UMA Exports IPO
UMA Exports Limited (UMAEXPORTS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 07 April 2022.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +3.6% (likely range -12% to +25%), day's high +9.5%, chance of a gain 51%. Actual: +11.8% at the open, +17.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,84,614 | 5,19,640 | 2.81x | |
| NII (HNI) total | 26,76,924 | 59,49,240 | 2.22x | |
| Retail | 63,69,231 | 6,43,65,400 | 10.1x | |
| Total | 92,30,769 | 7,08,34,280 | 7.67x |
Bids on NSE and BSE together, as published by NSE, as of 30 Mar 2022, 05:00 PM. Shares offered exclude the anchor portion. 75% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to UMA Exports's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Apex Frozen FoodsAug 2017 | 1.91x | 7.82x | 8.53x | 6.14x | ₹152 Cr | +15.4% | +21.2% |
| Barbeque-Nation HospitalityMar 2021 | 5.11x | 3.10x | 13.1x | 5.98x | ₹453 Cr | -2.0% | +17.6% |
| Shriram PropertiesDec 2021 | 1.85x | 4.82x | 12.7x | 4.60x | ₹627 Cr | -23.7% | -9.8% |
| Security and Intelligence Services (India)Aug 2017 | 5.64x | 1.66x | 19.5x | 7.07x | ₹789 Cr | +8.0% | +8.0% |
| Matrimony.comSep 2017 | 1.88x | 0.41x | 18.2x | 4.44x | ₹503 Cr | 0.0% | +4.0% |
| Karda ConstructionsMar 2018 | 1.55x | 3.44x | 2.01x | 2.54x | ₹89.0 Cr | -24.4% | -20.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Corporate CapitalVenture | — | — | — |
Offer documents (NSE)
Frequently asked
What is the UMA Exports IPO price band and lot size? ₹65.0–68.0 per share, with a lot of 220 shares, so the smallest retail bid is ₹14,960.
How many times has it been subscribed? 7.67x overall: QIB 2.81x, NII 2.22x, retail 10.1x.
How did it list? It opened at ₹76.0, +11.8% against the issue price of ₹68.0, and closed its first day +17.4%.
