Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Vinit Mobile Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on December 25, 2025 to raise funds through Initial Public Offer (IPO).
Vinit Mobile Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.22 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Comfort Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vinit Mobile IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,60,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 21,60,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 40,10,000 shares |
| Share Holding Post Issue | 61,70,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Dec 25, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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 DRHP, the company operates 32 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
Vinit Mobile Ltd.'s revenue increased by 112% and profit after tax (PAT) dropped by 100% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 19.19 | 13.34 | 7.41 | 0.01 |
| Total Income | 18.33 | 60.63 | 28.59 | 0.00 |
| Profit After Tax | 1.00 | 3.90 | 71,990.00 | -0.00 |
| EBITDA | 1.66 | 5.72 | 1.05 | -0.00 |
| NET Worth | 5.60 | 4.60 | 0.70 | -0.02 |
| Reserves and Surplus | 5.59 | 4.59 | 0.69 | -0.03 |
| Total Borrowing | 4.61 | 3.04 | 3.10 | 0.03 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Set up cost of New Stores | 0.62 |
| 2 | Working Capital | 23.75 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 84.78% |
| ROCE | 73.66% |
| Debt/Equity | 0.66 |
| RoNW | 84.78% |
| PAT Margin | 6.44% |
| EBITDA Margin | 9.53% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.80% |
Lead Manager Reports
Vinit Mobile IPO is a SME IPO of 21,60,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Vinit Mobile IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vinit Mobile IPO using UPI as a payment gateway. Zerodha customers can apply in Vinit Mobile IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vinit Mobile IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vinit Mobile IPO dates are not announced. Please check back again after some time.
Vinit Mobile IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vinit Mobile IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vinit Mobile IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vinit Mobile IPO allotment status.
The Vinit Mobile IPO listing date is not yet announced. The tentative date of listing is .
