Uma Converter Limited IPO Message Board (Page 6)

I am Considering to take some risk in UMA sme.
I will apply in this IPO.
Will take some chance.

Risky Investors can apply in this IPO.

However concern over business model and Higher loan on books but as per management Listing gain will be there.

Hence Some Investment can be Considered in this sme.

I am Applying only For listing Gain
Not a fundamental stock to keep in portfolio.

GMP 8

.

Appreciate your sincerely in sharing what you are doing in realiy (change of decision). Thanks.

@Lokes@Noorul according to you which sme IPO one should target, please share if you have thought of any preferential sequence from Uma, Arihant, Homesfy, Moksh and also share your thoughts about mainboard KFin and Elin.
Thanks

Avoid this completely.instrad apply arihant,homesfy.

Whats the final call of respected senior members of the forum whether to apply or avoid. Pls...

All the best Amit Ji , i will skip this one and applying in MOXSH.

Thanx mamu j. Sent 7 applns. To bank .

MUST APPLY...........REWARD RATIO 1:2
I am ready to take 3rs loss against 6rs profit. Bigger change of allotment.
Big loan but why bank gave loan to company ? Bcz they trust their business.
Mene aisa sochkar dekha. Thats why I am going to APPLY.

Bank ka paisa kon sa apna hai, public ka paisa NPA ho jayega, koi nayi baat nahi. Banker retire ho kar farmhouse par aish karega.

Aap jaker bank se loan lo na...............dekho kitna easily mil jata hai. Aur easily milta hai to muje be 50-100 crore dilwa do. Mai bhi London chala jaoo.

Got 0/5 in Drona so I must apply in this to break the jinx of not getting allottment. Lot of reviews are being given where negativity has been conveyed but this review has failed number of times. h

Don't take risk.instead apply in arihant, homesfy ,mokshy

Avoid
Debt is more than the networth of the company.
Positive thing is it deals with alternate fuel

Avoid this ipo.very high chances of going negative.and debt is also huge.alternatively apply for arihant.and next homesfy..

The companies profits are rising the only concern is borrowing which should go down post this issue since company will get cash. Directors themselves bought at Rs 25.Not much to be worrying for those applying. Chances of getting allotment too are better because of suspension created by the learned members. I am in for for applying with FF

This IPO is like a double edged sword. On one hand, it has got very good growth rate and on the other, high borrowings which will result in large amount outgo on account of rising interest rates.
It is definitely not a holding kind of stock. Will take final decision on last day after watching gmp and subscription figures.

UMA

Will not apply concerning about loan and High issue expenses.
Will review on Listing day.

I also worried about packing business giger cost of Production. Rather will wait for better IPO with sound businesses.
High Interest cost will be painfull.
Taping Second time and With lower IPO size is a major concern.
Arihant Looks nice for listing pops.

Balance sheet is not that fundamental.
However as per Investors meet issue won't be discounted.

Moksh and Arihant are better opportunity.

GMP @rajkot
6
Subject to No rates.

@Arjun Rajkot
Thanks for you advise 🙏

Thank you sir valuable feedback.
Skip this one.

Hellow Expert
Can I apply as retail & shni on single PAN
Thanks to all

No, your application will reject in both category with 0 allotment

Better to avoid this ipo.high chances of listing in negative.save ur money for homesfy and moksh.

GMP :- 2-5

Experts
Shall we go for ?

3 times in retail... I think retailers will trapped this time

0 prem no trade happening.

whatever may be the GMP, this IPO will list with minimum 40-50% premium.. lead manager has good history of listing all IPOs with premium.. on top of that SMC is market maker.
apply and enjoy listing gain.

GMP updates
3/5
Subject to 10000/-

The falling GMP indicating that market doesn't like high borrowings for this SME as it can adversely effect its balance sheet in coming quarter, due to RBI have increased nearly 1~2% interest rate. Therefore there will be extra pressure of nearly 2 crore of interest payment.

I will apply in retail / small hni category, only for listing gain.

HUGE BORRROWINGS is major concern

If subscription is 100times + than apply for 10-20% listing gain.

Its not for long term investment. Main market can correct by 1000 points,
as not much steam left to cross 19000. So market sentiment is not so positive.

Gud things ABT Uma as per my opinion -
1. Top FMCG brand are their clients
2. Company is more than 2 decades old
3. Showing growth every year
4. Industry has huge up side
5. Company book value is more than ipo price

I think this company is in heavy loss. And may be on listing day it may open on 15% discount. Dilip Davda ji also avoid it. Apply arihant with full force. Avoid Uma converter

Can you put more details on your thoughts about company huge loss. where exactly you found such details?

I request chittorgarh team to answer the below clarification

All are saying and applying third party application through SBI yono lite app. But main SBI site is not accepting third party. That means they stopped accepting third party applications... Might be they have not removed Yono app option still... In that case all my third party applications are getting rejected during allotment process? My applicationscenario is like below

I have demat account in zerodha and I am applying through my ICICI account UPI.. ( retail or SHNI)

I also have SBI account. And 3 of my family members demats accounts are linked to my SBI account as third party... And I am applying through SBI yono app for all these accounts either retail or SHN1(only one person demat) as per the cash balance .. Is it the right process? Kindly help

Hope Both mainboard and SME will accept third party applications... Hope the meaning of third party applications is the above?