
✓
Open
15 Dec 2022
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Close
21 Dec 2022
3
Allotment
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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
29-12-2022₹2Est. ₹35+6.06%
28-12-2022₹3Est. ₹36+9.09%
27-12-2022₹3Est. ₹36+9.09%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 16.23x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 164.52 | 151.41 | 139.36 | 112.96 |
| Total Income | 92.10 | 187.21 | 159.11 | 103.98 |
| Profit After Tax | 3.24 | 4.95 | 4.45 | 2.82 |
| NET Worth | 51.38 | 48.13 | 43.14 | 38.64 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | |
| Total Borrowing | 78.56 | 74.31 | 65.43 | 53.85 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sabar Flex India Ltd. | SME | ₹4.48 Cr | ₹11 | 9.48 | ₹22.05 | +100.45% | ₹4.70 (+4.44%) |
| Mega Flex Plastics Ltd. | SME | ₹11.40 Cr | ₹40 | 16.19 | ₹56.70 | +41.75% | ₹100.00 (+0.00%) |
| Cool Caps Industries Ltd. | SME | ₹11.63 Cr | ₹38 | 16.38 | ₹37.65 | -0.92% | ₹21.00 (+0.00%) |
| Clara Industries Ltd. | SME | ₹3.02 Cr | ₹43 | null | ₹44.00 | +2.33% | ₹36.19 (+3.40%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 10.82 |
| 2 | General corporate purposes | 4.60 |
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