Umiya Mobile IPO subscribed 14.90 times on Day 2. Check GMP and other details
K N Mishra
29/Jul/2025

What's covered under the Article:
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Umiya Mobile IPO details ₹24.88 crore fresh issue at fixed price ₹66 per share, listing on BSE SME expected August 4, 2025.
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IPO subscribed 14.90 times on second day with zero Grey Market Premium, signaling lack of listing gains.
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Umiya Mobile operates in multi-brand smartphone retail, led by experienced promoters with steady financial growth.
Umiya Mobile Limited, established in 2012, is a player in the multi-brand retail sector, specializing in the sale of smartphones, mobile accessories, and consumer durable electronic products. Over the years, the company has developed a strong reputation as a trusted retailer offering a broad range of products from major global brands such as Apple, Samsung, Realme, Xiaomi, Oppo, Vivo, Motorola, Google Pixel, Infinix and more.
IPO Details
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Issue Type: Fixed Price Issue (Fresh Issue)
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Issue Size: ₹24.88 Crores
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Number of Shares: 37.70 Lakh shares (Fresh Issue)
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Subscription Period: July 28, 2025 – July 30, 2025
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Allotment Date: Expected on or about July 31, 2025
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Listing Date: Tentative listing on BSE SME on August 4, 2025
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Price: ₹66 per equity share (fixed)
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Market Capitalisation: ₹93.85 Crores at issue price
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Lot Size: 2,000 shares
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Minimum Investment: 2 lots (4,000 shares) amounting to ₹2,64,000
Lead Manager, Registrar, Market Maker
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Book Running Lead Manager: Smart Horizon Capital Advisors Private Limited
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Registrar: BIGSHARE SERVICES PVT LTD
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Market Maker: Shreni Shares Limited
Subscription Status and Grey Market Premium
As of 1:00 PM on July 29, 2025, the IPO was subscribed 14.90 times on its second day, indicating strong demand from investors. However, the Grey Market Premium (GMP) remains ₹0, showing no expected listing gains. This suggests a cautious sentiment among investors regarding immediate listing profits.
Business Overview
Umiya Mobile operates primarily as a multi-brand retailer of smartphones, mobile accessories, and consumer durable electronics. Its wide product portfolio spans leading brands like Apple, Samsung, Realme, Xiaomi, Oppo, Vivo, Motorola, Google Pixel, and Infinix, offering the latest technology products to Indian consumers through retail channels.
Promoters and Management
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Mr. Jadwani Kishorbhai Premjibhai
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Mr. Jadvani Girishkumar Premjibhai
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Mr. Vijesh Premjibhai Patel
Each promoter has over 12 years of experience in trading electronics and mobile-related accessories and is instrumental in the company's growth since inception.
Financial Performance
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Revenue from Operations (₹ Lakh):
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FY23: ₹33,354.45
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FY24: ₹45,158.42
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FY25: ₹60,127.53
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EBITDA (₹ Lakh):
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FY23: ₹207.79
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FY24: ₹585.58
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FY25: ₹1,104.73
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Profit After Tax (₹ Lakh):
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FY23: ₹18.24
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FY24: ₹234.94
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FY25: ₹566.24
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This steady growth highlights expanding operations and improving profitability.
Key Financial Ratios
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Pre-issue EPS: ₹5.42 (FY24)
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Post-issue EPS: ₹3.98 (FY24)
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Pre-issue P/E Ratio: 12.17x
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Post-issue P/E Ratio: 16.57x
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Industry P/E Ratio: 22x
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ROCE: 27.64%
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ROE: 50.79%
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RoNW: 40.51%
These suggest the IPO is fairly priced with decent return ratios.
Use of IPO Proceeds
Umiya Mobile intends to deploy the proceeds as follows:
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₹19.00 Crores for repayment/prepayment of borrowings from banks and financial institutions.
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₹2.27 Crores for general corporate purposes.
Investment Outlook
While the IPO shows strong subscription, the zero Grey Market Premium signals lack of expected listing gains, suggesting that investors seeking quick profits might be cautious. The company’s steady financial growth and presence in the fast-growing smartphone retail sector make it suitable for long-term investors who believe in the growth of consumer electronics retail in India.
How to Check Umiya Mobile IPO Allotment Status
Investors can check allotment status after July 31, 2025:
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Visit the registrar’s IPO allotment status page.
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Select Umiya Mobile Limited IPO from the dropdown.
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Enter your application number, PAN, or DP Client ID.
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Submit details to view allotment results.
Disclaimer
This article is for educational and informational purposes only and does not constitute financial advice or an offer to buy or sell securities. Readers should conduct their own due diligence and consult financial advisors before investing. Investments are subject to market risks.
The Upcoming IPOs in this week and coming weeks are Highway Infrastructure, Flysbs Aviation, Part Electricals & Engineering, Jyoti Global Plast, M&B Engineering, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Takyon Networks, Mehul Colours, Sri Lotus Developers & Realty, Jyoti Global Plast, B.D. Industries (Pune), NSDL.
The Current active IPO are Aditya Infotech, Lakshmi India Finance, Kaytex Fabrics, Umiya Mobile, Repono, Shree Refrigerations, Sellowrap Industries, Shanti Gold International, Patel Chem Specialities.
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