Unified Data-Tech Solutions Limited (Udtechs) is all set to open its IPO subscription from May 22, 2025, to May 26, 2025. The company is launching a Book Built Issue IPO amounting to ₹ 144.47 Crores, comprising entirely of an Offer for Sale (OFS) of 52.92 lakh shares. This IPO will be listed on the NSE SME platform, with a tentative listing date on or about May 29, 2025.

Udtechs has built its reputation since inception in 2010 on transforming IT services into a robust engine for business growth. Their commitment lies in delivering innovative and customized IT infrastructure services and system integration solutions tailored to the unique requirements of each client. The promoters steering this vision include Hiren Rajendra Mehta, Chairman and Managing Director with 27 years of experience, and Rajendra Kantilal Mehta, Whole Time Director with over 35 years of industry expertise.

IPO Price Band and Investment Details

The Unified Data-Tech IPO is priced in the band of ₹ 260 to ₹ 273 per equity share. The company's market capitalization at the upper price band (₹ 273) will stand at approximately ₹ 548.45 Crores. The minimum lot size is set at 400 shares, requiring retail investors to invest a minimum of ₹ 1,09,200. High Net Worth Individuals (HNIs) must apply for at least 2 lots (800 shares), totaling ₹ 2,18,400.

The IPO's book running lead manager is HEM Securities Limited, while KFIN Technologies Limited serves as the registrar. Hem Finlease Private Limited is designated as the market maker for the issue.

Financial Performance Highlights

Udtechs has demonstrated steady financial growth over recent years:

The key performance metrics include a Pre-issue EPS of ₹ 12.51 and Post-issue EPS of ₹ 12.51 for FY24, with a pre-issue and post-issue P/E ratio of 21.82x, which is reasonably priced compared to the industry average of 36x. Udtechs reports an impressive ROCE of 52.55%, ROE of 48.81%, and RoNW of 39.23% for FY24, showcasing efficient capital utilization and profitability.

Grey Market Premium (GMP) and Listing Gains

The Grey Market Premium (GMP) for Unified Data-Tech IPO is currently estimated at ₹ 40, which translates to an expected listing gain of around 14.65% over the upper price band of ₹ 273. It is important to note that GMP is an informal indicator reflecting demand and supply before actual trading begins and should be considered for educational purposes only.

Anchor Investors Participation

Unified Data-Tech Solutions raised ₹ 41.13 Crores through anchor investors subscribing to 15,06,800 equity shares at ₹ 273 per share. This anchor allocation was conducted in consultation with the book running lead managers and allocated from the Qualified Institutional Buyers (QIB) portion.

IPO Subscription Status & Allotment

As of May 26, 2025, 11:00 AM, the IPO subscription shows an impressive 11.72 times oversubscription on the final day, reflecting strong investor interest. The IPO allotment is scheduled to be finalized and declared on or about May 27, 2025.

Investors can check their allotment status online by visiting the registrar’s website, selecting Unified Data-Tech Solutions Limited IPO from the IPO list, and submitting their application number, PAN, or DP Client ID.

Objective of the IPO

This IPO is a pure Offer for Sale, meaning Unified Data-Tech Solutions Limited will not receive any proceeds from this issue. All proceeds will go to the promoter selling shareholders after deducting applicable expenses and taxes.

Final Thoughts and Recommendation

Unified Data-Tech Solutions Limited IPO presents a compelling investment opportunity in the SME IT infrastructure and system integration sector, supported by a robust financial track record and strong promoter credentials. With a fair valuation relative to the industry, positive GMP signaling potential listing gains, and high subscription rates, this IPO is attractive, especially for investors with a moderate risk appetite seeking growth in the IT space.

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The Current active IPO are Aegis Vopak Terminals, Schloss Bangalore, Unified Data - Tech Solutions.

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