Uma Convertor IPO SME IPO closes today
Uma Converter Limited, Incorporated in 2000, is engaged in producing versatile packaging material. The company’s product portfolio offers multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags, etc. The company conjointly provides services in manufacturing and carrying out numerous printing and lamination processes for third parties on a job-work basis.
The company has also managed to execute a service agreement with Ambuja Cements Limited to dispose of plastic waste in an environmentally friendly manner in the cement kiln process.
Uma Converter Limited manufactures packaging material appropriate for packaging products manufactured in the food and beverage industry, e-commerce industry, pharmaceutical industry, hygiene, and personal care industry, household industry, agricultural industry, and also manufacturing cement of desired quality which is environment friendly.
The company’s R&D Division is located in Unit- I and Unit – II to implement a performance-oriented approach with the assistance of in-house technologies.
The company operates from two manufacturing units located in Gujarat, Unit – I is situated at Santej, and Unit – II is 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.
Company’s Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
| 31-Mar-20 | 11296.41 | 10398.45 | 281.91 | 3864.47 | 5385.15 |
| 31-Mar-21 | 13936.02 | 15911.11 | 445.09 | 4314.25 | 6543.22 |
| 31-Mar-22 | 15140.92 | 18720.79 | 494.96 | 4812.58 | 7431.19 |
| 30-Sep-22 | 16452.32 | 9209.58 | 324.15 | 5138.42 | 7856.05 |
| Amount in ₹ Lakhs |
Uma Converter IPO Details
| IPO Date | Dec 15, 2022, to Dec 21, 2022 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹33 per share |
| Lot Size | 4000 Shares |
| Issue Size | 5,580,000 shares of ₹10(aggregating up to ₹18.41 Cr) |
| Fresh Issue | 5,580,000 shares of ₹10(aggregating up to ₹18.41 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Market Maker | SMC GLOBAL SECURITIES LTD. |
| Company Promoters | Mr. Sumer Raj Lodha, Mrs. Nirmala Lodha, and Mr. Abhishek Sumerraj Lodha are the company promoters. |
Uma Converter IPO Tentative Timetable
Uma Converter IPO opens on Dec 15, 2022, and closes on Dec 21, 2022. The Uma Converter IPO bid date is from Dec 15, 2022, 10.00 A.M. to Dec 21, 2022, 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
| Opening Date | Dec 15, 2022 |
| Closing Date | Dec 21, 2022 |
| Basis of Allotment | Dec 26, 2022 |
| Initiation of Refunds | Dec 27, 2022 |
| The credit of Shares to Demat | Dec 28, 2022 |
| Listing Date | Dec 29, 2022, |
Uma Converter IPO Lot Size
The Uma Converter IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lot (4000 shares or ₹132,000).
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 4000 | ₹132,000 |
| Retail (Max) | 1 | 4000 | ₹132,000 |
| HNI (Min) | 2 | 8,000 | ₹264,000 |
Uma Converter IPO Promoter Holding
| Pre Issue ShareHolding | 95.00% |
| Post Issue Shareholding | 68.86% |
IPO DRHP
IPO RHP
Company Contact Information
Uma Converter Limited
Block No. 868, Near CNG Petrol Pump,
Santej Road, Village – Santej,
Taluka – Kalol, Gandhinagar- 382 721,
Phone: +91 93 2710 3652
Email: cs@umaconverter.com
Website: http://www.umaconverter.com/
Uma Converter IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
