Uma Exports IPO Details

Bookbuilding IPO | ₹60 Cr | Listed at BSE, NSE | Mon, Mar 28, 2022 - Wed, Mar 30, 2022

Uma Exports IPO Logo

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 per share. The lot size for an application is 220. The minimum amount of investment required by an retail is ₹14,960 (220 shares) (based on upper price). 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 Open

Mon, Mar 28, 2022

IPO Close

Wed, Mar 30, 2022

Issue Price

₹68 per share

Market Cap (Pre-IPO)

₹229.91 Cr

IPO Details

IPO Date28 to 30 Mar, 2022
Listed onThu, Apr 7, 2022
Face Value10 per share
Price Band₹65 to ₹68
Issue Price₹68 per share
Lot Size220 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size88,23,530 shares
(agg. up to ₹60 Cr)
Fresh Issue 88,23,530 shares
(agg. up to ₹60 Cr)
Share Holding Pre Issue2,49,86,300 shares
Share Holding Post Issue3,38,09,620 shares
BSE Script Code / NSE Symbol543513 / UMAEXPORTS
ISININE0GIU01018

IPO Timetable

IPO Reservation

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 Max 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 Offered88,23,320 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 220 shares and in multiples thereof. 

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
IPO Subscription Details

About Uma Exports Ltd.

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:

  1. Experienced management team with proven project management and implementation skills.
  2. Strong presence in agro commodities trading segment.
  3. Track record of growth and profitability.
  4. Long-term relationship with clients and repeat business.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Augmentation of working capital requirements 50.00
2 General corporate purposes 4.86
Total 54.86

Key Performance Indicator (KPI)

KPI
ROE17.52
ROCE28.89
Debt/Equity0.61
RoNW17.67
PAT Margin1.62%
EBITDA Margin2.83%
Pre IPOPost IPO
EPS (₹)4.92
P/E (x)12.81
Promoter Holding98.13%
Market Cap229.91 Cr.
Rakesh Khemka and Sumitra Devi Khemuka are the company promoters.

IPO Review

[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...

Uma Exports IPO Recommendations

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Uma Exports IPO Subscription Status (Bidding Detail)

The Uma Exports IPO is subscribed 7.67 times on March 30, 2022 5:00:00 PM (Day 3). 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)

CategorySubscription (times)Shares OfferedShares bid for
QIB2.811,84,6145,19,640
NII2.2226,76,92459,49,240
Retail10.1163,69,2316,43,60,780
Total7.6792,30,7697,08,29,660

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Book Running Lead Manager fees, Advisors and commissions (including any underwriting commission, brokerage and selling commission) 2.82
2 Advertising and marketing expenses 0.24
3 Fees payable to Registrar to the Issue 0.05
4 Brokerage and selling commission payable to SCSBs, Registered Brokers, RTAs and CDPs, as applicable 0.25
5 Processing fees to the SCSBs and to the Sponsor Banks for ASBA Forms procured by Registered Brokers, RTAs or CDPs 0.25
6 Printing and distribution of issue stationery 0.14
7 Others
8 Listing fees 0.05
9 SEBI, BSE, NSE processing fees 0.16
10 Book Building software fees 0.21
11 Other regulatory expenses
12 Fees payable to legal counsel 0.12
13 Miscellaneous 0.85
Total 5.14

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price68.0068.00
Open80.0076.00
Low76.0076.00
High84.0079.80
Last Trade84.0079.80

Check IPO Performance…

IPO Registrar

MAS Services Ltd.

Contact Details

Uma Exports Ltd. Address
Ganga Jamuna Apartment 28/1,
Shakespeare Sarani, 1st Floor,
Kolkata 700 017
Kolkata, West Bengal
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IPO FAQs

Uma Exports IPO is a main-board IPO of 88,23,530 equity shares of the face value of ₹10 aggregating up to ₹60 Crores. The issue is priced at ₹68 per share. The minimum order quantity is 220.

The IPO opens on Mon, Mar 28, 2022, and closes on Wed, Mar 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Uma Exports IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Uma Exports IPO opens on Mon, Mar 28, 2022 and closes on Wed, Mar 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 Tue, Apr 5, 2022. Check the Uma Exports IPO allotment status.

The Uma Exports IPO listing date is on Thu, Apr 7, 2022.

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