The Uma Converter Limited date has been confirmed from December 15 and ended on December 21 . Read the post to learn about Uma Converter Limited IPO GMP.
Uma Converter Limited plans to raise Rs 3,600 lakhs by going public. With an established capacity of 720 metric tons annually, the company produces flexible packaging material.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Uma Converter Limited IPO:
Bidding Dates
December 15 – 21
Price Range
₹33 per share
Face Value
₹10 per share
GMP
₹2
Uma Converter Limited GMP
The Uma Converter Limited IPO GMP Today is ₹[2].
IPO Overview
The Converter Stock was quoted at the stock exchange on Dec, 2022. There were subscriptions for 16.66X. The last GMP for Uma Converter IPO was ₹2, updated on Dec 29th 2022 07:Finally, at 50 AM you will see numerous bikers, pedestrians, and cars sharing the road. Based on our last GMP we have come to know that the forecasted earnings/losses from IPO were 6.06%. This company was founded in 1999 and produces Flexible Packaging. They have 720-metric-tons installed per annum. The business was founded in the year 2001. The first year turnover was Rs 88 lakhs. Since then, every year was better than the last one and the revenue and operations increased/improved constantly. In Daskroi, in 2018 they did exactly this, and they installed a second production facility.
Uma Converter IPO value is ₹33 per share price. A minimum of 4000 Shares is the minimum requirement to qualify for this application. The retail investor excited by this opportunity must at least invest ₹132,000. The investor at HNI level invests the minimum amount of 2 lot worth 8,000 shares, which is equal to 264,000 Indian rupees.
Uma Converter Limited IPO Date & Price Band Details
IPO Date | December 15, 2022 to December 21, 2022 |
Listing Date | December 29, 2022 |
Face Value | ₹10 per share |
Price | ₹33 per share |
Lot Size | 4000 Shares |
Total Issue Size | 5,580,000 shares (aggregating up to ₹18.41 Cr) |
Fresh Issue | 5,580,000 shares (aggregating up to ₹18.41 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Market Maker portion | 300,000 shares Smc Global Securities |
Uma Converter Limited IPO Market Lot
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Applications | Lots | Shares | Amount |
Retail (Min) | 1 | 4000 | ₹132,000 |
Retail (Max) | 1 | 4000 | ₹132,000 |
HNI (Min) | 2 | 8,000 | ₹264,000 |
Uma Converter Limited IPO Allotment & Listing Dates
Uma Converter IPO opens on December 15, 2022, and closes on December 21, 2022.
IPO Open Date | Thursday, December 15, 2022 |
IPO Close Date | Wednesday, December 21, 2022 |
Basis of Allotment | Monday, December 26, 2022 |
Initiation of Refunds | Tuesday, December 27, 2022 |
Credit of Shares to Demat | Wednesday, December 28, 2022 |
Listing Date | Thursday, December 29, 2022 |
Cut-off time for UPI mandate confirmation | 5 PM on December 21, 2022 |
Uma Converter Limited Peer Comparison
Company Name | Total Income (in rs million) | EPS | P/E |
Essel Propack Ltd. | 9,552 | 4.85 | 57.81 |
Uflex Ltd. | 74,316.23 | 51.21 | 17.21 |
Mold-Tek Packaging Ltd. | 4,393.62 | 16.97 | 28.48 |
Huhatamaki PPL Ltd. | 24,707.20 | 11.24 | 26.20 |
Uma Converted Ltd. | 1,039.85 | 2.01 | NA |
Uma Converter Limited IPO Financials
Particulars | FY 2021 | FY 2022 | FY 2023 |
Revenue From Operation | 10,359.10 | 10,442.93 | 9017.20 |
EBITDA | 1,056.77 | 1104.55 | 1012.88 |
EBITDA Margin (%) | NA | NA | NA |
Profit After Tax | 274.26 | 425.62 | 415.95 |
EPS | 2.01 | 3.29 | 3.66 |
ROE | NA | NA | NA |
Company Profile
Uma Converter has been a private limited company since 1999. It instigated the Unit I – CNG Petrol Pump, Sateja Road, (Village – Sateja), Taluka- Kalol, Gandhinagar – 382 721, Gujrat, India (“Unit I”) started the manufacturing flexible packaging material at its manufacturing unit. Initially, installed production capacity amounted to720 metric tonnes per annum. Though the plant expanded its operation and the fixed capacity from 2400 MT to 3600 MT was increased in 2007 and 2008 respectively. While the manufacturing plant of the company, Unit-I, already situated at Village Timba, Dascroi, Ahmedabad-382 425, Gujarat, India had been commissioned in the year 2018, the establishment of Unit-II with an installed capacity of 5,400 metric tonnes in the same place at an additional manufacturing unit was carried out in the same year but
The export operations began in the 2006 plant in Unit-I and in the 2019-built plant in Unit-II. Our export destinations currently include Saudi Arabia, Australia, Senegal and the United States of America and we are able to achieve this because of our commitment to quality control and order fulfilment efficiency. It makes multipurpose flexible packaging that serves its clients in different fields by providing them with smarter solutions.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | [email protected] |
Website | https://ipo.bigshareonline.com/ipo_status.html |
Contact Details
Name | Uma Converter Limited |
Phone number | +91 93 2710 3652 |
Email ID | [email protected] |
Website | http://www.umaconverter.com/ |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Uma Converter Limited FAQs
How to check Uma Converter IPO Allotment Status?
Below are the steps to check Uma Converter IPO allotment status online:
- Click on the green Uma Converter IPO Allotment Status.
- Enter either PAN number, Application Number or DP Client ID of the demat account to check the Uma Converter IPO allotment status.
- Click Search.
What is the expected listing price of the Uma Converter IPO?
The expected listing price of Uma Converter IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Uma Converter IPO grey market premium gives some hint but the actual listing price is difficult to guess.
Where to check Uma Converter IPO allotment status?
Uma Converter IPO allotment status is expected on December 26, 2022. Click the green button Uma Converter IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.
On what basis Uma Converter IPO shares are allotted to retail investors?
If Uma Converter IPO oversubscribed in the retail category, the Uma Converter IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
When will Uma Converter IPO get listed?
The Uma Converter IPO shares will get listed on Thursday, December 29, 2022. The equity share of Uma Converter Limited will list on NSE SME.
Why I didn’t get allotment in Uma Converter IPO?
The reason you didn’t get the Uma Converter IPO could be:
- IPO become oversubscribed and allotment process is completed through a lottery
- The IPO application got rejected due to mismatch/incomplete information
- The issue price is higher than the bid price. (Always apply on cut-off price).
Leave a Reply