
✓
Open
30 Jun to 2 Jul, 2026
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Close
30 Jun to 2 Jul, 2026
3
Allotment
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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
07-07-2026₹0Est. ₹158+0%
06-07-2026₹0Est. ₹158+0%
05-07-2026₹0Est. ₹158+0%
04-07-2026₹0Est. ₹158+0%
03-07-2026₹1Est. ₹159+0.63%
02-07-2026₹1Est. ₹159+0.63%
01-07-2026₹30Est. ₹188+18.99%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 1.00x |
| NII | 0.80x |
| Retail | 2.18x |
| Total | 1.62x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 25.04 | 13.34 | 7.41 | 0.01 |
| Total Income | 56.01 | 60.63 | 28.59 | 0.00 |
| Profit After Tax | 5.11 | 3.90 | 0.72 | -0.00 |
| EBITDA | 7.53 | 5.72 | 1.05 | -0.00 |
| NET Worth | 9.71 | 4.60 | 0.70 | -0.02 |
| Reserves and Surplus | 5.70 | 4.59 | 0.69 | -0.03 |
| Total Borrowing | 6.07 | 3.04 | 3.10 | 0.03 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mehul Telecom Ltd. | SME | ₹27.73 Cr | ₹98 | 13.02 | ₹109.94 | +12.18% | ₹93.99 (+3.29%) |
| Umiya Mobile Ltd. | SME | ₹24.88 Cr | ₹66 | 12.18 | ₹68.78 | +4.21% | ₹50.00 (-3.29%) |
| Lenskart Solutions Ltd. | Mainboard | ₹7,278.02 Cr | ₹402 | 227.27 | ₹403.10 | +0.27% | ₹555.90 (-0.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Set up cost of New Stores | 0.62 |
| 2 | Working Capital | 23.75 |
| 3 | General Corporate Purposes | 5.12 |
| 4 | Public Issue Expenses | 4.64 |
| Total | 34.13 |
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