December 15, 2022 - December 21, 2022

Uma Converter IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Uma Converter IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Uma Converter IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Uma Converter IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. The sustainability of margins going forward raises concern. The IPO appears fully priced, and higher spending for the issue process indicates IPO funding arrangements hinting alert. There is no harm in skipping this IPO. Read detail review...

Uma Converter IPO Review by Members

Uma Converter IPO Reviews, analysis and views by popular members. Read Uma Converter Limited IPO reviews by retail investors to find recommended ipo to buy.

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Uma Converter IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	9	0	0	2
%	81.82	0.00	0.00	18.18

Member	Review
RiteJain	Apply for Listing Gain at Upper Price Band Good financial other then the borrowings. The market makers SMC GLOBAL has good past record for listing gains December 21, 2022 12:29:05 PM
Sanchit Jain IPO Mentor (600+ Posts, 200+ Likes)	Apply for Short Term at Upper Price Band The valuation is good, P/BV is less than 1. PE is 10. Debt seems to be a problem for many, but Debt equity post this issue would be around 1.2 times the equity. The catch point is good P/BV and good turnover. User is advised to apply his own discretion while investing. December 21, 2022 12:12:38 PM
IPOTraders IPO Mentor (700+ Posts, 300+ Likes)	Avoid Avoid Heavy debt, debt is more than the company's net worth Positive point is it is in the business of alternate fuel December 20, 2022 12:26:33 PM
Ipoaspire (300+ Posts)	Avoid Avoid December 19, 2022 9:35:50 PM
Top Contributor	Apply for Listing Gain at Upper Price Band Apply. December 17, 2022 10:19:13 PM
Ramesh Surana	Apply for Listing Gain at Cut-off Price Forum sentiment is positive in comparison to other two ipo and valuation and products are good . I will apply. December 17, 2022 6:34:58 PM
B.M.SURANA IPO Guru (2500+ Posts, 4700+ Likes)	Apply for Listing Gain at Upper Price Band Profit Making company Fundamentally strong. Apply December 16, 2022 1:42:07 PM
Anil Kothari	Apply for Listing Gain at Upper Price Band The company is making good profits. Turnover of more than 150 crore and consistentenly going up. Though company operates in a competitive industry but with rising ecommerce and package food industry the future appears to be good. Falling crude oil prices may reduce the cost of raw material which may increase the profit margin. Issue expensenses are on a bit higher side but overall appears to be a good issue.Must subscribe for listing gain and long term gains December 12, 2022 4:43:53 PM
SME Info	Apply for Long Term at Upper Price Band Strong company, strong financial, strong promoter and strong GMP.. 50000 SUBJECT TO BUYER December 11, 2022 5:05:35 PM
Sailor	Apply for Long Term at Upper Price Band Good profits, strong fundamentals and Promising sector. One of the best company in Flexible Packaging market. December 11, 2022 1:41:48 PM
Priyanka Meghwal	Apply for Long Term at Upper Price Band Reasonable valuation, fundamental strong.. Must subscribe.. listing gain expecting 80-100% December 11, 2022 10:35:13 AM

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2 Comments

2. SUBHADRA Link|December 21, 2022 12:03:52 PM

DEAR SIR, IF YOU MANAGE THE SEBI, NSE & BSE IN INDIA YOU CAN DO THE WONDERS WITH PUBLIC MONEY. WE ARE VERY DANGERUS SITUATION WITH CORPORATE AND POLITICAL ACTION PRESENT. MUST AVOID THIS IP. I CAN BET IT WILL LIST BELOW 20/-

1. AKASH Link|December 15, 2022 9:32:20 AM

Even though this company was incorporated in 2000, Total Borrowing is more than Net Worth, so i don't understand how people are mentioning it a strong financial here.
And according to Total Revenue, Profit is also very less. Hence, I am not convinced with the GMP mentioned here by some fellow.
If anyone can give a better logic to subscribe it then please share it.