Uma Exports Limited IPO Detail
Incorporated in 1988, Uma Exports Limited markets, trades and distributes agricultural products including rice, wheat, sugar, spices, dry red chillies, coriander, cumin seeds, food grains, pulses, etc. It is a B2B trader that supplies products to manufacturers, exports, etc. The company imports products like lentils, faba beans, black urad dal, and tur dal in India in bulk quantities from Canada, Australia, and Burma.
The company not just supplies agricultural products domestically but also supplies it in the international markets as it has expanded its business in Malaysia, Sri Lanka, and Bangladesh.
Competitive Strengths:
- Experienced management team with proven project management and implementation skills.
- Strong presence in agro commodities trading segment.
- Track record of growth and profitability.
- Long-term relationship with clients and repeat business.
Company Promoters
Rakesh Khemka and Sumitra Devi KhemukaIPO Details
| IPO Opening Date | Mar 28, 2022 |
| IPO Closing Date | Mar 30, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹65 - 68 per equity share |
| Market Lot | 220 Shares |
| Min Order Quantity | 220 Shares |
| Listing At | BSE, NSE |
| Issue Size | ₹60.00 Cr |
| Fresh Issue | ₹60.00 Cr |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0x | - | - | 0.46x | 2.9x | 2.13x |
| Day 2 | 1x | - | - | 0.94x | 5.61x | 4.17x |
| Day 3 | 2.81x | - | - | 2.22x | 10.11x | 7.67x |
IPO Tentative Timetable
The Uma Exports Limited IPO open date is Mar 28, 2022, and the close date is Mar 30, 2022. The issue may list on Apr 07, 2022.
| IPO Open Date | Mar 28, 2022 |
| IPO Close Date | Mar 30, 2022 |
| Basis of Allotment Date | Apr 04, 2022 |
| Initiation of Refunds | Apr 05, 2022 |
| Credit of Shares to Demat Account | Apr 05, 2022 |
| IPO Listing Date | Apr 07, 2022 |
IPO Lot Size
The Uma Exports Limited IPO market lot size is 220 shares. A retail-individual investor can apply for up to 13 lots (2860 shares or ₹194480).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 220 | ₹14960 |
| Maximum | 13 | 2860 | ₹194480 |
IPO Promoter Holding
| Pre Issue Share Holding | 98.13% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Sep-21 | 32488.98 | 52394.45 | 897.12 |
| 31-Mar-21 | 19859.57 | 75202.64 | 1218.47 |
| 31-Mar-20 | 21859.16 | 81030.84 | 832.98 |
| 31-Mar-19 | 10376.89 | 32937.02 | 288.66 |
Objects of the Issue:
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Augmentation of working capital requirements.
- General Corporate Purposes.
Uma Exports Limited IPO Registrar:
MAS Services Limited
Uma Exports Limited IPO Lead Manager(s):
Corporate CapitalVentures Pvt Ltd
Company Contact Information:
Uma Exports Limited
Ganga Jamuna Apartment 28/1,
Shakespeare Sarani, 1st Floor,
Kolkata
