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Vinit Mobile IPO

Open Sme
NSE 30 June - 02 July 2026
Vinit Mobile Limited IPO is a book build issue of 34 Cr. The issue is entirely a fresh issue of 2052000 shares aggregating to 32 Cr. Vinit Mobile Limited IPO opens for subscription on Jun 30, 2026 and closes on Jul 02, 2026. The allotment for the this IPO is expected to be finalized on Jul 03, 2026. IPO will list on NSE and BSE with a tentative listing date fixed as Jul 07, 2026. Vinit Mobile Limited IPO is set issue price band at ₹150 to ₹158 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 150 – 158

Lot Size

800

Issue Size

₹34 Cr

Minimum Investment

₹252800 (1600 Shares)

Listing Date

07 July 2026

Subscription

-

About the Company

Incorporated in 2011, Vinit Mobile is a multi-brand mobile retail company engaged in the sale of smartphones, tablets, mobile accessories, and related products. The company offers an extensive range of mobile devices from leading brands, including Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, catering to diverse customer preferences and budgets.

In addition to smartphones, the company retails tablets, data cards, and a wide variety of mobile accessories such as earphones, chargers, power banks, screen protectors, and mobile covers. Through its comprehensive product portfolio, Vinit Mobile aims to provide customers with a one-stop destination for mobile communication and technology needs.

As of the date of this Red Herring Prospectus (RHP), the company operates 35 Company-Owned and Company-Operated (COCO) retail stores strategically located across the Surat district of Gujarat, including key markets such as Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri. The widespread retail network enables the company to maintain a strong presence and effectively serve customers across the region.

To enhance customer convenience and affordability, the company has established relationships with leading financial institutions, including Bajaj Finserv, HDB Financial Services, and TVS Credit, enabling customers to avail themselves of financing and EMI facilities, subject to applicable approvals and eligibility criteria. The company also supports customers through after-sales service assistance by coordinating with authorized service centers for warranty claims, repairs, and product support.

Apart from its retail operations, Vinit Mobile is engaged in business-to-business (B2B) sales, supplying mobile phones, accessories, and related products in bulk to small retailers, distributors, and corporate customers. This diversified business model allows the company to serve both retail and institutional segments, contributing to its overall growth and market presence.

Promoters

  1. Mr. Vinit Jalan
  2. Mrs. Shweta Jalan
Promoters Holding

Holding Pre Issue

99.80%

Holding Post Issue

0.00%

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Set up cost of New Stores 
  2. Working Capital 
  3. General corporate purposes 

Address / Contact Info

Vinit Mobile Ltd. Address
Plot no. 358, Ground, 1st & 2nd floor
Gopal Nagar, Bamroli Althan Expressway,
Pandesara
Surat, Gujarat, 394221
Telephone: +91 9227984148
Email: compliance@vinitmobile.com
Website:https://www.vinitmobile.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 150 – 158
Lot Size800
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 32.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 34.00 Cr
Listing AtNSE
IndustryRetailing
SectorTelecom
QIB Quota1.05%
BNII Quota26.67%
SNII Quota13.33%
Retail Quota58.95%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Vinit Mobile IPO is a Book-building IPO worth ₹34 crores. The price band is ₹150 to 158 per share. The IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The Vinit Mobile IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026

Vinit Mobile IPO Price Band is ₹150 to 158.

Vinit Mobile IPO lot size is 800, and the minimum amount required for application is ₹252800.

The minimum investment for Vinit Mobile IPO is approximately ₹252800 based on the upper price band.

To apply for the Vinit Mobile IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jul 2, 2026. After submission, funds are blocked until the basis of allotment of Vinit Mobile IPO is finalised.

Vinit Mobile IPO issue size is ₹34 crores.

Vinit Mobile IPO allotment date is Sat, Jun 27, 2026.

The registrar for Vinit Mobile IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Vinit Mobile IPO through their official website or helpline.