· SME · NSE
Price Band
₹150–158
Lot Size
800 shares
Issue Size
₹34 Cr
Min. Investment
₹1,26,400
Indicative, updates through the day
Cap price plus current GMP: ₹158 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Vinit Mobile IPO is an SME issue that listed on NSE on 7 July 2026. The issue price band is fixed at ₹150–₹158 per equity share with a minimum market lot size of 800 shares, bringing the total issue size to ₹34 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,26,400.
No meaningful grey market premium is actively quoted for Vinit Mobile IPO at this stage. For an SME issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 800 shares (approx. ₹1,26,400 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 3 July 2026 and listing completed on 7 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹158
Listed At
₹155
Current Price
₹147.25
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.
| 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% |
| 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 |
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
₹63Cr.
| 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 |
Vinit Mobile Ltd. Address
Bigshare Services Pvt. Ltd.