Uma Converter IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Let’s have a detailed review of the company and analytics of the Uma Converter IPO release date, IPO offer price, subscription, Uma Converter Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
|Face Value||Rs 10|
|Price Band||Rs [●]|
|Listing At||BSE, NSE|
|Min. Order Quantity||NA|
|Offer for Sale||Rs Lakh|
|Fresh Issue||Rs Lakh|
|IPO Size||Rs 3,600 Lakh|
Uma Converter IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
|Live Performance – Uma Converter Share Price|
Uma Converter IPO – Summary
Their Company was incorporated as a private limited company in 1999, with the business to manufacture flexible packaging material in their manufacturing unit situated at block number 868 and 871, near CNG Petrol Pump, Santej Road, Village – Santej, Taluka – Kalol, Gandhinagar- 382 721, Gujarat, India with an installed capacity of 720 metric tones per annum.
Their Company has been consistently expanding its business operations by increasing its installed capacity from 720 metric tones per annum to 2,400 metric tones per annum in 2007 and to 3,600 metric tones per annum in 2008. With the object of expanding their business operations and increasing their customer base with their upgraded and advanced technique and manufacturing process, in the year 2018 their Company set up an additional manufacturing unit at block number 291, 294, 295 and 296, Village Timba, Dascroi, Ahmedabad -382 425, Gujarat, India.
The Promoter of this company is SUMER RAJ LODHA, NIRMALA LODHA AND ABHISHEK SUMERRAJ LODHA. The lead manager to the issue is GYR CAPITAL ADVISORS PRIVATE LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Uma Converter IPO Date
The opening and the closing date of Uma Converter IPO are not available yet.
Uma Converter IPO Subscription
|Day / Date||QIB||NII||RII||Total Subscription|
|1st Day –|
|2nd Day –|
|3rd Day –|
|Shares Offered or Net Issue|
The shares subscribed by the public will be updated here.
Uma Converter IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Uma Converter Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
|Basis of Allotment Finalization||–|
|Credit of Shares to Demat Account||–|
|Share Listing Date||–|
Uma Converter IPO Price Band / Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Uma Converter IPO Equity Size
This Initial Public Issue of 18,24,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.3,600 Lakh.
Uma Converter IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.3,600 Lakh
Uma Converter IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
|Live IPO Performance – Uma Converter Share Price|
Uma Converter IPO Grey Market Premium
The Uma Converter Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Uma Converter IPO – Company Overview
Their Company commenced its business operations in the financial year ended March 31, 2001 with a turnover of ₹88 lakhs and since then has been reporting a steady rise in its income and operations. In the year 2011, their Company reported an increase in its sales revenue by 39% and its profits earned by 155%. During the year 2015, their Company achieved a milestone turnover of ₹ 8516.49 lakhs and surpassed the same in 2016 by achieving a net turnover of ₹ 8,709.95 lakhs.
The net turnover reported by their Company in the year 2018 and 2019 was ₹ 9,014.05 lakhs and ₹ 10,439.09 lakhs, respectively. During the year 2020 and for the nine months period ended December 31, 2020, when the nation was grappling with the COVID19 pandemic and nationwide lockdown, their Company was able to report a net turnover of 10,359.10 lakhs and 11,782.98 lakhs, respectively and net profit after tax and depreciation of 274.21 lakhs and 425.12 lakhs, respectively.
Their Company commenced its export operations in Unit-I in the year 2006 and in Unit -II in the year 2019. Owing to the consistent efforts of their Company towards quality control and efficient fulfilment of orders, presently they export their finished products to countries such as Saudi Arabia, Australia, Senegal and the United States of America.
Uma Converter IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
|Amount (in INR & Lakh)|
|Profit After Tax||425.12||274.26||425.62||415.95|
Earnings per Equity Share (in Lakh)
|Basic & Diluted||2.89||2.01||3.29||3.66|
Further, their PAT for the period ended on Dec 31, 2020, March 31, 2020, March 31, 2019, and March 31, 2018, were Rs. 425.12 Lakh, Rs. 274.26 Lakh, Rs. 425.62 Lakh, and Rs. 415.95 Lakh respectively.
Uma Converter IPO – Promoters
The Promoter of this company is:
- SUMER RAJ LODHA
- NIRMALA LODHA
- ABHISHEK SUMERRAJ LODHA
List of Related Parties (Key Managerial Personnel)
- Sumer Raj Lodha, Chairman and Managing Director
- Nirmala Lodha, Executive Director
- Abhishek Sumerraj Lodha, Whole-time Director
- Ashok Ruplal Kavdia, Independent Director
- Mohit Rajendra Mehta, Independent Director
- Pradeep Randhirmal Lodha, Additional (Independent) Director
Uma Converter IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Uma Converter IPO Offer Details or Issue Details
|Particulars||No. Of Equity Shares|
|Equity Shares Offered||Up to X Equity Shares aggregating up to Rs.3,600 Lakh|
|Issue Reserved for the Market Makers||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Net Issue to the Public||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Retail Investors Portion||Not less than [●] Equity Shares|
|Other than Retail Individual Investors||Not more than [●] Equity Shares|
|Equity Shares outstanding prior to the Issue||1,46,94,286 Equity Shares|
|Equity Shares outstanding after the Issue||X Equity Shares|
Uma Converter IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1.Repayment or prepayment of unsecured loans availed from Sumer Raj Lodha, Nirmala Lodha and Abhishek Sumerraj Lodha, the Promoters of their Company;
2. Expansion of their manufacturing facility situated at Timba, Gujarat;
3. General Corporate Purposes.
Uma Converter IPO – Business Strategy
- Increasing their manufacturing capacity to focus on the growing demand of their products
- Expand their existing product portfolio
- Expand their customer base
- Increasing their Global presence
- Strengthen their marketing network
Uma Converter IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- 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 them to serve diverse end-use applications
- In-house design capabilities and techniques
The relevant quantitative factors are:
|Basic & Diluted EPS||RONW (%)||NAV (Rs.)|
Uma Converter IPO: Competitive Peers
|Face Value (Rs.)||P/E||EPS (Rs.)||Return on Net Worth (%)||Total Income (Rs. in Million)|
|Uma Converter Limited||10||[●]||2.01||9.90||1,039.85|
|Essel Propack Limited||2||57.81||4.85||20.85||9,552|
|Mold-Tek Packaging Limited||5||28.48||16.97||18.79||4,393.62|
|Huhatamaki PPL Limited||2||26.20||11.24||11.09||24,707.20|
Uma Converter IPO Lead Managers
|GYR CAPITAL ADVISORS PRIVATE LIMITED|
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej,
Telephone: +91 82 0093 1018
Investor grievance: email@example.com
Contact Person: Ikshit Shah
SEBI Registration Number: INM000012810
Uma Converter IPO Registrar to offer
|Registrar to the Offer|
|BIGSHARE SERVICES PRIVATE LIMITED |
1st floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East),
Mumbai- 400 059, Maharashtra, India.
Telephone: +91 22 6263 8200
Facsimile: +91 22 6263 8280
Investor grievance: firstname.lastname@example.org
Contact person: Ashish Bhope
SEBI Registration No: INR000001385
Uma Converter IPO – Other Details
- Statutory Auditor – M/s. Bhanwar Jain & Co., Chartered Accountants.
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Uma Converter IPO Review by Stock Brokers
|Top Stock Brokers Review||Company Reputation||Competitive Edge||Financial Statement||Popularity Index||Promoters Reputation|
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Uma Converter Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Uma Converter IPO Review FAQs
Ques – What is the Issue Size of Uma Converter IPO?
Answer – The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Uma Converter IPO?
Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Uma Converter IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Uma Converter IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Uma Converter IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Uma Converter IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Uma Converter IPO?
Answer – Here are the promoters of this IPO – SUMER RAJ LODHA, NIRMALA LODHA AND ABHISHEK SUMERRAJ LODHA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Uma Converter IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Uma Converter IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Uma Converter Company?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2020 in Lakh is 274.26, 2019 is 425.62, 2018 is 415.95. PAT from Dec 2020 is 425.12.
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