Uma Exports Limited IPO : Issue Opens Mar 28, 2022
Incorporated in 1988, Uma Exports Limited markets, trades and distributes agricultural products including rice, wheat, sugar, spices, dry red chillies, coriander, cumin seeds, food grains, pulses, etc. It is a B2B trader that supplies products to manufacturers, exports, etc. The company imports products like lentils, faba beans, black urad dal, and tur dal in India in bulk quantities from Canada, Australia, and Burma.
The company not just supplies agricultural products domestically but also supplies it in the international markets as it has expanded its business in Malaysia, Sri Lanka, and Bangladesh.
Objects of the Issue:
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
Augmentation of working capital requirements.
General Corporate Purposes.
Competitive Strengths:
Experienced management team with proven project management and implementation skills.
Strong presence in agro commodities trading segment.
Track record of growth and profitability.
Long-term relationship with clients and repeat business.
Company Promoters: Rakesh Khemka and Sumitra Devi Khemuka are the company promoters.
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