Uma Converter IPO:GMP, Price, Dates, Issue Size

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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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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) 

  1. GYR Capital Advisors Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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