Uma Exports Limited has come up with an initial public offer (IPO). It will open on March 28-30 at Rs.65-68 a shares. The IPO issue size is around 60.00 crores. The minimum bid will be for 220 shares and in its multiples thereafter.
Uma Exports Limited was incorporated on March 9 1988 in West Bengal. It trades, markets, and distributes agricultural products and commodities which include sugar, rice, spices, turmeric, coriander, cumin seeds, wheat, corn, sorghum, tea, pulses, and soya bean milk. The company imports lentils, faba beans, black urad dal, and tur dal in India from Canada, Australia, and Burma. It is a B2B trader and highly specialized in sugar, corn, and dal. The company has explored business opportunities in countries like Malaysia, Sri Lanka, and Bangladesh.