Unified Data Tech share price: Stock makes tepid debut at 4.4% premium; here's how much investors made per lot

The stock listed at ₹285 apiece on the BSE SME, a premium of 4.4% or ₹12 over the issue price of ₹273 per unit.

Unified Data Tech share price: Here's how much investors made per lot

As the application size was 400 shares, investors who were allotted Unified Data Tech IPO made gains of ₹1,14,000 per lot (285 x 400).

The ₹144.47 crore Unified Data Tech IPO was exclusively an offer for sale of ₹52.92 lakh shares without a fresh issue component. As it is completely an OFS, the entire proceeds from the issue will go to the selling shareholders. The price band was set at ₹260-₹273.

The initial share sale was subscribed 91.12 times. The non-institutional investors (NIIs) subscribed to their quota 212.43 times, while the retail investors' part was booked 43.62 times.

The category for qualified institutional buyers (QIBs) received a subscription of 83.22 times.

Unified Data- Tech Solutions Ltd is a technology company specialising in system integration. It provides IT solutions, including data centre infrastructure, data protection, virtualisation, networking, secure application delivery, and cybersecurity.

It caters to various industries, including banking, finance, insurance, pharmaceuticals, manufacturing, IT and IT-enabled services.