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Uma Converter Limited IPO
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.
Opening Date
To be announced
Closing Date
To be announced
Price Band
To be announced
Issue Size
To be announced
Face Value
To be announced
Market Lot
To be announced
Opening Date
To be announced
Closing Date
To be announced
Price Band
To be announced
Issue Size
To be announced
Face Value
To be announced
Market Lot
To be announced
Listing at NSE, BSE
Uma Converter Limited IPO Important Dates
| IPO Open Date | To be announced |
|---|---|
| IPO Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation Of Refunds | To be announced |
| Credit Of Shares To Demat Account |
To be announced |
| IPO Listing Date | To be announced |
| UPI Mandate Expiry Date | To be announced |
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 IPO Objectives
• 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 the 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.
Financial Highlights
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| FY20 | FY19 | FY18 | |
| 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 |
How to apply for Uma Converter Limited IPO?
Retail investors need to apply for the IPO using UPI.
UPI
- Link your bank account to a UPI ID.
- Register your UPI id with your Demat account.
- Subscribe for Uma Converter Limited IPO and approve the payment on your UPI ID.
Demat Account
- If you are an existing Angel One user, Pre-Apply Now!
- If you’re a new investor, open an Angel One Demat account for free and begin your investment journey.
Uma Converter Limited IPO Noteworthy Highlights:
- Uma Converted recorded an increase in its sales revenue by 39% and its profit rose by 155% in 2011.
- During the countrywide lockdown in 2020, the company had reported a net turnover of rs 10,359.10 lakhs.
The Brand’s Pros & Cons:
| Pros | Cons |
|---|---|
| Their integrated business model provides all packaging solutions to customers by researching and designing suitable packaging materials. | Outbreak of a global pandemic will impact the future cash flow of the company. |
| They have a long standing business presence in providing need-based packaging solutions to PAN India customers. | A slowdown of the country’s economy can impact the company’s financials in the future. |
| They cater to customers from various industries, including food and beverage, hygiene and personal care, pharmaceutical, household, and agriculture. | Changing laws, rules and regulations, legal uncertainties, and changes in the tax system may adversely impact the company’s future profitability. |
Competitive Peers
The company will continue to face competition from its peers. Given below is a comparison of listed peers.
| 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 |
Uma Converter Limited IPO FAQs
What is Uma Converter Limited IPO?
When will Uma Converter Limited IPO allotment be available?
What will be Uma Converter Limited IPO lot size?
When will Uma Converter Limited IPO open for subscription?
What minimum lot size can retail investors subscribe to?
When will Uma Converter Limited list on exchanges?
How to check the allotment status of Uma Converter Limited IPO?
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?
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?
How to approve the UPI mandate request for the Uma Converter Limited IPO?
Can I submit more than one application for the public issue of Uma Converter Limited using one PAN?
What is the minimum order quantity for Uma Converter Limited IPO?
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