Vinit Mobile IPO
GMP, Subscription, Price, Dates & Financial Details
Retailing
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,…
Open Date
Tue, 30 Jun 2026
Close Date
Thu, 02 Jul 2026
Price Band
₹ 150 – 158
Lot Size
800
Issue Size
₹ 34.00 Cr
Minimum Investment
₹ 252,800 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Vinit Mobile IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹34.00 Crore, comprising a fresh issue of 20.52 Lakh equity shares aggregating to ₹32.00 Crore.
The Vinit Mobile IPO remained open for subscription from June 30, 2026, to July 02, 2026. The basis of allotment was finalized on July 03, 2026, and the company's shares were listed on NSE SME Platform on July 07, 2026.
The company had fixed the price band at ₹150 to ₹158 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹252,800 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Comfort Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Vinit Mobile Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Vinit Mobile IPO Timeline (Tentative)
- IPO Open Date
- Tue, 30 Jun 26
- IPO Close Date
- Thu, 02 Jul 26
- Basis of Allotment
- Fri, 03 Jul 26
- Initiation of Refunds
- Mon, 06 Jul 26
- Credit of Shares to Demat
- Mon, 06 Jul 26
- Listing Date
- Tue, 07 Jul 26 — NSE & BSE
Open Date
30 June 2026
Close Date
02 July 2026
Basis Of Allotment
03 July 2026
Listing Date
07 July 2026
IPO Subscription
Check Live Subscription →The Vinit Mobile IPO has received bids for 34,22,400 shares against 20,52,000 shares offered, resulting in an overall subscription of 1.67x. the NII category is subscribed 0.93x, Retail Investors 2.18x, and QIBs 1x. Within the NII category, BNII is subscribed 3.56x, while SNII is subscribed 0.26x.
QIB
1x
NII
0.93x
BNII
3.56x
SNII
0.26x
RII
2.18x
Total
1.67x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 12,09,600 shares, representing 58.95% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 21,600 shares (1.05%), while Non-Institutional Investors (NIIs) receive 8,20,800 shares (40%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 21,600 | 1.05% |
| Non-Institutional | 820,800 | 40% |
| BNII | 165,600 | 8.07% |
| SNII | 655,200 | 31.93% |
| Retail Investors | 1,209,600 | 58.95% |
| Total | 2,052,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 25.04 | 13.34 | 7.41 | 0.01 |
| Revenue | 56.01 | 60.63 | 28.59 | 0 |
| Profit After Tax | 5.11 | 3.9 | 71990 | 0 |
| Net Worth | 9.71 | 4.6 | 0.7 | -0.02 |
| Reserve & Surplus | 5.7 | 4.59 | 0.69 | -0.03 |
| Total Borrowings | 6.07 | 3.04 | 3.1 | 0.03 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Vinit Mobile Limited KPI Information
| Particular | Dec 2025 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 52.61 | 84.78 | 102.79 |
| ROCE % | 46.48 | 73.66 | 27.51 |
| Debt / Equity | 0.62 | 0.66 | 4.43 |
| RoNW % | 52.61 | 84.78 | 102.79 |
| Pat Margin % | 9.12 | 6.44 | 2.52 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vinit Mobile Ltd | 10 | 0.00 | 9.73 | 9.73 | 84.78 | 11.48 |
| Bhatia Communications & Retail (India) Ltd | 1 | 24.25 | 1.10 | 1.10 | 15.60 | 7.07 |
| Fonebox Retail Ltd | 10 | 22.20 | 4.43 | 4.43 | 13.18 | 33.69 |
| Umiya Mobile Ltd | 10 | 14.02 | 5.42 | 5.42 | 40.51 | 13.69 |
About Vinit Mobile Limited
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.
Vinit Mobile IPO Promoters
- Mr. Vinit Jalan
- Mrs. Shweta Jalan
Promoters Holding
Holding Pre Issue
99.80%
Holding Post Issue
0.00%
Vinit Mobile IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Set up cost of New Stores
- Working Capital
- General corporate purposes
Vinit Mobile Limited Address / Contact Details
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
Vinit Mobile IPO Lot Size
The Vinit Mobile IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,52,800 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,52,800.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 252,800.00 |
| Retail (Max) | 2 | 1,600 | 252,800.00 |
| S-HNI (Min) | 3 | 2,400 | 379,200.00 |
| S-HNI (Max) | 7 | 5,600 | 884,800.00 |
| B-HNI (Min) | 8 | 6,400 | 1,011,200.00 |
Issue Reservation
- QIB — 1.05%
- NII — 40%
- RII — 58.95%
Book Running Lead Managers
- Comfort Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Vinit Mobile IPO?
Vinit Mobile IPO is a Book-building IPO with a total issue size of ₹34 crore. The Vinit Mobile IPO price band is ₹150 to 158 per share. The Vinit Mobile IPO subscription opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026. The Vinit Mobile IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Vinit Mobile IPO.
When will the Vinit Mobile IPO open for subscription?
The Vinit Mobile IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026
What is Vinit Mobile IPO Price Band?
Vinit Mobile IPO Price Band is ₹150 to 158 per share.
What is Vinit Mobile IPO Lot Size?
Vinit Mobile IPO lot size is 800 shares, Retail investors need a minimum investment of ₹252800 based on the upper price band
What is the minimum investment for Vinit Mobile IPO?
The minimum investment for Vinit Mobile IPO is ₹252800, based on one lot of 800 shares at the upper price band of ₹158 per share.
How to apply for Vinit Mobile IPO?
Investors can apply for the Vinit Mobile IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jul 2, 2026. The application amount remains blocked until the Vinit Mobile IPO allotment is finalized.
What is Vinit Mobile IPO Issue Size?
Vinit Mobile IPO issue size is ₹34 crores.
What is the Vinit Mobile IPO Allotment Date?
Vinit Mobile IPO allotment date is Fri, Jul 3, 2026.
Who is the Vinit Mobile IPO Registrar?
The registrar for Vinit Mobile IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Vinit Mobile IPO allotment status, refund processing, and other IPO-related information.
What is the Vinit Mobile IPO GMP?
The Vinit Mobile IPO GMP (Grey Market Premium) is ₹0 as of Tue, Jul 7, 2026. Based on the upper price band of ₹158 per share, the estimated Vinit Mobile IPO listing price is ₹158, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Vinit Mobile IPO Lead Manager?
The book-running lead managers (BRLMs) for the Vinit Mobile IPO are Comfort Securities Limited . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Vinit Mobile IPO Red Herring Prospectus (RHP).