Vinit Mobile
· SME · NSE
Price Band
₹150–158
Lot Size
800 shares
Issue Size
₹34 Cr
Min. Investment
₹1,26,400
Grey Market Premium
Indicative, updates through the day
Estimated listing price: ₹158
Subscription Status
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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.
Issue Objectives
- Set up cost of New Stores
- Working Capital
- General Corporate Purposes
- Public Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 21,600 | 1.05% |
| NII (HNI) | 8,20,800 | 40% |
| − bNII > ₹10L | 5,47,200 | 0% |
| − sNII < ₹10L | 2,73,600 | 0% |
| Retail | 12,09,600 | 58.95% |
| Market Maker | 1,08,000 | 0% |
- QIB1.1%
- NII (HNI)40.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail59.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1600 | ₹2,52,800 |
| Individual investors (IND) (Max) | 2 | 1600 | ₹2,52,800 |
| S-HNI (Min) | 3 | 2400 | ₹3,79,200 |
| S-HNI (Max) | 7 | 5600 | ₹8,84,800 |
| B-HNI (Min) | 8 | 6400 | ₹10,11,200 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
9.73
EPS (Post IPO)
11.04
ROE
52.61%
P/E (Pre IPO)
16.24
P/E (Post IPO)
14.31
Price / Book
Market Cap
₹97.49 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Mehul Telecom Ltd. | 13.02 | ₹27.73 Cr | |
| Umiya Mobile Ltd. | 12.18 | ₹24.88 Cr | |
| Lenskart Solutions Ltd. | 227.27 | ₹7,278.02 Cr |
Contact Details
Vinit Mobile Ltd. Address
- +91 9227984148
- compliance@vinitmobile.com
- https://www.vinitmobile.com/
Registrar Contact Details
Bigshare Services Pvt. Ltd.
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://bigshareonline.com
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093
Frequently Asked Questions
Key Dates
- Open Date
- 30 Jun 2026
- Close Date
- 02 Jul 2026
- Listing Date
- 07 Jul 2026
Issue Details
- Registrar
- Bigshare Services
- Lead Manager(s)
- Exchange
- NSE