Vinit Mobile Limited
Bookbuilding IPO · NSE
- Price band
- ₹150 - ₹158
- Lot size
- 800 shares
- Issue amount
- ₹34.13 cr
- Total subscription
- 1.67×
- Opens
- 30 Jun 2026
- Closes
- 2 Jul 2026
- Allotment
- 3 Jul 2026
- Listing
- 7 Jul 2026
Offer at a glance
Issue overview
- Issue size
- 21,60,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹34.13 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,26,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 40,10,000
- Shares after issue
- 61,70,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,600 | ₹2,52,800 |
| sHNI | 3 | 2,400 | ₹3,79,200 |
| bHNI | 8 | 6,400 | ₹10,11,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 2 Jul 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 1 |
| NIB | 0 | 108 |
| RETAIL | 756 | 1,650 |
| HNIs(10L +) | 228 | 41 |
| HNIs (2-10L) | 114 | 67 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.34 | 0.34 |
| FIIs | 0 | 0.34 |
| RETAIL | 19.11 | 41.71 |
| NIB | 12.97 | 12.02 |
| HNIs 2+ | 4.32 | 2.7 |
| HNIs 10+ | 8.65 | 9.32 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 12.74 | 9.73 | 1.8 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 52.61 | 84.78 | 102.79 |
| PRE IPO(PE) | 0 | 16.24 | 0 |
| POST IPO(PE) | 14.31 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Vinit Mobile Limite | 16.24 | 0 | 10 | 11.48 | 84.78 | 9.73 |
| Bhatia Communications & Retail (India) Limited | 24.25 | 0 | 1 | 7.07 | 15.60 | 1.1 |
| Fonebox Retail Limited | 22.2 | 0 | 10 | 33.69 | 13.18 | 4.43 |
| Umiya Mobile Limited | 14.02 | 0 | 10 | 13.69 | 40.51 | 5.42 |
Company information
Company profile
Vinit Mobile, incorporated in 2011, is a multi-brand mobile retail company offering smartphones, tablets, data cards, and mobile accessories from leading brands such as Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. As of the RHP date, the company operates 35 company-owned retail stores across Surat district, serving customers through a strong local retail network. It also provides EMI and financing options through partnerships with Bajaj Finserv, HDB Financial Services, and TVS Credit, while assisting customers with after-sales support via authorized service centers. In addition to its retail business, Vinit Mobile undertakes B2B bulk sales of mobile phones and accessories to small retailers and corporate clients, strengthening its presence in both consumer and wholesale markets.
Strengths
- Strong Presence in Mobile Retail Business: Engaged in the retail and distribution of smartphones, accessories, and electronic devices, benefiting from consistent consumer demand.
- Wide Product Portfolio: Offers products from multiple leading brands, helping attract a broad customer base and improve sales opportunities.
- Expanding Digital & Retail Reach: Growth in organized retail and increasing smartphone adoption support long-term business expansion.
Risk factors
- Highly Competitive Market: Faces intense competition from organized retail chains, online marketplaces, and local mobile retailers.
- Dependence on Consumer Spending: Sales are influenced by changing consumer preferences, replacement cycles, and discretionary spending.
- Working Capital Intensive Operations: Requires continuous investment in inventory, new product launches, and distribution, impacting cash flow.
Promoters
Mr. Vinit Jalan
Mrs. Shweta Jalan
Registrar & documents
Lead manager
Comfort Securities Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot no. 358, Ground, 1st & 2nd floor, Gopal Nagar, Bamroli Althan Expressway, Pandesara, Surat, Gujarat, 394221
+91 9227984148
[email protected]Company website ↗Understanding VMOBILE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.