IPO GMP | The IPO of Mumbai-based IT service provider Unified Data Tech Solutions opened today, May 22. Investors can bid for this IPO until May 26. This will be the second-largest SME IPO of the current year 2025, after CapitalNumbers Infotech company. Unified Data Tech Solutions aims to raise ₹144.47 crores through the IPO.
IPO Price Band and lot size
The price band for Unified Data Tech Solutions’ IPO is Rs. 260-273 per share. The lot size is 400 shares. In this IPO, only 52.92 lakh shares will be sold in the offer for sale. The company’s promoter, Hiren Rajendra Mehta, will be selling the shares. The company will not receive any income from the IPO. All the money will go to the person selling the shares.
IPO Listing Details
The share allocation will be finalized on May 27. The listing of shares on BSE SME will take place on May 29. Hem Securities Limited is the book running lead manager for the IPO. The registrar is KFin Technologies Limited.
IPO GMP Status
50 percent of the IPO is reserved for eligible institutional buyers, 35 percent for retail investors, and 15 percent for non-institutional investors. In the gray market, shares of Unified Data-Tech Solutions are trading at a premium of 175 rupees or at a rate of 64.10 percent above the upper price band of the IPO at 273 rupees.
About company
Unified Data-Tech Solutions was established in 2010. The company specializes in delivering innovative and customized technology solutions. It offers various IT solutions including data center infrastructure, virtualization, data protection, networking, cybersecurity, and secure application delivery.
Company also serves
The company also serves industries such as banking, finance, insurance, manufacturing, pharmaceuticals, IT, and IT-enabled services. Hiren Rajendra Mehta, Rajendra Kantilal Mehta, and Harshaben Mehta are the promoters of the company.
Company financial year 2023-24
In the financial year 2023-24, the revenue of Unified Data-Tech Solutions was 266.80 crore rupees. The net profit recorded was 25.13 crore rupees. From April 2024 to February 2025, the company’s revenue was 203.66 crore rupees, and the net profit was 31.68 crore rupees. The company has no debt.
