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Uma Exports IPO is a book built issue of Rs 60.00 crores. The issue is entirely a fresh issue.
Uma Exports IPO bidding started from March 28, 2022 and ended on March 30, 2022. The allotment for Uma Exports IPO was finalized on Monday, April 4, 2022. The shares got listed on BSE, NSE on April 7, 2022.
Uma Exports IPO price band is set at ₹65 to ₹68 per share. The minimum lot size for an application is 220 Shares. The minimum amount of investment required by retail investors is ₹14,960.
Corporate Capitalventures Pvt Ltd is the book running lead manager of the Uma Exports IPO, while Mas Services Limited is the registrar for the issue.
Refer to Uma Exports IPO RHP for detailed information.
| IPO Date | March 28, 2022 to March 30, 2022 |
| Listing Date | April 7, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹65 to ₹68 per share |
| Lot Size | 220 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹60.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹60.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 24,986,300 |
| Share holding post issue | 33,809,620 |
Uma Exports IPO offers 9,230,769 shares. 184,614 (2.00%) to QIB, 2,676,924 (29.00%) to NII, 6,369,231 (69.00%) to RII. 28,951 RIIs will receive minimum 220 shares and (sNII) and (bNII) will receive minimum 3,080 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 184,614 (2.00%) | NA |
| NII (HNI) Shares Offered | 2,676,924 (29.00%) | |
| Retail Shares Offered | 6,369,231 (69.00%) | 28,951 |
| Total Shares Offered | 9,230,769 (100%) |
Uma Exports IPO opens on March 28, 2022, and closes on March 30, 2022.
| IPO Open Date | Monday, March 28, 2022 |
| IPO Close Date | Wednesday, March 30, 2022 |
| Basis of Allotment | Monday, April 4, 2022 |
| Initiation of Refunds | Tuesday, April 5, 2022 |
| Credit of Shares to Demat | Tuesday, April 5, 2022 |
| Listing Date | Thursday, April 7, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 30, 2022 |
Investors can bid for a minimum of 220 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 220 | ₹14,960 |
| Retail (Max) | 13 | 2860 | ₹194,480 |
| Lot Size Calculator | |||
Rakesh Khemka and Sumitra Devi Khemuka are the company promoters.
| Share Holding Pre Issue | 98.13% |
| Share Holding Post Issue |
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:
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 32,488.98 | 19,859.57 | 21,859.16 | 10,376.89 | |
| Total Revenue | 52,394.45 | 75,202.64 | 81,030.84 | 32,937.02 | |
| Profit After Tax | 897.12 | 1,218.47 | 832.98 | 288.66 | |
The market capitalization of Uma Exports IPO is Rs 229.91 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 12.81 |
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
[Dilip Davda] UEL’s financial performance has shown inconsistency in exports revenue as well as in domestic markets. It has posted super earnings for the last two and half fiscal which raises concern over its sustainability. Turning down of support by QIBs indicates something fishy for this company’s records. Its business also carries the risk of seasonality and Government policies for commodities trades. Based on its FY22 super earnings, the issue price appears aggressive compared to its peer. There is no harm in skipping this issue. Read detail review...
The Uma Exports IPO is subscribed 7.67 times on March 30, 2022 5:00:00 PM. The public issue subscribed 10.11 times in the retail category, 2.81 times in the QIB category, and 2.22 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 2.81 |
| NII | 2.22 |
| Retail | 10.11 |
| Total | 7.67 |
| Listing Date | April 7, 2022 |
| BSE Script Code | 543513 |
| NSE Symbol | UMAEXPORTS |
| ISIN | INE0GIU01018 |
| Final Issue Price | ₹68 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹68.00 |
| ₹80.00 |
| ₹76.00 |
| ₹84.00 |
| ₹84.00 |
| NSE |
|---|
| ₹68.00 |
| ₹76.00 |
| ₹76.00 |
| ₹79.80 |
| ₹79.80 |
Uma Exports Limited
Ganga Jamuna Apartment 28/1,
Shakespeare Sarani, 1st Floor,
Kolkata 700 017
Phone: +91 33 22811396 / 7
Email: cs@umaexports.net.in
Website: http://www.umaexports.net/
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: https://www.masserv.com/opt.asp
Uma Exports IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹65 to ₹68 per share. The minimum order quantity is 220 Shares.
The IPO opens on March 28, 2022, and closes on March 30, 2022.
Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Uma Exports IPO using UPI as a payment gateway. Zerodha customers can apply in Uma Exports IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Uma Exports IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Uma Exports IPO opens on March 28, 2022 and closes on March 30, 2022.
Uma Exports IPO lot size is 220 Shares, and the minimum amount required is ₹14,960.
You can apply in Uma Exports IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Uma Exports IPO will be done on Monday, April 4, 2022, and the allotted shares will be credited to your demat account by Tuesday, April 5, 2022. Check the Uma Exports IPO allotment status.
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