Uma Exports IPO

Uma Exports Limited exports Rice, wheat, sugar, and spices are among the agricultural products and commodities. In addition to Bangladesh, they also do exports to Malaysia and Sri Lanka. Uma Exports IPO will hit the market in 28 March 2022.

About Uma Exports

In West Bengal, their company was founded on March 9, 1988. They were in the business of exporting construction materials to Bangladesh, including marble, granite, marble chips, and other building supplies.

In 1997, they moved from the sale of building materials to the export of agricultural products and commodities, based on the need in the Bangladesh market.

Sugar, spices such as dry red chillies, turmeric, coriander, and cumin seeds, food grains such as rice, wheat, corn, sorghum, and tea, pulses, and agricultural feed such as soyabean meal and rice bran de-oiled cake are some of the agricultural products and commodities that our company trades and markets.

Business Approach

Their company has a significant position in the agro commodities trading segment, allowing it to plan and switch exports/imports from one commodity to another in response to changes in demand or pricing discrepancy for any commodity at any time of year.

Their senior management team continually monitors and conducts in-depth research into current market trends and demand for agricultural produce and commodities, and then quickly shifts to the most in-demand agricultural product or commodity.

This management approach guarantees that the company does not go through a lean phase during the year and that our financial performance is unaffected by the seasons.

Client Relationship

They have an excellent reputation, and despite increased competition, numerous of their notable clients have placed repeat orders with them. Their clientele are located all across the country and abroad, and have been with us for a long time.

They think that by continually attempting to meet the needs of their clients, they are able to establish long-term working relationships with them and enhance their retention strategy.

They think that their existing customer portfolio provides them with a competitive edge in attracting new clients and growing their business.

Many of their clients have been with them for over a decade, demonstrating their solid and healthy connection with them.

Uma Exports IPO

Uma Exports Limited, headquartered in Mumbai has submitted Draft Red Herring Prospectus(DRHP) to Securities and Exchange Board of India(SEBI) for initial public offering (IPO) of INR 60 crores on 25 September 2021.

The offer doesn’t includes fresh equity shares and there is an offer for sale (OFS) of 60 crores value Equity Shares by the promoters mentioned in the DRHP. They are not looking for any pre-IPO placement in this issue.

They are got the approval from Securities and Exchange Board of India(SEBI) to float the initial public offering (IPO) in the market last month.

Financials Trends

Particulars	For the year/period ended ( in Cr.)
		31-Mar-21	31-Mar-20	31-Mar-19
Total Assets		198.60	218.59	103.77
Total Revenue		752.03	810.31	329.37
Profit After Tax		12.18	8.33	2.89

Basic and Diluted Earnings Per Share

Financial Period	Basic EPS (in INR)	Diluted EPS (in INR)	Weight
Financial Year 2021	4.92	4.92	3
Financial Year 2020	3.30	3.30	2
Financial Year 2019	1.02	1.02	1
Weighted Average	3.73	3.73

Objects of the Issue

• Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
• To meet common corporate objectives.

Basis of the offer

The following are some of the qualitative elements that go towards determining the Issue Price:

• Management personnel with years of experience.
• Proven track record of profitability and growth.
• Long-term client relationships and recurring business.
• They have a strong presence in the geographic areas where they trade agricultural goods.

Uma Exports IPO Peer Comparison

S. No.	Face Value	Company Name	PE
1	1	Sakuma Exports Limited	9.41

Uma Exports IPO Details

IPO Opening Date	28 March 2022
IPO Closing Date	30 March 2022
Issue Type	Book Building
Face Value	10 per share
IPO Price	65 to 68 per equity share
Market Lot	220
Min Amount	14,960
Listing At	BSE, NSE
Issue Size	60 Crores
Fresh Issue	–
Offer for Sale	60 Crores

Uma Exports IPO Date

Uma Exports IPO opening date is 28 March 2022, and the closing date is 30 March 2022. The Uma Exports IPO issue may list in March 2022.

IPO Opening Date	28 March 2022
IPO Closing Date	30 March 2022
Basis of Allotment Date	04 April 2022
Initiation of Refunds	05 April 2022
Credit of Shares to Demat Account	05 April 2022
IPO Listing Date	07 April 2022

Basis of Allotment

Type	% of Offer	Basis of Allotment
Qualified Institutional Buyer	50	Roughly  equivalent
Non Institutional Investor	15	Roughly  equivalent
Retail	35	Minimum level of 1 lot, based on availability, for every shareholder.

Uma Exports IPO Allotment Status

Allotment of equity stocks subject to the Fresh Issue and transfer of the Promoter Selling Shareholders’ OFS Stocks to the winning Bidders subject to the Offer for Sale. Nevertheless, the status of the allotment has yet to be revealed.

Here, you can find the Allotment Status of Abans Holdings IPO.

Uma Exports IPO GMP

Uma Exports IPO Grey Market Premium is 0. You can check out GMP of Other IPOs on below Links:

Date	GMP (in Rs)	Subject to Sauda	Kostak (in Rs)
March 2022
March 2022
March 2022
March 2022
March 2022
March 2022
March 2022
March 2022
March 2022
March 2022
March 2022
24 March 2022

Check Out the GMP of all Other IPOs

IPO Grey Market Premium

Uma Exports IPO Review

Uma Exports IPO review : If you are looking for Uma Exports IPO is good or bad then here is the answer. You can apply for this IPO with long term view if you understand the business properly.

Uma Exports IPO Risk

• The impact of the COVID-19 epidemic on their business is yet undetermined.
• The requirements of the Foreign Exchange Management Act of 1999 are being violated by their company.
• Until September 14, 2021, their company was not registered under the Employees’ State Insurance Act of 1948.
• Certain sections of the Companies Act, 2013 and the rules and regulations enacted thereunder are being violated by their company.
• Some of their corporate records pertaining to changes in their Company’s share capital are untraceable.
• They rely on a small number of clients for a large part of their revenue.
• Some of their Group Companies are in the same or comparable business as their Company.

Other Threats

• Their Group Companies have lost money in the past and may lose money again in the future.
• Due to the obvious worldwide nature of their activities, they are exposed to the risks associated with doing business in other countries.
• Backward integration issues exist in the agricultural product and commodities trade industries.
• Their inability to effectively manage inventories might have a negative impact on their business.
• They get certain export incentives from the Indian government, which, if discontinued, might have a substantial impact on their business.
• Any flaws in their quality control and procurement procedures might have a negative impact on their business.
• There are pending lawsuits concerning their company that, if found in their favour, might have a negative impact on their business.

Business Model

The import Lentils, faba beans, urad dal, and tur dal mostly from Canada, Australia, and Burma. They are in the process of establishing a procurement office in Australia through a 100% owned subsidiary, which will allow them to buy commodities directly in Australia and ship them to many other worldwide locations.

This change will allow them to reduce costs such as freight and import tariffs, therefore increasing profitability. The goods are usually procured in a container or by sharing the vessel cargo.

When opposed to a container, purchasing commodities by vessel offers greater economies of scale. We may save money by reducing expenditures like freight and tariffs.

Quality Assurance

Their company works hard to ensure that the items it sells to customers are of high quality. Quality control companies such as SGS India, Geo Chem, and Intertek India Private Limited are used by their company to check the quantity and quality of items acquired by vessel or container.

These organisations perform in-depth surveys and assess the quality of agricultural products or commodities based on a variety of criteria.

Following that, they give a report based on which their Company determines whether or not to accept agricultural produce or commodities purchased by vessel or container.

They primarily offer agricultural goods and commodities to a variety of end customers, including agricultural commodity merchants.

Warehouse

Their company imports and exports agricultural produce and commodities directly as well as via other merchants and brokers.  The firm’s logistics setup and the nature of its goods do not demand the use of permanent warehouse facilities.

They now export their goods from Mundra, Jawaharlal Nehru Port Trust, Kandla, Chennai, Kakinaka, and Visakhapatnam, among other Indian ports.

The effectiveness of their marketing network is crucial to their company’s success. The strength of their relationship with the consumers who have been involved with their company is the key to their success.

Uma Exports IPO Brokerage views

• Yes Securities : Not Updated
• Choice Brokering: Not Updated
• Axis Securities: Not Updated
• IIFL Securities: Not Updated
• Trade swift: Not Updated
• Anand Rathi : Not Updated
• ICICI Securities: Not Updated

Uma Exports IPO Subscription Status

Date	Day	QIB	NII	Retail	Employees	Total Subscription
28 March 2022	1	0.00	0.48	3.03	n/a	2.23
29 March 2022	2	1.05	0.98	5.88	n/a	4.36
30 March 2022	3

Management

They have an experienced management team who, in their opinion, has well-positioned their company for future growth and development. Finance, agricultural commodity trading, quality control, strategy, material procurement, and company growth are all areas where their executive team has extensive experience.

They think that their management team’s knowledge and experience gives them a substantial competitive advantage as they strive to expand in existing markets and expand into new categories and locations.

Their skilled management team has helped them to enhance their financial performance over time, expand their product line, and make them effective in new locations.

Promoters

• Rakesh Khemka
• Sumitra Devi Khemuka

Promoter’s Holding

Pre Issue Share Holding	42.28%
Post Issue Share Holding

Uma Exports IPO Prospectus