Uma Converter IPO 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.
Uma Converter IPO – Overview
| IPO Dates | 15- 21 Dec 2022. |
| IPO Price | INR 33 per share |
| Fresh issue | 5,580,000 shares (INR 18.14 crore) |
| Offer For Sale | Nil |
| Total IPO size | 5,580,000 shares (INR 18.14 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Uma ConverterIPO -Tentative Dates
| IPO Offer Opening Date | 15 December 2022 |
| IPO Closing Date | 21 December 2022 |
| Finalisation of Basis of Allotment | 26 December 2022 |
| Initiation of refunds | 27 December 2022 |
| Transfer of shares to demat accounts | 28 December 2022 |
| IPO Listing Date | 29 December 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Uma Converter is into 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 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.
Objectives
- Working Capital requirements of the Company.
- To meet Issue Expenses.
- General Corporate Purpose.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 15140.92 | 13936.02 | 11296.41 |
| Total Revenue | 18720.79 | 15911.11 | 10398.45 |
| Profit After Tax | 494.96 | 445.09 | 281.91 |
Company Contact Information
Uma Converter Limited
Block No. 868, Near CNG Petrol Pump,
Santej Road, Village – Santej,
Taluka – Kalol, Gandhinagar- 382 721,
Phone: +91 93 2710 3652
Email: cs@umaconverter.com
Website: http://www.umaconverter.com/
Uma Converter IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Uma Converter IPO Lead Manager(s)
- GYR Capital Advisors Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
