Uma Exports IPO Basis of Allotment

Uma Exports Limited ("Company" or "Issuer") was originally incorporated as 'Uma Exports Private Limited' on March 9, 1988 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, West Bengal. Subsequently, pursuant to a special resolution of our Shareholders passed in an extra-ordinary general meeting dated December 14, 2009, our Company was convened from a private limited company to a public limited company and consequently the name of our Company was changed to 'Uma Exports Limited', and a fresh certificate of incorporation dated March 25, 2010 was issued to our Company by the Registrar of Companies, West Bengal.

For details of change in the name of our Company and Registered Office of our Company, see "History and Certain Corporate Matters" on page 151 of the Prospectus.

Our Company has filed the Prospectus dated March 31, 2022, (the "Prospectus") with the Registrar of Companies, West Bengal at Kolkata (RoC), and the equity shares (as defined hereinafter) are proposed to be listed on the National Stock Exchange of India Limited ("NSE") and BSE Limited ("BSE") and the listing and trading of the Equity Shares (as defined hereinafter) expected to commence on April 7, 2022.

INITIAL PUBLIC OFFERING OF 88,23,530 EQUITY SHARES OF FACE VALUE Rs. 10/- EACH ("EQUITY SHARES") OF OUR COMPANY FOR CASH AT A PRICE OF Rs. 68/- PER EQUITY SHARE (INCLUDING A SECURITIES PREMIUM OF Rs. 58/- PER EQUITY SHARE) (THE "ISSUE PRICE"), AGGREGATING UPTO Rs. 6,000 LAKHS ("ISSUE"). THE ISSUE SHALL CONSTITUTE 26.10%% OF THE FULLY DILUTED POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10/- EACH. THE ISSUE PRICE IS 6.8 TIMES OF THE VALUE OF THE EQUITY SHARES.

The Issue was made through the Book Building Process, in terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations") wherein not more than 2% of the Issue was made available for allocation on a proportionate basis to Qualified institutional Buyers ("QIBs") (the "QIB Portion"), Further, not less than 29% of the Issue was made available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 69% of the Issue was made available for allocation to Rlls in accordance with the SEBI (ICDR) Regulations, 2018, subject to valid Bids having been received from them at or above the Issue Price. All potential Bidders were required to mandatorily utilize the Application Supported by Blocked Amount ("ASBA") process providing details of their respective bank account (including UPI ID for RIBs using UPI Mechanism), in which the corresponding Bid Amounts were blocked by the SCSBs or the Sponsor Bank, as applicable. Anchor Investors were not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure" on page 301 of the Prospectus.

The Issue received 128,349 Applications for 4,06,17,060 Equity Shares (before technical rejections) resulting in 4.60 times subscription. The details of the Applications received in the Issue from various categories are as under (before technical rejections)::

Detail of the Applications Received:

Final Demand:

A summary of the final demand as per BSE and NSE as on the Bid/Issue closing date at different Bid prices is as under:

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange, being BSE on April 4,2022.

The IPO Committee of our Company at its meeting held on April 4, 2022 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being BSE and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation will be emailed or dispatched to the email id or to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been issued for unblocking of funds and transfer to the Public Issue Account on April 5, 2022. The Equity Shares allotted to the successful allottees have been uploaded on April 5, 2022 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from BSE and NSE and the trading of the Equity Shares is expected to commence on April 7, 2022.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated March 31, 2022 filed with the Registrar of Companies, West Bengal at Kolkata ("RoC")

The details of the allotment made has been hosted on the website of the Registrar to the Issue, MAS Services Limited at website: www.masserv.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole Bidder Serial number of the ASBA form, number of Equity Shares bid for, Bidder DP ID, Client ID. PAN, date of submission of the Bid cum Application Form, address of the Bidder, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and copy of the Acknowledgment Slip received from the Designated Intermediary and payment details at the address given below:

	MAS SERVICES LIMITED
	T-34, 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi -110020, India;
	Tel: +91 11 - 26387281/82/83 | Fax: +91 11 - 26387384
	Email: info@masserv.com | Website: www.masserv.com
	SEBI Registration: INR 000000049 | Validity: Permanent
	Contact Person: Mr. Sharwan Mangla

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF UMA EXPORTS LIMITED.

Disclaimer: Uma Exports Limited has filed the Prospectus dated March 31, 2022 with the Registrar of Companies, Kolkata and thereafter with SEBI and the Stock Exchanges. The Prospectus is available on the website of SEBI at www.sebi.gov.in, BSE at www.bseindia.com, NSE at www.nseindia.com and is available on the website of the BRLM at www.ccvindia.com. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled "Risk Factors" beginning on page 21 of the Prospectus.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being issued and sold outside the United States in ‘offshore transactions' in reliance on Regulation "S" under the Securities Act and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.