Uma Converter Limited
NSE SME₹132,000 / 4000 Shares
Uma Converter Limited IPO Details
The Uma Converter Limited IPO price band is set between ₹33 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 15 Dec, 2022 and closes on 21 Dec, 2022. Investors can check the allotment status on 26 Dec, 2022, while the listing date is tentatively scheduled for 29 Dec, 2022.
The total issue size is 5,580,000 shares of ₹10, aggregating up to ₹18.41 Cr. Stay tuned for the latest Uma Converter Limited IPO review and GMP updates.
Uma Converter Limited IPO Review, Rating & Analysis
Uma Converter Limited IPO Review
NO REVIEWUma Converter Limited IPO Rating
Uma Converter Limited IPO Highlights
IPO Date
Dec 15, 2022 - Dec 21, 2022
Listing Date
29 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹33 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Uma Converter Limited IPO Lot Size
The minimum market lot for Uma Converter Limited IPO is 4000 shares with an application amount of ₹1,32,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,32,000 |
| Retail (Max) | 1 | 4000 | ₹1,32,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,64,000 |
| S-HNI (Max) | 7 | 28000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 32000 | ₹10,56,000 |
Uma Converter Limited IPO Timeline
Issue Price
₹33 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
GYR Capital Advisors LimitedIssue Size
5,580,000 shares of ₹10(aggregating up to ₹18.41 Cr)Uma Converter Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 15140.92 | 18720.79 | 494.96 | - | - | - |
| 31 Mar 21 | 13936.02 | 15911.11 | 445.09 | - | - | - |
| 31 Mar 20 | 11296.41 | 10398.45 | 281.91 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Sumer Raj Lodha
- Mrs. Nirmala Lodha
- Mr. Abhishek Sumerraj Lodha
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 95.00% | 68.86% |
About Company
Incorporated in 2000, Uma Converter Limited is engaged in manufacturing flexible packaging material. The company product portfolio includes multi-colour pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags, etc.
The company is also engaged in manufacturing and carrying out various printing and lamination processes for third parties on a job-work basis.
The company has also executed a service agreement with Ambuja Cements Limited for the disposal of plastic waste in an environmentally friendly manner in the cement kiln process at high temperatures and long residence time, while simultaneously manufacturing cement of desired quality.
Uma Converter Limited manufactures packaging material suitable for packaging products manufactured in the food and beverage industry, e-commerce industry, pharmaceutical industry, hygiene and personal care industry, household industry and agricultural industry.
The company's R&D Division is located in Unit- I as well as in Unit - II to implement a performance-oriented approach with the help of technologies developed in-house.
The company operate from two manufacturing units located in Gujarat namely, Unit - I situated at Santej and Unit - II situated at Timba, respectively and has a quality control and assurance division (Quality Division) in all the manufacturing units.
The revenues from operations for Fiscals 2022, 2021 and 2020 were Rs 18,698.56 lakhs, Rs 15,813.30 lakhs and Rs 10,359.10 lakhs respectively.
Uma Converter Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,640,000 | 2,640,000 | 5,280,000 |
Day 1 -15-12-22 06:00 PM | 0.99 x | 0.33 x | 0.66 x |
Day 2 -16-12-22 06:00 PM | 1.66 x | 0.73 x | 1.20 x |
Day 3 -19-12-22 06:00 PM | 1.97 x | 2.96 x | 2.47 x |
Day 4 -20-12-22 06:00 PM | 2.40 x | 5.12 x | 3.76 x |
Day 5 -21-12-22 06:00 PM | 15.50 x | 17.82 x | 16.66 x |
Frequently Asked Questions about Uma Converter Limited IPO
When will Uma Converter Limited IPO open for subscription?
The Uma Converter Limited IPO opens on 15 Dec, 2022 and closes on 21 Dec, 2022.
What is the investors portion for Uma Converter Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2640000.
How to apply for Uma Converter Limited IPO?
You can apply for Uma Converter Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Uma Converter Limited IPO?
The issue size of Uma Converter Limited IPO is approx ₹5,580,000 shares of ₹10(aggregating up to ₹18.41 Cr) crores.
What is the price band of Uma Converter Limited IPO?
The price band for Uma Converter Limited IPO is ₹33 per equity share to ₹undefined.
What is the lot size of Uma Converter Limited IPO?
The minimum bid (lot size) for Uma Converter Limited IPO is N/A shares with an investment of approx ₹132,000 .
What is the allotment date of Uma Converter Limited IPO?
The allotment date for Uma Converter Limited IPO is 26 Dec, 2022.
What is the listing date of Uma Converter Limited IPO?
The listing date for Uma Converter Limited IPO is expected to be 29 Dec, 2022.
What is the GMP of Uma Converter Limited IPO?
The latest Grey Market Premium (GMP) for Uma Converter Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.