| Public issue of 55,80,000 equity shares of face value Rs. 10 each ("Equity Sharesö) of Uma Converter Limited (the "Company" or the "Issuer") for cash at a price of Rs. 33 per equity share (including a securities premium of
Rs. 23 per equity share) (the "Issue Price"), aggregating Rs. 18.41 crores ("Issue") of the issue, 3,00,000 equity shares aggregating to Rs .0.99 crores is reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 52,80,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 33 per equity share aggregating to Rs. 17.42 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.53% and 26.05%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10/- and the issue price is 3.3 times of the face value.
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