Uma Converter Limited
IPO Details
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Company Fin.
₹3(9.09%)
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Uma Converter Limited's successfully transitioned to public market status with its listing on NSE on Dec 29, 2022. The IPO mobilized 55,80,000 Shares in cumulative capital, including 55,80,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹33 to ₹33, with minimum investment lots of 4000 shares. subscription activity between Dec 15, 2022 and Dec 21, 2022 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Dec 26, 2022, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2000, Uma Converter Limited manufactures flexible packaging materials, offering products such as multi-colour pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, and e-commerce bags, along with providing printing and lamination services on a job-work basis. The company has a service agreement with Ambuja Cements Limited for environmentally friendly plastic waste disposal through cement kiln processing. Uma Converter’s packaging solutions cater to the food and beverage, e-commerce, pharmaceutical, hygiene and personal care, household, and agricultural industries. With R&D facilities located in both Unit I and Unit II, the company emphasizes in-house technology-driven innovation. It operates two manufacturing units in Gujarat—Unit I at Santej and Unit II at Timba—each equipped with quality control and assurance divisions. The company reported revenues from operations of ₹18,698.56 lakh in FY 2022, ₹15,813.30 lakh in FY 2021, and ₹10,359.10 lakh in FY 2020.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Sumer Raj Lodha
- Mrs. Nirmala Lodha
- Mr. Abhishek Sumerraj Lodha
Uma Converter Limited
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