ICICI Securities Limited
BSE

Vinit Mobile Limited

  • IPO Open Date
  • 30th Jun 2026
  • IPO Close Date
  • 2nd Jul 2026
  • Allotment date
  • 3rd Jul 2026
  • Listing date
  • 7th Jul 2026
  • Issue Size
  • ₹ 35 Cr.
  • Issue Price Band
  • ₹ 150 to 158
  • Lot Size
  • 900 Share
  • Minimum Investment
  • ₹ 252800

About Vinit Mobile Limited

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 Partnership Opportunities
  • Extensive Distribution Network in Surat
  • Strategic Store Locations and Customer Experience
  • Financial arrangements with financial institutions
  • Innovative gift baskets to attract customers
  • Centralized Inventory Management System
  • Employee Training and After-Sales Assistance

Financials of Vinit Mobile Limited

Total Assets

Revenue

Profit after Tax

*All values are in Rs. Cr

Category Shares Offered Shares Applied Subscription Times (x)
QIBs Investor 0 21600 0.00
Total HNIs Investor 0 760800 0.00
Retail Investor 0 2640000 0.00
Shareholders Investor 0 0 0.00
Employee Investor 0 0 0.00
Total Subscription 0 3422400 0
Updated on 2026-07-05 00:40:28
GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
02-07-2026 158 ₹9 ₹167 ( 5.70% ) ₹8,100.00 02-Jul-2026 12:28 PM

Strengths of Company

  • Company-owned retail store (COCO) model.
  • Multi-brand portfolio of leading smartphone brands.
  • Strong presence with 35 retail stores.
  • In-house ERP system for inventory and operations.
  • Experienced promoter and management team.
  • Revenue from both retail and B2B sales.
  • Strong recent revenue and profit growth.

Risks of Company

  • High dependence on mobile phone business.
  • Supplier concentration risk.
  • Business concentrated in Surat and Jaipur.
  • Dependence on promoter and key management.
  • High competition in the mobile retail industry.
  • Historical corporate compliance lapses.
  • Working capital-intensive business.

IPO Lead Manager(s)

Lead Manager Details

  • Comfort Securities Limited

Lead Manager Details

  • Boi Merchant Bankers Limited

Vinit Mobile Limited FAQs

The Vinit Mobile Limited IPO is a SME IPO with a total issue size of ₹ 35 crores. The IPO price band is fixed at ₹150 to ₹158 per share, and the minimum lot size is 900 Shares. The Vinit Mobile Limited IPO will open on 30th Jun 2026, and will close on 2nd Jul 2026. Bigshare Services Pvt.Ltd. has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE.

The Vinit Mobile Limited IPO opens on 30th Jun 2026 and closes on 2nd Jul 2026.

The Vinit Mobile Limited IPO lot size is 900 Share, and the minimum amount required for application is ₹ 252800.

You can apply for the Vinit Mobile Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Vinit Mobile Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Vinit Mobile Limited IPO listing date is 7th Jul 2026.

IPO Registrar

  • Registrar Name
  • Bigshare Services Pvt.Ltd.
  • Phone
  • 8657578989
  • Contact Person
  • Mr. Sagar Pathare
  • SEBI Registration Number
  • INR000001385
  • Address
  • Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093, Maharashtra, India.

Company Contact Details

  • Company Name
  • Vinit Mobile Limited
  • Phone
  • 9227984148
  • Contact Person
  • Mr. Vinod Kumar Gupta
  • Corporate Identity Number
  • U52335MH2010PLC204372
  • Address
  • Shop No. 1 to 4, Ground Floor, A Wing, Satyam Shopping Centre, M.G. Road, Ghatkopar (East), Mumbai – 400077, Maharashtra, India
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