Uma Converter Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,640,000 (47%) | — | ₹871 Cr |
| Retail | — | 2,640,000 (47%) | — | ₹871 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 5,580,000 (100%) | — | ₹18,414 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹132,000 |
| Retail (Max) | 13 | 52,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,844,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 10,398 | 15,911 | 18,721 |
| Profit After Tax | 282 | 445 | 495 |
| Net Worth | 3,864 | 4,314 | 4,813 |
| Total Assets | 11,296 | 13,936 | 15,141 |
| Total Borrowing | 5,385 | 6,543 | 7,431 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding the working capital requirements of the company – 10.82
- 2 General corporate purposes – 4.60
Company Overview
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.