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SME ● Listed

Vinit Mobile IPO Details

VM

IPO Overview

Price Band ₹150–₹158
Lot Size 800 shares
Min Investment Min ₹126400
Total Subscription 1.62 times
Status Listed

Lot Size

Application Lots Shares Amount
Individual investors (IND) (Min) 2 1600 252800
Individual investors (IND) (Max) 2 1600 252800
S-HNI (Min) 3 2400 379200
S-HNI (Max) 7 5600 884800
B-HNI (Min) 8 6400 1011200

IPO Tentative Timetable

IPO Open Date Jun 30, 2026
IPO Close Date Jul 02, 2026
Allotment Date Jul 03, 2026
Refund Initiation Jul 06, 2026
Listing Date Jul 07, 2026

IPO Detail

Face Value ₹10 per share
Price Band ₹150 to ₹158
Lot Size 800 Shares
Sale Type Fresh capital only
Issue Type Bookbuilding IPO
Listing At NSE SME
Total Issue Size 21,60,000 shares (agg. up to ₹34 Cr)
Reserved for Market Maker 1,08,000 shares (agg. up to ₹2 Cr)Comfort Securities Ltd.
Fresh Issue (Ex Market Maker) 20,52,000 shares (agg. up to ₹32 Cr)
Net Offered to Public 20,52,000 shares (agg. up to ₹32 Cr)
Share Holding Pre Issue 40,10,000 shares
Share Holding Post Issue 61,70,000 shares

Valuations

E P S (₹) 11.04
P/ E (x) 14.31
Promoter Holding

Company Financials (In Crore)

Period Ended Assets Total Income Profit After Tax E B I T D A N E T Worth Reserves And Surplus Total Borrowing
31 Dec 2025 25.04 56.01 5.11 7.53 9.71 5.70 6.07
31 Mar 2025 13.34 60.63 3.90 5.72 4.60 4.59 3.04
31 Mar 2024 7.41 28.59 0.72 1.05 0.70 0.69 3.10
31 Mar 2023 0.01 0.00 -0.00 -0.00 -0.02 -0.03 0.03

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
S. No. Objects Of The Issue Expected Amount (in Crores)
1 Set up cost of New Stores 0.62
2 Working Capital 23.75
3 General Corporate Purposes
Total 24.37

About Company

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

Vinit Mobile IPO Details — Frequently Asked Questions

What is Vinit Mobile IPO?
Vinit Mobile IPO is a SME Initial Public Offering where the company raises capital by offering shares to the public. On this page you can find the price band (₹150–₹158), lot size, issue size, tentative dates, company financials, and other key details about the Vinit Mobile IPO.
What is the price band of Vinit Mobile IPO?
The price band for Vinit Mobile IPO is ₹150–₹158. Investors can bid within this range during the subscription period. The final issue price is typically set at the upper end of the band when the IPO is oversubscribed.
What is the lot size and minimum investment for Vinit Mobile IPO?
The market lot size for Vinit Mobile IPO is 800 shares shares. Retail investors need a minimum investment of approximately Min ₹126400 (one lot at the upper price band) to apply for this IPO.
When will Vinit Mobile IPO open and close for subscription?
Vinit Mobile IPO subscription is scheduled to open on Jun 30 and close on Jul 02. Investors can apply through their broker or bank using UPI or ASBA during this window.
What is the issue size of Vinit Mobile IPO?
The total issue size of Vinit Mobile IPO is 21,60,000 shares (agg. up to ₹34 Cr). This includes the fresh issue and offer for sale components as disclosed in the Red Herring Prospectus (RHP).
When is the Vinit Mobile IPO listing date?
The tentative listing date for Vinit Mobile IPO on the stock exchange (NSE/BSE) is Jul 07 2026. After allotment, shares are credited to your Demat account and trading begins on the listing day.
Is Vinit Mobile a Mainline IPO or SME IPO?
Vinit Mobile is classified as a SME IPO. SME IPOs are listed on the NSE Emerge or BSE SME platform with a lower minimum application size compared to mainboard IPOs.
How can I apply for Vinit Mobile IPO?
To apply for Vinit Mobile IPO, open your broker app or bank net banking, select the IPO section, choose Vinit Mobile IPO, enter your bid quantity (in lots of 800 shares shares), select a price within ₹150–₹158, and authorize payment via UPI or ASBA. A Demat account and PAN card are mandatory.

Disclaimer

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Readers must consult a qualified financial advisor before making any actual investment decisions based on information published in this application. The information in this application is based on information available as of the date of publication, along with market perceptions, and may be subject to change without notice.

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