Issue Price
₹33
Per Share
GMP
NIL
Grey Market
Est. Listing
₹33
Expected Price
Min. Application
₹264,000
2 lots × 4000 shares
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 at Santej and Unit - II 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.
Uma Converter Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 300,000 | — | ₹0.99 Cr | — |
| TOTAL | 5,580,000 | 100.00% | ₹18.41 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹132,000 |
| Retail (Max) | 13 | 52,000 | ₹1,716,000 |
| sNII (Min) | 14 | 56,000 | ₹1,848,000 |
| bNII (Min) | 68 | 272,000 | ₹8,976,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 10398.45 | 15911.11 | 18720.79 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 281.91 | 445.09 | 494.96 |
| Net Worth | 3864.47 | 4314.25 | 4812.58 |
| Total Assets | 11296.41 | 13936.02 | 15140.92 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 5385.15 | 6543.22 | 7431.19 |