Vinit Mobile – IPO

The Vinit Mobile IPO is structured as a book-built issue totaling ₹34.13 crores. The issue consists entirely of a fresh issue of 21.60 lakh equity shares, aggregating to ₹34.13 crores, with no offer for sale (OFS) component.

The Vinit Mobile IPO opened for subscription on June 30, 2026, and closed on July 2, 2026. The basis of allotment was finalized on July 3, 2026. The IPO was listed on the NSE SME platform on July 7, 2026. 

The price band for the Vinit Mobile IPO was fixed between ₹150 and ₹158 per share. A minimum lot size of 800 shares was required for an application. Retail investors were required to apply for a minimum of 2 lots (1,600 shares), requiring a minimum investment of ₹2,52,800. For HNI investors, the minimum application size was 3 lots (2,400 shares), requiring an investment of ₹3,79,200. 


Vinit Mobile – IPO Details

IPO Date June 30, 2026 to June 2, 2026
Listing Date July 7, 2026
Face Value ₹ 10 / Share
Price Band ₹ 150 to ₹ 158 / Share
Lot Size 800 Shares
Total Issue Size 2160000
(Aggregating up to 34 )
Fresh Issue 2052000
(Aggregating up to 32 )
Offer for Sale 2052000
(Aggregating up to 32)
Employee Discount
Issue Type Bookbuilding IPO
Listing At NSE SME
Share holding pre issue 4010000
Share holding post issue 6170000
Market Maker portion

Vinit Mobile Timeline (Tentative Schedule)

Vinit Mobile IPO opens on June 30, 2026, and closes on June 2, 2026.

IPO Open Date June 30, 2026
IPO Close Date June 2, 2026
Basis of Allotment July 3, 2026
Initiation of Refunds July 6, 2026
Credit of Shares to Demat July 6, 2026
Listing Date July 7, 2026
Cut-off time for UPI mandate confirmation --

Vinit Mobile IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. 

Application Lots Shares Amount
Retail (Min) 2 1,600 Rs.252,800
Retail (Max) 2 1,600 Rs.252,800
S-HNI (Min) 3 2,400 Rs.379,200
S-HNI (Max) 7 5,600 Rs.884,800
B-HNI (Min) 8 6,400 Rs.1,011,200
HNI (Min)

Vinit Mobile IPO Promoter Holding

Share Holding Pre Issue 4010000
Share Holding Post Issue 6170000

Vinit Mobile IPO Reservation

Vinit Mobile IPO comprises a total issue size of 21,60,000 shares. The net offer to the public is 20,52,000 shares, after excluding 1,08,000 shares allotted on a firm basis. Of the Net offer 21,600 (1.05%) are allocated to QIB, 8,20,800 (40.00%) allocated to NII 12,09,600 (58.95%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered 108000
5.00
Other Shares Offered
QIB Shares Offered 21600
1.05
1.00
NII (HNI) Shares Offered 820800
40.00
38.00
bNII > ₹10L 547200
25.33
sNII < ₹10L 273600
12.67
Retail Shares Offered 1209600
58.95
56.00
Employee Shares Offered
Total Shares Offered 2160000
100.00

Vinit Mobile IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Vinit Mobile

Incorporated in 2011, Vinit Mobile is a multi-brand mobile retail business. The company offers a wide range of mobile phones from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. In addition, the stores sell tablets, data cards, and mobile accessories, including earphones, chargers, power banks, screen guards, and mobile covers.

As of the date of this RHP, the company operates 35 company-owned and company-operated (COCO) retail stores across the Surat district, including Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri.

The Company has tie-ups with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to provide EMI and financing options to customers, subject to approval. It also assists customers with after-sales service by coordinating with authorized service centers for warranty and repair support.

In addition to retail sales, the company also undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate customers.

Competitive Strengths

  • Company Owned Company Operated Stores (COCO)
  • Experienced Promoters and Management Team
  • Multi-Brand Retailing and Partnership Opportunities
  • Extensive Distribution Network in Surat
  • Strategic Store Locations and Customer Experience
  • Financial arrangements with financial institutions
  • Innovative gift baskets to attract customers
  • Centralized Inventory Management System
  • Employee Training and After-Sales Assistance

Key Performance Indicator

KPI Values
ROE 52.61
ROCE 46.48
Debt/Equity 0.62
RoNW 52.61
P/BV 13.76
PAT Margin (%) 9.12
  Pre IPO Post IPO
EPS (Rs) 9.73 11.04
P/E (x) 16.24 14.31

Note:

Vinit Jalan, Shweta Jalan



Objects of the Issue (Vinit Mobile IPO Objectives)

Vinit Mobile Contact Details

Vinit Mobile Ltd. Address

Plot no. 358, Ground, 1st & 2nd floor

Gopal Nagar, Bamroli Althan Expressway,

Pandesara

Surat, Gujarat, 394221

Vinit Mobile IPO Registrar

Frequently Asked Questions


What is Vinit Mobile IPO?
The Vinit Mobile IPO is classified as an Mainline IPO. The issue price is set between ₹150 and ₹158 per equity share. A minimum of 800 shares is required per order. The IPO will be open from June 30, 2026, to June 2, 2026. The shares are proposed to be listed on NSE SME.

When does the Vinit Mobile IPO open and close?
The Vinit Mobile IPO will be opened on June 30, 2026, and closed on June 2, 2026.

What is the issue size of the Vinit Mobile IPO?
The size of the Vinit Mobile IPO is 34 in total. A fresh issue of 2052000 shares, aggregating up to 32 , is included.

What is the price band of the Vinit Mobile Limited IPO?
The price band for the IPO has been set between ₹150 - ₹158 per equity share.

What is the allotment date of the Vinit Mobile IPO?
The share allotment date for the Vinit Mobile IPO is set for July 3, 2026.

What is the Vinit Mobile listing date?
The Vinit Mobile IPO is scheduled to be listed on July 7, 2026.

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