Unicommerce Esolutions Greenlights Preferential Share Issue to AceVector Worth Rs 200 Crore

In a strategic move aimed at strengthening its capital structure and reinforcing promoter confidence, Unicommerce Esolutions Limited has announced a preferential allotment of equity shares to AceVector Limited, formerly known as Snapdeal. The transaction, valued at Rs 200 million, will be executed at a price of Rs 138.87 per share, signaling a premium over its IPO listing price and reflecting investor optimism in the company’s long-term growth trajectory.

 

This development was approved during the board meeting held on September 1, 2025, and is subject to shareholder and regulatory approvals under applicable SEBI guidelines. The preferential allotment is expected to bolster Unicommerce’s financial flexibility as it continues to scale operations and expand its SaaS-based e-commerce enablement platform.

 

Key highlights of the announcement:

Background and strategic context

Unicommerce Esolutions, a leading SaaS platform for e-commerce operations, went public in August 2024 with a successful IPO that raised Rs 276.57 crore through an offer for sale of 2.56 crore shares. The company’s shares were listed on BSE and NSE on August 13, 2024, and have since shown steady performance, buoyed by strong fundamentals and a growing client base across retail, logistics, and D2C brands.

 

AceVector Limited, which holds a significant stake in Unicommerce, has been instrumental in shaping its growth strategy. The preferential allotment not only strengthens AceVector’s position but also reflects its continued belief in Unicommerce’s business model and market potential.

 

Financial implications and valuation

The preferential issue at Rs 138.87 per share implies a valuation uplift of nearly 29 percent over the IPO price. This premium pricing suggests confidence in Unicommerce’s revenue growth, which rose by 17.71 percent in FY24, and its profitability, which surged by over 100 percent year-on-year. The Rs 200 million infusion will provide additional liquidity for product innovation, customer acquisition, and potential inorganic growth opportunities.

 

Regulatory and shareholder considerations

The proposed transaction will be executed in compliance with Regulation 6(2) of SEBI’s Issue of Capital and Disclosure Requirements Regulations, 2018. Since Unicommerce does not meet the profitability threshold under Regulation 6(1), the preferential issue route offers a viable mechanism for capital infusion. The company will seek shareholder approval through a special resolution, and the allotment will be subject to lock-in provisions as per SEBI norms.

 

Market reaction and outlook

The announcement is expected to be viewed positively by the market, given the premium pricing and promoter participation. It signals internal confidence and may catalyze further institutional interest. With a market capitalization of over Rs 1100 crore and a growing footprint in e-commerce enablement, Unicommerce is well-positioned to leverage this capital for strategic expansion.

 

Conclusion

Unicommerce’s decision to issue shares on a preferential basis to AceVector marks a pivotal moment in its post-IPO journey. It reflects a blend of financial prudence, promoter alignment, and strategic foresight. As the company continues to scale its SaaS offerings and deepen its market presence, this capital infusion could serve as a catalyst for its next phase of growth.

 

Sources: Moneycontrol, Chittorgarh, Unicommerce Red Herring Prospectus, Business Standard