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Uma Converter IPO IPO

SME15 Dec 202221 Dec 2022
Open
15 Dec 2022
Close
21 Dec 2022
3
Allotment
Listing
Thu, Dec 29, 2022
Price Band
₹33 per share
Issue Size
55,80,000 shares (agg. up to ₹18 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Dec 29, 2022
Latest GMP
₹2
Est. Gain
6.06%
✦ AI Insight

GMP Trend

29-12-20222Est. ₹35+6.06%
28-12-20223Est. ₹36+9.09%
27-12-20223Est. ₹36+9.09%

Live Subscription

CategorySubscription (times)
Total16.23x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets164.52151.41139.36112.96
Total Income92.10187.21159.11103.98
Profit After Tax3.244.954.452.82
NET Worth51.3848.1343.1438.64
Reserves and Surplus0.000.000.00
Total Borrowing78.5674.3165.4353.85
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Sabar Flex India Ltd.SME₹4.48 Cr₹119.48₹22.05+100.45%₹4.70 (+4.44%)
Mega Flex Plastics Ltd.SME₹11.40 Cr₹4016.19₹56.70+41.75%₹100.00 (+0.00%)
Cool Caps Industries Ltd.SME₹11.63 Cr₹3816.38₹37.65-0.92%₹21.00 (+0.00%)
Clara Industries Ltd.SME₹3.02 Cr₹43null₹44.00+2.33%₹36.19 (+3.40%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding the working capital requirements of the company10.82
2General corporate purposes4.60

About Uma Converter IPO

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

Contact Details

Uma Converter Ltd. AddressBlock No.868, Near CNG Petrol PumpSantej Road, Village-SantejTaluka-KalolGandhinagar, Gujarat, 382721+91 93 2710 3652cs@umaconverter.comVisit Website