Umiya Mobile Ltd IPO

The IPO opens on 28 Jul 2025 & closes on 30 Jul 2025.

Umiya Mobile Limited was originally incorporated under the name 'Umiya Mobile Private Limited' vide Certificate of Incorporation dated December 31, 2012, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, the status was changed to public Company and the name of Company was changed to 'Umiya Mobile Limited'. Fresh certificate of incorporation was issued on January 28, 2025, by Registrar of Companies, Central Processing Centre. The Company, 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, etc. It offer consumer electronics, such as Smart TVs, Air Conditioners, Refrigerators, Coolers, and more, from brands like Sony, LG, Panasonic, Godrej and others. Apart from these, it also offer a comprehensive range of mobile phones from brands like Apple, Samsung, Realme, Xiaomi, Oppo, Vivo, Motorola, Google Pixel, Infinix etc. The Company operate a total of 255 new stores across the state of Gujarat and 69 stores in Maharashtra to a large customer base. It offer a comprehensive selection of accessories for smartphones and tablets to enhance device experience. The products includes essential items such as memory cards, mobile adapters and cables. It also provide Bluetooth earplugs for a wireless audio experience, car chargers for on-the-go power, and portable speakers for quality sound. It offer variety of consumer durable appliances of multiple brands. The Company primarily deal in LED Televisions Refrigerators, Coolers, Air Conditioners, Laptops and its accessories, Washing Machine, Wireless Camera etc. Company launched its initial public offer by issuing 37,70,000 Equity Shares of face value of Rs 10 each by raising funds aggregating to Rs 24.88 Crore in July, 2025.

Umiya Mobile Ltd IPO will close on 30 Jul 2025.

<ul><li>Multi-Brand Retailing and Partnership Opportunities</li><li>Widespread distribution network</li><li>Experienced Promoters and Management Team</li><li>Strategic location and facilities.</li></ul>

<table class="table"> <thead> <tr> <th>S.No</th> <th>Promoters Name</th> <th>Pre Issue Shares</th> <th>Pre Issue Percentage</th> <th>Post Issue Shares</th> <th>Post Issue Percentage</th> </tr> </thead> <tbody> <tr> <td>1</td> <td>Jadwani Kishorbhai Premjibhai</td> <td>3773400</td> <td>36.11</td> <td>3773400</td> <td>26.54</td> </tr> <tr> <td>2</td> <td>Jadvani Girishkumar Premjibhai</td> <td>3032400</td> <td>29.02</td> <td>3032400</td> <td>21.32</td> </tr> <tr> <td>3</td> <td>Vijesh Premjibhai Patel</td> <td>3636600</td> <td>34.8</td> <td>3636600</td> <td>25.57</td> </tr> <tr> <td>4</td> <td>Patel Premjibhai Mavjibhai</td> <td>1900</td> <td>0.02</td> <td>1900</td> <td>0.01</td> </tr> <tr> <td>5</td> <td>Gitaben Girishbhai Patel</td> <td>1900</td> <td>0.02</td> <td>1900</td> <td>0.01</td> </tr> <tr> <td>6</td> <td>Jadvani Pinkalben V</td> <td>1900</td> <td>0.02</td> <td>1900</td> <td>0.01</td> </tr> <tr> <td>7</td> <td>Kashishben K Jadvani</td> <td>1900</td> <td>0.02</td> <td>1900</td> <td>0.01</td> </tr> </tbody> </table>

<ul><li>The Company's business highly depends on the brands recognition and reputation of the products it offers to sell and their inability to maintain or enhance brands image that its sell could have a material adverse effect on the company business, financial condition and results of operations.</li><li>The company is subject to quality requirements and any product defect issues or failures by it or the company suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls and exposure to potential product liability claims. Further, if any of its products does not meet regulatory standards or are defective, we may be, inter alia, (i) responsible for damages relating to any defective products, (ii) required to replace, recall or redesign such products or (iii) incur significant costs to defend any such claims.</li><li>The Company is dependent on few numbers of suppliers for purchase of products. Loss of any of this large Suppliers may affect its business operations.</li><li>Its business is a high volume-low margin business.</li><li>Its may be subject to risks associated with product warranty for the brand products</li><li>Opening and closing stores is a regular part of Company's business and depends mainly on how much revenue each store generates.</li><li>Its may not be able to accurately manage the company inventory, this may adversely affect its goodwill and business, financial condition and results of operations.</li><li>The Company's failure to maintain the quality standards of the products or keep pace with the technological developments could adversely impact its business, results of operations and financial condition.</li><li>The company generate its major portion of sales from the company operations in certain domestic market. Any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.</li><li>The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.</li><li>The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.</li><li>Its business is subject to seasonal and cyclical volatility due to which there may be fluctuation in the sales of products which could lead to higher closing inventory position, which may adversely affect the company business.</li><li>Competition from online retailers who can offer products at competitive prices and are also able to offer wide range of products may adversely affect its business and our financial condition, results of operations and cash flows.</li><li>The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.</li><li>Its Registered Office and other premises from where the company operates are not owned by it.</li><li>The Company has taken offices on lease basis and in past some of the lease agreements were not renewed/not executed/inadequately executed, because of which operations may be adversely affected.</li><li>Certain relevant copies of educational qualification of two of its Promoters is not traceable.</li><li>The orders placed by customers may be delayed, modified or cancelled, which may have an adverse effect on its business, financial condition and results of operations.</li><li>The Company has entered into related party transactions in the past and may continue to enter into related party transactions in the future, which may potentially involve conflicts of interest with the equity shareholders.</li><li>There are certain discrepancies/errors/delay filings noticed in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.</li><li>The company is dependent on third-party transportation providers for the delivery of products distributed by it.</li><li>The Company's logo is not registered as on date of Draft Prospectus. Its may be unable to adequately protect the company intellectual property. Furthermore, its may be subject to claims alleging breach of third-party intellectual property rights.</li><li>The company has contingent liabilities, and its financial condition could be adversely affected if any of these contingent liabilities materializes.</li><li>The company faces significant competition in its business which could adversely affect its operations and the company profitability.</li><li>Its business may expose the company to potential product liability claims, which could adversely affect its results operation, goodwill and the marketability of the company products.</li><li>Any increase in interest rates would have an adverse effect on its results of operations and will expose the Company to interest rate risks.</li><li>Its loan agreements with various lenders have several restrictive covenants and certain unconditional rights in favour of the lenders, which could influence the company ability to expand, in turn affecting its business and results of operations.</li><li>Unsecured loans taken by the Company can be recalled by the lenders at any time.</li><li>The company has taken guarantees from its directors in relation to debt facilities provided to the company.</li><li>Its may not be fully insured for all losses the company may incur and its insurance coverage may be insufficient to cover all potential losses, and future coverage may not be available on reasonable terms.</li><li>Failures or disruption of its IT, automation systems may adversely affect the company business, financial condition and results of operations.</li><li>Its ability to pay dividends will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and other factors.</li><li>Its success largely depends upon the knowledge and experience of the company Promoters, Directors, its Key Managerial Personnel and Senior Management as well as the company ability to attract and retain personnel with technical expertise. Any loss of its Promoter, Directors, Key Managerial Personnel, Senior Management or its ability to attract and retain them and other personnel with technical expertise could adversely affect its business, financial condition and results of operations.</li><li>The company failures to manage growth effectively may adversely impact its business, prospects, financial condition and results of operations.</li><li>Pricing pressure from customers may affect its gross margins and ability to increase the company prices, which in turn may adversely affect its revenue from operations, profits and cash flows.</li><li>Its inability to effectively manage the company growth or to successfully implement its business plan and growth strategies could have an adverse effect on the company business, results of operations and financial condition. The success of its business will depend greatly on the company ability to effectively implement its business and growth strategies.</li><li>Any inability to address changing industry standards and consumer trends may adversely affect its business, results of operations and financial condition.</li><li>The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.</li><li>Within the parameters as mentioned in the chapter titled "Objects of this Issue" beginning on page 75 of this Draft Prospectus, the Company's management will have flexibility in applying the proceeds of the Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.</li><li>Its Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.</li><li>Its might infringe upon the intellectual property rights of others and any misappropriation of the company intellectual property could harm its competitive position.</li><li>Employee misconduct including misuse of confidential data and failure to maintain confidentiality of information could harm it and is difficult to detect and deter.</li><li>Industry information included in this Draft Prospectus has been derived from industry reports. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.</li><li>If the company is unable to establish and maintain an effective internal controls and compliance system, our business and reputation could be adversely affected.</li><li>Its Directors, Key Managerial Personnel and Senior Management may have interests other than reimbursement of expenses incurred and normal remuneration or benefits in the Company.</li><li>Its Equity Shares have never been publicly traded, and may experience price and volume fluctuations following the completion of the Issue. Further, the company Equity Shares may not result in an active or liquid market and the price of its Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Issue Price or at all.</li><li>The company has issued Equity Shares during the last one year at a price below the Issue Price.</li><li>There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the BSE SME in a timely manner or at all.</li><li>Any future issuance of Equity Shares may dilute your shareholding and sale of its Equity Shares by the company Promoters or other shareholders may adversely affect the trading price of the Equity Shares.</li><li>There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.</li><li>Investors may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.</li><li>Significant differences exist between Indian GAAP and other accounting principles, such as US GAAP and IFRS, which may be material to investors assessments of the Company's financial condition. Its failures to successfully adopt IFRS may have an adverse effect on the price of the company Equity Shares. The proposed adoption of IFRS could result in its financial condition and results of operations appearing materially different than under Indian GAAP.</li><li>Foreign investors are subject to foreign investment restrictions under Indian law that limits its ability to attract foreign investors, which may adversely impact the market price of the Equity Shares.</li></ul>

The Issue type of Umiya Mobile Ltd is Fixed Price - SME.

The minimum application for shares of Umiya Mobile Ltd is 4000.

The total shares issue of Umiya Mobile Ltd is 3770000.

Initial public offering of 37,70,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Umiya Mobile Limited ("UML" or "the Company" or "the Issuer") for cash at a price of Rs. 66/- per equity share (including a premium of Rs. 56/- per equity share) ("Issue Price") aggregating to Rs. 24.88 crores ("the Issue") of which 1,90,000 equity shares aggregating to Rs. 1.25 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 35,80,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 66/- per equity share aggregating to Rs. 23.63 crores ("Net Issue"). The issue and the net issue will constitute 26.51 % and 25.18 % of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 6.6 times of the face value.