Uma Exports was incorporated on March 9, 1988. The company was initially engaged in the business of export of building materials like marble, granite, marble chips and other construction materials to the neighboring country, Bangladesh. Later, the company has been engaged in exporting agricultural produce and commodities including rice, wheat, sugar, and spices and also explored the business opportunities in Malaysia and Sri Lanka in addition to Bangladesh during these years.
| Bidding Dates |
|---|
| 28 Mar 2022 - 30 Mar 2022 |
| Subscription |
|---|
| 7.67x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,960 | 1 | 13 | 220 | 8.8 M | ₹65 - ₹68 | 73.9 % | ₹573.5 M - ₹600.0 M | RHP DOC |
Uma Exports IPO SUBSCRIPTION STATUS
30 Mar '22Uma Exports IPO overall subscription rate was 7.67 times the total available shares
Uma Exports IPO retail subscription rate was 10.11 times in the retail segment
Uma Exports IPO non-institutional investor subscription rate was 2.22 times in the non-institutional investor category
Uma Exports IPO Qualified Institutional Bidder subscription rate was 2.81 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 69% | 29% | 2% |
30 Mar 2022 (Day 3) | 10.11x | 2.22x | 2.81x |
29 Mar 2022 (Day 2) | 5.62x | 0.94x | 1x |
28 Mar 2022 (Day 1) | 2.9x | 0.46x | 0x |
Uma Exports FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY21 | 121.85 | 7,421.55 | 48.93 | 48.907 |
| FY20 | 83.30 | 8,067.64 | 21.63 | 20.974 |
| FY19 | 28.87 | 3,269.16 | 88.32 | 88.323 |
Uma Exports IPO SUBSCRIPTION STATUS DETAILS
Uma Exports had 8.8 M shares on offer
Uma Exports IPO offer price was in the range ₹65 - ₹68
Uma Exports IPO minimum Investment was ₹14960
Uma Exports IPO issue size was ₹ 573.5 M - ₹ 600.0 M
Uma Exports had a minimum lot size of 220 Shares per application
Uma Exports NUMBER OF SHARES ON OFFER
Uma Exports IPO IMPORTANT DATES
| Issue Open Date | 28 Mar 2022 |
| Issue close Date | 30 Mar 2022 |
| Allotment Date | 04 Apr 2022 |
| Refund Date | 05 Apr 2022 |
| Demat Account Credit Date | 05 Apr 2022 |
| Listing Date | 07 Apr 2022 |
| Listing on Exchange(s) | NSE and BSE |
| Uma Exports Allotment Status | Exchange |
Uma Exports IPO subscription opened on 28 Mar 2022, and closed on 30 Mar 2022
IPO allotment for Uma Exports was finalized on Monday, 04 Apr 2022
IPO listing for Uma Exports was on NSE and BSE on Thursday, 07 Apr 2022
Uma Exports IPO LISTING GAINS
| Issue Price (adjusted) | 68.0 |
| Listing Open Price | 80.0 |
| Listing Close Price | 84.0 |
| Listing Gain% | 17.6% |
| Current Gain% | -70.5% |
Uma Exports Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Uma Exports Ltd. | 20.1 | 67.9 | 80.6 | -1.1 | 0 | 0.4 | 0.2 | 1535.6 | -11.6 | 0.8 | -76.1 | 0.2 | -75.9 |
| Adani Enterprises Ltd. | 3020 | 408730.2 | 54.9 | 3.3 | 3.7 | 11.5 | 3.6 | 102943.2 | 2.6 | 9339.5 | 31.6 | 55 | 16.7 |
| Redington Ltd. | 354.8 | 27741.3 | 16.3 | 4 | 0.2 | 14.7 | 4.4 | 119347.4 | 19.9 | 1490.2 | -7.1 | 21.8 | 4.1 |
| Lloyds Enterprises Ltd. | 83.5 | 12611.6 | 44.5 | 0.1 | 7.2 | 6.8 | 3.9 | 2183.7 | 39 | 283.4 | 396.5 | 1.9 | 396.5 |
| Swan Corp Ltd. | 308 | 9656 | 35.2 | -0.6 | 2.2 | 3.6 | 2 | 5143.5 | -25.3 | 274.1 | -63.7 | 8.7 | -63.7 |
| MMTC Ltd. | 64 | 9597 | 24.8 | 0.1 | 2814.4 | 18.3 | 13.8 | 180.6 | -31.3 | 387.4 | 347.2 | 2.6 | 347.2 |
Uma Exports INFORMATION ON IPO ISSUE
About Uma Exports
Uma Exports was incorporated on March 9, 1988. The company was initially engaged in the business of export of building materials like marble, granite, marble chips and other construction materials to the neighboring country, Bangladesh. Later, the company has been engaged in exporting agricultural produce and commodities including rice, wheat, sugar, and spices and also explored the business opportunities in Malaysia and Sri Lanka in addition to Bangladesh during these years.
Object of the Issue
1. Augmentation of working capital requirements
2. General Corporate Purposes
Uma Exports - PROMOTERS
| Name |
|---|
| Rakesh Khemka |
| Sumitra Devi Khemuka |
Uma Exports Book Running Lead Managers
Corporate Capitalventures Private Limited
kp@ccvindia.com
Uma Exports Registrar to the Offer
MAS Services Limited
info@masserv.com
Uma Exports Strengths
Client relations
Long term relationships with clients and repeat business
Track record
The company has a track record of growth and profitability
Market presence
Strong presence in agro commodities trading segment
Uma Exports Risks
Incurred losses
The company's group companies have incurred losses in the past and may incur losses in the future
Documentation issues
Some of the corporate records relating to changes in the share capital of the company are not traceable and also records of bank documents relating to certain share allotments made by the company.
Reports of norm violations
The company is in multiple violations of the Foreign Exchange Management Act, 1999, and certain provisions of the Companies Act, 2013
IPO FAQs
The promoters of the company are Rakesh Khemka and Sumitra Devi Khemuka.
The category allocation of qualified institutional buyers is 2.0%, the category allocation of non individual investors or high networth individuals is 29.0% and for retail investors it is 69.0%.
The price band of the IPO is Rs 65.0 - 68.0.
The IPO application opens on Mar 28, 2022 and closes on Mar 30, 2022.
The minimum lot size for the IPO is 220. The maximum lot size for the IPO is 2860.
For all category investors, the minimum application amount for this IPO is Rs. 14,960.0, the maximum value for this IPO is Rs 194,480.0.
This IPO will be allotted on Apr 04, 2022.
The refund will be credited to your account on Apr 05, 2022.
The allotted shares will be credited to your demat on Apr 05, 2022.
Uma Exports Ltd.’s shares listed on the stock exchanges on Apr 07, 2022.