Description
BSE circular announcing the listing of equity shares for Umiya Mobile Limited IPO with detailed security allocation and lock-in periods.
Summary
BSE has announced the listing of equity shares for Umiya Mobile Limited IPO, detailing the allocation of 14,220,000 total securities across different categories with varying lock-in periods ranging from 1 to 3 years.
Key Points
- Total securities listed: 14,220,000 equity shares
- All securities are fully paid and in demat form
- Lock-in periods vary from 1 year (until 05/08/2026) to 3 years (until 05/08/2028)
- Lock-in period starts from 25/07/2025 for most securities
- Securities allocated across 10 different distinctive number ranges
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Securities subject to lock-in restrictions cannot be traded until respective unlock dates
- Compliance with IPO lock-in provisions as per SEBI regulations
Important Dates
- Lock-in start date: 25/07/2025
- Lock-in end dates: 05/08/2026, 05/08/2027, and 05/08/2028 (depending on security category)
Impact Assessment
The listing provides liquidity for IPO investors while maintaining lock-in compliance. The staggered unlock dates over 3 years will provide gradual supply to the market, potentially reducing price volatility from large block sales.
Impact Justification
New IPO listing affects market participants and investors interested in the company