V

Vinit Mobile Ltd.

SME
ListedListed on 7 Jul 2026-1.9%

Price Range

₹150–158

Issue Size

₹ 34 Cr

Lot Size

1600 Shares

Min. Investment

₹ 2,40,000

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue5,998.862,856.32
Other Income63.792.7
Total Income6,062.652,859.02
Total Expenses5,489.232,753.37
Profit Before Tax520.9996.71
Total Profit390.2171.99

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

30 Jun 2026

IPO Offer Ends

2 Jul 2026

Listing Date

7 Jul 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Working Capital 237.485
2General corporate purposes51.159

Promoters

Vinit Jalan

Promoter Shareholding

Pre-IPO

99.80%

Promoter stake

Post-IPO

64.86%

Promoter stake

Offered to Public

21,60,000

shares

Post Share Capital

40,01,980

shares

About the Company

Our Company has arrangements with various financial institutions, including Bajaj Finserv, HDB Financial Services, and TVS Credit, to facilitate point-of-sale financing and EMI options for customers at its stores, subject to eligibility and approval by such institutions. In addition, our Company facilitates after-sales support for mobile phones and accessories through authorized service centers for warranty-related repairs or services. Our Company provides after-sales assistance to customers for mobile phones and accessories sold through its stores. Such assistance includes facilitating access to authorized service centers for maintenance, repair, or warranty-related services. All mobile phones and accessories are sold with standard manufacturer warranties. Our Company coordinates with suppliers and service centers to address customer complaints relating to defective products, in accordance with applicable warranty terms. Moreover, our Company provides free home delivery for selected purchases. Our Company also undertakes promotional schemes during festive periods, including discount and cashback-based offers, in accordance with applicable terms and conditions. The company also pursues B2B sales opportunities for bulk orders from small and mid-sized retailers and corporate customers, by supplying mobile handsets and accessories in bulk quantities. This allows us to maintain our core business model (B2C) while capitalizing on volume-based transactions. These bulk orders provide an efficient channel to optimize resource utilization and also helps our company to negotiate more favorable commercial terms from key distributors and brand partners.

Use of Proceeds

1. Set up of New Stores - Proceeds will be utilized to establish new retail stores across strategic locations to enhance market presence and drive revenue growth. 2. Working Capital Funds will support day-to-day operational requirements, including inventory, vendor payments, and other short-term financial obligations. 3. General Corporate Purposes To meet general business needs such as brand development, technology upgrades, and other strategic initiatives to support overall growth.