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Shares of Unicommerce Esolutionssurged nearly 13% in two sessions, snapping a six-session losing streak, driven by investor optimism around the company’s fundraising plans. The smallcap stock gained over 5% today following the board’s approval of the preferential issuance of 14.4 lakh shares worth ₹20 crore to promoter Acevector Limited.
As per the company, the funds raised are aimed at creating a resource pool to support strategic acquisitions in India and abroad.
After ending 6.9% higher in the previous session, Unicommerce shares rose as much as 5.37% to ₹147.15 on the BSE today. The market capitalization crossed ₹1,500 crore, as 59 thousand shares changed hands over the counter in early trade.
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Unicommerce shares sustained their rally for the second straight session after losing 8.3% over the previous six sessions, dropping from ₹142.55 on August 21 to ₹130.65 on August 29.
Despite the recent rally, the stock trades 41% lower than its 52-week high of ₹250.70, touched on September 13, 2024. However, the stock has risen 53% against its 52-week low of ₹96.03, hit on March 3, 2025.
What fueled the rally in Unicommerce shares today?
The shares of India’s leading e-commerce and retail enablement SaaS platform gained momentum after its board approved a preferential share issue to the promoter for strategic expansion.
In an exchange filing last evening, Unicommerce said that its board approved the issuance of 14,40,195 equity shares on a preferential basis to Acevector Limited, the company’s promoter and holding entity, at a price of ₹138.87 per share. The total consideration for the issue amounts to ₹19.99 crore.
“The board of directors at its meeting held today, i.e., Monday, September 1, 2025, approved the issuance of 14,40,195 equity shares on a preferential basis to Acevector Limited, the Promoter (Body Corporate) and Holding Company of Unicommerce eSolutions Limited, for cash consideration at an issue price of ₹138.87 per equity share aggregating ₹19,99,99,879.65,” the company said in a BSE filing.
The move is subject to regulatory approvals, including the consent of the company’s shareholders, the filing noted.
As per the company, the primary objective of this preferential allotment is to create a pool of resources that would enable Unicommerce to pursue strategic acquisitions in India or overseas, strengthening its growth trajectory and enhancing its service offerings.
For the first quarter ended June 30, 2025, Unicommerce posted a 63.6% year-on-year (YoY) rise in operating revenue to ₹44.9 crore, from ₹27.4 crore in the same period last year. The SoftBank-backed company saw a 10.8% increase in net profit to ₹3.89 crore, compared to ₹3.51 crore the previous year. Profit remained largely unchanged due to higher expenses and a non-cash charge from the recent acquisition of Shipway.
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