Uma Converter Limited

Company Profile
Company Name Uma Converter Limited
Open Date 15-12-2022
Close Date 21-12-2022
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹ 33 per share
Issue Size 55,80,000 Equity Shares
Application Amount ₹ 1,32,000
Recommendation Apply
Uma Converter Limited was incorporated in the year 1999 with the business to manufacture flexible packaging material. It has two manufacturing units. Major raw material being used in their business is plastic. In order to ensure that their manufacturing operations remain sustainable, they have executed various memorandums of understanding with third parties for collection, segregation, transportation, recycling and disposal of plastic waste. They have also executed a service agreement with Ambuja Cements Limited for 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. Company has domestic as well as international market presence and they export their products to countries such as Saudi Arabia, Australia, Senegal and the United States of America, etc.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Sept-22 Mar-22 Mar-21
Total Assets 16,452.32 15,140.92 13,936.02
Net Assets 5,138.42 4,812.58 4,314.25
Total Borrowings 7,856.05 7,431.19 7,431.19
Total Revenue 9,209.58 18,720.79 15,911.11
Profit After Tax 325.84 498.33 449.78

Tentative Timeline

Opening Date 15-12-2022
Closing Date 21-12-2022
Basis of Allotment 26-12-2022
Initiation of Refunds 27-12-2022
Credit of Shares to Demat 28-12-2022
Listing Date 29-12-2022

Objects of the Issue

Funding the Working Capital Requirements of the Company
General Corporate Purposes

Contact Information

Registered Office Uma Converter Limited Block No. 868, Near CNG Petrol Pump, Santej Road, Village - Santej, Taluka - Kalol, Gandhinagar- 382 721
Phone +91 93 2710 3652

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 3,00,000 (5.38%)
Other Shares Offered 26,40,000 (47.31%)
Retail Shares Offered 26,40,000 (47.31%)
Total Shares Offered 55,80,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 95.00%
Post Issue Share Holding (Promoters) 68.86%

Contact Us to Enable Your Success!