UMA Converter Limited is engaged in manufacturing flexible packaging material which is multi-functional and caters to the packaging requirements of various industries. The company’s product portfolio largely consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouch, paper bag, e-commerce bag, etc.
The company manufacture packaging material suitable for packaging products manufactured in food and beverage industry, e-commerce industry, pharmaceutical industry, hygiene and personal care industry, household industry and agricultural industry. Apart from manufacturing products for direct sale to their customers, UMA Converter is also engaged in manufacturing and carrying out various printing and lamination processes for third parties on a job work basis.
The company operate from two manufacturing units located in Gujarat namely, Unit – I situated at Santej and Unit – II situated at Timba, respectively.
UMA Converter IPO – Details
| IPO Opening Date | 15 December 2022 |
| IPO Closing Date | 21 December 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹18.41 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹33 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
UMA Converter IPO – Date Schedule
| IPO Open Date | 15 December 2022 |
| IPO Close Date | 21 December 2022 |
| Basis of Allotment Date | 26 December 2022 |
| Initiation of Refunds | 27 December 2022 |
| Credit of Shares to Demat Account | 28 December 2022 |
| IPO Listing Date | 29 December 2022 |
UMA Converter IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,32,000 |
| Maximum | 1 | 4000 | 1,32,000 |
Competitive Strengths
- Well experienced management team with proven project management and implementation skills.
- Integrated manufacturer of flexible packaging material with long standing market presence;
- Wide-spread domestic market presence;
- Presence across diverse industry verticals with long standing relationship with their customers;
- Comprehensive product portfolio enables company to serve diverse end-use applications;
- In-house design capabilities and techniques.
Company Promoters
- Mr. Sumer Raj Lodha
- Mrs. Nirmala Lodha
- Mr. Abhishek Sumerraj Lodha
Object Of The Issue
- Funding the working capital requirements of the company.
- General Corporate Purposes.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 103.98 | 100.13 | 2.81 |
| 31 March 2021 | 159.11 | 153.35 | 4.45 |
| 31 March 2022 | 187.20 | 180.27 | 4.94 |
UMA Converter IPO Promoter Holding
| Pre Issue Share Holding | 95.00% |
| Post Issue Share Holding | 68.86% |
UMA Converter IPO Prospectus
Company Contact Information
| UMA Converter Limited Block No. 868, Near CNG Petrol Pump, Santej Road, Village – Santej, Taluka – Kalol, Gandhinagar- 382 721, Gujarat, India Tel: +91 93 2710 3652 Email: cs@umaconverter.com; Website: www.umaconverter.com |
UMA Converter IPO Registrar
| Bigshare Services Private Limited Tel: 022 – 6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
UMA Converter IPO Lead Manager(s)
| 1. GYR Capital Advisors Private Limited |
UMA Converter IPO FAQs
| What is UMA Converter IPO? UMA Converter IPO is a SME IPO. The issue is priced at ₹33 per equity share. The IPO is to be listed on NSE SME. |
| When UMA Converter IPO will open? The IPO is to open on 15 December 2022 for NII and Retail Investors. |
| What is UMA Converter IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to UMA Converter IPO? You can apply UMA Converter IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the UMA Converter IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “UMA Converter”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the UMA Converter IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “UMA Converter”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is UMA Converter IPO Size? UMA Converter IPO size is ₹18.41 crores. |
| What is UMA Converter IPO Price Band? UMA Converter IPO Price Band is ₹33. |
| What is UMA Converter IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,32,000 amount while the maximum bid is 4000 shares with ₹1,32,000. |
| What is the UMA Converter IPO Allotment Date? UMA Converter IPO allotment date is 26 December 2022. |
| What is the UMA Converter IPO Listing Date? UMA Converter IPO listing date is 29 December 2022. The IPO is to list on NSE SME. |
