Vinit Mobile Ltd.
SMENSE₹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
IPO Registrar
Bigshare Services Pvt Ltd
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.
Vinit Mobile Ltd. Latest News
IPO FAQs
The Vinit Mobile Ltd. IPO has a total of ₹34 crore, calculated at the upper end of the .
The Vinit Mobile Ltd. IPO is priced at ₹150–158 per share. bids must fall within this , against a of ₹10 per share.
The for the Vinit Mobile Ltd. IPO is 1,600 shares, which is also the minimum order quantity — you have to apply for at least 1,600 shares, and in multiples of 1,600 beyond that.
The minimum investment in the Vinit Mobile Ltd. IPO is about ₹2,40,000 — one lot of 1,600 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Vinit Mobile Ltd. opens on 30 Jun 2026 and closes on 2 Jul 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Vinit Mobile Ltd. shares were listed on 7 Jul 2026 on NSE.
Bigshare Services Pvt Ltd is the for the Vinit Mobile Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Vinit Mobile Ltd. IPO shares are listed on NSE.
Each Vinit Mobile Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 99.80% of Vinit Mobile Ltd. before the IPO, which falls to 64.86% after the issue.
21,60,000 shares of Vinit Mobile Ltd. are being offered to the public in this issue.
- 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
Comfort Securities Pvt Ltd. is the book running lead manager for the Vinit Mobile Ltd. IPO.
Pre-apply means placing your Vinit Mobile Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Vinit Mobile Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Vinit Mobile Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.