Umiya Mobile: Umiya Mobile shares get listed at 4.55% premium!Umiya Mobile: Umiya Mobile shares get listed at 4.55% premium!

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Umiya Mobile had a decent debut on August 4, listing at ₹69 on BSE SME, 4.55% above its ₹66 issue price. The IPO ran from July 28–30, with allotment finalized on July 31, 2025.

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Umiya Mobile IPO details

Umiya Mobile IPO received bids for 91.94 lakh shares against 35.80 lakh on offer. Umiya Mobile IPO subscribed 2.57 times. Retail investors subscribed 2.61 times, and NIIs 2.44 times, indicating strong demand across both investor categories.

About Umiya Mobile

Umiya Mobile Ltd., founded in 2012, is a Rajkot-based retailer with 218 stores across Gujarat and Maharashtra, offering smartphones, accessories, laptops, and home appliances from top brands like Apple, Samsung, LG, and Sony.

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Umiya Mobile IPO objective

The objective of Umiya Mobile IPO is to raise ₹24.88 crores to fund working capital requirements, support business expansion, and meet general corporate purposes through a fresh issue of 37.70 lakh equity shares.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

FAQs

Q: At what price did Umiya Mobile list on the exchange?

A: Umiya Mobile listed at ₹69 on BSE SME, a 4.55% premium over the ₹66 issue price.

Q: How much was Umiya Mobile IPO subscribed?

A: The IPO was subscribed 2.57 times overall, with good demand from both retail and NII investors.

Q: What is the objective of Umiya Mobile IPO?

A: The IPO aims to raise ₹24.88 crores for working capital, business expansion, and general corporate purposes.