Uma Exports, a commodity trader and marketer specializing in agricultural commodities, is expected to announce the allocation of shares offered via its initial public offering on Monday (IPO). According to market sources, the stock of Uma Exports is expected to be listed on the BSE and NSE on April 7. The initial public offering (IPO) of Uma Exports IPO Allotment, which was the first public offering to touch the Street in over two months, had a 7.7-to-1 subscription rate.
Uma Exports IPO Allotment
As the most probable Uma Exports IPO (Initial Public Offering) allocation date is April 4, 2022, the allotment status of the company’s IPO (Initial Public Offering) may become public today. Following the announcement of the share allocation, people who filed for the public offering of Rs. 60 crore are recommended to verify the status of their IPO application online.
|Price Band Announcement:||23 March 2022|
|Anchor Investors Allotment:||25 March 2022|
|IPO Open Date:||28 March 2022|
|IPO Close Date:||30 March 2022|
|Basis of Allotment:||04 April 2022|
|Refunds:||05 April 2022|
|Credit to Demat Account:||05 April 2022|
|IPO Listing Date:||07 April 2022|
You may monitor the progress of Uma Exports’ initial public offering (IPO) online by going onto the BSE website — bseindia.com — or the official website of the website’s registrant. The official registrar of the Uma Exports Initial Public Offering (IPO) is MAS Services Limited, which also has an official website.
Uma Exports IPO Allotment Status
The trading of Uma Exports shares on the BSE and NSE will begin on April 7 and continue until the year’s end. The public offering of agricultural products and commodities trader, worth Rs 60 crore, had a positive reaction from investors, with the issue being subscribed to 7.67 times over the period March 28-30.
During the first public offering, retail investors bid 10.11 times the quota granted for shares. At the same time, the reserved part for qualified institutional purchasers was subscribed 2.81 times, and the amount for non-institutional investors was subscribed 2.22 times.
Uma Exports IPO Allotment Status Check
How to check the status of your allocation on the BSE website?
- On the BSE website, you may check the progress of your application.
- Choose ‘equity’ from the drop-down menu next to the ‘problem type’ section.
- Uma Exports may be found in the drop-down menu on the right.
- Input the application number if you have one.
- Enter the PAN number.
How to check the status of your allocation using the registrar’s website?
- Go to the IPO allotment page for further information.
- Enter either the DP ID in conjunction with the client ID or the application number in the appropriate field.
- To search, use the search button.
By April 5, shares will most likely be credited to successful bidders’ Demat accounts, and monies will most likely be credited to the bank accounts of those who placed bids.
Uma Exports IPO Allotment Date
It was the company’s first equity share sale since its inception. It got a positive reaction from investors, with an aggregate subscription rate of 7.67 times its initial public offering (IPO). The price range for the first public offering (IPO) was established at Rs 65-68.
The component reserved for retail bidders got more than ten times the number of offers, and the piece reserved for QIB bidders received almost three times the number of bids. The section reserved for non-institutional purchasers sold for somewhat more than double the amount of bids.
About Uma Exports
To begin with, Uma Exports was involved in the business of exporting building materials to the neighboring nation of Bangladesh. These commodities included marble, granite, marble chips, and other construction materials. In 1997, the company expanded its product offering by importing and exporting agricultural products and commodities. The company is now involved in the trade and selling of agricultural products and commodities. The company’s website imports lentils, fava beans, black urad dal, and tur dal from India in large quantities.
The primary sources of imports are Canada, Australia, and Burma. During this period, it has also looked at the economic potential in Malaysia and Sri Lanka, and those Bangladesh. They are business-to-business dealers who highly specialize in sugar, corn, and dal. The company manages inventories and distributes them to other institutional parties, such as producers, exporters, etc. They are provided in large numbers by the corporation.