Uma Converter Ltd IPO
Established in 1999, Uma Converters filed its DRHP with SEBI and the issue consists of a fresh issue worth Rs.36 crore and an offer for sale of...
Uma Converter Ltd IPO Details
-
Open Date
15 Dec 2022
-
Close Date
21 Dec 2022
-
Listing Date
29 Dec 2022
- IPO Price Range
₹ 33 per share
- IPO Size
₹ 18.41 Cr {55 80,000 Shares} Cr
- Listing Exchange
NSE SME
Uma Converter Ltd IPO Timeline
Last Updated: 26 December 2022 12:33 AM by 5paisa
Incorporated in 199, the company is engaged in the manufacturing of flexible packaging material. They have 2 manufacturing units with a combined installed capacity of 1,800 metric tons per anum. They are spread across 17 states of India.
Due to the high amount of quality control displayed by the company, they have been exporting their finished products to countries like Saudi Arabia, Senegal, Australia and USA. Uma Converter’s products are made out of a wide array of materials like polythene, foil, paper, bio-degradable films etc. They aim for sustainability and follow the motto of “Reuse, Recycle and Upcycle”. They have also executed many agreements for Ambuja Cements for disposal of plastic waste in an environmentally friendly way.
Uma Converter’s key customers are the renowned brands in the food, beverage, and household goods manufacturing industry like biscuits, rusks, dairy products etc. They also have customers in the hygiene and personal care space.
Financials
|
Particulars (In Rs lacs) |
Q3 ended 31 December, 2020 |
FY20 |
FY19 |
FY18 |
|
Revenue |
11,782.98 |
10,359.1 |
10,442.93 |
9,017.2 |
|
PAT |
425.12 |
274.26 |
425.62 |
415.95 |
|
EBITDA |
1,167.22 |
1,056.77 |
1,104.55 |
1,012.88 |
|
EPS (In Rs) |
2.89 |
2.01 |
3.29 |
3.66 |
|
Particulars (In Rs lacs) |
Q3 ended 31 December, 2020 |
FY20 |
FY19 |
FY18 |
|
Total Assets |
13,653.79 |
11,304.24 |
8,621.29 |
7,822.66 |
|
Total Borrowings |
6,442.26 |
5,247.22 |
3,605.17 |
3,336.99 |
|
Equity Share Capital |
1,469.43 |
1,469.43 |
648 |
405 |
Strengths
1. They have an integrated business model which allows them to provide end to end services, starting from development of the product, right up to the manufacturing and finishing the final product
2. Due to the company’s longstanding market presence in India, they have been able to cater to various companies across different industries
3. They have a longstanding relationship with their customers and are spread across diverse industry verticals
4. They are highly focused on inhouse R&D
Risks
1. The company’s inability to manage and efficiently utilize the R&D and design divisions and help them develop and design better and more innovative products will lead to a decrease in profit and have an adverse effect on the business
2. The company has recently set up a new manufacturing unit, the capacity of which cannot be judged yet due to a lack of historical data
3. The food and beverage industry is one of the main customers of the company and a big chunk of the revenue is obtained from this industry
4. If the demand for the end use products, in which the company’s products are used as raw materials decreases, it will materially affect the company’s business operations and financials
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