Vinit Mobile IPO

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Vinit Mobile IPO Details

  • Bidding Date

    30-Jun-2026 to
    02-Jul-2026

  • Issue Size

    ₹63.36 Cr

  • Price Band

    ₹150 to ₹158

  • Allotment date

    03-Jul-2026

  • Listing date

    To be updated

  • Lot size

    800

  • No. of shares

    40,10,000

  • Fresh issue/OFS

    ₹34.13 Cr /--

About Vinit Mobile Company

Vinit Mobile, incorporated in 2011 and based in Surat, Gujarat, India, is a multi-brand mobile retail business that has grown from a regional phone dealer into a larger retail chain operating 32 company-owned and company-operated stores across the district. Over time, the company has broadened its business segments from handset retail into a wider consumer-electronics offering that includes smartphones from brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Motorola, and OnePlus, as well as tablets and mobile accessories like chargers, earphones, power banks, screen guards, and covers, with a parallel B2B bulk-sales channel for retailers and corporate buyers. Its core business focuses on organized mobile and accessories retail, supported by expertise in multi-brand merchandising, store operations, and customer financing coordination through partnerships with lenders such as Bajaj Finserv, HDB Financial Services, and TVS Credit, alongside after-sales support via authorized service centers. A key strength is its dense local store network and one-stop-shop format, which help it address convenience, availability, and service expectations in a fast-moving consumer electronics market while maintaining a customer-first approach centered on access, choice, and post-purchase support.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    --

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Recent IPOs

Name Price Band (Rs) Bidding Date
Atharva Poly-Plast 55 - 60 30-Jun-2026 to 02-Jul-2026
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Sampark India Logistics 80 - 84 30-Jun-2026 to 02-Jul-2026
Vinit Mobile 150 - 158 30-Jun-2026 to 02-Jul-2026
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FAQs for Vinit Mobile IPO.

The issue size of Vinit Mobile is ₹63.36 Cr.

Vinit Mobile falls into Specialty Retail industry.

The open and close dates for the Vinit Mobile are 30-Jun-2026 & 02-Jul-2026.

The price band for the Vinit Mobile ipo is ₹150 to ₹158

The purpose of this IPO is to raise fresh capital.

Key financial of the Vinit Mobile are:


Vinit Mobile FY-25 FY-24 FY-23
Revenue (₹ Cr) 59.99 28.56 0
EBIT (₹ Cr) 5.01 1.03 -0
Proft after Tax (₹ Cr) 3.9 0.72 -0
Debt (₹ Cr) 3.04 3.1 0.03
Net Worth (₹ Cr) 4.6 0.7 -0.02
RoE (%) 84.78 102.78 3.08