15 Dec 2022
21 Dec 2022
₹ 18.41 Cr
29 Dec 2022
₹ 33 per share
Uma Converter is engaged in manufacturing flexible packaging material which is multi-functional and caters to the packaging requirements of various industries.
The issue size of Rs. 18.41 cr consists of a fresh issuance of 5,580,000 equity shares.
The net proceeds from the Issue towards the following: • Funding the Working Capital Requirements of the Company • General Corporate Purposes
The Uma Converter IPO market lot size 4000 shares per lot. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹132,000).
The Uma Converter IPO shares will be allotted on 26th December while the issue will be listed on 29th December.
Uma Converter is promoted by Mr. Sumer Raj Lodha, Mrs. Nirmala Lodha and Mr. Abhishek Sumerraj Lodha.
GYR Capital Advisors Ltd is the book running lead managers to the issue.