating as Unified Data-Tech Solutions, is poised to launch its IPO, offering investors an opportunity to invest in a rapidly growing IT solutions provider. The IPO opens on May 22, 2025, and closes on May 26, 2025, featuring a Book Built Issue of ₹144.47 Crores, comprising an Offer for Sale of 52.92 Lakh shares. The shares are set to be listed on the NSE SME platform, with the tentative listing date around May 29, 2025.

The IPO's price band ranges between ₹260 and ₹273 per equity share, and the company’s market capitalization at the upper band price is estimated at ₹548.45 Crores. The minimum lot size is 400 shares, meaning retail investors must invest at least ₹1,09,200, while High-Net-Worth Individuals (HNIs) must invest in multiples of two lots (800 shares), amounting to ₹2,18,400.

Management and Promoters
Unified Data-Tech Solutions is led by experienced promoters Hiren Rajendra Mehta (Chairman and Managing Director) with 27 years of industry experience, focusing on IT infrastructure services and system integration. Rajendra Kantilal Mehta (Whole-time Director) brings over 35 years of experience and oversees customer relationships and CSR initiatives.

Financial Performance
The company has demonstrated consistent growth over the years:

• Revenue from operations increased from ₹9,549.60 Lakh in FY 2022 to ₹26,680.30 Lakh in FY 2024, with a figure of ₹20,366.27 Lakh for the period ended December 31, 2024.

• EBITDA grew from ₹1,334.11 Lakh in FY 2022 to ₹3,429.05 Lakh in FY 2024, reaching ₹4,224.42 Lakh for the period ended December 31, 2024.

• Profit After Tax (PAT) also saw steady growth, rising from ₹970.88 Lakh in FY 2022 to ₹2,512.59 Lakh in FY 2024, with ₹3,168.31 Lakh recorded in the period ending December 31, 2024.

This financial track record highlights the company’s strong operational performance and robust profitability.

IPO Details
The Unified Data-Tech Solutions IPO is managed by HEM SECURITIES LIMITED as the Book Running Lead Manager, with KFIN TECHNOLOGIES LIMITED serving as the registrar. The Market Maker for the IPO is Hem Finlease Private Limited.

The IPO has already attracted significant institutional interest, with Anchor Investors subscribing to 15,06,800 equity shares at ₹273 per share, raising ₹41.13 Crores. These anchor allocations come from the Qualified Institutional Buyers (QIBs) portion.

Grey Market Premium (GMP)
The current Grey Market Premium stands at ₹40, indicating positive market sentiment toward the IPO. However, investors should note that GMP is unofficial and depends on unregulated demand and supply, serving only as an informational guide.

IPO Allotment and Subscription
The allotment process will conclude on May 27, 2025, with investors able to check their status via the registrar's website using their application number, PAN, or DP Client ID.

The Upcoming IPOs in this week and coming weeks are Blue Water Logistics, Unified Data - Tech Solutions, Victory Electric Vehicles International, Borana Weaves, Dar Credit and Capital, Belrise Industries, Wagons Learning.

The Closed IPOs are Accretion Pharmaceuticals, Integrity Infrabuild Developers.

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