Vinit Mobile IPO Details

SME NSE

Vinit Mobile IPO Summary

Vinit Mobile IPO opens for subscription on 30 Jun 2026 and closes on 02 Jul 2026.The IPO will be listed on NSE with the tentative listing date set for 07 Jul 2026.

Vinit Mobile IPO price band has been fixed at ₹150 – ₹158 per share. The face value is ₹10 per share with a lot size of 800.

Vinit Mobile IPO total issue size comprises 21,60,000 shares (aggregating up to ₹34.13 Cr). This includes a fresh issue of 21,60,000 shares (aggregating up to ₹34.13 Cr). Pre-issue shareholding stands at 40,10,000, which will increase to 61,70,000 post-issue.

Vinit Mobile IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Vinit Mobile IPO Lot Size :Individual Minimum is 2 lots (1,600 shares) amounting to ₹252,800. Individual Maximum is 2 lots (1,600 shares) amounting to ₹252,800. SHNI Minimum is 3 lots (2,400 shares) amounting to ₹379,200. SHNI Maximum is 7 lots (5,600 shares) amounting to ₹884,800. BHNI Minimum is 8 lots (6,400 shares) amounting to ₹1,011,200.

The Lead Managers for Vinit Mobile IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Comfort Securities Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Comfort Securities Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Vinit Mobile Limited RHP.

Vinit Mobile IPO Details

Listing Price : ₹155 at a Discount of 1.9%

Open Date

30 Jun 2026

Close Date

02 Jul 2026

Listing Date

07 Jul 2026

Issue Price

₹150 - ₹158

Face Value

₹10 per share

Lot Size

800 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE

Type

Book Built Issue

Pre-issue Shareholding

40,10,000 shares

Post-issue Shareholding

61,70,000 shares

Total Issue Size

21,60,000 shares(aggregating up to ₹34.13 Cr)

Fresh Issue

21,60,000 shares(aggregating up to ₹34.13 Cr)

Offer for Sale

Vinit Mobile IPO Subscription

Vinit Mobile IPO Application Wise Breakup

Vinit Mobile IPO Dates

30 Jun 2026
Opening dateOpen
02 Jul 2026
Closing dateClose
03 Jul 2026
Allotment Date Allotment
06 Jul 2026
Initiation of RefundsRefund
06 Jul 2026
Credit of SharesCredit
07 Jul 2026
Listing dateListing

Vinit Mobile IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	1600	₹252,800
Individual Maximum	2	1600	₹252,800
SHNI Minimum	3	2400	₹379,200
SHNI Maximum	7	5600	₹884,800
BHNI Minimum	8	6400	₹1,011,200

Vinit Mobile IPO Reservation

Promoter Holding

Pre Issue:

99.80%

Post Issue:

64.86%

Promoter Names:

Mr. Vinit Jalan, Mrs. Shweta Jalan

Documents

DRHP

Vinit Mobile IPO DRHP

RHP

Vinit Mobile IPO RHP

Vinit Mobile IPO Valuations

ROE52.61%

ROCE46.48%

Debt/Equity0.62

RoNW52.61%

PAT Margin9.12%

EBITDA Margin13.60%

EPS(₹) (Pre IPO)9.73

EPS(₹) (Post IPO)11.04

P/E (x) (Pre IPO)16.24

P/E (x) (Post IPO)14.31

Vinit Mobile Financial Information

Period Ended	31 Dec 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	25.04	13.34	7.41	0.01
Total Income	56.01	60.63	28.59	0.00
Profit After Tax	5.11	3.90	0.72	-0.00
EBITDA	7.53	5.72	1.05	-0.00
NET Worth	9.71	4.60	0.70	-0.02
Reserves and Surplus	5.70	4.59	0.69	-0.03
Total Borrowing	6.07	3.04	3.10	0.03
Amount in ₹ Crore

About Vinit Mobile IPO

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.

Strength Of Vinit Mobile IPO

Multi-Brand Retailing and Partnership Opportunities.
Own managed stores.
Operating and financial performance growth.
Diversified customer base.

Risk Of Vinit Mobile IPO

The Promoter was engaged in a similar line of business through proprietorship firms prior to starting the business of the company
Opening and closing stores is a regular part of Company's business and depends mainly on how much revenue each store generates.
We are facing challenge in obtaining registration under Gujarat Shops and Establishments Act, 2019 for 4 (Four) of our premises owing to property tax issue on behalf of original owner. In case of our inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate our business it may have a material adverse effect on our business.
Our Company's business is highly dependent on the brand recognition and reputation of the products we Issue. Any failure to maintain or enhance the image of these brands could have a material adverse effect on our business, financial condition, and results of operations.
Our Restated Financial Information are prepared and signed by the Peer Review Auditor who is not Statutory Auditors of our Company as required under the provisions of ICDR.
Our Company is significantly dependent on a limited number of suppliers for the procurement of products. Any disruption, delay, or termination of business relationships with one or more of these key suppliers could adversely affect our ability to maintain inventory levels, fulfill customer demand, and operate efficiently.
Our business is primarily focused on the distribution of telecom products, such as mobile devices, accessories, and related gadgets, which leaves us vulnerable to risks due to the lack of diversification in our product offerings.
Dependence on Brand Partner Employees at Retail Stores of the Company.
Our operations and revenues are limited to and concentrated in the geographical region of the State of Gujarat. In the State of Gujarat also our business revenue is generated mainly from one district viz., Surat. Any adverse development affecting our operations in this region or any saturation could have an adverse impact on our business, financial condition and results of operations.
Our business is dependent on high volume sales.

Objectives Vinit Mobile IPO

1. Set up cost of New Stores

2. Working Capital

3. General corporate purposes

Company Contact Details

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

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

Vinit Mobile FAQs

The Vinit Mobile IPO is a SME public issue comprising 2160000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹34.13 Cr. The issue price has been fixed at ₹158 per equity share, and the minimum application size is 800 shares.

The IPO opens for subscription on 30 Jun 2026, and closes on 02 Jul 2026.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Vinit Mobile IPO opens on 30 Jun 2026.

Vinit Mobile IPO lot size is 800, and the minimum amount required for application is ₹126400.

You may apply for the Vinit Mobile IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Vinit Mobile IPO is scheduled to be finalized on 03 Jul 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 06 Jul 2026. Investors are advised to regularly check the Vinit Mobile IPO allotment status for updates.

The listing date for the Vinit Mobile IPO has not yet been officially announced. However, the tentative listing date is scheduled for 07 Jul 2026.

Vinit Mobile IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).