Unified Data-Tech IPO Opens For Subscription, GMP Shows Strong Investor Interest

Mumbai: The Initial Public Offering (IPO) of Unified Data-Tech Solutions opened for public subscription on May 22, 2025, and will remain open until May 26, 2025. This is an Offer for Sale (OFS), meaning the company itself won’t receive any funds from the issue. Instead, the proceeds will go to the promoter Hiren Rajendra Mehta, who is offloading 5.3 million equity shares.

The IPO is being managed by Hem Securities, while Kfin Technologies is the registrar.

IPO Price Band, Lot Size and Minimum Investment

Unified Data-Tech has set a price band of Rs 260 to Rs 273 per share. The lot size is 400 shares, which means investors must apply for at least 400 shares and in multiples of that.

For retail investors, the minimum investment required is Rs 1,09,200 to bid for one lot at the upper price of Rs 273.

Grey Market Premium Indicates Strong Demand

Even before the official listing, shares of Unified Data-Tech were doing well in the grey market. The grey market premium (GMP) was around Rs 128 per share, bringing the expected trading price to about Rs 401, which is nearly 47 per cent higher than the IPO price.

This strong GMP shows that investor demand is high, and the listing could see a good debut.

Key Dates and Listing Details

Here are the important dates for the IPO:

IPO opens: May 22, 2025

IPO closes: May 26, 2025

Allotment finalisation: May 27, 2025

Demat credit: May 28, 2025

Listing date: May 29, 2025 (on BSE SME platform)

Business Overview of Unified Data-Tech

Founded in 2010, Unified Data-Tech Solutions is a technology company that offers end-to-end IT solutions and services. Its work includes:

Data centre setup and virtualisation

- Network security

- Cloud solutions

- Data backup and disaster recovery

The company works with several industries like banking, finance, insurance, pharma, and IT. They help businesses build secure, high-performance systems and offer ongoing support to improve efficiency.

IPO Objective

Since this IPO is a complete OFS, Unified Data-Tech will not receive any money from the share sale. The entire amount raised will go to the promoter, after covering related expenses and taxes.