Uma Exports Limited IPO Message Board (Page 5)

Those who applied under hni (2lakhs-10lakhs)in this ipo.please post here how much worth of shares you are alloted.
Thank you

For all ipos opened before 1st april, allotment in HNI will be as per older rules, no matter when they are closing, no matter when the allotment date is.
So since it is subscribed 2.2 times in HNI so 14 lot HNI application will be allotted 14/2.2 lots, simple.

When new rules are applied, banks should have separate category for 2-10 & 10+ while applying.

Even if not, at least BSE/NSE sites should reflect subscription data of all categories separately.

Gmp pls

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@K.atar
You have wanted to know the rationale of introducing the new rules. @TSG has given some convincing reply. I am emotionally attached to this question as much as I have hopelessly observed the poisoned proceedings for some years.
Our friends in this forum who take part in the NII category have taken much pain to find out the best possible pattern to extract the most . How many lots, single/ multiple bidding , how to break, where from to get fund with moderate rate etc etc. But all the efforts were for getting a single lot. Many a times , I have painfully seen , some has not been able to get a lot even applying for 200 to 900 lots .Sometimes 1.25 crore investment failed to bring a lot worth for 15000 . A lot worth 15000 will give say 5000 -15000 out of which 3000-5000 will go to the financier. What remains!
If you go through the calculation shown by me, all these activities referred by me meant for grabbing only say 0.5% of shares earmarked for this category. 99.5% taken away by the big players may be mostly funded. What an injustice under the very nose of the regulators !
After a study, the regulator makes out that the criteria of " proportional allotment " is the root of all evils. So they are going to do away with the conception of proportional allotment.Now 1/3 will be resered for the new category. Now on whosoever applies for 2-10 lac will get atleast 2 lac based on lottery if required. It is a sea change , as because only genuine takers will come. So either zero or atleast 2 lac .Consequently the entire configuration will change .The funding pattern will change . No blanket funding . The price movement pattern will also undergo changes .
So , this is an endeavour to correct the funding related evils.
The regulator could have done something for the retailers. Last hour bidders snatch the broth from the earlier bidders. Sudden stop is an useful tool in the hand of the regulator to curb any unwanted thing.
They can easily introduce a system of sudden stop on random basis as soon as the retail subscription crosses a limit say 5 times / 10 times.
This is a candid narration of what I have seen and felt.Not to take any offence of it.
Thanking you

@Dada, I agree with your reasoning and it will pave new way for genuine investors and pros and cons of this new system we will come to know later as you rightly pointed out.
Thanks for taking your time to reply me
My best wishes and Regards 🙏

Excellent 1 number

Applied 25 lots.

I finally could apply for 3 lots only, which is 2 asba and 1 upi.
had error in 2nd upi mandate hence only 3.

@ eklavya.. hii buddy nice to see you after a long. Actually I was also bit surprised to see that cut off time was extended till 3pm. I don't knw why it didn't shown at ur side. May b its was different for state wise.
@ lokes.. I just played a small gamble.. not hoping anything big. infact its a risky bet. The only positive that I saw that company running in profit.

Very low margin business. Only way to increase profits for the company is to trade more and more. No doubt that they need more capital to survive. Margin is so low that going for debt will not be financially viable. I believe subscription numbers are not genuine but Pure speculators can decide to invest based on their risk profile and understanding of company & business.

What is the link to check uma ipo allotment status?

That I know. http://www.masserv.com
But there is no any link to check the allotment status

Allotment shall be on 04/04/2022, you may check then.

@lokes @chalak lomdi @mr ravi sir applying?

Dear Lokes ji,

Hope you are doing well.

Wanted to know about your updated views on Precision metallick & DMR hydroengineering.

Regards

@nishasondhiya : i am still holding both DMR and precision. I know both are not performing and moving in ranges. Will wait till results in both to decide any further action. Or if DMR will come above 32 around before results, then i will sell that.
Regarding precision, i have mentioned some opinion here also.
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1227&c=501262&ap=0

What you guys think about this IPO?
Will it give 10% return?

@ Chittorgarh Team,
Today Indusind Bank allows only One Application. It seems INdusind bank does not allow 3rd Party ASBA for 5 application. Is there any change in Policy ?

@Riyansh Sir,
We are not aware of any change in policy.

@Members,
If you have an account with IndusInd bank, could you please check?

Don't know why but my inner voice said so I applied a lot

Take mine into your throat to choke your inner voice

@all time high

Please ignore my message, if you think they were not as per your expectation.
and keep your suggestion with you to use yourself first.

I appreciate your message without using bad word

I catch something fishy here.

In QIB section on NSEIf we see 184000 Shares for each 68 price and some one deliberately applied for the same amount so it will come to 1.25 crore.

That means either promotor or their relatives have deliberately applied for 1.25crore rupees share so people come to know that QIB section is fully subscribed so they keep interest in this IPO.

Not a single Share is being purchased by the Mutual fund , FII,Bank or Insurance company and in BSE the amount applied is "Zero"

So not taking risk this time until big bulls apply

Walekum salam, how i can help

I am applying for 1 lot as FII increased and retail lot too. Also looking at their website as they are supplying to Russia - looking at War prospect, they will be having good demand and Srilanka as they are very down in national income. Also Bangladesh,UAE, afghan lot of people will have demand in Ramadan for their product good business expected. 1 Lot retail applied

Am I the only person who can't see the issue size? Or it has not been updated?

Issue size 60 cr

Thanks krupa, but I can't see the number of equity shares offered.

@Noorul @Lokes @MRavi and other friends
Please share your final views about UMA.
Are you applying in HNI or Retail???

Noorul you were keeping an eye on Uma. What does it say?

I applied 25 lots. Today kotak cut off was 3pm.

I am applying 4 retails applications, 2 ASBA and 2 UPI to confirm tomorrow.

Indusind Bank not Accepting More than 1 IPO Application. Is anyone facing same issue ?

looks good to me
i have applied

Apply for listing gain of 20% plus.

Enjoy listing gain💥💥💥

@Amit Chheda,
I missed to apply here. great listing. all the best for those allotted.

Thanks

This company exports mainly sugar to our neighbors, like Srilanka, Bangladesh, Myanmar and Afganisthan and imports mainly Lentils from Canada, Netherland and USA. The export part will see less stress due to fuel price hike, while the import part will be affected by both crude price and INR valuation.
Valuation: Company's 3 year average P/E is 18.3 (FY 2021 alone 13.7) and P/B is 2.44 (March 2021). This is reasonably good among its peers.
Business potential: Uma exports has a RoNW of 14.48 (3 year average) and is gradually improving y-o-y (5.27 - 14.33 - 17.67). Currently, the company's profit mainly depends on the imports. Being the largest (or second) producer, sugar export from India has scope.
My opinion: This company may concentrate more in exports in the future. This IPO is 100 % fresh issue. Out of 60 cr, 50 cr will be deployed as working capital which will improve the working capital by 50 %. So the business may see good improvement. I am applying despite being a small issue.
Disclaimer: This is my personal opinion. Please consult SEBI registered financial advisors.

i have also applied and i agree with your views

Red flags all over. Not applying.

Uma export GMP???

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लगता हे की लोग "मन की बात सुनते " हे..

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Uma Exports IPO Reviews/ Ratings
Capital Market - Avoid
Dilip Davda - Avoid
Marwadi Shares and Finance Ltd - Avoid
.

2nd day Retail Subscription 3.79
.

Ruchi Soya FPO Reviews/ Ratings
Angel Broking - Apply
Ashika Research - Apply
Axis Capital - Neutral
Capital Market - May apply
Dilip Davda - Apply
ICICI Securities - Neutral
JM Financial Institutional Securities - Neutral
Marwadi Shares and Finance Ltd - Apply

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last day Retail Subscription 0.90

UMA EX GPM???

@keTanSP
In past I applied to those IPO as well where almost everyone suggested Avoid, like this, and rest is history