Umiya Mobile Limited, established in 2012, is a multi-brand retail player specializing in the sale of smartphones, mobile accessories, and consumer durable electronics. The company caters to a wide customer base by offering products from leading brands such as Apple, Samsung, Sony, LG, and Panasonic, among others. Its product portfolio spans smartphones, Smart TVs, Air Conditioners, Refrigerators, and various electronic accessories, including memory cards, Bluetooth devices, car chargers, and portable speakers.
The company operates a total of 206 retail stores, with 154 outlets in Gujarat and 52 in Maharashtra, emphasizing a strong regional presence in West India. Umiya Mobile prides itself on offering a comprehensive selection of electronics and consumer durables, ranging from LED Televisions and washing machines to laptops and wireless cameras, aiming to cater to diverse consumer needs.
The company is planning to raise Rs. 24.88 crore through an Initial Public Offering (IPO) by issuing 37,70,000 equity shares. This move aims to fuel its expansion and strengthen its market presence. Transitioning from a private limited entity in 2012 to a public limited company in 2025, Umiya Mobile is positioning itself as a growing player in India's competitive retail electronics landscape.
Umiya Mobile's robust product mix, regional store network, and focus on customer experience present significant growth potential. This makes it a company of interest for traders looking to invest in the dynamic consumer electronics retail sector.
