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IPO

IPO Synopsis
Uma Converter Ltd
Registered Office: Block No 868 Nr CNG PetrolPumb,Santej Rd Vil-Santej Tal-Kalol , Gandhinagar - 382721 , Gujarat , India.
Phone : 91-93-2710 3652   Fax:
Email :  cs@umaconverter.com  
Website :  www.umaconverter.com
Public issue of 55,80,000 equity shares of face value Rs. 10 each ("Equity Sharesö) of Uma Converter Limited (the "Company" or the "Issuer") for cash at a price of Rs. 33 per equity share (including a securities premium of Rs. 23 per equity share) (the "Issue Price"), aggregating Rs. 18.41 crores ("Issue") of the issue, 3,00,000 equity shares aggregating to Rs .0.99 crores is reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 52,80,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 33 per equity share aggregating to Rs. 17.42 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.53% and 26.05%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 3.3 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Dec-22 21-Dec-22 Rs33.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  Rs Cr Lead Managers to the Issue
Project Cost 15.42
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 18.41  
Post Issue Equity Share Capital 20.27  
Issue Price Rs33.00  
 
Projects
Funding the working capital requirements of the companyGeneral corporate purposes
Promoted By
Sumer Raj Lodha
Nirmala Lodha
Abhishek Sumerraj Lodha
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd