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Vinit Mobile IPO IPO

SME30 Jun to 2 Jul, 202630 Jun to 2 Jul, 2026
Open
30 Jun to 2 Jul, 2026
Close
30 Jun to 2 Jul, 2026
3
Allotment
Listing
Tue, Jul 7, 2026
Price Band
₹150 to ₹158
Issue Size
21,60,000 shares (agg. up to ₹34 Cr)
Lot Size
800 Shares
Listing Date
Tue, Jul 7, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight

GMP Trend

07-07-20260Est. ₹158+0%
06-07-20260Est. ₹158+0%
05-07-20260Est. ₹158+0%
04-07-20260Est. ₹158+0%
03-07-20261Est. ₹159+0.63%
02-07-20261Est. ₹159+0.63%
01-07-202630Est. ₹188+18.99%

Live Subscription

CategorySubscription (times)
QIB1.00x
NII0.80x
Retail2.18x
Total1.62x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets25.0413.347.410.01
Total Income56.0160.6328.590.00
Profit After Tax5.113.900.72-0.00
EBITDA7.535.721.05-0.00
NET Worth9.714.600.70-0.02
Reserves and Surplus5.704.590.69-0.03
Total Borrowing6.073.043.100.03
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Mehul Telecom Ltd.SME₹27.73 Cr₹9813.02₹109.94+12.18%₹93.99 (+3.29%)
Umiya Mobile Ltd.SME₹24.88 Cr₹6612.18₹68.78+4.21%₹50.00 (-3.29%)
Lenskart Solutions Ltd.Mainboard₹7,278.02 Cr₹402227.27₹403.10+0.27%₹555.90 (-0.32%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Set up cost of New Stores0.62
2Working Capital23.75
3General Corporate Purposes5.12
4Public Issue Expenses4.64
Total34.13

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. Competitive Strengths Company Owned Company Operated Stores (COCO) Experienced Promoters and Management Team Multi-Brand Retailing and Partners

Contact Details

Vinit Mobile Ltd. AddressPlot no. 358, Ground, 1st & 2nd floorGopal Nagar, Bamroli Althan Expressway,PandesaraSurat, Gujarat, 394221+91 9227984148compliance@vinitmobile.comVisit Website