Unified Data-Tech Solutions Limited (Udtechs), a company established in 2010, envisions transforming IT into a catalyst for business growth. Over the years, Udtechs has focused on empowering businesses with innovative and tailored IT infrastructure and system integration solutions that match their specific needs and ambitions.

IPO Overview

The Company has launched a Book Built Issue IPO worth ₹144.47 Crores, consisting entirely of an Offer for Sale (OFS) of 52.92 lakh equity shares by the promoter selling shareholders. This IPO does not involve any fresh issue of shares, and hence, Udtechs will not receive any proceeds from this offer. The funds raised will accrue to the promoters after deduction of related expenses and taxes.

• IPO Subscription Dates: May 22, 2025, to May 26, 2025

• Price Band: ₹260 to ₹273 per equity share

• Lot Size: 400 shares per lot

• Minimum Investment: ₹1,09,200 for retail investors (1 lot), ₹2,18,400 for HNIs (2 lots)

• Listing Exchange: NSE SME Platform

• Expected Allotment Date: May 27, 2025

• Tentative Listing Date: May 29, 2025

The company’s market capitalization at the upper price band (₹273) is estimated at approximately ₹548.45 Crores.

Management and Promoters

Udtechs is managed by the promoters Hiren Rajendra Mehta (Chairman and Managing Director) and Rajendra Kantilal Mehta (Whole-time Director). Hiren Mehta brings over 27 years of experience in IT infrastructure services, spearheading business strategy and operations. Rajendra Mehta, with more than 35 years of experience, plays a critical role in maintaining customer relationships and leading corporate social responsibility initiatives.

Financial Performance Highlights

Unified Data-Tech Solutions has demonstrated robust financial growth over recent years:

The company’s pre-issue and post-issue EPS for FY24 stand at ₹12.51, with a pre-issue P/E ratio of 21.82x compared to an industry average of 36x, indicating a relatively attractive valuation. The ROCE, ROE, and RoNW for FY24 are impressive at 52.55%, 48.81%, and 39.23%, respectively. Based on the latest financial data, the annualized EPS is ₹17.20 with a P/E of 15.86x, underscoring solid profitability and efficiency.

Grey Market Premium (GMP) and Listing Gains

The Grey Market Premium (GMP) for Unified Data-Tech Solutions IPO stands at approximately ₹40, reflecting an expected listing gain of around 14.65%. It’s important to note that GMP is an informal market indicator and does not guarantee actual listing price or returns, as it is influenced by unorganized market demand and supply.

Subscription Status and Anchor Investors

As of 7:00 PM on May 26, 2025, the IPO was subscribed 84.92 times on the final day, signaling strong investor interest.

Udtechs successfully raised ₹41.13 Crores from anchor investors who were allocated 15,06,800 equity shares at ₹273 per share. These allocations came from the Qualified Institutional Buyers (QIB) portion, arranged in consultation with the Book Running Lead Managers, HEM Securities Limited.

How to Check IPO Allotment Status

Investors can check their Unified Data-Tech Solutions IPO allotment status from May 27, 2025, via the registrar KFIN Technologies Limited website or their respective stock brokers by following these simple steps:

1. Visit the IPO allotment status page on the registrar’s website.

2. Select “Unified Data-Tech Solutions Limited IPO” from the dropdown list.

3. Enter your application number, PAN, or DP Client ID.

4. Submit the details to view your allotment status.

Conclusion and Recommendation

Unified Data-Tech Solutions presents a compelling opportunity for investors seeking exposure to a growing IT infrastructure company with a proven track record. The company’s solid financials, experienced management, and attractive IPO pricing backed by a decent GMP indicate potential listing gains.

However, as the offer is an Offer for Sale and not a fresh issue, the company will not receive funds to fuel growth directly from the IPO. Risk-tolerant investors aiming for listing gains may consider applying.

The Upcoming IPOs in this week and coming weeks are 3B Films, N R Vandana Tex Industries, Scoda Tubes,Neptune Petrochemicals, Victory Electric Vehicles International, Wagons Learning.

The Current active IPO are Blue Water Logistics, Astonea Labs, Nikita Papers, Prostarm Info Systems, Aegis Vopak Terminals, Schloss Bangalore.

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