Uma Exports IPO Last Day to Subscribe; Know Subscription Status, GMP, Should You Buy?
News 18Uma Exports IPO: The initial public offering of Uma Exports continues to get a good response from retail investors on March 30, the final day of bidding. Uma Exports IPO: Price Band The company is selling its shares in the range of Rs 65-68 apiece via its initial stake sale and the issue entirely consists of issuance of fresh equity shares with a face value of Rs 10 each. Uma Exports IPO: Subscription Status The offer has received bids for 3.84 crore equity shares against an IPO size of 92.3 lakh shares, with the issue being subscribed 4.17 times. Uma Exports IPO: Financials Despite the company name indicating an export company, over FY20-21, Uma Exports’ business of import of agro commodities and sale in domestic market constituted around 93 percent of the total revenue. Uma Exports IPO: Valuations At the higher end of the price band, the market capitalisation of the company works out to Rs 230 crore.