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HomeIPOVinit Mobile

About Vinit Mobile

Vinit Mobile was incorporated in 2011 as a multi-brand mobile retailing company. The Company provides its customers with a vast array of smartphones from well-known brand manufacturers such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. Moreover, it also retails tablets, data cards, and mobile accessories including earphones, chargers, power banks, screen protectors, and mobile cases. At the time of this RHP, Vinit Mobile has 35 COCO retail stores spread across the Surat District, namely Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri. It has tie-ups with financial institutions such as Bajaj Finserv, HDB Financial Services, and TVS Credit to facilitate the availability of EMI and financing facility to customers as per their discretion. Also, it helps customers in after-sales service by facilitating through their authorized service centers. In addition to retail sales, it also engages in the B2B bulk sales of mobile phones and accessories.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Vinit Mobile

Vinit Mobile

Open Date

Jun 30, 2026

Close Date

Jul 2, 2026

listed

Min Investment

₹2,52,800

Lot Size

800 Shares

Issue Size

₹34.13 Cr

Price Range

₹150 - ₹150

Listing Date

Jul 7, 2026

IPO Doc

RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹1(+0.63%)GMP
0.32%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Vinit Mobile IPO - Issue Objectives

The company will use ₹0.62 crore to set up new retail stores to enhance market presence. The company will use ₹23.75 crore for working capital requirements of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

1.8%

Working capital

69.5%

General corporate purposes

28.5%

1

Capital expenditure

The company will use ₹0.62 crore to set up new retail stores to enhance market presence.

1.80%
2

Working capital

The company will use ₹23.75 crore for working capital requirements of the business.

69.50%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

28.50%

IPO Subscription Status

QIB
1.00x
NII
0.93x
Individual
2.18x
Total
1.67x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Vinit Mobile

In Cr.

Contact Details

Vinit Mobile

Plot No. 358, Ground, 1st & 2nd Floor, Gopal Nagar, Bamroli Althan Expressway, Pandesara, Surat, Gujarat - 394221.

+919227984148
compliance@vinitmobile.com
https://www.vinitmobile.com

Vinit Mobile IPO - FAQs

Vinit Mobile IPO is a SME IPO. The issue is priced at 150-₹158. The minimum order quantity is 800 Shares. The IPO opens on 30 Jun, and closes on 2 Jul. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-06-29
  • Bidding Starts2026-06-30
  • Bidding Ends2026-07-02
  • Allotment Finalisation2026-07-03
  • Release of Funds2026-07-06
  • Demat Transfer2026-07-06
  • Listing2026-07-07