Bookbuilding IPO | ₹34 Cr | Listed at NSE SME | Tue, Jun 30, 2026 - Thu, Jul 2, 2026
Vinit Mobile IPO is a book build issue of ₹34.13 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹34.13 crore.
Vinit Mobile IPO bidding started from Jun 30, 2026 and ended on Jul 2, 2026. The allotment for Vinit Mobile IPO was finalized on Jul 3, 2026. The shares got listed on the NSE SME on Jul 7, 2026.
Vinit Mobile IPO is set final issue price at ₹158 per share. The lot size for an application is 800 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,52,800 (1,600 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (2,400 shares), amounting to ₹3,79,200.
Comfort Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Comfort Securities Ltd.
Refer to Vinit Mobile IPO RHP for detailed Information.
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 2, 2026
Issue Price
₹158 per share
Market Cap (Pre-IPO)
₹97.49 Cr
| IPO Date | 30 Jun to 2 Jul, 2026 |
| Listed on | Tue, Jul 7, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹150 to ₹158 |
| Issue Price | ₹158 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,60,000 shares (agg. up to ₹34 Cr) |
| Reserved for Market Maker | 1,08,000 shares Comfort Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 20,52,000 shares (agg. up to ₹32 Cr) |
| Net Offered to Public | 20,52,000 shares (agg. up to ₹32 Cr) |
| Share Holding Pre Issue | 40,10,000 shares |
| Share Holding Post Issue | 61,70,000 shares |
| NSE Symbol | VMOBILE |
| ISIN | INE27V201011 |
Vinit Mobile IPO comprises a total issue size of 21,60,000 shares. The net offer to the public is 20,52,000 shares, after excluding 1,08,000 shares allotted on a firm basis. Of the Net offer 21,600 (1.05%) are allocated to QIB, 8,20,800 (40.00%) allocated to NII 12,09,600 (58.95%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,600 | 1.05% | 1.00% |
| NII (HNI) Shares Offered | 8,20,800 | 40.00% | 38.00% |
| − bNII > ₹10L | 5,47,200 | 25.33% | |
| − sNII < ₹10L | 2,73,600 | 12.67% | |
| Retail Shares Offered | 12,09,600 | 58.95% | 56.00% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,08,000 | 5.00% | |
| Total Shares Offered | 21,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1,600 | ₹2,52,800 |
| Individual investors (IND) (Max) | 2 | 1,600 | ₹2,52,800 |
| S-HNI (Min) | 3 | 2,400 | ₹3,79,200 |
| S-HNI (Max) | 7 | 5,600 | ₹8,84,800 |
| B-HNI (Min) | 8 | 6,400 | ₹10,11,200 |
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
| 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 | ||||
| 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% | ₹86.00 (+0.01%) |
| Umiya Mobile Ltd. | SME | ₹24.88 Cr | ₹66 | 12.18 | ₹68.78 | +4.21% | ₹50.02 (-5.60%) |
| Lenskart Solutions Ltd. | Mainboard | ₹7,278.02 Cr | ₹402 | 227.27 | ₹403.10 | +0.27% | ₹543.65 (-0.34%) |
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 | 5.12 |
| 4 | Public Issue Expenses | 4.64 |
| Total | 34.13 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 52.61% | 84.78% |
| ROCE | 46.48% | 73.66% |
| Debt/Equity | 0.62 | 0.66 |
| RoNW | 52.61% | 84.78% |
| PAT Margin | 9.12% | 6.44% |
| EBITDA Margin | 13.60% | 9.53% |
| Price to Book Value | 13.76 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.73 | 11.04 |
| P/E (x) | 16.24 | 14.31 |
| Promoter Holding | 99.80% | 64.85% |
| Market Cap | ₹97.49 Cr. |
The Vinit Mobile IPO is subscribed 1.62 times on July 2, 2026 6:54:01 PM (Day 3). The public issue subscribed 2.18 times in the individual investors category, 1.00 times in the QIB category, and 0.80 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.00 | 21,600 | 21,600 | 1 |
| NII* | 0.80 | 8,20,800 | 6,52,800 | 0 |
| bNII (> ₹10L) | 2.91 | 1,65,600 | 4,81,600 | |
| sNII (< ₹10L) | 0.26 | 6,55,200 | 1,71,200 | |
| Individual Investor | 2.18 | 12,09,600 | 26,40,000 | 1,650 |
| Total | 1.62 | 20,52,000 | 33,14,400 | 1,759 |
Total Applications: 1,759
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.76 |
| 2 | Underwriting commission | 1.71 |
| 3 | Legal Advisors | 0.03 |
| 4 | Advertising and Publishing Expenses | 0.05 |
| 5 | Regulators including Stock Exchanges | 0.11 |
| 6 | Printing and distribution of issue stationery | 0.02 |
| 7 | Others, if any (market making, depositories, Commission / Processing fee for SCSBs, bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs., marketing fees, Brokerage, selling, commission, upload fees, secretarial, peer review etc.) | 1.96 |
| Total | 4.64 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹158.00 |
| Open | ₹155.00 |
| Low | ₹147.25 |
| High | ₹155.00 |
| Last Trade | ₹147.25 |
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 ₹34 Crores. The issue is priced at ₹158 per share. The minimum order quantity is 800.
The IPO opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026.
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 opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026.
Vinit Mobile IPO lot size is 800, and the minimum amount required for application is ₹2,52,800, with 2 lots being the minimum application size.
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 Friday, July 3, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 6, 2026. Check the Vinit Mobile IPO allotment status.
The Vinit Mobile IPO listing date is on Tue, Jul 7, 2026.
