
Packaging · NSE
Incorporated in 2000, Uma Converter Limited manufactures flexible packaging materials, offering products such as multi-colour pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, and e-commerce bags, along with providing printing and lamination services on a job-work basis. The company has a service agreement with Ambuja Cements Limited for environmentally friendly plastic waste disposal through cement kiln processing. Uma Converter’s packaging solutions cater to the food and beverage, e-commerce, pharmaceutical, hygiene and personal care, household, and agricultural industries. With R&D facilities located in both Unit I and Unit II, the company emphasizes in-house technology-driven innovation. It operates two manufacturing units in Gujarat—Unit I at Santej and Unit II at Timba—each equipped with quality control and assurance divisions. The company reported revenues from operations of ₹18,698.56 lakh in FY 2022, ₹15,813.30 lakh in FY 2021, and ₹10,359.10 lakh in FY 2020.
Price Band
₹33
Issue Size
₹18.41 Cr
Lot Size
4000 shares
GMP
+9.1%
Est. Listing
₹36
at current GMP
Subscribed
16.66x
overall
Open
15 Dec 2022
Close
21 Dec 2022
Allotment
26 Dec 2022
Refund
27 Dec 2022
Demat Credit
28 Dec 2022
Listing
29 Dec 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹33
Band: ₹33
Estimated Listing Price
₹36
Upper price + GMP
Lot Size
4000 shares
Min investment ₹1,32,000
Estimated Profit / Lot
₹12,000
4000 × ₹3
Grey Market Premium trend
+₹3
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹3 | 9.1% | ₹36 |
| 30 Oct 2026 | +₹3 | 9.1% | ₹36 |
| 29 Oct 2026 | +₹3 | 8.2% | ₹36 |
GMP is unofficial market data. Not a guarantee of listing performance.
Uma Converter Limited is bringing an initial public offering (IPO) in the Packaging sector with an aggregate issue size of ₹18.41 Crores. The shares are offered at a price band of ₹33 to ₹33 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-12-21, the basis of allotment is scheduled to be finalized on 2022-12-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Uma Converter Limited IPO is ₹3, which indicates an expected listing price of ₹36.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.