
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
Overall Subscription
16.66x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,789,394 | — | 0.00x |
| Non-Institutional (NII / HNI) | 836,818 | — | 0.00x |
| Retail Individual (RII) | 1,952,576 | — | 0.00x |
| Total | 5,578,788 | 0 | 16.66x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 488 | 8,130 | 16.66x |
| HNIs (10L +) | 3 | 50 | 16.67x |
| HNIs (2-10L) | 15 | 250 | 16.67x |
| Total Applications | 506 | 8,430 | 16.66x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Uma Converter Limited IPO is ₹3 per equity share. Based on the upper price band of ₹33 to ₹33 per equity share, the estimated listing price is ₹36 (+9.1% expected listing gain).
With a lot size of 4000 shares and current GMP of ₹3, the expected profit per application lot is approx ₹12,000 (+9.1% gain). Minimum application cost is approx ₹1,32,000.
The Uma Converter Limited IPO aggregate issue size is ₹18.41 Crores with an equity price band set at ₹33 to ₹33 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,32,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 16.66x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-12-26. Investors can verify status using PAN card or application number.
Uma Converter Limited shares are scheduled to list on NSE on 2022-12-29.