Uma Converter Limited IPO Message Board (Page 1)

Uma is on 🔥

Upper cut of 20% today what a performance

50-60 is achievable in near future

Holding 2 lot, let us see this month how it moves further…!!

Compared to all the current listings .... UMA has one of the most liquidity ,,, No matter what the selling pressure is in it ,,, It handles it

Hats off to the market maker SMC Global & the fundamentals of the company

It is a black horse ... I feel

This has not gone below issue price of Rs 33. This is hold with stoploss at 32.95

SMC global buying all at 33.

whenever it will try to go up, SMC will reduce its holding.
So not expecting big rise soon.

@ lokes kindly tell the strategy for uma. As I am also holding 1 lot. Thanks

koi kuch nhi bold raha hai ........... ho kya raha hai

i am avoiding buy until Anant Name shows in bulk selling list.

Anyone here who is having demat account in Upstox and sold allotted shares of Uma Converter.

My account in upstox. I allotted 4000 shares of Uma Converter. I sold shares at pre open and today Upstox send me contract note for auction sell.. How can it be possible , I have delivery of shares. I lodged complaint in SEBI. Request you all not to open account in upstox. Zerodha is best.

@splendid any reply from NSE about complain.please in touch with warm me I am also victim of upstox.

Is any reply from NSE dear please share with me

Dear Anantagg Ji, lgta hai aap apply karke bhool gaye hain UMA ko.
Can you share following please -
Number of Lots alloted ?
Number of lots sold ?

Nice, finally Upper Circuit in UMA, @anantagg ji any update.

Dowg either you follow me or you dont follow me.

Merko kyu shock lagega. I know which share to invest in. Some of my shares give good listing gain and some give good return after sometime.

29-Dec-2022      UMA      Uma Converter Limited      JAIN SANJAY POPATLAL      BUY      1,48,000      34.25      -
29-Dec-2022      UMA      Uma Converter Limited      MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED      BUY      1,12,000      34.12      -
29-Dec-2022      UMA      Uma Converter Limited      SMC GLOBAL SECURITIES LIMITED      BUY      3,24,000      33.03      -
29-Dec-2022      UMA      Uma Converter Limited      SMC GLOBAL SECURITIES LIMITED      SELL      72,000      33.36      -
29-Dec-2022      UMA      Uma Converter Limited      SOMANI VENTURES AND INNOVATIONS LIMITED      BUY      1,72,000      34.25      -

Surprisingly no Name of Anant in today's bulk deals.. so possiblely 2 scenario now.. either he is still holding his huge quantity of shares or it was just an attempt to create demand for script.

Noorul i never lie about applying. I was still holding them and sold 30-40% on friday. Also you can check my dad's name in SHP when it comes. Holding more than 225k shares.

@anant dude give us some hint before selling. Stock down from 50 to 43 now :)

Very bad show. Thak haar kar barabar mai bech kar nikal liye apan to bhai.

Not a bad show. I was not expecting any good show. Why do you apply in each and every SME? Keep patience for some time unless have good reports. Keep your funds in tact and enjoy tension free time. You have no profit and no loss, so happy year ending.
Have profit in future.

Thanx p k j.

It can be good long term play......bcz except borrowings (increased interest scenerio), its showing good business data.

Once interest cycle will reverse, as its on PEAK company will do better after 1-2 year,as it has good clients in hand.

I will hold. My view is long term and company is QUITE BIG in SMALL CAP (SME)

Exited all Holdings in Pre opening itself at 34.25. I just saw a few comment on people suggesting holding Uma Converters , basis business model holding for long term. Nothing against holding this, however If I have to hold some thing for long term, I am much better off in quality scripts then a shady poor SME play. Just my opinion, watch out for one or two days more with strict stop losses in place & take a call accordingly.

Sold 3 retail lot in pre open at 34.25

This is clear cut game. Who the hell put sell order at 16.50 Rs...

There is only one BIG STUPID here.

The one who place order at 16.5 rate dame time some on buying on the rate of 66. No pne is stupid. Its a Grey market game and may be you need to dive deep into for understand better.

Good show from day started.

Dont sell, this is precious gem, Packaging industry is need of an hour. yesterday we saw flop show of Dollex Agro but now its 5% up. People are scared because market down due to rumours.

This is packaging industry so no need to worry,even if lockdown happens things needs to be packaged so this industry will be in essential items.

All foods are now in packages be it online item or store item so future is bright and hold it tight....

I Agree @Rafiq,Now the company has an immense scope in Ecommerce Package market , Right now most of the revenue comes from Food & Beverage , But going forward I believe company would establish in E- Commerce very well

If that happens and it 100-150 is not a big deal because it's peers are trading at higher PE's compared to them

@Raghav thanks for your comment.

Also note it has done wastage recycling for Ambuja and there is lot of scope in waste recycling in future... by saying this I am not selling my part of shares

Not a bad day for all the three listing. Market in negative territory but all the three in positive listing. Year ending and no bad listing. What ever happens after listing, not a problem.
Hoping for the best.

@Kanwarjit
I had not applied in this SME. To apply because of company from Gujarat, give good profit is always not correct. I am not positive. In such a weak market it's difficult to say anything. Every day is different in Share Market.
Sorry for not giving you clear guidelines.

@ PKRAJ thanks for the reply

What was the need to take so much pain, applying wishing to get allotment. Loosing interest amount. One could have got from secondary market straight. We will loose charm of applying IPO’s soon.

UMA......good company for long term.
It can give 30% rtn in 1 year.

34.25(3.79% up) in pre open showing at 9.45 AM

not selling onlisting, valuations are very reasonable for ho,lding for short term for better realization.