Uma Exports IPO is all set to make its debut on stock market with issue size of ₹807.84 Cr. Uma Exports Limited is engaged in trading and marketing agricultural produce and commodities.
Uma Exports IPO Overview
|Uma Exports Limited Issue Date||28-30 March 2022|
|Uma Exports Limited IPO Opening Date||28 March 2022|
|Uma Exports Limited IPO Face Value||INR 10 per share|
|Uma Exports Limited IPO Price||INR 68 per share|
|Uma Exports Limited IPO Lot Size||220 Shares|
|Issue Size||60 Cr|
|Issue Type||Book built Issue IPO|
|Listing At||BSE, NSE|
|QIB Shares Offered||2% of the Net offer|
|NII (HNI) Shares Offered||29% of the Net Offer|
|Retail Shares Offered||69% of the Net Offer|
|Company Promoters||Rakesh Khemka and Sumitra Devi Khemuka are the company promoters.|
Uma Exports IPO Tentative Dates
|Uma Exports Limited IPO opening date||28 March 2022|
|Uma Exports Limited IPO closing date||30 March 2022|
|Basis of Allotment||4 April 2022|
|Initiation of Refunds||5 April 2022|
|Uma Exports Limited IPO Listing Date||7 April 2022|
Uma Exports IPO Industry Overview
Indian retail industry is one of the fastest growing in the world. As per Forrester Research, in 2020, India’s retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. The market is projected to reach US$ 1.3 trillion by 2024. India ranked 63 in the World Bank’s Doing Business 2020 publication. India ranked 73 in the United Nations Conference on Trade and Development’s Business-to-Consumer (B2C) E-commerce Index 2019.
Indian online grocery market is estimated to exceed sales of about Rs. 22,500 crores (US$ 3.19 billion) in 2020, witnessing a significant jump of 76% over the previous year. India is the fifth largest and preferred retail destination globally. The country is among the highest in the world in terms of per capita retail store availability.
Uma Exports IPO: Company Overview
Uma exports are engaged in trading and marketing of agricultural produce and commodities such as sugar, spices like dry red chilies, turmeric, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum, and tea, pulses, and agricultural feed like soybeans meal and rice bran de-oiled cake. They import lentils, beans, black urad dal, and tur dal in India in bulk quantities. Their major imports are from Canada, Australia, and Burma.
Uma Exports has developed a business strategy to switch over exports/imports from one commodity to another with changes in demand or inconsistency in pricing for any commodity during any season. This policy adopted by the management ensures that the Company does not pass through a lean period during the year.
Uma Exports IPO-Objectives
- Augmentation of working capital requirements.
- General Corporate Purposes.
Uma Exports IPO -Financial Statements
Uma Exports Limited IPO Strengths
- Strong presence in the agricultural commodities trading segment.
- Track record of growth and profitability.
- Long-term relationship with clients and repeat business.
Uma Exports Limited IPO Weakness
- As Uma Exports is a trading company that is the reason for OPM and NPM are very less.
- Uma exports have to a face strong competitive market.
Uma Exports IPO Registrar
MAS Services Limited
Phone: (011) 2610 4142
Uma Exports IPO Lead Manager(s)
- Corporate CapitalVentures Pvt Ltd
Lead Manager Reports