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Uma Exports Limited IPO : Financials and Key Dates

Uma Exports initiated its business operations in 1988. The company primarily imports agro products from Canada, Burma and Australia. It does provide agro products for domestic use as well. Not only that, its products are exported into Bangladesh, Sri-Lanka, Malaysia etc. It trades majorly into agricultural commodities only.

IPO DETAILS

Uma Exports Limited IPO is set to launch on 28th March, 2022. The subscription timeline extends till 30th March, 2022. The size for the IPO is 60 Crore Rs.. No Shares are issued through Offer for Sale. Shares issued through Fresh Issue are worth Rs. 60 Crore. The lot size is 220 shares and the price range is 65 Rs. – 68 Rs./ share. The company is going to get listed at both the exchanges NSE and BSE. The face value per share is Rs. 10 and this is a book built issue. The registrar for the company is MAS Services Limited.

TABULAR REPRESENTATION OF IPO DETAILS

IPO OPENING DATE	28th March, 2022
CLOSING DATE FOR IPO	30th March, 2022
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	65 Rs. – 68 Rs.
LOT SIZE	220 shares
MINIMUM ORDER QUANTITY	220 shares
ISSUE SIZE	60 Crore Rs.
OFFER FOR SALE	No shares for OFS
FRESH ISSUE	60 Crore Rs.
LISTING AT	NSE, BSE
LISTING DATE	7th April, 2022

IMPORTANT DATES

IPO OPENING DATE	28th March, 2022
CLOSING DATE FOR IPO	30th March, 2022
IPO ALLOTMENT DATE	4th April, 2022
REFUNDS	5th April, 2022
DEMAT A/C CREDITED ON	5th April, 2022
IPO LISTING DATE	7th April, 2022

Uma Exports Limited IPO begins for subscription from 28th March, 2022. The IPO subscription would continue till 30th March, 2022. The allotment status for the shareholders who applied would come on 4th April, 2022. The refunds for the ones who did not get allotment would be initiated on 5th April, 2022. The DEMAT accounts of shareholders would be credited on 5th April 2022. The listing of the company would be accompanied on 7th April, 2022.

Lead Managers And Promoters

The promoter of the company is Sumitra Devi Khemuka and Rakesh Khemka.

The lead managers are :

Corporate Capital Ventures Private Limited

The minimum lot size for the company is decided at 220 shares. This holding accounts to 14960 Rs.. The maximum lot size is decided at 2860 shares. This amounts to 194480 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	220 shares	14960 Rs
Maximum	2860 shares	194480 Rs

OBJECTIVES FOR THE IPO

The funds can be utilised for General corporate purposes.
The company would utilise the same for fulfilling the working capital requirements.

COMPANY FINANCIALS

Particulars (in Lakh Rs.)	Sept. 2021	2020-21	2019-20
ASSETS	32448	19859	21859
REVENUE	52394	75202	81030
NET PROFIT	897	1218	830

Uma Exports has a great financial base. The company has a wide asset base. The assets have increased decently over years. However the jump in asset base is the maximum during the Financial Year. The assets have increased by more than 10000 Lakh Rs. The revenue generation is shocking for the company. From an asset base of oly 32440 Lakh Rs it generates a revenue of more than 52000 Lakh Rs. This is a big surprise. However the profit margins stay low for the company. The profits for the company is close to 2%. This can be a question in the mind of investors if they want a long term position in the company.

This figure makes one thing clear that the company needs to have a bulk business to get profitable at the end. The colony can be relied on this part as even during COVID crisis it managed to stay profitable with a decent amount. However it is also under the essential goods category so its business has no chance for shut down even in the worst times. Uma Exports also has a major part of its business transaction for only agro commodities. This sums up everything about the company’s business and profits. It needs to have quantifiable business and given the agricultural needs of India there are definitie chances for its further growth.

PROS

Agro Commodities Trading is its forte.
Well managed finances. The company’s revenue generation is shocking based on its asset base.
Business presence in multiple countries.