Uma Exports Ltd. has announced public offering of 8823529 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 58.00 per share. The gross proceeds of the issue are expected to be Rs 6,000.00 lakhs.
The company's initial public offer (IPO) will open on 28 March 2022 and is expected to close on 30 March 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 65.00-68.00 per share.
The IPO includes a fresh Issue of 8823529 Equity Shares of the Company at an price of Rs 68.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 220 shares with bids in multiples of 220.
Uma Exports Ltd. anticipates using the proceeds of the issue for .
Corporate Capitalventures Pvt. Ltd. as lead manager & MAS SERVICES LIMITED is the registrar, to the issue.