Vinit Mobile was incorporated on May 26, 2011. The company offers a wide range of mobile handsets from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, OnePlus, and Motorola, along with tablets and mobile accessories. Through its network of 35 retail outlets, it provides customers with a comprehensive one-stop destination for mobile devices and related products
| Bidding Dates |
|---|
| 30 Jun 2026 - 02 Jul 2026 |
| Subscription |
|---|
| 1.58x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,40,000 | 2 | 2 | 800 | 2.2 M | ₹150 - ₹158 | 64.86 % | ₹324.0 M - ₹341.3 M | RHP DOC |
Vinit Mobile IPO SUBSCRIPTION STATUS
02 Jul '26Vinit Mobile IPO overall subscription rate was 1.58 times the total available shares
Vinit Mobile IPO retail subscription rate was 3.49 times in the retail segment
Vinit Mobile IPO non-institutional investor subscription rate was 2.35 times in the non-institutional investor category
Vinit Mobile IPO Qualified Institutional Bidder subscription rate was 0.02 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
02 Jul 2026 (Day 3) | 3.49x | 2.35x | 0.02x |
01 Jul 2026 (Day 2) | 0.82x | 1.07x | 0.02x |
30 Jun 2026 (Day 1) | 0.17x | 0.03x | - |
Vinit Mobile FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 55.4 | 5.1 | -2.8 | -3.0 | 13.6% |
| FY25 | 60.0 | 3.9 | 2.2 | 1.6 | 9.5% |
| FY24 | 28.6 | 0.7 | -2.8 | -2.9 | 3.7% |
Vinit Mobile IPO SUBSCRIPTION STATUS DETAILS
Vinit Mobile had 2.2 M shares on offer
Vinit Mobile IPO offer price was in the range ₹150 - ₹158
Vinit Mobile IPO minimum Investment was ₹240000
Vinit Mobile IPO issue size was ₹ 324.0 M - ₹ 341.3 M
Vinit Mobile had a minimum lot size of 800 Shares per application
Vinit Mobile NUMBER OF SHARES ON OFFER
Vinit Mobile IPO IMPORTANT DATES
| Issue Open Date | 30 Jun 2026 |
| Issue close Date | 02 Jul 2026 |
| Allotment Date | 03 Jul 2026 |
| Refund Date | 06 Jul 2026 |
| Demat Account Credit Date | 06 Jul 2026 |
| Listing Date | 07 Jul 2026 |
| Listing on Exchange(s) | NSE |
| Vinit Mobile Allotment Status | Exchange/ Registrar |
Vinit Mobile IPO subscription opened on 30 Jun 2026, and closed on 02 Jul 2026
IPO allotment for Vinit Mobile was finalized on Friday, 03 Jul 2026
IPO listing for Vinit Mobile was on NSE on Tuesday, 07 Jul 2026
Vinit Mobile IPO LISTING GAINS
| Issue Price (adjusted) | 158.0 |
| Listing Open Price | 155.0 |
| Listing Close Price | 147.3 |
| Listing Gain% | -1.9% |
| Current Gain% | -57.5% |
Vinit Mobile Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vinit Mobile Ltd. | 67.2 | 41.5 | 7.2 | 0.2 | 0.6 | 55.2 | 19.1 | 72.8 | 20 | 5.7 | 45.4 | 9.3 | 45.4 |
| Vedant Fashions Ltd. | 516.9 | 12559.5 | 32.5 | -13.1 | 8.6 | 19.1 | 13.2 | 1529 | 3.9 | 375.5 | -3.3 | 15.9 | -2.5 |
| Aditya Birla Lifestyle Brands Ltd. | 93.9 | 11455.8 | 65.1 | 0.3 | 1.3 | 12.1 | 2 | 8480.9 | 7.2 | 171 | 187 | 1.4 | 189.8 |
| Aditya Vision Ltd. | 618.4 | 7986.5 | 57.5 | 2 | 2.7 | 17 | 7.9 | 2681.5 | 18.3 | 116.9 | 10.8 | 10.8 | 29.2 |
| Ethos Ltd. | 2782.1 | 7444.3 | 71.7 | 5.8 | 4.3 | 6.4 | 4.3 | 1658.4 | 30 | 94.8 | -1.6 | 38.8 | 12.3 |
| Electronics Mart India Ltd. | 165.8 | 6380.3 | 30.9 | 0.3 | 0.8 | 6.6 | 2.8 | 7191.4 | 3.1 | 107.1 | -33.1 | 5.4 | 88.8 |
Vinit Mobile INFORMATION ON IPO ISSUE
About Vinit Mobile
Vinit Mobile was incorporated on May 26, 2011. The company offers a wide range of mobile handsets from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, OnePlus, and Motorola, along with tablets and mobile accessories. Through its network of 35 retail outlets, it provides customers with a comprehensive one-stop destination for mobile devices and related products
Object of the Issue
- Set up of new stores
- Working capital
- General corporate purposes
Vinit Mobile - PROMOTERS
| Name |
|---|
| Vinit Jalan |
| Shweta Jalan |
Vinit Mobile - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Vinit Jalan | Chairman & Managing Director |
| Shweta Jalan | Director |
| Vinay Tailor | Independent Director |
| Sanjay Vegad | Independent Director |
| Aditya Patel | Independent Director |
Vinit Mobile Book Running Lead Manager
Comfort Securities Limited
merchantbanking@comfortsecurities.co.in
Vinit Mobile Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Vinit Mobile Strengths
Retail network
The company retails mobile phones from leading brands such as Apple, Samsung, Xiaomi, Vivo, OPPO, Realme, Motorola, Google Pixel, and Infinix through 35 company-owned stores across Gujarat and Rajasthan. Operating under a Company-Owned and Company-Operated (COCO) model, it maintains direct control over inventory, staffing, billing, and overall store operations, ensuring consistent customer experience and operational efficiency
Innovative gift baskets
The company periodically offers promotional schemes at its retail outlets, including gift baskets and complimentary accessories during festive seasons and special campaigns. These initiatives are designed to enhance customer engagement, strengthen brand loyalty, and support sales growth across its retail network
After-sales assistance
The company conducts regular training programs to equip employees with product knowledge, sales practices, and operational procedures. It also supports customers with after-sales service by coordinating with authorized service centers and suppliers in line with applicable warranty terms
Vinit Mobile Risks
Competition
The company faces increasing competition from online retailers that offer a wider product range, competitive pricing, and attractive discounts through efficient digital platforms. Any inability to effectively compete with these online channels could reduce store footfall and sales, adversely affecting the company’s business, financial performance, and cash flows
Brand reputation risks
The company’s business is closely linked to the reputation and market acceptance of the leading smartphone brands it retails. Any decline in the brand image, product quality, customer satisfaction, or public perception of these brands could adversely affect customer demand, sales performance, and the company’s financial results
Expansion & operational risks
The company’s growth strategy involves opening new stores and optimizing its retail network based on store performance and market potential. Any inability to achieve expected returns from new stores or effectively manage store closures could increase costs and adversely affect revenue, profitability, and growth prospects
IPO FAQs
The promoters of the company are Vinit Jalan and Shweta Jalan.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 150.0 - 158.0.
The IPO application opens on Jun 30, 2026 and closes on Jul 02, 2026.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 240,000.0, the maximum value for this IPO is Rs 252,800.0.
This IPO will be allotted on Jul 03, 2026.
The refund will be credited to your account on Jul 06, 2026.
The allotted shares will be credited to your demat on Jul 06, 2026.
Vinit Mobile Ltd.’s shares listed on the stock exchanges on Jul 07, 2026.