Vinit Mobile IPO Details
The Vinit Mobile IPO is a book build issue with a total issue size of ₹34 cr, comprising of fresh issue of 2052000 equity shares. Vinit Mobile IPO is currently open for subscription and will close on Jul 02, 2026 (opened on Jun 30, 2026). Vinit Mobile IPO is set price band at ₹150 to ₹158 per share, with a lot size of 800 shares. Minimum investment for Retail investors is of ₹252,800.00 (at the upper price band) to apply for one lot.
The basis of allotment is expected to be finalized on Jul 03, 2026, and the shares are likely to be listed on the NSE on Jul 07, 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar. **Comfort Securities Limited ** are the Book Running Lead Manager for the issue.
Before investing in the Vinit Mobile IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 150 – 158
- Lot Size
- 800
- Issue Size
- ₹34 Cr
- Minimum Investment
- ₹252800 (1600 Shares)
- Listing Date
- 07 July 2026
Current GMP
₹30 (+18.99%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
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
Book Running Lead Managers
- Comfort Securities Limited
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 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.
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 per share.
Vinit Mobile IPO lot size is 800 shares, Retail investors need a minimum investment of ₹252800 based on the upper price band
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.
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.
Vinit Mobile IPO issue size is ₹34 crores.
Vinit Mobile IPO allotment date is Wed, Jul 1, 2026.
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.
The Vinit Mobile IPO GMP (Grey Market Premium) is ₹30 as of Wed, Jul 1, 2026. Based on the upper price band of ₹158 per share, the estimated Vinit Mobile IPO listing price is ₹188, indicating a potential listing gain of approximately 0% over the issue price.