Unified Data-Tech Solutions Ltd is a Mumbai-based IT services provider specializing in comprehensive digital transformation solutions. Established in 2010, the company offers a wide array of services, including IT infrastructure management, cloud computing, virtualization, networking, cybersecurity, and application delivery. Unified Data-Tech Solutions caters to a diverse clientele across sectors such as BFSI, healthcare, retail, and government, delivering tailored technology strategies to organizations of all sizes.
The Unified Data-Tech Solutions Ltd IPO is a book-built issue of ₹144.47 crores, comprising an offer for sale of 52.92 lakh equity shares by promoter Hiren Rajendra Mehta. The IPO is scheduled to open for subscription on May 22, 2025, and will close on May 26, 2025. The price band is set at ₹260 to ₹273 per share.
Retail investors can apply for a minimum lot size of 400 shares, requiring an investment of ₹1,09,200 at the upper price band. High Net Worth Individuals (HNIs) are required to apply for a minimum of 2 lots (800 shares), amounting to ₹2,18,400. The IPO is proposed to be listed on the BSE SME platform, with a tentative listing date of May 29, 2025.
Is Unified Data-Tech Solutions Ltd IPO Halal or Not?
The Unified Data-Tech Solutions Ltd IPO is considered Not Halal and Non-Shariah Compliant because the company fails the “Illiquid Assets to Total Assets” criterion, with an illiquid asset ratio of 0.98%, falling below the required 20% limit under Shariah guidelines. Additionally, it also fails the “Non-Compliant Investments to Total Assets” criterion, with a ratio exceeding 33%, surpassing the permissible limit set by Shariah standards.
Refer to Unified Data-Tech Solutions IPO RHP for detailed information.
Also Read : Is Belrise Industries Ltd IPO Halal or Not? Verified Financial Proofs You Must See!
Shariah Compliance Screening of Unified Data-Tech Solutions Ltd IPO
For an IPO or Stocks to be considered Halal, it must pass all the Shariah screening criteria, which include:
| Criteria | Value | Status |
| Business Activity | IT and Business Service | ✅ PASS |
| Impermissible Income to Total Revenue | 3.51% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 0.0% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 0.98% | ❌ FAIL |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | More than 33% (Non-Compliant) | ❌ FAIL |
Unified Data-Tech Solutions Ltd IPO Timeline
| IPO Opening Date | Thu, May 22, 2025 |
| IPO Closing Date | Mon, May 26, 2025 |
| Expected Allotment Date | Tue, May 27, 2025 |
| Refund Initiation | Wed, May 28, 2025 |
| Credit of Shares to Demat | Wed, May 28, 2025 |
| Expected Listing Date | Thu, May 29, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on May 26, 2025 |
Unified Data-Tech Solutions Ltd IPO Price Details
| IPO Date | May 22, 2025 to May 26, 2025 |
| Expected Listing Date | Thu, May 29, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹260 to ₹273 per share |
| Lot Size | 400 Shares |
| Total Issue Size | 52,92,000 shares(aggregating up to ₹144.47 Cr) |
| Offer for Sale | 52,92,000 shares of ₹10 (aggregating up to ₹144.47 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Pre-Issue Shareholding | 2,00,90,100 shares |
| Post-Issue Shareholding | 2,00,90,100 shares |
| Market Maker Portion | 2,67,600 shares |
Business Overview – Unified Data-Tech Solutions Ltd
Unified Data-Tech Solutions Ltd, established in 2010 and headquartered in Mumbai, is a leading IT services provider specializing in delivering innovative and customized technology solutions. The company offers a comprehensive range of services, including IT infrastructure management, cloud computing, virtualization, networking, cybersecurity, and application delivery.
With a highly skilled team, Unified Data-Tech Solutions serves a diverse clientele across sectors such as BFSI, healthcare, retail, and government, delivering tailored technology strategies to organizations of all sizes. The company has been recognized with multiple industry awards, including the India 5000 Best MSME Award and the Global Platinum Business Excellence Award.
Unified Data-Tech Solutions Ltd Financial Information (Restated)
| Period Ended | 28 Feb 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 128.71 | 78.42 | 64.30 | 36.14 |
| Revenue | 203.66 | 266.80 | 112.81 | 95.50 |
| Profit After Tax | 31.68 | 25.13 | 10.40 | 9.71 |
| Net Worth | 95.73 | 64.04 | 38.92 | 28.52 |
| Reserves and Surplus | 75.64 | 63.99 | 38.87 | 28.47 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | ||||
Conclusion
The Unified Data-Tech Solutions Ltd IPO is considered Not Halal and Non-Shariah Compliant due to its low illiquid assets and excessive non-compliant investments, both of which fail to meet key Shariah financial criteria.
However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult your financial advisor before investing.
Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.
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