UMA Exports IPO Subscription Details and Share Allotment Status

The share allotment status of Uma Exports’ initial public offering (IPO), which opened a few days ago, has already been declared, and investors who bid for the issue can now verify if their application was granted or not. If you are an investor who has not yet checked the status of your share allotment, you should do so as soon as possible to see if you have won the bid. This can be done in two ways: on the BSE’s official website or on the registrar’s website.

Subscription Details of UMA Exports 

The Uma Exports IPO that opened on March 28 and closed three days later on March 30, got a good response from all sets of investors. The issue, worth Rs.60 crore, was subscribed 7.67 times as it received bids for 7.08 crore shares as against 0.92 crore shares on offer. The initial public offer (IPO) of UMA Exports received bids for 7,08,34,280 shares as against 92,30,769 shares on offer, mostly backed by retail investors who subscribed over 10 times of the portion allotted for them.

Price Band

Uma Exports Limited’s inaugural stake sale was selling its shares in the region of Rs 65-68 per share, with the offer consisting completely of issuance of new equity shares with a face value of Rs 10 each. The IPO of Uma Exports will be listed on both the BSE and the NSE. A minimum of 220 equity shares were available for investors to bid on.

GMP

The Uma Exports IPO’s grey market premium had not yet appeared, therefore it was not available.

Share Allotment Status 

The share allotment of Uma Exports IPO was done on April 4, Monday. Investors who have not checked their application status yet must do it immediately to know the details regarding the same. The refund for those who have not won the bid will be done on April 5, Tuesday, while credit to demat accounts will also be given on the same day. This can be done via the official BSE website as well as through registrar MAS Services Limited website