Vinit Mobile Ltd.
SMEBSE₹150–158
₹ 34 Cr
1600 Shares
₹ 2,40,000
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 5,998.86 | 2,856.32 | |
| 63.79 | 2.7 | |
| 6,062.65 | 2,859.02 | |
| 5,489.23 | 2,753.37 | |
| 520.99 | 96.71 | |
| 390.21 | 71.99 |
Subscription Details
IPO Timeline
IPO Offer Start
30 Jun 2026
IPO Offer Ends
2 Jul 2026
7 Jul 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Set up cost of New Stores | 6.205 |
| 2 | Working Capital | 237.485 |
| 3 | General corporate purposes | 51.159 |
Promoters
Book Running Lead Managers
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.