Umiya Mobile IPO will open for subscription on July 28, 2025, and close on July 30, 2025. It is a Fixed Price Issue, with the company aiming to raise approximately ₹24.88 crores through a fresh issue of the same amount, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.

The IPO is priced at ₹66 per share. The allocation is divided equally between retail investors and High Net-worth Individuals (HNIs) at 50% each, while there is no reservation for Qualified Institutional Buyers (QIBs). The IPO is scheduled to be listed on the BSE on August 4, 2025, and the allotment is expected on July 31, 2025.

Financially, Umiya Mobile reported revenue of ₹451.58 crores in 2024, up from ₹333.54 crores in 2023. Net profit also increased significantly to ₹2.35 crores in 2024 from ₹0.18 crores in 2023. Based on these financials, the IPO appears to be a strong candidate for long-term investment.

About Umiya Mobile IPO

Established in 2012, Umiya Mobile Private Limited is one of the rapidly growing retailers of mobile phones, accessories, and home appliances in India. The company offers a diverse range of smartphones from top brands such as Apple, Samsung, Realme, Xiaomi, and others. In addition, it provides consumer electronics including Smart TVs, air conditioners, refrigerators, and coolers from well-known brands like Sony, LG, Panasonic, and Godrej.

Umiya Mobile’s product portfolio spans mobiles, laptops/tablets, home appliances, and a variety of mobile accessories such as chargers, earphones, power banks, smartwatches, and headphones. As of September 30, 2024, the company operates 154 stores across Gujarat and 52 stores in Maharashtra. It has a team of approximately 127 employees who manage daily operations, administration, legal, secretarial, and accounting functions.

Objects of the Issue (JNK India IPO Objectives)

• Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions
• General corporate purposes

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Umiya Mobile IPO Company Financial Report

Umiya Mobile IPO Company Financial Report