Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Uma Exports IPO is a book build issue of ₹60.00 crores. The issue is entirely a fresh issue of 0.88 crore shares of ₹60.00 crore.
Uma Exports IPO bidding started from Mar 28, 2022 and ended on Mar 30, 2022. The allotment for Uma Exports IPO was finalized on Apr 4, 2022. The shares got listed on BSE, NSE on Apr 7, 2022.
Uma Exports IPO price band is set at ₹68.00 per share . The lot size for an application is 220. The minimum amount of investment required by an retail is ₹14,300 (220 shares). The lot size investment for sNII is 14 lots (3,080 shares), amounting to ₹2,09,440, and for bNII, it is 67 lots (14,740 shares), amounting to ₹10,02,320.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of 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 |
| Issue Price Band | ₹65 to ₹68 per share |
| Issue Price Final | ₹68 per share |
| Lot Size | 220 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 88,23,530 shares (aggregating up to ₹60.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,49,86,300 shares |
| Share Holding Post Issue | 3,38,09,620 shares |
Uma Exports IPO offers total 88,23,320 shares. Out of which 1,76,440 (2.00%) allocated to QIB, 25,58,600 (29.00%) allocated to NII, 60,88,280 (69.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,76,440 (2.00%) | NA |
| NII (HNI) Shares Offered | 25,58,600 (29.00%) | NA |
| Retail Shares Offered | 60,88,280 (69.00%) | 27,674 |
| Total Shares Offered | 88,23,320 (100.00%) |
Uma Exports IPO opens on March 28, 2022, and closes on March 30, 2022.
| IPO Open Date | Mon, Mar 28, 2022 |
| IPO Close Date | Wed, Mar 30, 2022 |
| Tentative Allotment | Mon, Apr 4, 2022 |
| Initiation of Refunds | Tue, Apr 5, 2022 |
| Credit of Shares to Demat | Tue, Apr 5, 2022 |
| Tentative Listing Date | Thu, Apr 7, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Mar 30, 2022 |
Investors can bid for a minimum of 220 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 220 | ₹14,960 |
| Retail (Max) | 13 | 2,860 | ₹1,94,480 |
| S-HNI (Min) | 14 | 3,080 | ₹2,09,440 |
| S-HNI (Max) | 66 | 14,520 | ₹9,87,360 |
| B-HNI (Min) | 67 | 14,740 | ₹10,02,320 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - 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 ₹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...
| Listing Date | April 7, 2022 |
| BSE Script Code | 543513 |
| NSE Symbol | UMAEXPORTS |
| ISIN | INE0GIU01018 |
| Final Issue Price | ₹68 per share |
| BSE Listing Group | T |
Uma Exports Ltd.
Ganga Jamuna Apartment 28/1,
Shakespeare Sarani, 1st Floor,
Kolkata 700 017
Kolkata, West Bengal
Phone: +91 33 22811396 / 7
Email: cs@umaexports.net.in
Website: http://www.umaexports.net/
MAS Services Ltd.
Phone: (011) 2610 4142
Email: info@masserv.com
Website: https://www.masserv.com/opt.asp
Uma Exports IPO is a main-board IPO of 88,23,530 equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹68 per share. The minimum order quantity is 220.
The IPO opens on March 28, 2022, and closes on March 30, 2022.
MAS Services Ltd. 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, and the minimum amount required for application is ₹14,960.
You can apply in Uma Exports IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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.
The Uma Exports IPO listing date is on Thursday, April 7, 2022.
Useful Articles
RHP