UMA Exports Limited

IPO Size

`60 Cr

Price Band

`65-68 Per Share

Minimum Lot Size

220 Share

Face Value

`10 Per Share

Employee Discount

NA

Retail Allocation

35%

Issue Open Date

28 March, 2022

Issue Close Date

30 March, 2022

Listing Date

7 April, 2022

About the Company:

Uma Export was initially engaged in the business of export of building materials i.e. marble, granite, marble chips, and other construction materials to the neighboring country, Bangladesh. Keeping in view the demand in the Bangladesh market the Company diversified from export of building materials to export of agricultural produce and commodities in the year 1997.

Since then, our Company has been engaged in exporting agricultural produce and commodities including rice, wheat, sugar, and spices. Uma Exports have explored the business opportunities in Malaysia and Sri Lanka in addition to Bangladesh during these years.

The firm is engaged in trading and marketing of agricultural produce and commodities such as sugar, spices like dry red chilies, turmeric, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum, and tea, pulses, and agricultural feed like soybean meal and rice bran de-oiled cake.

Firm imports lentils, faba beans, black urad dal, and tur dal in India in bulk quantities. Uma’s major imports are from Canada, Australia, and Burma. UMA export is a B2B trader, highly specialized in sugar, corn, and dal. Firms maintain stocks and distribute them to different institutional parties like manufacturers, exporters, etc.

Outstanding Litigation:

S.No. 1 - Company 2 - Directors 3 - Promoters
Entity Name By the Company Against the Company By the Director Against the Director By the Promoter Against the Promoter
Criminal cases - - - - - -
Material civil cases - - - - - -
Taxation matters - - - - - -
Regulatory Procedings - 2 - - - -

Financial Statements:

Income Statement (In lakhs) FY21 FY20 FY19
Gross Operating Income 75,202.64 81,030.84 32,937.02
Cost of Employee & Inventory 134.2 174.04 115.59
Other Expenses 73,077.82 79,055.87 32,026.43
EBITDA 2,124.82 1,974.97 910.59
Depreciation 10.43 11.8 15.86
Interest  464.56 868.49 517.81
Profit Before Tax  1,649.83 1,094.68 376.92
 Tax 431.36 261.69 88.26
Profit After Tax 1,218.47 832.98 288.66

Promoter of the Company

Rakesh Khemka and Sumitra Devi Khemuka

Peer Comparison

• Sakuma Exports

Objectives of the Issue

Fresh Issue

Proceeds from the sale of shares worth Rs60 crores will be utilized for: • Augmentation of working capital requirements. • General Corporate purposes.

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