IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

Uma Converter Limited will raise Rs 3,600 lakhs through IPO route. The company manufactures flexible packaging material with an installed capacity of 720 metric tons per annum.

About Uma Converter Limited

Founded in 1999, the company manufactures flexible packaging material. They have a total installed capacity of 720 metric tons per annum. The company began its financial operation in 2001 with a turnover of Rs 88 lakh and since recorded a steady rise in income and operation. In 2018, they set up a second manufacturing unit in Dascroi, Ahmedabad.

Uma Converter Limited Objective 

  • They intend to utilise the net proceeds from the fresh issues for repayment and prepayment of certain market borrowings.
  • The company will use the fund for expansion of the manufacturing unit in Timba, Gujarat.

Why should you invest in Uma Converter Limited IPO?

Here are our top reasons.

  • They have developed significant business relationships with several USA and UK pharmaceutical companies for research, design, and development of a vast range of therapeutic products.
  • The company has displayed resilience and increased its net turnover during the COVID-19 period in 2020.
  • The company commenced export operation from unit-I in 2006 and from unit-II in 2019. 
  • The flexible packaging material manufactured by the company has multipurpose uses and helps it cater to the needs of various industries.

IPO Financials

Particulars FY21 FY20 FY19
Revenue From Operation 10,359.10 10,442.93 9017.20
EBITDA 1,056.77 1104.55 1012.88
EBITDA Margin (%) NA NA NA
Profit After Tax 274.26 425.62 415.95
EPS 2.01 3.29 3.66
ROE NA NA NA

Know before investing

Strengths

3

Their integrated business model provides all packaging solutions to customers by researching and designing suitable packaging materials.

They have a long standing business presence in providing need-based packaging solutions to PAN India customers.

They cater to customers from various industries, including food and beverage, hygiene and personal care, pharmaceutical, household, and agriculture.

Risks

3

Outbreak of a global pandemic will impact the future cash flow of the company.

A slowdown of the country’s economy can impact the company’s financials in the future.

Changing laws, rules and regulations, legal uncertainties, and changes in the tax system may adversely impact the company’s future profitability.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Peer Comparison

Company Name Total Income (in rs million) EPS P/E
Essel Propack Ltd. 9,552 4.85 57.81
Uflex Ltd. 74,316.23 51.21 17.21
Mold-Tek Packaging Ltd. 4,393.62 16.97 28.48
Huhatamaki PPL Ltd. 24,707.20 11.24 26.20
Uma Converted Ltd. 1,039.85 2.01 NA

What is Uma Converter Limited IPO?

Uma Converter Limited will raise Rs 3,600 lakhs through IPO route.

When will Uma Converter Limited IPO allotment be available?

Details not available.

What will be Uma Converter Limited IPO lot size?

Details not available.

When will Uma Converter Limited IPO open for subscription?

Details not available.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Uma Converter Limited list on exchanges?

It usually takes ten working days from the last day of subscription to list the IPO on the bourses.

How to check the allotment status of Uma Converter Limited IPO?

Angel One customers can log in to their accounts to check Uma Converter Limited IPO allotment status.

When checking the allotment status, keep your application, DP ID, and PAN number ready.

What would be the listing gains on Uma Converter Limited IPO?

Listing gain is the difference between the IPO’s opening and offer prices.

The listing gain results from changing investors’ interests, global parameters, and short vs long-term outlooks.

I have finished the application process for Uma Converter Limited IPO, but the funds are not yet debited. What is the reason?

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.

How to approve the UPI mandate request for Uma Converter Limited IPO?

Login to your UPI handle and approve the payment mandate to complete the IPO application process.

Can I submit more than one application for the public issue of Uma Converter Limited using one PAN?

You can submit only one application using one PAN card.

What is the minimum order quantity for Uma Converter Limited IPO?

The minimum size of the application will be one lot.