Umiya Mobile Limited Approves Financial Results and Reports No Deviation in IPO Fund Utilization

Umiya Mobile Limited , a company listed on the SME platform of BSE, has announced the outcomes of its recent board meeting held on November 11, 2025. The meeting, which lasted from 2:30 PM to 3:30 PM IST, covered several key points including the approval of financial results and disclosures on fund utilization.

Financial Results Approval

The board of directors approved the standalone unaudited financial results for the half year ended September 30, 2025. While specific financial figures were not disclosed in the available information, this approval marks an important step in the company's regulatory compliance and transparency efforts.

IPO Fund Utilization

One of the significant highlights of the meeting was the disclosure on the utilization of funds raised through the company's Initial Public Offering (IPO). Umiya Mobile Limited had raised Rs 24.88 crore through a public issue that opened on July 28, 2025, and closed on July 30, 2025. The IPO involved issuing 37,70,000 equity shares at a price of Rs 66.00 per share (face value of Rs 10.00 and a premium of Rs 56.00).

The funds raised were allocated as follows:

Purpose	Amount (in Rs crore)
Repayment of borrowings	19.00
General corporate purposes	2.27
Total	21.27

Importantly, the company reported no deviation in the utilization of funds raised from the public issue, indicating adherence to the stated objectives of the IPO.

Other Disclosures

The board meeting also covered disclosures on related party transactions, as required under Regulation 23 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Additionally, the company provided a statement of deviation and variation of funds raised, in compliance with Regulation 32 of the same SEBI regulations.

Auditor's Certification

The company's statutory auditors, SADP & Co., Chartered Accountants, have certified that the statement of fund utilization is in agreement with the reviewed financial statements and books of account for the year ended. This certification adds an additional layer of assurance regarding the company's financial disclosures.

These disclosures and approvals demonstrate Umiya Mobile Limited's commitment to regulatory compliance and transparent communication with its shareholders and the market at large.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.48%	+9.43%	-21.61%	+10.50%	+10.50%	+10.50%

Umiya Mobile , a prominent player in the Indian mobile industry, has reported a significant increase in its net sales for September. The company's performance highlights a robust growth trajectory in the competitive mobile market.

Financial Highlights

Umiya Mobile Limited announced its monthly sales figures, revealing an impressive year-over-year growth:

Particulars	September (Current Year)	September (Previous Year)	YoY Growth (%)
Net Sales	₹675.48 Crore	₹374.30 Crore	80.46%

The company's net sales soared to ₹675.48 crore in September, marking a substantial 80.46% increase from ₹374.30 crore recorded in the same month of the previous year.

Growth Analysis

This remarkable growth in net sales indicates several positive factors for Umiya Mobile:

Market Expansion: The significant increase suggests that Umiya Mobile may have successfully expanded its market reach or introduced new product lines that resonated with consumers.
Consumer Demand: The surge in sales could reflect growing consumer demand for Umiya Mobile's products, possibly driven by innovative features or competitive pricing strategies.
Operational Efficiency: Such a substantial increase in sales might also point to improved operational efficiencies, allowing the company to meet higher demand effectively.

Industry Implications

The impressive growth of Umiya Mobile could have broader implications for the Indian mobile industry:

It may indicate a growing consumer appetite for mobile devices, potentially driven by factors such as increased digital adoption or technological advancements.
The company's performance might set a benchmark for competitors, potentially intensifying competition in the sector.

Conclusion

Umiya Mobile's strong sales performance in September demonstrates the company's growing presence in the Indian mobile market. As the industry continues to evolve, it will be interesting to observe how Umiya Mobile maintains this growth momentum and responds to market dynamics in the coming months.

Investors and industry observers will likely keep a close watch on Umiya Mobile's future performance to gauge both the company's trajectory and broader trends in the Indian mobile sector.