V
Vinit Mobile IPO
VMOBILE
Open Date
30 Jun '26
Close Date
02 Jul '26
Price Range
₹150 - ₹158
Min Investment
₹2,52,800
Lot Size
800
Listing at
NSE
Issue Size
21,60,000
IPO Document
Free Demat with Zero AMC*
About Vinit Mobile Ltd IPO
Incorporated in 2011, Vinit Mobile Limited is a multi-brand mobile phone retailer engaged in the sale of smartphones, tablets, mobile accessories, and related electronic products. The company offers products from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, along with accessories including chargers, earphones, power banks, screen protectors, and mobile covers.
The company operates through a network of 35 company-owned and company-operated (COCO) stores across Surat, Gujarat, strategically located to cater to a large customer base. Along with retail sales, Vinit Mobile also serves corporate clients and smaller retailers through its B2B wholesale business.
To make smartphone purchases more affordable, the company has partnered with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to offer EMI and financing options. It also supports customers with after-sales service by coordinating with authorised service centres for warranty claims and repairs.
Incorporated in 2011, Vinit Mobile Limited is a multi-brand mobile phone retailer engaged in the sale of smartphones, tablets, mobile accessories, and related electronic products. The company offers products from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus, along with accessories including chargers, earphones, power banks, screen pro
Vinit Mobile IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 1.05% | 22,680 crores |
| Non-Institutional Investors (NIIs) | 40% | 8,64,000 crores |
| Retail Individual Investors (RIIs) | 58.95% | 12,73,320 crores |
Vinit Mobile IPO Strengths & Weaknesses
Operates a network of 35 company-owned retail stores across Surat.
Offers a wide range of smartphones and accessories from leading global brands.
Strong relationships with financing partners help customers access easy EMI options.
Efficient inventory management supports product availability across stores.
Experienced promoters and management with a deep understanding of the mobile retail business.
Provides after-sales support and customer assistance through authorised service centres.
Vinit Mobile IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 03 Jul '26 | 07 Jul '26 | 06 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 21,60,000 shares (aggregating up to ₹2,52,800 crores) |
| Fresh Issue | 2,05,200 shares (aggregating up to ₹20,52,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Bookbuilding IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 99.8 shares |
| Post-Issue Shareholding | 0 shares |
Vinit Mobile IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Vinit Mobile ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Vinit Mobile IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Vinit Mobile IPO Contact & Registrar Details
Contact Details
Address
Plot no. 358, Ground, 1st & 2nd floor Gopal Nagar, Bamroli Althan Expressway, Pandesara Surat
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Vinit Mobile Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Comfort Securities Ltd. |