Uma Converter Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘Uma Converter Private Limited’ on June 18, 1999 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a special resolution of our Shareholders passed in the 19th annual general meeting held on August 29, 2018 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to ‘Uma Converter Limited’, and a fresh certificate of incorporation dated September 27, 2018 was issued to our Company by the Registrar of Companies, Gujarat at Ahmedabad. The corporate identification number of our Company is U25111GJ1999PLC036163.

Major Events and Milestones:

2000

Commencement of commercial production of flexible packaging material in the manufacturing unit situated at Block number 868 and 871, Near CNG Petrol Pump, Santej Road, Village – Santej, Taluka – Kalol, Gandhinagar- 382 721, Gujarat, India (“Unit –I”) with an installed capacity of 720 metric tones per annum.

2006 

Our Company commenced its export operations.

2007 

Increase in manufacturing capacity of Unit-I from 720 metric tones per annum to 2,400 metric tones per annum.

2008 

Increase in manufacturing capacity of Unit-I from 2,400 metric tones per annum to 3,600 metric tones per annum.

2011 

The sales revenue of our Company during the financial year 2010-2011 increased by 39% and the profits earned by our Company increased by 155%.

2015 

During the financial year 2014-2015, our Company achieved a milestone turnover of ? 8516.49lakhs.

2016 

During the financial year 2015-2016, our Company surpassed its milestone turnover and achieved a net turnover of ? 8709.95 lakhs.

2018 

-Setting up of an additional unit to increase our manufacturing capacity by acquiring land situated at Block Number 291, 294, 295 and 296, Village Timba, Dascroi, Ahmedabad -382 425, Gujarat, India (“Unit-II”).

-Our Company reported a net turnover and net profit after tax and depreciation of ? 9014.05 lakhs and ? 358.39 lakhs, respectively.

2019 

-Commencement of commercial production in Unit-II.

-Increase in manufacturing capacity of Unit-I from 5,400 metric tones per annum to 6,000 metric tones per annum.

-Our Company reported a net turnover and net profit after tax and depreciation of ? 10,439.09 lakhs and ? 429.31 lakhs, respectively.

2020 

-Our Company commenced export operations in Unit – II.

-Our Company implemented Flexibiz Gold ERP in all our offices and manufacturing units.

-Our company started the E-commerce packaging for brands such as Amazon, Myntra and Zoom.